For years or even decades after their initial purchase, Toyotas have a reputation for maintaining their value. The Toyota Supra, on the other hand, is an example of a vehicle that is now worth more than it did when it was first introduced.
There are a few factors that might be blamed for this price increase, but supply and demand are likely the most important. You can find out what we mean by searching for “1998 Toyota Supras for sale” on Google. Everyone appears to desire one, but they are exceedingly hard to find. Over the past few years, this has increased the price of a car that was already valued.
The 1998 Toyota Supra’s initial MSRP ranged from $31,000 to just over $40,000. Depending on whether you chose the ordinary automatic, sport roof automatic, sport roof turbo automatic, or sport roof turbo manual, there was a pricing difference.
The cheapest price we could find for a 1998 Toyota Supra is now almost twice as much as it cost new. However, the price becomes somewhat more reasonable when you account for inflation.
The cost will vary depending on factors like mileage and the amount of money put into the car, much like when buying a used car. You might anticipate paying anywhere between $65,000 and perhaps a little over $100,000 if you’re interested in purchasing this now-classic Toyota vehicle.
Although this price may seem excessive for a vehicle that has been in production for more than two decades, the 1998 Supra is more than worth the asking price, as we’ll discuss in more detail below.
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Are 1998 Supras uncommon?
Everyone is aware that the Supra’s fifth generation is a different kind of sports vehicle than the A80 series. The 1990s model known as Mk IV and coded A80 is the one that gives both collectors and tuners the willies.
Described by All Street as “the rarest Supra in the world, a one-of-one specification with Solar Yellow painting and the Aerotop option,” this 1998 model is one of only two ever made.
Sadly, it is automatic, and because it is in flawless condition and has only 93,000 kilometers (57,788 miles), we won’t be converting it, the Australian dealer continued.
Chassis number JZA801003225, verified as a singular specimen of the breed in The Supra Registry, is entirely stock both inside and out and comes with “The vendor claims that all past data is available. Unfortunately, it has a SZ trim.
That used to be the base model in Japan, complete with 17-inch wheels, black cloth upholstery, manually adjustable seats, dark silver trim, and four audio speakers. The major drawback is that the engine under the hood is not the turbo we all know and love, but rather a free-breathing unit.
Although it goes by the name 2JZ-GE rather than 2JZ-GTE for the force-fed version, the 3.0-liter plant is nonetheless constructed like a tank. This mill initially produced 225 PS (222 horsepower) and 284 Nm (209 pound-feet) of torque, but it was simple to upgrade to absurd crankshaft numbers without updating the internals.
“The internet advertisement’s description of the “ultimate collector Supra,” as it is referred to, isn’t exactly enticing to someone who wants to modify this car to the hilt. Because bone-stock models are as scarce as hen’s teeth, it is essentially a blue-chip collectible, as the dealer says.
The asking price for this 1998 survivor is 100,000 Australian dollars, which, using the current exchange rate, comes to roughly $71,605. You might even conclude that this yellow-painted man represents good value for money given that the first series-production GR Supra cost someone more than $2 million.
What is the cost of a Toyota Supra?
What Is the Price of the Toyota Supra? The starting price of the 2022 Toyota Supra is $43,190, which is significantly less than that of any other car in its class. For six-cylinder vehicles, the price rises to $51,540, and for the limited-edition A91-CF Edition, it rises to $63,280.
How quick is a 1998 Supra?
This powerful competitor, also known as the 2JZ-GTE, has been installed in practically every make and model. We’ll get into the specifics of this Toyota Supra engine’s 321 horsepower and 315 lb-ft of torque a little bit later. The MK4 Supra’s top speed was 177 mph as a result, but it could only travel 155 mph outside of Japan. The Mark 4 Supra can accelerate from 0 to 60 mph in 4.7 seconds thanks to the effectiveness of sequential turbochargers. A Toyota Supra ran the 1/4 mile at 109 mph in 13 seconds, outpacing numerous V8 competition.
- Price: $40,000
- 3.0 liter sequential turbo straight six engine
- 6-speed manual or 4-speed automatic transmission
- 321 horse power
- 315 lb-ft of torque
- 0-60 mph: 4.7s
- 1/4 mile: 13.1 seconds @ 109 mph
- Maximum Speed: 177 mph
What’s the market price of a 1988 Toyota Supra?
Prices for the 1988 Toyota Supra range from $2,800 for the base Hatchback Supra trim level to $6,600 for the top-of-the-line Hatchback Supra Hardtop model.
What makes Supras so expensive?
The Toyota Supra is a sports car, and sports cars are typically pricey, therefore the answer to this question should be simple. Other plausible explanations include its stunning exterior styling, a bevy of user-friendly technological features, powerful engine, and established reputation, among others.
Why are Supras so hard to find?
The Toyota Supra has been making news more frequently recently despite being off the market in the United States for 20 years. And for good reason: Toyota has spent the last five years igniting enthusiasts’ fervor for its future fifth-generation model, which will be unveiled at the 2019 Detroit Auto Show and will go on sale in 2019. In addition, collectors are starting to drive up prices on clean versions from the 1990s.
The Supra, often thought of as little more than a Celica coupe with more power, has recently found itself in the spotlight, and not in a good manner.
Generation Xers, millennials, and die-hard fans who grew up idolizing the automobile, in particular, have fallen in love with Toyota’s fourth-generation A80 Supra, which was produced from 1993 to 1998.
Here is a glance at the present activities of the tenacious Supra as well as a glimpse at its history.
Toyota Supra Sells for $121K
A 1994 Toyota Supra manual twin-turbo that was in brand-new, factory-condition, recently for an astounding $121,000 at auction. Although that price is unlikely to become the standard, it does firmly establish the Supra as a six-figure car. Why then did this specific Supra command such a premium price?
For starters, it’s a vintage collectible that still contains all of its original parts. This Supra has all the original equipment, right down to the cassette tape/CD player, including the distinctive rear spoiler, its original aluminum alloy wheels and Bridgestone Potenza tires, and the mint tan leather seats. Additionally, it has only 7,000 kilometers on it, which is unusual for a car this old. The car’s rarity is increased by the fact that it was also unmodified; Supras from this generation were frequently modified and customized, making the unaltered versions difficult to find.
The 3.0-liter, twin-turbocharged inline-six engine with 320 horsepower and 315 pound-feet of torque in this Supra, along with a six-speed manual transmission, make up its very desirable drivetrain configuration. This Supra also has nostalgically appealing styling. The majority of cars in this generation came with a less powerful base inline six-cylinder engine and either a four-speed automatic transmission or a five-speed manual transmission.
The high price is just a result of supply and demand, to sum up. For an unique vehicle like this one, there is a long runway of development potential, even though $121,000 sounds like a lot to pay for a car. Younger collectors who admire these models will eventually have larger money for the ideal automobile they dreamed of as children, while Supras as spotless as this one will only become more rare. Prices can rise significantly when there is a large supply gap and a high demand.
The Supra is Back for 2020
For the first time since the last Toyota Supra was marketed in the United States in 1998, the Supra made a reappearance. A fifth-generation Supra, the A90, was debuted at the 2019 North American International Auto Show (NAIAS), which took place in Detroit from January 14 to 27. The A90 was mostly developed by BMW and uses a BMW motor and many other components from the new Z4. Since this is the first new Supra to be sold in well over 20 years, excitement is understandably strong.
It has an inline six-cylinder turbocharged engine with 335 horsepower, a rear-wheel drive system, and an eight-speed automated transmission. It promotes aerodynamic balance with a low center of gravity and a 50-50 weight distribution. The 2020 Supra will be offered in two grades, 3.0 and 3.0 Premium, as well as a “Launch Edition,” and will be on sale in the summer of 2019. Renaissance Red 2.0, Nitro Yellow, and Downshift Blue will all be colors.
A Toyota Supra will depreciate 25% after 5 years and have a 5 year resale value of $43,361.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. Additionally, it counts on a new-car selling price of $57,814. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota Supra’s projected resale value using our depreciation calculator.
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Supras: Are they worth it?
Without a doubt, the Mk5 Toyota Supra (20202021) is a fantastic sports car that is suitable for daily use. Even though it may not be the fastest or most practical sports vehicle available, it offers excellent value for the money. Even though the Supra is a fantastic vehicle, your opinion may alter over time. If you intend to purchase a Toyota Supra and retain it for a while, you should be aware of the following.