2007 Toyota MR2

MK III W30 Convertible 1.8 L

Vehicle values by condition

Fair
Condition 4
£2,000
#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped.
Good
Condition 3
£3,500
#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior.
Excellent
Condition 2
£5,000
#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws.
Concours
Condition 1
£7,000
#1 vehicles are the best in the world. The visual image is of the best car, unmodified, in the right colours, driving onto the lawn at the finest concours.
Insurance premium for a
2007 Toyota MR2 MK III W30 Convertible 1794
valued at £3,500
£397.29 / year*

History of the 1999 - 2007 Toyota MR2

1999 - 2007 Toyota MR2
1999 - 2007 Toyota MR2

Toyota MR2 MK 3 (W30) 1999 - 2007

For the third generation of the MR2, Toyota aimed to return to its roots, creating a lightweight and nimble sports car but this time in roadster guise. Utilising steel monocoque construction and a transverse, mid-mounted 16v 1794cc DOHC engine with variable valve timing and electronic fuel injection, the car produced 138bhp in stock trim. The gearbox was a five- (later six-) speed manual and a rare optional SMT semi-auto 'box. A Torson LSD was fitted as standard to SMT cars and offered as an option on other models.

The interior is functional but not luxurious, but leather and alcantara seat options do add refinement. Luggage space is extremely limited, but the soft top is practical and efficient.

Today, the W30 Toyota MR2 is becoming a collectable modern classic. Post-2002 facelifted cars are sought after, as are original cars without the ubiquitous body kits and other aftermarket 'improvements'. Engines and bodywork are for the most part robust, but sills and subframe should be checked for rust. The ceramic pre-cat attached to the manifold has a tendency to disintegrate, destroying the engine, so is best replaced or removed. Lambda sensors can also be costly to replace too. Alternatives are the Mazda MX-5, the MG F and the Alfa Romeo 916 Spider.

Hagerty Newsletter
Get your weekly dose of car news from Hagerty UK in your inbox

Your weekly dose of car news from Hagerty in your inbox

ADVERTISEMENT

Thanks for signing up!

Your request will be handled as soon as possible