There is almost nothing bad about this car. The speed, dry-road handling, braking and style is just amazing. It is also very easy to upgrade for performance. I must correct those of you who have commented on the bad head gasket. It can survive ~350HP if you retorque the headbolts and it wasn't abused.
Drive the car and if it makes a lot of gurgling sounds out of coolant overflow tank, the head gasket is leaking. Check under the oil cap for grey sludge. That means the rings are worn or coolant is getting into the oil. Look in the overflow tank for oil also. Its best if you are mechanically inclined as maintenance will be costly. Be ready, this car eats $100 bills and and just says more. After the mechanical issues are sorted, its a great car to drive. You can put your arm upright on the window sill without being cramped like in a newer FR-S or even a 93-98 Supra. Its got a lot of premium features, especially the turbo with the sports package. I have been driving the same Supra for 20 years. I can't find a car I like better. The down sides are that its a bit heavy (3,600 lbs) for the horse power and uses gas (premium) 16 - 23 MPG. At about 13 lbs per hp on a stock turbo, its a bit heavy. 10 lbs/hp or less would be ideal for a nimble sports car. Its more of a comfortable sporty touring than a track car unless you make costly modifications. Some of the lines of the car remind me of a Porsche 928 or a 1980s Laser / Daytona. Parts are getting harder to find.
I just love this car! Stylish without being 'over the top'. Good handling, comfort and ride without being irritatingly oversharp, bumpy and twitchy. Relaxingly roomy with great luggage capacity. IT SEATS 4! Ultra quiet and smooth when accelerating hard. It is a quality car that happens to cost very little for what it delivers - a lot of bangs for the buck.It is a Grand Touring car rather than a serious sports car. It has a timeless understated elegance that will/has not dated as fast as others.
I've had to replace the head gasket TWICE in 4 years! This has caused me to replace the clogged catalytic converter and the exhaust, muffler, etc. Toyota should be sued over the faulty engine design of it's 3 liter engines!
One of the nicest cars I've owned, rivaling my Lexus LS 430 in many areas and exceeding it in performance, fun-to-drive, and styling. No problems in 21 years and still looks and drives like new. It has been called the best car Toyota ever made. I recall some car mag saying something like "if you want performance and comfort, buy the Supra, otherwise the Porsche 928 will do." The car has gotten as high as 28/20 highway/city and averages 24/19. A head-turner still, it will carry 2 bicycles and camping gear for a 3-week trip. Is anyone looking for an 18,000-mile LS 430?