As of July 2026, CarSearch.Pro's True Value model estimates a typical Toyota MR2 is actually worth $14,100 (fair range $12,400 to $15,800). Unlike the median asking price shown above, True Value is anchored to 191 recent confirmed sales, normalized for mileage, and blends auction hammer prices (grossed up for buyer's premium) with real-world asking behavior.
Sellers are currently asking a median of $11,900 — about 16% below what these cars have actually been selling for. Asks sitting below recent sold values can signal softening demand or motivated sellers.
As of July 2026, the Toyota MR2 market has 364 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $11,900, with the middle 50% of listings priced between $7,500 and $15,995. Toyota MR2 prices have decreased 17.8% over the past quarter, from a median sale price of $13,200 to $10,850.
The typical Toyota MR2 on the market has 110,000 miles. Listings spend an average of 130 days on market before selling or being removed.
Current Toyota MR2 Pricing
A fair price for a Toyota MR2 in July 2026 is between $7,500 and $15,995 (25th to 75th percentile). Prices range from $4,500 to $19,999 across 364 active listings.
Price Distribution (364 Active Listings)
Percentile
Price
Meaning
10th
$4,500
Budget / project cars
25th
$7,500
Below average price
Median (50th)
$11,900
Typical market price
75th
$15,995
Above average / premium
90th
$19,999
Top tier / low miles / rare spec
The average asking price is $12,174, which is higher than the median, indicating that high-priced outliers (rare specifications, very low mileage, or concours-quality examples) pull the average up.
Price by Mileage
Mileage Range
Listings
Median Price
Under 10,000 mi
23
$16,900
10,000 - 25,000 mi
14
$19,949
25,000 - 50,000 mi
18
$17,916
50,000 - 100,000 mi
101
$13,900
100,000 - 150,000 mi
105
$10,000
Over 150,000 mi
91
$7,900
Toyota MR2 Price Trends
Toyota MR2 prices have decreased 17.8% over the past quarter. In 2026-Q3, the median sale price was $10,850 across 3 sales, down from $13,200 in 2026-Q2.
On a year-over-year basis, Toyota MR2 prices are down 11.1% ($10,850 vs. $12,200 a year ago).
Toyota MR2 Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2024-Q4
32
$13,985
$15,594
2025-Q1
29
$15,652
$18,808
2025-Q2
41
$13,101
$15,064
2025-Q3
43
$12,200
$14,857
2025-Q4
68
$14,300
$15,395
2026-Q1
36
$16,250
$18,840
2026-Q2
33
$13,200
$14,674
2026-Q3
3
$10,850
$18,783
Best Value Toyota MR2 by Model Year
The 1989 Toyota MR2 offers the best value with a median price of $4,500 across 5 listings. The most expensive model year is 1995 at a median of $26,000.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
1985
10
$7,000
$2,500
$12,000
1986
22
$6,500
$2,500
$20,000
1987
23
$8,600
$2,500
$23,990
1988
8
$11,000
$3,500
$22,900
1989
5
$4,500
$2,500
$10,000
1990
1
$7,995
$7,995
$7,995
1991
44
$10,999
$2,500
$54,321
1992
13
$15,995
$4,000
$21,995
1993
25
$13,500
$3,000
$24,995
1994
4
$19,000
$4,800
$25,250
1995
2
$26,000
$21,900
$26,000
1997
2
$18,000
$9,000
$18,000
1998
1
$24,900
$24,900
$24,900
2000
48
$13,950
$3,000
$34,995
2001
49
$11,900
$3,000
$22,000
2002
41
$12,991
$3,500
$23,388
2003
48
$13,000
$7,780
$24,950
2004
9
$11,000
$6,900
$20,800
2005
9
$10,851
$6,000
$19,999
How Mileage Affects Toyota MR2 Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Toyota MR2 from confirmed sales, referenced to a typical example at about 73,000 miles:
Odometer (approx.)
Value Multiplier
Implied Value
1,128 mi
2.06x
$28,981
5,448 mi
1.44x
$20,315
10,244 mi
1.24x
$17,464
23,660 mi
1.06x
$14,890
39,271 mi
1.13x
$15,903
63,102 mi
1.08x
$15,229
96,476 mi
0.84x
$11,849
145,799 mi
0.69x
$9,739
226,274 mi
0.69x
$9,757
Low-mileage examples carry a real premium in this market: around 1,128 miles, cars trade at roughly 2.06x the reference value. At the other end, 226,274-mile examples trade at about 0.69x. Implied values here are anchored to this market's True Value.
Toyota MR2 Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
52%
volatile
58% over 62 tests
12 months
↓ DOWN
51%
volatile
48% over 56 tests
24 months
↓ DOWN
51%
volatile
45% over 44 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Toyota MR2 — every month we re-run the forecast as if we only knew what was knowable then, and grade it against what actually happened. We publish the hit rate either way. Full methodology & track record →
Where to Buy a Toyota MR2
The highest concentration of Toyota MR2 listings is in CA with 48 active listings, followed by TX (33), WA (31), FL (21), AZ (18).
Regional pricing varies significantly. The lowest median price is in GA at $6,500, while NY has the highest at $17,962. Buyers willing to travel or arrange transport may find savings of $11,462.
Top States by Inventory
State
Listings
Median Price
CA
48
$8,000
TX
33
$10,000
WA
31
$12,000
FL
21
$11,000
AZ
18
$11,000
CO
15
$9,500
NJ
13
$12,995
IL
11
$9,900
NY
11
$17,962
PA
10
$10,000
Toyota MR2 Market Velocity
Toyota MR2 listings spend an average of 130 days on market. This is a slow-moving market. Listings tend to sit for extended periods, giving buyers significant negotiating power. Sellers should be realistic on pricing and patient.
The median time on market is 55 days. The lower median suggests most cars sell relatively quickly, while a smaller number of overpriced listings drag up the average.
Toyota MR2 Buyer's Guide Summary
Fair price range: $7,500 to $15,995. The median is $11,900. Anything below $7,500 is a strong value; above $15,995 should be premium condition, low miles, or a desirable specification.
Trending down: Toyota MR2 prices have dropped 17.8% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 1989 model year has the lowest median price at $4,500, making it the most accessible entry point into Toyota MR2 ownership.
Negotiate: With an average of 130 days on market, sellers are often willing to negotiate. Listings over 60 days old are especially open to offers.