NEW YORK ¨C When a classic red 1994 Toyota Supra sold online for $121,000 in January, it shocked not only the usual car-related Instagram junkies but also close followers of the tiny Japanese sports car. The going rate for one in good condition tends to hover around $59,000.
Credit the high price to its low mileage and the fact that it was so well-preserved ¡ª it might as well have been vacuum-packed back in ¡®94. The record for the most expensive Supra sold at auction is $199,800, the sum paid for the orange Supra that appeared in the movie ¡°The Fast and the Furious.¡± But this was the highest price ever paid for one in an online auction. Most of them dimly approach the $100,000 mark.
The sale came a few weeks before the first-production 2020 Toyota Supra took $2.1 million at a Barrett-Jackson charity auction during the famous annual sales in Scottsdale, Arizona. That¡¯s twice as much as the first-production Ford Mustang Shelby GT500 fetched at the same event.
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