I do no care about your current age, weight, what your daily driver is, or the games you are playing with your dealer.You are the first to have noticed what is in my profile so you win. They only made 5000 of these in 2001 for the whole US market. People love them but I am now too old and fat to get in and out of it easily. My other vehicle is a Tacoma so I mostly drive it now and will keep it as a spare. If i sold the MR2 outright to a private party or Carvana, etc I would want to fully disclose the oil usage which would mean even less than $5000, maybe only $2000 since it needs a new engine to deal with the oil usage. The dealer is playing games with me so I do not mind playing games with him.
I think you should be aware though that in the last 5-7 years the market for JDM vehicles from the early '90s to the mid '00s has skyrocketed. Vehicles like the Supra, WRX, S2000, and many others including the Gen3 MR2 have gained significant value.
Now I'm not saying you need to sell it locally all I'm saying is do a little bit more research before you trade it in. You might be surprised at its value even with engine trouble. Of course that is contingent on other factors like the interior condition and exterior condition but don't count it out because it has a bad engine.
This place and many forums like it are filled with older guys who don't appreciate JDM vehicles. They like their old school Mustangs, Camaros, Barracudas, ect and that's fine but trust me the JDM market is more robust than you might think.
Anyway, just my 2 cents. Take it or leave it and of course best of luck in whatever you decide to do.
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