The appellation MR2 stands for "Midengine, Rear-drive, 2-passenger." The first-generation MR2 was a simple car that was essentially Toyota's version of the X1/9. The second generation was a much more ambitious product with genuinely high performance, but marred by poor handling on its introduction in 1991. The MR2 really had no competitors. The closest was probably the Miata, whose pricing and performance ended where the MR2's began. Market research for the Miata took the first-generation MR2 into account, but the second generation moved into another class.
As of December 27, 1993:
- $22,538 (1994 Toyota MR2)
- $27,588 (1994 Toyota MR2 Turbo)
As of August 26, 1994:
- $23,568 (1995 Toyota MR2)
- $28,668 (1995 Toyota MR2 Turbo)
As of January 26, 1995:
- $24,038 (1995 Toyota MR2)
- $25,828 (1995 Toyota MR2 with T-Bar roof)
- $29,238 (1995 Toyota MR2 Turbo)
The last Toyota MR2s were produced in May 1995.
|Model years||Trim level||Transmission||Cylinders||Engine Size||Drive||MPG||Horsepower|
|1994-1995||Base||5-speed manual||4-cylinder||2.2L||RWD||22 City/29 Highway||135|
|1994-1995||Turbo||5-speed manual||4-cylinder||2.0L||RWD||20 City/27 Highway||200|