The Toyota Supra has gone from inception to legend in what feels like no time at all. Since 1978, the Supra has been a JDM staple, but outside of enthusiasts, most Americans didn’t know much about the Japanese muscle car until the 90s. Well, they sure as hell know now. A 1993 Mk4 Toyota Supra for $299,800.
How much is a Mk4 Toyota Supra worth?
This is a broad and overly generalized question, but as far as the car we are looking at here is concerned, the fourth-generation Toyota Supras are worth a bucket-load. A really clean 6,571-mile ‘95 Toyota Supra sold this summer for $201,000. At this time, this was seen by many as an absurd number for a Toyota. Now we know the joke is on us. Based on that sale last summer to this ‘93 Supra, it would seem the summer Supra was a bargain.
What makes the Toyota Supra so expensive?
The Supra is an enthusiast car, through and through. These cars are sporty, fast, and rare – and depending on who you ask – they are good-looking. This car, in particular, has several rare and desirable features along with super low mileage, making the price shoot the moon.
First and foremost, the ‘93 Toyota Supra only has 9,638 original miles. As we have seen over the past two years, people are willing to spend crazy money on almost anything with low mileage, much less a Supra. This Supra isn’t just a low-mile car. If that weren’t enough, these cars were powered by the legendary 2JZ power plant. The 321-hp 2JZ is a turbocharged straight-six. This car was lucky enough to get the massively desirable six-speed manual transmission.
Will the Supra actually go for $300,000?
The Illinois car dealer, Diamond Motor Works, feels confident in the price for this Mk4 Toyota Supra because of its crazy low mileage, killer condition, great features, and the market in general. In the Supra world, as with many other collector cars, the color matters. According to CarScoops, this ‘93 Mk4 Toyota Supra wearing anthracite paint is more desirable than the red ‘95 Supra that was sold last summer.
The other option is that wild prices draw publicity in the collector car world. It may be that the dealer is simply trying to drum up interest in this clean, rare car with a massive price but expects to take a lower offer. This is not a fact, but merely this writer’s opinion.
One point of reference for pricing for this car comes from what must be the most famous Supra ever, Paul Walker’s orange Mk4 Supra from The Fast and The Furious. The very famous picture car from the film sold for $550,000 this past summer as well. If THE Supra only sold for $550,000, how close to that number can a “regular” production car go for? I guess we’ll find out.
The collector car market has gone wild
Many of us (myself included) love to bark at our computer screens when we read about cars like this that have appreciated by roughly 10 trillion percent. We balk at this because we remember when these unobtainium cars. Many of us remember our older siblings’ friends pulling up to the house in these living legends when they were nothing more than “that loud car you brother’s friend drove that smelled like old cigarettes.”
Seeing “that car” ask $300,000 is strange and confusing and often leads to feelings of anger, not real anger, but it’s close enough to make us want to criticize it. The truth is people vote on the market’s validity with their money. If these cars continue to crush six-figure sales, then maybe we need to come to grips with the market we grew up with is gone. There is a flourishing new market. Not to mention, this $300,000 Mk4 Toyota Supra probably doesn’t blast the Deftones and smell like cigarettes.