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The Toyota MR2 was the car that originally turned the affordable sports car market on its head. Before it was launched in 1984, two seater mid-engined sportsters had been strictly for those on six-figure incomes. Toyota changed all that, enabling the ordinary man to afford something which in terms of specification, if not in looks, was truly exotic.
On the road, the car was a revelation, one of the few that you just couldn't bear to see sitting idle in the driveway. A car which begged to be driven hard. Owning one was one of those rare pleasures in modern day motoring - a real driving experience. Ordinarily, you needed either a pipe dream, a pools win or a fairy godmother bank manager for that. The MR2 was the affordable exception.
Though it's now anything but affordable new with prices starting at just over £18,000 for the third generation mid-engined open top roadster launched early in 2000, many old-shape first and second generation coupe versions are on the used market at realistic prices. As ever with a sports car, you need to buy carefully.
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What you get
A rewarding mid-engined sportster destined to become a classic. The second generation version died prematurely but the latest one is so different you can expect values to remain firm, at least for a while.
The original shape is purposeful but rather dumpy. Second-generation cars are reasonably plentiful and have that little-Ferrari look though some criticised it for putting on bulk and weight. Certainly, for a weekend away, it has more luggage space than its successor, though.
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What to look for
The older 1.6-litre cars needed to be worked hard, so you may find that the doubele-cam, 16-valve engine has been thrashed. All MR2s have a tendency to go straight on in the wet, so check for accident damage. Misfires, clashing gear changes, failed electric windows, blocked exhausts and brake judder are all common ailments.
Be careful of 'grey import' cars: they may offer great value but make sure you know what you're buying. Importers may offer you automatic and turbocharged versions but will you be able to get parts?
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Replacement parts
(approx based on a 1995 MR2 GT) A clutch assembly should be around £150, a rear box for the full exhaust is around £285 (a front pipe is around £150). A starter motor should be close to £185 and a radiator around £255.
Brake pads at the front are about £45 a set. A door mirror is close to £75. Major and minor services are around £115 and £195 respectively.
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On the road
If you're looking at an MR2, you're probably also considering other sports cars like Mazda's MX-5. Bear in mind however, that these will probably not share the MR2's classic mid-engined layout.
That means that the MR2's challenging handling cannot be reproduced in quite the same way. Mind you, the original MR2 was a bit too challenging on occasion. Get it out of shape, particularly in the wet, and unless you were quick in the reflex department, it could slide away from you very quickly. The newer 1990-on version was much improved in this respect.
The flip side of the mid-engined coin on the other hand, is the noise involved. Since the engine has to sit immediately behind the driver's head, you have to get used to the fact that conversation is going to be difficult. This, though exciting on the test drive round the block, this can make the car a tiring companion on long distances
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Overall
If you're searching for the ultimate affordable sports car, then this must be it. Buy carefully and enjoy.
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