Buy a Soarer for £4 grand ?
One of these days I will produce a "Soarer Buyers Guide", having owned the TT for four years and recently bought a V8 with Air suspension, spent more time at Powerhouse Garage than some of the staff, run the SoarerTT website, co-founded the Toyota Imports Forum and a member of every Soarer specific forum around the world I think I can speak with some authority on the subject.
Many Soarers we see in the UK are early 91/92 examples having done well over 100k miles (they can do 200+k miles), even Lexus cars have issues at this age, this includes worn or failed;
A/C pump, suspension bushes, valve guides, cam follower rattles, fading 3D speedo's, knacked turbo's, slack boot/bonnet struts, sticky rear calipers, leaking power steering pumps & faulty air struts/suspension sensors on V8's.
This is in addition to the normal servicing items of cam belts, ancillary belts, brake discs, rotor caps/arms & leads on the V8's, not to mention oil & filter changes every 5k mls.
Straight off you can see that owning a Soarer is not "cheap motoring" a big service on a V8 could set you back £600/700 (the plugs are £120 a set), as they have come down in price in the past few years we are now starting to see them in the hands of "boy racers", these guys will not spend the money to keep the cars up to scratch, run them (neglect them) for a year or two and then get shut when big bills are looming.
Go through Loot, E&M ot Autotrader (use the search criteria of SOARER to pick up both Toyota and Lexus advertised cars), and you will see them as cheap as £3.5k why? because they are in need of some attention. Spend £4k on a Soarer and expect to spend another £2k putting it back into good condition.
If you are looking for a Soarer then a good service history is crucial, very few arrived from Japan with any service history so it's the past years in the UK which is more important, expect to see several of the bigger items from the top list have been attended to and regular servicing. Servicing should have been carried out by Lexus/Toyota dealers or a specialist like Powerhouse, Intech or JEM and not J.Bloggs around the corner.
Reading all this could make you think that an old Soarer is unreliable, that's the wrong impression. With regular servicing and prompt attention to any of the major items the Soarer is very reliable and one of the best sports coupe available. If my 1992 TT was up for sale it would be worth about £7k because of the service history and amount of rectification work.
Looks like I have the start off a buyers guide now.
London Bill - Soarer 2.5 Twin Turbo.