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Discussion Starter · #1 ·
O.K. Time to get the opinions of the masses.

I’ve got a 1982 automatic L-type Supra in very good condition. (It has the single “SUPRA” emblems not the Celica/Supra) so it’s a very early 1982. The condition of the car is totally stock except some jackass used a sledge hammer and a stick of dynamite to install an aftermarket stereo and I am missing the antenna hole after a body job the previous owner did about five years ago. Both of these are an easy fix to go back to true stock condition. The mileage is 208,000 km or 130,000 miles and mechanically is in superb condition. The body is just starting to show the odd rust spot but I will get that fixed this spring with a full body touch up because the overall condition of the body is extremely solid. The interior is in mint condition bar the usual damage to the rear seat head rests from the sun and a small amount of wear on the drivers seat. The carpets are mint also. Sorry I don't have some pictures but I'll try to borrow a digi camera from work soon.

Now question # 1:

What is this car worth? I am planning to get it appraised for insurance purposes soon but I doubt there are any Supras in such a good stock condition for the estimator to use as a baseline here in Canada. (The bodies just fall off due to the salt in winter) I don’t want to pay for an estimate and then get screwed because of a lack of research on their behalf. So lets hear some opinions from the real Supra experts so I’ve got some bullets to put in the estimators gun.

Question # 2 :

Recently I have come into possession of a 1992 7M-GTE with a blown head gasket. The engine was purchased for a long term rebuild of a turbo 5M/7M Frakenmotor but now that I have it … that dam turbo and manifold keep telling me to bolt them up to my beautiful stock 5M-GE and do a mild boost upgrade. Help me out here … I can’t fight the urge to modify … must BOOST!!!!! Is the turbo going to wreck the value of the car by making it a non-stock Supra or are they just a dime a dozen and I should modify all I want ‘cause it can only raise the value?? I’ve also got a set of P-type aluminum rims from an 85 Celica GTS that are calling my name for the spring…more rubber for the turbo!


SO that’s it. Lets hear some opinions from the experts. The more details the better! Oh yeah, for prices just say if it’s in CND “Canadian Dollars“ or USD “US Dollars”

THANKS ALL!
 

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well your car is definatly unique and rare but the mk2 isn't quite a serious collectors car yet, the milage isn't that low and it probably isn't worth all that much. Maybe 3500 canadain, 4500 tops if it really looks mint. Even if the mk2 was a serious collectors car, I think most would be looking for an 85/86 with the black/grey leather interiors. Those seem to be the ones that go for the most and the most desirable. Also to me the auto and ltype seats wouldn't really be a plus. Maybe in 5+ years it might be worth 5 or 6gs if its barely driven and all defects fixed. I say have some fun with it. Do your best to keep it mint but imo some nice wheels and a 7mgte could only increase its value (and get yourself some ptype seats :wink:).
 

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All of what he said and don't forget that any thing that you can put on can come off if and when you want to sell. Just keep your car clean and enjoy.
 

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A guy just up the road from me has a 82 p-type with 81,000km's for 3000 candian. Car hasnt been licensed or on the road since 1990. I havnt got around to taking a look at it but I would imagine after 13 years of no drving it needs work.
 

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I say keep it TOTALLY stock and give me the 7m :wink: :deal:
 

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There were hundreds of thousands of MkII Supras sold. Sorry, but it's not a rare car.

Modify the crap out of it.
 

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82MKIILtype said:
O.K. Time to get the opinions of the masses.
I’ve got a 1982 automatic L-type Supra in very good condition. (Now question # 1: What is this car worth?
Whatever you paid for it and whatever you spend to make it the car you want. It's an old car. In my instance, I paid $3200 2 years ago for one of my 85's; a Nevada desert no rust car. I've paid much less for most of the other mk2 Supras I have owned/own over the years. I buy liability insurance. If involved in an accident I fix it. Last fall, right before putting my summer driver up for the winter, I hit Bambi and she bashed in the right fender, tore the right headlight assembly clean off and bent the hood. I tore it apart and took it to a body shop to straighten the radiator frame area and reassemble using spare parts from my other Nevada rust free parts car. When I found out about 14 months ago that I was moving back to Wisconsin, I bought two extra Supras just to have rust free parts available. Since moving here, I have purchased a couple midwest Supras just for winter driving.
Joe Bagodonuts is not going to buy a twenty year old Supra for $3500 just because you convinced an appraisor that it is worth that much to you. The best route for me is always pay cash for old Supras and have a spare parts car and a winter driver so you can park your good one. I realize that you aren't going to go to Nevada just to find a rustfree Supra. But my point is that these old cars aren't worth much to anyone but me and about 650 other souls around here who seem to be as fanatical about Mark 2 Supras as I am. My brother in law with the new Saab and 2 year old Audi thinks I am nuts to drive these old Supras and just doesn't understand why I dont buy a BMW! He seems to be in the majority. But, I really don't see the point in getting an estimate - it wont be the same as the value I put on it.
Question # 2 :
Is the turbo going to wreck the value of the car by making it a non-stock Supra or are they just a dime a dozen and I should modify all I want ‘cause it can only raise the valueTHANKS ALL!
Do you feel the need? of course - so go for it. Again Joey B. isn't going to buy your car no matter what you do to it - it's an old car. However, if you do the turbo and do it right, but two years down the road you decide it is not what you want anymore, there is a group right here that would pay extra for a turboed Supra if it was done right and taken care of the right way. I am going to turbo two of my toys this winter - one 7m and one 5m. They will be worth more to me than before. But I am not going to worry about their value to anyone else.
 

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I think that car collecting in the future will be different than what we are accustomed to seeing now. Back in the 60s and before, people went to the new car dealer and ordered a new car. They got to choose from a long laundry list of different engines, options and colors and could pretty much customize a car right from the factory. Things began to change in the 80s with manufacturers offering only a couple of "option packages". Instead of dozens of cars to choose from like in the 60s, there were now hundreds of models. In the race to win customers, most everything that was once optional became "standard equipment." Indeed our own Supras pretty much all came one way - loaded! Tall guys would give their eye-teeth to find one "without" a sunroof for the extra head clearance. I think that modern cars may actually become more desireable because of various modifications. Consider how many aftermarket companies produce custom products to personalize modern cars and how many "tuners" are now selling selling specialty versions of common cars through dealerships. You didn't see these trends 30 or more years ago. I think it will have to be incorporated into the psyche of car collectors in the future as the modern era becomes the good ole days.

Phil D.

P.S. we know that U.S. sales figures for the mk2 were around 122,000 for all types over 4 1/2 years. I'd bet that the U.S. accounted for 2/3rds of worldwide sales so there probably weren't much more than 200,000 built in total. Compare to Ford or GM which can build that many Mustangs or Camaros in a couple of months. And they keep the same body style for 10-15 years! The mk2 is extremely rare in comparison.
 

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How many are made isn't nearly as important as how desirable a car is. I'm sure sure a ' 74 Pinto wagon with port hole windows, mag wheels, 8 track, and velour seats is a rare car these days, but nobody is going to pay jack for the car. I say mod the car if that is what makes you happy. With the market so small for MkIIs for probably the next 20 yrs at least your going to be waiting a long time for any kind of appreciation. The group of people willing to pay big bucks or over blue book for MkIIs is incredibly small. Generally bone-stock/restored automobiles are worth the most. About the only exception where modded cars are worth more is street rods.
 

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Agree - It's a good idea to get the car you want and use it the way you want. If your looking for an investment a Mk 2 probably isn't it. I've spent many $'s on mine for sentimental reasons and to make it competative with most other cars on the street. By the way mine is an '85 absolutely mint condition with no rust anywhere, original paint and interior and about 90,000kms. Motor is a maxed n/a 5m with all new top end and rebuilt bottom my investment $10G cdn what I could sell it for maybe half if I'm lucky but I get up every day and figure I'm damm lucky to have it. Hey I know I could have gone turbo for a lot less $'s but I wnated to see what this would do.
 

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my question in response is...
are you keeping it for a while, or selling in the foreseeable future?

if your selling, mod it a bit, make it nice and clean, then sell... fully expecting to get almost nothing compared to what the car is worth to you, or us.

if your keeping it... make her what you want... P type fenders... 5 speed conversion, turbo, P type wheels, digidash, trip meter, window tint... the skys the limit, as far as possibilities go, so enjoy it, and make her yours. :)
 

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Hey Morganism,

Mod the car and enjoy it!

Mk2 Supras are not collectible (yet), may be in 10-20 years or may never be. There is a small group of people who are huge fans of the car. You've found some of us on this site. There are perhaps another few thousand like-minded folks around the world who are not on this site. That's a pretty small group of people, so the prices of Mk2's won't be skyrocketing anytime soon.

Also, L-type and auto are two strikes against your car. Sure they make it a bit more rare, but they make it less desirable to most of the fans of the car.

If you want to meet about a dozen huge fans of the Mk2 Supras, you should jump in your car and come to one of the Toronto Supra Club monthly mini-meets. 8) We get great turnouts at those meets, usually about 50-60 people show up per month. One or two Mk1's, about a dozen Mk2's, 20-30 Mk3's and 5 or 6 MkIV's along with some friends/spouses. We get similar turnouts in the winter months, but people drive their winter-beaters instead of their Supras. Email me if you need info on time and place.
 

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Discussion Starter · #15 ·
Now this is what I call a information! These are some great opinions and I thought that this would make my decision easy ... but it's not! :cry:

In reality, I guess this is realy a good problem to have. I do love my little 145hp auto Supra even if my friends, girlfriend, and my entire family think I'm crazy. Just out of curisosity, has anyone ever kept track of the number of destroyed relationships/marrages that Supra Obsessions have caused??? I bet it's right up there with drugs, alcohol, and old highschool flings! :humpleg:

I think a little turbo pic-me-up is just what the doctor ordered for the 'ol girl. I actually already have two W58 trannys in Celica Parts cars but I think I'll wait untill the auto takes a dirt nap. I also just bought a 20'X48' greenhouse that is going to become my new Supra Haven. I think I'd better put a fridge and a bed in there 'cause the girlfriend dosn't know I bought it yet and when she sees it I think even the couch will be off limmits! :naughty: :agrue: :bad-word: :nutkick: :snipersm:

Anyways thanks for all the input and I guess I'm going to start posting on the 5M-GTE section of the forum instead.

Later Gators.
 
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