1989 Toyota MR2 Is a Reliable Collectible Sports Car

Classics
Asian
March 26, 2026
March 26, 2026
The motoring press greeted the Toyota MR2 with rave reviews when it launched in 1985. They praised the MR2 for its sharp handling, lively performance, and affordable price. Combining all that with legendary Toyota reliability, the sports car was an immediate hit. Its popularity continues today.
1989 Toyota mr2 being sold on eBay
This first-generation 1989 MR2 recently sold on eBay previously had just two owners who took great care of the car. It is visually striking in gleaming black paint with a dark blue interior.
The owners never raced, crashed, or modified the car. This model is beloved by racers, so it's unusual to see a 1989 Toyota MR2 that is barely broken after putting 107,000 miles on the clock.

Toyota’s First Mid-Engine Sports Machine

The MR2 was the first mid-engine car from the typically conservative Toyota. Chassis wizards from Lotus helped to develop the suspension, combining a comfortable ride with the model’s quick reflexes. Champion racer Dan Gurney helped dial in the handling. Taking another page from the Lotus playbook, the MR2 was designed to be lightweight, tipping scales below 2,500 pounds.
This MR2 gets its power from a 1.6-liter, twin-cam four-cylinder engine pumping out 116 horsepower—paired with a slick-shifting five-speed manual transmission. The combination is more than enough to quickly get the lightweight coupe up to speed. Period reviewers pegged fuel economy at about 28 mpg.

Maintenance Mods

1989 toyota mr2 interior driver's seat with red steering wheel

A Meticulously Maintained 1989 MR2

This 1989 MR2’s 87-year-old seller says he meticulously maintained the car over the years. The engine has had a regular diet of synthetic oil changes. Moreover, the seller limited his modifications from stock to upgraded aftermarket components replacing factory items that wore out. These upgrades include:
This 1989 Toyota MR2 combines collectibility with everyday reliability. Its new owners can drive it to work every day, knowing that its $16,500 purchase price will only go up over time.

About the author

Jim Travers
Jim Travers is a lifelong gearhead. A classic car enthusiast and collector, Jim is a regular judge on the car show circuit and is author of the Smithsonian Institutions book, “Extreme Cars." His work has appeared in Automobile, Autoblog, BBC Autos, Car and Driver, Cars.com, Car Talk, Consumer Reports, and Hagerty. He lives in Duxbury, Mass., a town known for its beach and its dump. Jim can often be found at one or the other.

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This article is meant to provide general guidance only. Automotive maintenance, repair, upgrade, and installation may depend on vehicle-specifics such as make and model. Always consult your owner's manual, repair guide for specific information for your particular vehicle and consider a licensed auto-care professional's help as well, particularly for advance repairs.