2000GT
1967-1970 / Coupe / Japan
Photo: Photo by Rutger van der Maar / Wikimedia Commons CC BY 2.0
The 2000GT was Japan's first true supercar, a hand-built grand tourer that stunned the world when it appeared in the James Bond film You Only Live Twice. Co-developed with Yamaha, it featured a twin-cam straight-six with three carburettors, a five-speed gearbox, four-wheel disc brakes, and a backbone chassis. Only 351 were built, making it one of the rarest and most valuable Japanese cars ever produced.
The 2000GT proved that Japan could build a car to rival the best from Europe. It could match an E-Type Jaguar on performance and exceeded it on build quality. Australian examples are virtually non-existent, but the car's significance to the Japanese car community here is enormous. It's the car that showed the world Toyota was capable of more than reliable family transport, and it set the tone for everything from the Celica to the Supra that followed.
Thinking of buying a 2000GT?
What to look for, what to pay, what to avoid.
What to watch for.
Carburettor Deterioration and Synchronisation Drift
Common Engine, 3M 2.0L DOHC Inline-6 (Yamaha-Built)
Carburettor Deterioration and Synchronisation Drift
CommonRough idle, uneven power delivery, flat spots during acceleration, poor fuel economy, and difficulty starting. The engine may run rich on some cylinders and lean on others.
The three twin-choke Mikuni-Solex 40PHH carburettors use rubber diaphragms, accelerator pump membranes, and needle valves that deteriorate with age and fuel exposure. Modern ethanol-blended fuels accelerate deterioration of original rubber components. The carburettors also drift out of synchronisation over time, particularly if the car is driven infrequently.
Full rebuild of all three carburettors using NOS or reproduction rebuild kits. Synchronise using a vacuum gauge or Uni-Syn tool after rebuild. Specialist carburettor shops with experience on Mikuni-Solex units are rare, most 2000GT owners ship carburettors to dedicated specialists. Cost: $3,000-8,000 AUD for a full rebuild of all three units, depending on condition and parts availability.
Timing Chain Stretch
Critical Engine, 3M 2.0L DOHC Inline-6 (Yamaha-Built)
Timing Chain Stretch
CriticalRattling or slapping noise from the front of the engine, particularly on cold startup. In advanced cases, the cam timing shifts, reducing power and causing rough running.
The duplex timing chain that drives the twin overhead camshafts stretches over time, even on low-mileage engines, because the chain has been under tension for decades. The chain tensioner may also lose effectiveness as its spring weakens or its piston seal leaks.
Replace the timing chain, tensioner, and chain guides. This requires front cover removal and careful cam timing setup. On a 2000GT, this is a specialist job, the DOHC head requires precise cam timing to avoid valve-to-piston contact. Cost: $3,000-6,000 AUD at a specialist workshop.
Oil System Leaks (Dry Sump)
Critical Engine, 3M 2.0L DOHC Inline-6 (Yamaha-Built)
Oil System Leaks (Dry Sump)
CriticalOil puddles under the car, oil residue on the engine and chassis, dropping oil level in the external oil tank. Potential oil starvation if leaks are severe.
The 3M's dry-sump system uses external oil lines, an external oil tank, and a separate scavenge pump, all with joints, seals, and fittings that deteriorate with age. Cars that sit for extended periods are particularly prone to oil line seal hardening and cracking.
Inspect all oil lines, fittings, and the oil tank for weeping or active leaks. Replace any hardened or cracked lines with correct-specification replacements. The oil tank itself can develop pinhole leaks from internal corrosion if old oil with moisture contamination has been left in it. Cost: $1,000-5,000 AUD depending on the extent of replacement needed.
Valve Clearance Drift
Common Engine, 3M 2.0L DOHC Inline-6 (Yamaha-Built)
Valve Clearance Drift
CommonTicking noise from the valve train at operating temperature, gradual loss of power, uneven cylinder performance.
The shim-over-bucket valve adjustment system requires periodic re-shimming as valve seats and cam lobes wear. This is standard maintenance, but many 2000GTs have been sitting in collections for years or decades without being run, and the valve clearances were last set during a restoration that may have been ten or twenty years ago.
Measure and adjust valve clearances using the correct shim sizes. This requires removing the cam covers and measuring each tappet clearance with feeler gauges, then sourcing the correct replacement shims. Shims are available from specialist suppliers. Cost: $1,000-2,500 AUD at a specialist workshop (labour-intensive).
Radiator Core Degradation
Critical Cooling System
Radiator Core Degradation
CriticalOverheating, coolant loss, visible corrosion on radiator fins, reduced cooling efficiency.
The original aluminium crossflow radiator corrodes internally from age and coolant contamination. Dissimilar metals in the cooling system (aluminium radiator, iron block, brass fittings) create galvanic corrosion if the coolant is not maintained with the correct inhibitor package.
Re-core the original radiator with a new aluminium core (preserving the original tanks if possible for authenticity) or source a reproduction radiator from a specialist supplier. Always flush the entire cooling system and use fresh coolant with the correct aluminium-compatible corrosion inhibitors. Cost: $1,500-4,000 AUD for re-core or reproduction.
Water Pump Seal Failure
Critical Cooling System
Water Pump Seal Failure
CriticalCoolant dripping from the water pump weep hole, low coolant level, overheating.
The water pump mechanical seal wears with age and use. On cars that sit for long periods, the seal dries out and loses its sealing surface.
Rebuild or replace the water pump. NOS pumps are virtually unobtainable; rebuilding with new seals and bearings is the standard approach. Cost: $800-2,000 AUD.
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Common questions.
What is the Toyota 2000GT?
The Toyota 2000GT is a two-seat grand touring coupe produced from 1967 to 1970 in a collaboration between Toyota and Yamaha Motor Company. Only 351 units were built, making it one of the rarest and most valuable Japanese cars ever produced.
How many Toyota 2000GTs were made?
351 units, produced between 1967 and 1970 at Yamaha's Iwata factory in Japan. Every car was largely hand-assembled, which is why the production numbers are so low, this was never intended as a mass-production vehicle.
How much is a Toyota 2000GT worth?
In 2026, values range from approximately $500,000 AUD for a restoration project to over $2,000,000 AUD for a concours-quality, matching-numbers example with exceptional provenance. The most desirable examples, early production cars with continuous ownership history and original documentation, can exceed $2,500,000 AUD.
Who built the engine?
Yamaha Motor Company designed and built the 3M engine. They took Toyota's existing 2M pushrod inline-six block and designed a completely new aluminium cylinder head with twin overhead camshafts, hemispherical combustion chambers, and shim-over-bucket valve adjustment.
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