The Toyota Altezza RS200 represents one of Japan's most celebrated sports sedans—a vehicle that perfectly balances everyday practicality with genuine performance credentials. As early models from 1998-1999 approach their 25th anniversary in 2023-2024, they become eligible for streamlined importation to the United States and Australia under the 25-year rule exemptions. For enthusiasts seeking the perfect blend of legendary naturally-aspirated performance, distinctive styling, and investment potential, the timing couldn't be better. West Coast Shipping presents this comprehensive guide to navigating the complexities of acquiring, maintaining, and importing this legendary Japanese sports sedan across international borders.
The Altezza nameplate was introduced in October 1998 exclusively for the Japanese domestic market, while international markets received essentially the same car as the first-generation Lexus IS. Distinguished by its sharp styling, driver-focused interior, and high-revving naturally aspirated engines, the Altezza represented Toyota's answer to the BMW 3-Series—a compact rear-wheel-drive sports sedan with genuine performance credentials.
Awarded Japanese Car of the Year upon release in 1998
Featured the legendary "BEAMS" 3S-GE VVT-i engine in RS200 trim
Introduced with distinctive "Altezza lights" that sparked a global aftermarket trend
Offered in sedan and wagon (SportCross) body styles
Recognized for exceptional chassis balance and handling characteristics
Combined luxury appointments with genuine sports car performance
The Altezza was offered in various specifications, with notable distinctions between trim levels:
| Variant | Notable Features | Engine | Value Premium |
|---|---|---|---|
| AS200 | Base model, 6-cylinder | 1G-FE (153hp) | Standard valuation |
| RS200 | Sport model, 4-cylinder BEAMS | 3S-GE (207hp) | +20-30% vs AS200 |
| RS200 Z Edition | Limited edition with additional features | 3S-GE (207hp) | +35-45% |
| Gita (Wagon) | Practical wagon variant | 1G-FE or 3S-GE | +5-10% (rarity) |
The heart of the Altezza RS200 is its celebrated 3S-GE powerplant—specifically the "BEAMS" (Breakthrough Engine with Advanced Mechanism System) version, a 2.0-liter naturally aspirated inline-four engine producing 207 hp at 7,600 rpm and 159 lb-ft of torque at 6,400 rpm.
Displacement: 2.0L (1,998cc)
Engine configuration: Inline-four
Block material: Cast iron
Head material: Aluminum
Compression ratio: 11.5:1
Induction system: Naturally aspirated with individual throttle bodies
Fuel system: Electronic multi-point fuel injection
Valvetrain: DOHC, VVT-i (Variable Valve Timing-intelligent), 4 valves per cylinder
Engine code: 3S-GE (BEAMS Dual VVT-i, gen 5)
Redline: 7,800rpm
The 3S-GE BEAMS engine is renowned for its reliability and performance, but several key areas require vigilant attention:
Variable Valve Timing (VVT-i) System: The VVT-i system can develop issues with age, particularly if oil changes have been neglected. Toyota enthusiast forums note that regular oil changes with quality synthetic oil are essential for VVT system health.
Water Pump and Cooling System: The factory water pump typically lasts 60,000-80,000 miles before requiring replacement. Overheating can be catastrophic for these high-compression engines, so prompt attention to cooling system issues is essential.
Valve Cover Gasket Leaks: Common on high-mileage examples, presenting as oil seepage around the valve cover. This is a relatively straightforward repair but should be addressed promptly to prevent oil contamination of electrical components.
Timing Belt Service: The engine uses a timing belt rather than a chain, requiring replacement every 60,000 miles or 6 years. Neglected timing belt maintenance can lead to catastrophic engine failure.
Individual Throttle Bodies: The complex intake system with individual throttle bodies requires proper synchronization for optimal performance. Specialized equipment and knowledge are required for this adjustment.
Expert Tip: "The BEAMS 3S-GE responds exceptionally well to proper maintenance, with many examples exceeding 200,000 miles without internal repairs. The key to longevity is regular oil changes with high-quality synthetic oil and prompt attention to cooling system issues."
The Altezza RS200 features either a precise 6-speed manual transmission (J160) or a 5-speed automatic, routing power to the rear wheels through a limited-slip differential.
Common Transmission Issues:
Clutch Slave Cylinder Failure: A common issue on manual transmission models, presenting as difficult clutch engagement or a soft pedal. Replacement parts are readily available.
Gearbox Mount Deterioration: Worn mounts cause excessive drivetrain movement and harsh shifting. Upgraded polyurethane mounts provide improved durability.
Differential Bushings: The differential bushings deteriorate with age, causing clunks and vibrations during acceleration and deceleration. JDM vehicle specialists recommend upgrading to polyurethane bushings for improved longevity.
Buyer's Alert: The 6-speed manual transmission significantly enhances the driving experience and commands a premium in the market. Check for smooth engagement across all gears and ensure the clutch engages at the proper point in the pedal travel. A complete clutch replacement typically costs $800-1,200 including labor.
The Altezza features a sophisticated double-wishbone suspension setup at all four corners, providing exceptional handling balance with sufficient comfort for daily driving.
Front: Double-wishbone with coil springs
Rear: Double-wishbone with coil springs
Dampers: Gas-pressurized monotube shock absorbers
Anti-roll bars: Front and rear
When evaluating a potential purchase, pay special attention to these suspension components:
Suspension Bushings: Factory rubber bushings deteriorate after 20+ years, causing excessive play and vague handling. Performance driving enthusiasts suggest polyurethane replacements for improved response and longevity.
Shock Absorbers: Original units commonly leak or lose effectiveness. Many enthusiasts upgrade to adjustable coilovers for improved performance and ride height adjustment.
Control Arms: Check for corrosion or damage to the aluminum control arms, which can develop issues at high mileage or after impacts.
Brake System: The factory braking system is adequate but benefits from upgraded pads and stainless steel brake lines for improved pedal feel and resistance to fade.
Wheel Bearings: Front and rear bearings typically last 80,000-100,000 miles but should be inspected for noise or play during test drives.
Performance Enhancement: "Many owners upgrade to coilover suspension systems from manufacturers like Tein, HKS, or Fortune Auto. These provide adjustable damping and ride height, dramatically improving handling while maintaining reasonable comfort for street use."
The Altezza's bodywork is characterized by clean lines and understated elegance, with several areas requiring careful inspection after 20+ years.
Rust in Wheel Arches: The rear wheel arches can develop corrosion, particularly on cars from regions with harsh winters or coastal areas. According to Japanese import specialists, thorough inspection of these areas is essential before purchase.
Accident Damage: Given the performance nature of these vehicles, many have experienced accidents or been repaired. Check for even panel gaps, consistent paint finish, and signs of structural repairs.
Sunroof Drainage: If equipped, sunroof drain tubes can clog, causing water to enter the cabin. Thorough inspection and regular cleaning prevent expensive interior damage.
Clear Coat Condition: The factory paint clear coat can deteriorate, particularly on models kept outdoors. Quality repaint work is expensive but worthwhile for preservation.
Underbody Protection: Check the underside for damage from aggressive driving over obstacles or improper jacking procedures.
The Altezza's interior is driver-focused with good ergonomics and quality materials that generally age well.
Seat Bolster Wear: Driver's seat bolsters typically show wear, particularly in cloth or Alcantara-upholstered models. Quality reupholstery services can restore the original appearance.
Climate Control Function: The electronic climate control can develop issues with blend door actuators or control unit malfunctions. JDM vehicle specialists note that many of these components are still available through Toyota dealer networks.
Dashboard Condition: Unlike many Japanese cars of this era, the Altezza dashboard is generally resistant to cracking, but can develop a sticky surface texture with age.
Window Regulators: Power window motors and regulators can fail with age, requiring replacement. Parts are readily available through Lexus dealer networks.
Audio System: Many examples have modified audio systems. Original head units in working condition add value for collectors seeking originality.
Interior Preservation Tip: "Invest in quality leather conditioner for models with leather upholstery, and use UV protectant on interior surfaces. The Altezza's interior materials are generally higher quality than many contemporaries, but still benefit from preventative care."
The Altezza RS200 has experienced steady appreciation in recent years, with particularly clean, low-mileage examples commanding premium prices.
2025 Market Valuation by Condition:
| Condition | US Market ($) | Australian Market (AUD) | Japanese Market (¥) | Mileage Benchmark |
|---|---|---|---|---|
| Fair/Project | 12,000 | 15,000 | 1,200,000 | 150,000+ km |
| Good/Driver | 18,000 | 22,000 | 1,800,000 | 100,000-150,000 km |
| Excellent | 25,000 | 30,000 | 2,500,000 | 60,000-100,000 km |
| Concours/Investment | 35,000+ | 42,000+ | 3,500,000+ | Under 60,000 km |
Originality: Unmodified, factory-original examples fetch 15-25% more than modified vehicles
Transmission: 6-speed manual models command 20-30% premiums over automatic models
Color: Certain factory colors like Silver and Absolutely Red command slight premiums
Documentation: Complete service history adds 10-15% to valuation
Special Editions: Z Edition models command 10-15% premiums over standard RS200 models
As early 1998-1999 production Altezza RS200s celebrate their 25th anniversary, they now qualify for simplified importation under the 25-year exemption rule in the United States and Australia.
US Import Process (25-Year Rule):
Documentation Requirements: Original Japanese de-registration certificate (Export Certificate), auction inspection sheet, and purchase documentation
Emissions Exemptions: Vehicles over 25 years old are exempt from EPA emissions standards
Safety Exemptions: Vehicles over 25 years old are exempt from FMVSS safety standards
Customs Entry: Requires proper HS classification and duty payment (typically 2.5% of declared value)
Australian Import Process:
Vehicle Import Approval: Required before the vehicle arrives in Australia
Asbestos Clearance: All imported vehicles require asbestos testing and clearance
Compliance Requirements: Modifications may be required to meet Australian Design Rules
Import Duty and GST: 5% duty plus 10% GST on the combined value of the vehicle and shipping costs
When importing your Altezza across international borders, West Coast Shipping's specialized JDM import services ensure your investment arrives safely with all documentation properly handled. Our enclosed container transport, comprehensive insurance, and expert customs brokerage remove the complexities from international acquisition, allowing you to focus on the joy of ownership. For insights on importing other Japanese classics, visit our guide to top cars to import in 2025.
Owning an Altezza RS200 involves predictable maintenance costs that remain reasonable compared to European sports sedans of similar performance.
Typical Annual Budget (10,000 kilometers/6,000 miles):
| Service Item | Interval | Cost ($) | Notes |
|---|---|---|---|
| Engine Oil Service | 3,000-5,000 miles | 80-120 | Use synthetic 5W-30 or 10W-30 oil |
| Minor Service | Annual | 300-500 | Includes fluids, filters, inspections |
| Major Service | 60,000 miles | 800-1,200 | Includes timing belt, water pump |
| Fuel Consumption | - | Premium fuel at 22-28 MPG | Varies with driving style |
| Insurance (Agreed Value) | Annual | 700-1,200 | Depends on usage, storage, location |
| Parts Fund | - | 800-1,200 | Recommended annual contingency |
Depreciation: Minimal to none for well-maintained examples; many are appreciating 5-10% annually
Storage: Climate-controlled storage recommended at $100-200 monthly for preservation
Specialist Knowledge: JDM-experienced mechanics typically charge $80-120 hourly
Parts Availability: Many parts are shared with the Lexus IS300, improving availability in the US market
The Altezza offers good accessibility for routine maintenance, making it suitable for enthusiast DIY servicing.
Owner-Serviceable Items:
Oil and filter changes
Air filter replacement
Spark plug replacement
Basic fluid checks
Brake pad replacement
Minor suspension adjustments
Professional-Required Services:
Timing belt replacement
Clutch replacement
Engine management diagnostics
Major electrical troubleshooting
Chassis alignment
The Altezza RS200 provides a driving experience increasingly rare in modern vehicles, combining mechanical interaction with genuine driver involvement. The high-revving naturally aspirated engine, precise manual transmission, and balanced chassis create a visceral connection between driver and machine.
Performance Specifications:
0-60 mph: 7.0-7.3 seconds
Top Speed: 143 mph (230 km/h)
Quarter Mile: 15.2 seconds @ 92 mph
Lateral Grip: 0.88-0.91g
Weight Distribution: Near 50/50 front/rear
Unlike modern turbocharged engines with immediate torque, the 3S-GE BEAMS engine delivers its power in a linear, progressive manner that rewards driver skill and encourages exploration of the upper rev range. The rear-wheel-drive chassis offers excellent balance and predictable handling at the limit, making it an ideal platform for developing advanced driving skills. As noted by automotive journalists, the Altezza's combination of reasonable power, balanced chassis, and mechanical feedback makes it an exceptional driver's car.
As one enthusiast explains on import forums, "The RS200 feels like a Japanese E46 BMW with Honda S2000 DNA. The BEAMS engine is glorious above 6,000 rpm, the chassis is perfectly balanced, and the whole package just feels cohesive in a way that modern cars often miss. It's a genuine driver's car that you can use every day."
As the ultimate expression of Toyota's driver-focused sports sedan philosophy, the Altezza RS200 represents a unique proposition in the collector car market. Its newfound eligibility for simplified importation under the 25-year rule makes 2023-2024 the ideal time for US enthusiasts to acquire early production examples of this appreciating Japanese classic.
For buyers seeking the quintessential JDM sports sedan experience wrapped in distinctive styling, the Altezza RS200 delivers engaging performance that transcends mere specifications. While prices have increased steadily in recent years, the Altezza's legendary BEAMS engine, exceptional handling, and continued appreciation curve suggest the market has not yet reached its peak.
When importing your Altezza RS200 across international borders, West Coast Shipping's specialized JDM import services ensure your investment arrives safely with all documentation properly handled. Our enclosed container transport, comprehensive insurance, and expert customs brokerage remove the complexities from international acquisition, allowing you to focus on the joy of ownership. For comparison with another iconic 90s import, visit our Nissan Silvia S15 buying guide.
Essential Purchase Checklist:
✓ Comprehensive pre-purchase inspection by marque specialist
✓ Verification of chassis and engine numbers
✓ Documentation of maintenance history, particularly timing belt service
✓ Compression testing across all cylinders
✓ Thorough inspection for accident damage or repairs
✓ Assessment of import compliance requirements for your jurisdiction
✓ Secure enclosed shipping with specialty insurance coverage
With careful selection and proper maintenance, your Altezza RS200 will continue delivering exceptional driving experiences while appreciating in value—a testament to Toyota's engineering prowess and the enduring appeal of this Japanese performance icon.