Dowdy Drifter: 1984 Toyota AE86 Corolla SR5 – SOLD!
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While widely known today as a virtually indestructible front-wheel-drive economy car, in the mid-eighties the AE86 Toyota Corolla SR5 such as the one we came across originally in December 2019 on Craigslist in Grandview-On-Hudson, New York featured a lightweight rear-wheel-drive chassis. The third caretaker of this car is on the fence of keeping or selling it and is currently testing the waters by asking $5,000 for it. A quick check of the NADA Guides Classic Car Online Valuation Tool confirms the current “Low”, “Average”, and “High” retail value range of these cars to be $1,225, $1,925, $2,425, respectively so only time will tell whether he finds an enthusiast willing to pay a premium.
Produced for model years 1983 through 1987, Toyota’s rear-wheel-drive AE86 Corolla was a popular choice for showroom stock road racing and rallying. After production ended, many private teams continued to race the AE86, and it remains a popular choice for rallying and club races today. Additionally, the car’s lightweight rear-wheel-drive platform became an entry-level staple in the earliest forms of drifting. The AE86 is still featured as an entry-level car in many video racing games.
This so far unmolested AE86 with its freshly rebuilt stock engine could follow one of two paths. The next caretaker could leave it alone and drive it to any RADwood type event of their choice or someone looking for a budget car to start drifting with could start modifying it heavily to get the rear end to start eating up tires on every curve. Regardless of the path you decide to take, good luck with the purchase!
Here’s the seller’s description:
“1984 Toyota Corolla for sale. It’s a 2 door rear wheel drive coupe with sun roof. This car runs very well. Body is in good condition, very little rust and dents. So no major issues under the hood, on the body and inside isn’t too bad either.
If your interested in this car, most likely you know how awesome and rare they are. I don’t need to tell you that this car is a historical piece of racing history, and you already know how awesome it is to drive. I won’t delve into that part here. If you don’t know, Google it, it’s kool to know in any case.
A bit of history, to the best of my knowledge. First owner took good care of it. Mostly garage kept, and rebuilt engine before selling it less then 2 years ago. Second owner acually drove it often and intended to supe it up but had to sell it because of financial issues. I recently purchased it. So far i added new calipers and break lines, fixed heater, fixed ti-rod, windshield to name a few. Will work on fixing interior while i decide what i want to do with exterior. Plan on cleaning the interior and adding radio next week. I am listing this to see if i can make a quick sale before i restore this classic car. Otherwise I will happily keep it and drive the value up 3x + myself. Also i just love classic cars especially from the 80’s, so my price is not that flexible. Might be open to a trade.
The good – car won’t need too much work to restore it. Most things function. Most things are original. It’s a blank canvas to create your own masterpiece, or you can restore it to its former glory.
The bad – no radio, stock motor(highly doubt anyone will keep this part stock).
The unknowns – i never checked the vin, not sure what is on it or why I need to check it. Also I am not a mechanic, so I don’t know what I don’t know. So I don’t know if I am missing something. But It drives well, and my mechanic says it’s in very good shape.
I am friendly, and will be very transparent. I don’t want to screw anyone over, don’t hesitate to call.“
Do you have an AE86 Corolla story you’d like to share? Comment below and let us know!