The 1987 Toyota Supra is a iconic sports car that has gained a significant following over the years. With its sleek design, powerful engine, and pop culture appearances, the Supra has become a sought-after collector’s item. If you’re looking to buy or sell a 1987 Toyota Supra, it’s essential to understand its value. In this article, we’ll delve into the world of classic car valuation and explore the factors that determine the worth of a 1987 Toyota Supra.
Introduction to the 1987 Toyota Supra
The 1987 Toyota Supra is a third-generation model, also known as the A70 or MKIII. It was produced from 1986 to 1992 and featured a range of engine options, including a 3.0-liter inline-six and a 2.0-liter turbocharged inline-four. The Supra was designed to be a high-performance sports car, with a focus on speed, agility, and style. Its sleek and angular design, penned by Toyota’s legendary designer, Isao Kawabata, has become an iconic symbol of 80s and 90s automotive culture.
Design and Features
The 1987 Toyota Supra boasts a range of innovative design features, including a pop-up headlight system, a sleek rear spoiler, and a luxurious interior with premium leather upholstery. The car’s aerodynamic design, which includes a drag coefficient of just 0.32, helps to reduce wind resistance and improve handling. Under the hood, the Supra’s 3.0-liter inline-six engine produces 200 horsepower, making it a formidable performer on the road.
Engine Options
The 1987 Toyota Supra came with two main engine options: the 3.0-liter 7M-GE inline-six and the 2.0-liter 3S-GTE turbocharged inline-four. The 7M-GE engine produced 200 horsepower at 6,000 rpm, while the 3S-GTE engine produced 230 horsepower at 6,000 rpm. Both engines were paired with a five-speed manual transmission, although an automatic option was also available.
Market Value and Pricing
Determining the value of a 1987 Toyota Supra can be a complex process, as it depends on various factors such as the car’s condition, mileage, and originality. According to recent market trends, the average price of a 1987 Toyota Supra can range from $10,000 to $50,000 or more, depending on the specific model, trim level, and condition. Here are some general price guidelines to consider:
In general, a base model 1987 Toyota Supra with high mileage and average condition can be purchased for around $10,000 to $15,000. A mid-level model with lower mileage and better condition can cost between $20,000 to $30,000. A high-performance model, such as the Turbo or Sport Roof model, can command a price of $30,000 to $50,000 or more, depending on the level of originality and condition.
Factors Affecting Value
When determining the value of a 1987 Toyota Supra, several factors come into play. These include:
Condition: The car’s overall condition, including the state of the body, interior, and engine, plays a significant role in determining its value. Originality: The presence of original parts, such as the engine, transmission, and suspension, can greatly impact the car’s value. Mileage: Lower mileage generally translates to a higher value, as it indicates less wear and tear on the vehicle. Rarity: Limited production models, such as the Turbo or Sport Roof, can command a premium price due to their scarcity. Provenance: A car with a documented history, including ownership records and maintenance logs, can be more valuable than one without.
Restoration and Modification
Many 1987 Toyota Supra owners choose to restore or modify their vehicles to improve performance, appearance, or both. While restoration can increase the car’s value, modification can be a double-edged sword. Over-modification can negatively impact the car’s value, as it may compromise the originality and authenticity of the vehicle. However, tasteful modifications that enhance the car’s performance or appearance without compromising its original character can increase its value.
Buying and Selling a 1987 Toyota Supra
If you’re looking to buy or sell a 1987 Toyota Supra, it’s essential to do your research and understand the market. Here are some tips to consider:
When buying a 1987 Toyota Supra, look for a car with a clean title, low mileage, and a well-documented history. Inspect the car thoroughly, paying attention to any signs of wear, damage, or modification. Consider hiring a mechanic to inspect the vehicle and provide a report on its condition. When selling a 1987 Toyota Supra, make sure to provide detailed documentation, including maintenance records, ownership history, and any repair or restoration work. Price the car competitively, taking into account its condition, mileage, and originality.
Online Marketplaces and Auctions
The internet has made it easier than ever to buy and sell classic cars, including the 1987 Toyota Supra. Online marketplaces like eBay, Craigslist, and specialty forums provide a platform for buyers and sellers to connect. However, be cautious when transacting online, as scams and misrepresentations can occur. Consider working with a reputable dealer or auction house to ensure a smooth and secure transaction.
Auctions and Car Shows
Auctions and car shows provide a unique opportunity to buy and sell classic cars, including the 1987 Toyota Supra. These events bring together enthusiasts, collectors, and dealers, creating a vibrant marketplace for classic cars. However, be prepared for competition, as these events can attract multiple bidders and buyers. Make sure to research the car’s value, inspect it thoroughly, and set a realistic budget before participating in an auction or car show.
In conclusion, the 1987 Toyota Supra is a highly sought-after classic car, with a value that depends on various factors such as condition, mileage, and originality. Whether you’re looking to buy, sell, or simply admire this iconic sports car, understanding its value and market trends is essential. By doing your research, working with reputable dealers or auction houses, and being cautious when transacting online, you can ensure a successful and enjoyable experience in the world of classic car collecting.
What is the current market value of a 1987 Toyota Supra?
The current market value of a 1987 Toyota Supra can vary greatly depending on several factors such as the condition of the vehicle, mileage, and originality. Generally, the prices can range from around $10,000 for a high-mileage model in need of restoration to over $50,000 for a low-mileage, mint-condition example. It’s essential to research and compare prices of similar models that have been sold recently to determine a fair market value. This can be done by checking online marketplaces, classic car auction sites, and consulting with classic car enthusiasts and experts.
In addition to the condition and mileage, the trim level and engine type can also impact the value of a 1987 Toyota Supra. The Turbo model, for example, tends to be more valuable than the naturally aspirated version due to its increased performance and rarity. Similarly, the limited-edition models, such as the 1987 Toyota Supra Turbo with the Sport Roof package, can command a premium price due to their exclusivity. It’s crucial to consider these factors when determining the market value of a 1987 Toyota Supra and to have the vehicle inspected and appraised by a professional if you’re considering buying or selling one.
How has the value of the 1987 Toyota Supra changed over time?
The value of the 1987 Toyota Supra has experienced a significant increase over the past decade, driven in part by the growing popularity of classic cars and the nostalgia for 1980s sports cars. In the early 2000s, the Supra was considered a relatively affordable classic car, with prices ranging from $5,000 to $15,000. However, as the car’s popularity grew, so did its value, with prices increasing by as much as 50% in the past five years alone. This upward trend is expected to continue, with some experts predicting that the value of the 1987 Toyota Supra will continue to appreciate, making it a solid investment opportunity for classic car enthusiasts.
The increase in value can be attributed to the 1987 Toyota Supra’s iconic status, thanks in part to its appearance in popular culture, such as in the “Fast and Furious” franchise. Additionally, the car’s performance, handling, and styling have made it a favorite among car enthusiasts, which has contributed to its growing demand. As a result, the 1987 Toyota Supra has become a highly sought-after collector’s item, with many buyers willing to pay a premium for a well-maintained or restored example. Whether you’re a seasoned collector or a first-time buyer, the 1987 Toyota Supra is an excellent choice for anyone looking to own a piece of automotive history.
What are the most valuable features of a 1987 Toyota Supra?
The most valuable features of a 1987 Toyota Supra include its originality, low mileage, and rare trim levels or options. A Supra with its original engine, transmission, and interior is highly prized among collectors, as is a car with low mileage (under 50,000 miles). Additionally, rare trim levels such as the Turbo or Sport Roof package can command a premium price due to their limited production numbers. Other valuable features include the car’s Pop-Up headlights, which are a distinctive feature of the A70 Supra, and its rear spoiler, which adds to the car’s aggressive styling.
The condition of the vehicle’s body and paint is also crucial, with a rust-free and well-maintained body being essential for a high-value Supra. The car’s wheels and tires should also be in good condition, with the original wheels being a plus. Furthermore, any documentation or provenance, such as the car’s original sales invoice, service records, or competition history, can add significant value to the vehicle. By focusing on these key features, buyers can identify a valuable 1987 Toyota Supra and make a smart investment in a classic car that is likely to appreciate in value over time.
Are there any rare or limited-edition models of the 1987 Toyota Supra?
Yes, there are several rare and limited-edition models of the 1987 Toyota Supra, including the Turbo model, which was only produced for a limited time. The Sport Roof package, which added a removable roof panel, is also highly sought after, as is the limited-edition ” pacing car” model, which was produced to commemorate the Supra’s role as the official pace car for the 1987 IMSA racing series. Additionally, there are some rare color combinations, such as the “white package” which featured a white exterior with black accents, that can command a premium price due to their rarity.
These limited-edition models can be highly valuable, with some selling for tens of thousands of dollars more than the standard model. For example, a 1987 Toyota Supra Turbo with the Sport Roof package can sell for over $70,000, while a standard Turbo model can sell for around $50,000. It’s essential to research and verify the authenticity of any rare or limited-edition model, as some may be replicas or fake. By working with reputable dealers or collectors and using expert authentication services, buyers can ensure that they are purchasing a genuine and valuable 1987 Toyota Supra.
How do I determine the originality of a 1987 Toyota Supra?
Determining the originality of a 1987 Toyota Supra requires careful inspection and research. Start by checking the vehicle identification number (VIN) to verify that it matches the one on the title and other documentation. Next, inspect the engine, transmission, and other major components to ensure they are original and have not been modified or replaced. Check for any signs of repainting or bodywork, and look for original factory stickers, labels, and stamps, which can be found on the engine, transmission, and other components. Additionally, check the interior for original upholstery, carpets, and dashboard components.
It’s also essential to review the car’s maintenance and service records to ensure that any repairs or replacements were done using original parts and procedures. Consult with Toyota experts, classic car enthusiasts, and restorers to get their opinion on the car’s originality and condition. You can also use online resources, such as forums and databases, to research the car’s history and compare it to other similar models. By taking a thorough and meticulous approach, you can increase your confidence in the originality of a 1987 Toyota Supra and make a more informed purchasing decision.
Can I restore a 1987 Toyota Supra to its original condition?
Yes, it is possible to restore a 1987 Toyota Supra to its original condition, but it requires a significant amount of time, effort, and resources. The restoration process involves disassembling the vehicle, inspecting and repairing or replacing damaged or worn-out components, and reassembling the vehicle using original or reproduction parts. It’s essential to use original Toyota parts or high-quality reproductions to maintain the car’s authenticity and value. Additionally, any modifications or upgrades should be reversible, so the car can be returned to its original condition if needed.
The restoration process can be complex and challenging, requiring specialized tools, expertise, and facilities. It’s recommended to work with experienced restorers or classic car specialists who have knowledge of the 1987 Toyota Supra’s specific requirements and nuances. A thorough restoration can take several months to several years to complete, depending on the scope of the project and the level of detail required. The cost of restoration can also vary greatly, depending on the extent of the work needed, but it can range from $10,000 to $50,000 or more. By restoring a 1987 Toyota Supra to its original condition, you can increase its value, improve its performance, and enjoy a truly unique and rewarding driving experience.
How do I maintain and care for a 1987 Toyota Supra?
Maintaining and caring for a 1987 Toyota Supra requires regular attention to its mechanical, electrical, and cosmetic components. Regular oil changes, tire rotations, and brake pad replacements are essential to ensure the car’s engine, transmission, and brakes are in good working condition. Additionally, the car’s electrical system, including the battery, alternator, and wiring, should be inspected and maintained regularly to prevent faults and damage. The car’s body and paint should also be regularly washed, waxed, and protected from the elements to prevent rust and corrosion.
It’s also essential to address any issues or problems promptly, as neglecting maintenance can lead to more significant and costly problems down the road. Keep a record of all maintenance and repairs, including dates, mileage, and parts used, to help track the car’s history and provide valuable information for future owners. Consider joining a classic car club or community to connect with other 1987 Toyota Supra owners and enthusiasts, who can provide valuable advice, support, and resources. By following a regular maintenance schedule and taking a proactive approach to care and maintenance, you can enjoy your 1987 Toyota Supra for years to come and help preserve its value and condition.