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I've owned 4 of these cars, a '92, '95 and two rare '99's (they only made 905 1999 SC400's) - I kept them all in immaculate condition. My current one is a black '99 with only 80k (for sale in the classifieds unfortunately). I've got a bunch of performance and handling mods done to it, and its by far the funnest car I've ever driven. Only thing its missing is a manual transmission (which I'm looking into swapping in if I end up keeping it) which would essentially make it the perfect luxury sports car for me.
IMO I wouldnt even look at pre 98 SC's as the power difference, drivability, and small upgrades around the car make it a night and day difference with older SC's. The upgraded vvt-i and 5spd transmission really bring the car to life. The bolt-on mods I've done to mine serve to do so even further (the Supra LSD = WOW!).
As far as maintenance, what everyone else said is accurate. Keep up with regular maintenance and you shouldn't have any unexpected surprises (as long as you buy a well-kept one). The SC does have its share of small common issues; stupid things such as failing trunk shocks, yellowing headlights, etc. all of which can be easily fixed if you follow the many detailed DIY's on ClubLexus.com.
As far as modding, this will decide whether you buy an SC400 or an SC300. The 400 has decent power out of the box, with a few bolt-on mods (things like BFI, headers, etc) which bring it to life - my 400 has pretty much everything available done to it minus a tune. However if you're planning on highly modding it then I recommend the SC300. The 2JZ obviously has a multitude of mods (turbos, etc) available, if not swapping a 2JZ-GTE or 1JZ-GTE completely (not saying you cant do the swap on a 400). Basically any mod available for the Supra is a direct bolt-on for the SC, as well as stock TT parts (breaks, suspension, LSD, etc etc). The list is endless.
Anyways, if you or anyone has any questions about SC's then feel free to shoot me a PM. I'm quite active on ClubLexus and can steer people in the right direction if they're considering an SC. I dont mind showing you mine if you want to see what the 98+ models have to offer.
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"If everything seems under control, you're just not going fast enough!"
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