Whats it worth....?

Discussion and technical advice for 84-89 AW10 & AW11 MR2. 3A-LU, 4A-GE, 4A-GZE.

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Lauren
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Re: Whats it worth....?

Post by Lauren »

Looks like a lot of work to be fair. I've seen far worse, but if you were paying to get it all done, reckon you'd have spent a further £1.5K before it's well sorted and then it will stand you in 2K.

Worth it? I'm not sure unless you love the car.
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Re: Whats it worth....?

Post by Charged »

Ridge Racer wrote:

Your thoughts? still worth a punt at £500? Or should i walk away? #-o :|


Hard to answer as we do not know what you want with/from the car. If you are looking for a 'show car' then you'll need to spend a fair bit of money to bring it up to scratch, if you want a good useable Mk1 then £500 is a good deal once you address a few issues (clutch being the major one).


also, FYI, it is not a Mk1a, it is a cross over
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Re: Whats it worth....?

Post by Ridge Racer »

charged wrote:
Ridge Racer wrote:

Your thoughts? still worth a punt at £500? Or should i walk away? #-o :|


Hard to answer as we do not know what you want with/from the car. If you are looking for a 'show car' then you'll need to spend a fair bit of money to bring it up to scratch, if you want a good useable Mk1 then £500 is a good deal once you address a few issues (clutch being the major one).


also, FYI, it is not a Mk1a, it is a cross over


I don't want a show car, I think its abit too far gone for that plus i don't have the resources or know how to get it there. What i do want though is a nice MR2 to use. it will end up being my main transport if/when i buy it. I don't think its possible to keep it as a show car when using it every single day?

Its a crossover? really?! i didn't know they had crossovers?

I'm guessing the lock issue will be expensive?
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Re: Whats it worth....?

Post by Charged »

£500 sounds good for what you need it for but budget the same again for repairs I'd say.

The only true Mk1a are the 1985 models.

The locks could costs as much as the car if you proceed the wrong way, or less than a pair of my shoes ( I shop at shoe zone) if you do it the right way.
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Re: Whats it worth....?

Post by SuperRedMR2 »

Just get a set of locks off of eBay or off of someone breaking a whole car.

Not sure how much your cheapest pair of shoes cost you bought Ollie - thought you'd have a touch of class and shop in Sole Trader lol
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Re: Whats it worth....?

Post by Ridge Racer »

ust get a set of locks off of eBay or off of someone breaking a whole car.


I need a lock set?! why?! that sounds abit extreme??

Does this car have central locking?? The battery is currently flat on it so could that be causing the problem?

I put the key in the door and turning left no problem but if you turnt it right it would not turn... i vaguely remember my Mark 1 B doing similar when its battery was flat?
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Re: Whats it worth....?

Post by SuperRedMR2 »

It kind of has central locking.

Is it just the doors you cannot lock?
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Re: Whats it worth....?

Post by Ridge Racer »

Yes just the doors, boot/ignition work fine.
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Re: Whats it worth....?

Post by pk_090 »

Yeah i was thinking crossover as it has the "triangle" spare wheel, and the funky heater controls which the A had, but then also has side skirts and mudflaps which only the B had.
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Re: Whats it worth....?

Post by Lauren »

Sideskirts were put on MK1a's in 86. Otherwise it's a MK1a.

Forgot it was a Cat C.

Definitely not worth it IMO.
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Re: Whats it worth....?

Post by Ridge Racer »

Cat D*** :thumleft:

But yeah... I'm beginning to think hard about it... I love the car its a really awesome bit of kit and its local... but... I'm thinking it could be a money pit too... It's hard but i need to let my head rule over heart kinda thing.

I'm going to pop back and speak to the chap there. I've actually put a small deposit down on the car but since I've spotted these bits that need sorting the price we agreed isn't really valid...

What would you guys say its worth? I think 300/350 maybe even 400 at a very hard push?? Am i right or wrong.
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Lauren
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Re: Whats it worth....?

Post by Lauren »

Being a Cat D will devalue it whatever you spend on it.
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Re: Whats it worth....?

Post by kaiowas »

Lauren wrote:Being a Cat D will devalue it whatever you spend on it.


Only for as long as people continue to take that attitude towards 'Cat D' cars. Any minor bodywork damage is sufficient to cause an insurance company to write off a mk1 these days, yet the damage could be much less serious and much less hassle to fix properly than some of the rust repairs that are considered routine maintenance.

As long as you know why a car was written off and that the damage has been repaired properly there's no real reason why they should be worth any less.
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Re: Whats it worth....?

Post by mk1 dal »

hi , my old girl not been kept well at all by the last owner and looks like its been kept outside for along time under a tree . looking at the pics it wouldn't take long to sort the car out and bring it back to the standard when i sold it . the floor pan is solid and so is the front chassis and protection was applied ( industrial rust protection injected inside ) when i owned the car . the door locks will be a easy fix and cheap and probably the control unit has failed if both sides wont lock . the clutch is a consumable item so can go at any time and again if your mechanically minded a easy cheap fix ( compared to a modern car fitted with a duel mass clutch 400 pounds + before fitting costs ) . the leak from the front will be the biggest head ache but again it can be fixed very cheaply if you do the work yourself . as to the price 500 pounds for a CLASSIC SPORTS CAR is nothing in fact 500 pound for a car is nothing :lol: this is a very good 26 years old mk1 A needing very little work to bring it back to show standard . if you don't buy it i will mate and rescue my old baby ( i only sold the car when i brought the charger and had no room for it , regretted it ever since ) . my best advice for you is don't buy if your not prepared to spend money on a 26 year old car or don't have the skills or time to fix it your self . there aren't many mk1As left never mind in this colour and at 500 pound its a no brainier with mot . i do understand where Lauren is coming from when she say's it's not worth it , her classic car stands her at 10 grand and it shows its stunning and will hold it's value but the mk1 hasn't caught up yet , you have to get your hands dirty and sort the car out and give the girl some love and when you drive it appreciate your work and realize your driving something people wished they could own . the mk1 is a classic car and its worth 1500 of anybody's money in this condition, good one's are going for 3000 to 10000 + ( check import prices) , the days of a cheap mk1 will be soon gone.

gary :thumleft:
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Re: Whats it worth....?

Post by donna »

I would buy itfor £500 if it was near me with an mot 8)
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Lauren
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Re: Whats it worth....?

Post by Lauren »

I don't wish to cause any offence but the MK1 will never catch up with AE86 values. MK1's do not have the heritage so they will never be worth as much. I love the MK1, I've arguably had far more fun in MK1's than I have ever managed in the AE86, but that doesn't make the MK1 worth more.

Import prices are mostly down to a very poor exchange rate. This is why nobody is importing MK1s. It's simply not financially viable. It makes no sense. So a high price to import a MK1 doesn't mean it is high value.

Obviously each to their own but I would never buy a car that has been an insurance write-off. People will always knock the value down. The problem is you can always buy another car that is not a Cat D and therein lies the problem.

People will do what they will they will with their money of course. My opinion is that I wouldn't touch a Cat D even if it was absolutely mint.
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Re: Whats it worth....?

Post by Ridge Racer »

Being a Cat D will devalue it whatever you spend on it.


My plan is to keep it till either it dies or i die so this is not a worry for me.

Only for as long as people continue to take that attitude towards 'Cat D' cars. Any minor bodywork damage is sufficient to cause an insurance company to write off a mk1 these days, yet the damage could be much less serious and much less hassle to fix properly than some of the rust repairs that are considered routine maintenance.

As long as you know why a car was written off and that the damage has been repaired properly there's no real reason why they should be worth any less.


Mrk1 Dal knows more than i do. I have looked VERY carefully over the car its all solid, nothing bent or any signs of it being in a crash so I think its very fair to say it was either very light damage or it was repaired VERY well indeed...

( industrial rust protection injected inside ) when i owned the car


Wow really? what exactly does that mean? I was actually budgeting for under body anti rust protection so if its already been done... :mrgreen: :mrgreen: :thumleft: :thumleft:

Posted: Sun Dec 16, 2012 10:15 am Post subject:
I don't wish to cause any offence but the MK1 will never catch up with AE86 values. MK1's do not have the heritage so they will never be worth as much. I love the MK1, I've arguably had far more fun in MK1's than I have ever managed in the AE86, but that doesn't make the MK1 worth more.

Import prices are mostly down to a very poor exchange rate. This is why nobody is importing MK1s. It's simply not financially viable. It makes no sense. So a high price to import a MK1 doesn't mean it is high value.

Obviously each to their own but I would never buy a car that has been an insurance write-off. People will always knock the value down. The problem is you can always buy another car that is not a Cat D and therein lies the problem.

People will do what they will they will with their money of course. My opinion is that I wouldn't touch a Cat D even if it was absolutely mint.


My motorcycle i ride at the moment is a cat D, I've owned cars in the past which were cat C and stuff... it doesn't really bother me as i never buy a car to make a profit on. As i said before i will be buying this car for a life long investment i LOVE mark 1's always have always will.

I'm more than happy to put the money in that is required my only issue is i have little experience in repairing myself... perhaps some fellow members can be tempted to lend a hand exchange for some ££ + beer!? :lol:
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Re: Whats it worth....?

Post by donna »

If you plan to keep the car and restore/ modify for your own pleasure then i cant see the problem with cat d, its a £500 car not a £50,000 car.

Not everyone buys old classics and worries about selling/ depreciation :thumleft:
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Re: Whats it worth....?

Post by Ridge Racer »

Well said! I will certainly do it justice by keeping it well kept but I'm not going to sell it.

First thing i want to do it put an original mark 1 A airfilter back on it. I don't want any modifications on it what so ever (apart from the wheels)
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Re: Whats it worth....?

Post by ian08 »

All cat D cars are on V-car and irrespective of peoples personal views, they will always fetch less than an equivalent car that isn't on the register.
I've driven around in Cat D cars before as a daily but I wouldn't pour any money into one, what's the point when unrecorded cars can be bought for similar money?
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