Ok mate, you are at a budget which requires even more common sense than spending big money, as you know most mr2s polish up very nice but take a look behind the scenes to see if its history and unmolested engine is genuine, 1991 with 40k on the clock hhhhmmmm! is he an importer or has he acquired the vehicle from and importer recently, how many years has it been in the uk, if its more than 3 its very unlikely to be realistic mileage! Pull back the boot liner and take a look at the ecu and wiring to see if any has been cut at any point, and even that the ecu is 3sgte

stock model, do a compression test, check out the suspension, and take it for some good boosting to see if its boosting hard all the way to 5.5k, does the needle hit the plus mark and hold, has it been de-restricted if so it has been raced! Good luck old boy!
