Prices for MkIV-generation Toyota Supras have been going absolutely wild in recent times and at a Barrett-Jackson auction over the weekend, a 1997 example sold for an unbelievable $176,000.
The Supra in question is special for a number of reasons. First and foremost, it is badged as a Limited Edition 15th Anniversary model because it was built in 1997. Additionally, it was one of just 376 Targa top models painted black with a black interior for that model year. There is a caveat, however.
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For the price of a McLaren 570S, one may expect a Supra like this to have exceptionally low miles under its belt. Not the case here. In fact, this Supra had traveled 69,891 miles (112,478 km) when it crossed the auction block. That’s not a lot for a vehicle which is now 22-years-old but it does seem like a lot for one which sold for almost $200,000.
The MkIV Toyota Supra, particularly those fitted with the twin-turbocharged 2JZ six-cylinder engine like this one, have always been popular among tuners and finding a stock one with limited miles is extremely difficult. This car was sold with an aftermarket exhaust and lowering springs and it’s inevitable that the near-standard condition helped with the final auction price.
This isn’t the first MkIV Supra we’ve seen fetch a monumental amount at auction. Earlier this year, a very similar black Supra from 1994 was sold by RM Sotheby’s for a cool $173,600 but importantly, that car only had 11,300 miles (18,185 km) on the clock, making the sale price somewhat more understandable.