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2001
Toyota MR2

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$23,585
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2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2 2001 Toyota MR2

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Expert 2001 Toyota MR2 review

our expert's take
Our expert's take
By
Full article
our expert's take

This was a good day. Bright spring weather, two lanes of desert blacktop and a tiny, midengine convertible with a raspy exhaust note. A winning combination, any way you cut it. Add to that a good companion with whom to share it all. In this case, my dad, who was in the passenger seat as we took a brisk, top-down cruise alongside the Salt River in a little Toyota MR2 sports car. He was grinning broadly as his white hair rose in the wind, and the desert scenery zipped past. The Toyota MR2 Spyder is designed for one thing and one thing only: to be a kick to drive. Which it is with its fast steering, agile handling and the sound of that little four-banger behind your right ear.

MR2 (also known as Mister Two) is back, reappearing after a hiatus of five years. During that time, it morphed from a hot little wedge into a stylish, accommodating machine that goes straight up against the original retro roadster, Mazda Miata, in price and customer base. The Toyota has sharper handling and a surprisingly roomy interior, considering its small exterior dimensions. This is much appreciated by those of us who feel crammed into a Miata. The MR2 is commodious in comparison.

The styling falls right in line with today’s popular two-seater sports cars: Porsche Boxster, mainly, but also Audi TT, BMW Z3, Mercedes-Benz SLK and Honda S2000. The Toyota undercuts them all in pricing, but there are limitations here. In the hedonistic sports-car world, MR2 is certainly not the fastest nor the most macho toy on the playground.

Mainly, it could use more engine pull, though the 138 horsepower does provide a fair amount of motivation for a car that weighs just over a ton. Too bad the current MR2 does not include a turbo option, as did the previous version. But for the $23,000 price tag, MR2 is a sophisticated little critter with good performance and decent looks, plus Toyota’s reputation for quality.

Just don’t go calling MR2 a poor man’s Boxster, because it really is a different sort of being. Diminutive and playful, it reminds me more of another entry-level Porsche of long ago, the midengine 914.

The Toyota is a bit too cute and cuddly for my middle-age taste with its big, adoring headlight “eyes” and stubby profile. But for the young target market, especially young women, this look should be right on the button.

While the edgy handling and exhaust note make MR2 a blast to drive on back roads, the stiff suspension and loud engine roar make it less pleasurable on the freeway. A taller fifth gear would help tone things down a bit. But the little car also feels skittish on the cement superslab, shuddering over expansion joints and rumbling over rough surfaces. That, and the fact that you feel decidedly like a small bit of prey among the looming trucks and SUVs.

But even if you still were planning a road trip in the MR2, there’s another glaring problem: This car has no luggage spa ce. Engine and suspension take up all the room in back, while running gear and a spare tire use it all up front. Two small compartments behind the seats are about it.

MR2 Spyder comes fully equipped at its base price, including a stereo cassette/CD system, air conditioning, antilock brakes, alloy wheels and performance tires, and a leather-wrapped steering wheel and shift knob. Also included is something several of the big boys don’t include in their convertible tops: a glass rear window with defroster. BMW take note. The only available options are full-leather interior and an automatic transmission with a sequential shift selector in case you want to pretend you’re driving a stick shift.

But what’s the point? Mister Two’s sole purpose in life is to be entertaining, so it’s hard to fathom why anyone would go for one of these with automatic. Where’s the fun in that?

2001 Toyota MR2 review: Our expert's take
By

This was a good day. Bright spring weather, two lanes of desert blacktop and a tiny, midengine convertible with a raspy exhaust note. A winning combination, any way you cut it. Add to that a good companion with whom to share it all. In this case, my dad, who was in the passenger seat as we took a brisk, top-down cruise alongside the Salt River in a little Toyota MR2 sports car. He was grinning broadly as his white hair rose in the wind, and the desert scenery zipped past. The Toyota MR2 Spyder is designed for one thing and one thing only: to be a kick to drive. Which it is with its fast steering, agile handling and the sound of that little four-banger behind your right ear.

MR2 (also known as Mister Two) is back, reappearing after a hiatus of five years. During that time, it morphed from a hot little wedge into a stylish, accommodating machine that goes straight up against the original retro roadster, Mazda Miata, in price and customer base. The Toyota has sharper handling and a surprisingly roomy interior, considering its small exterior dimensions. This is much appreciated by those of us who feel crammed into a Miata. The MR2 is commodious in comparison.

The styling falls right in line with today’s popular two-seater sports cars: Porsche Boxster, mainly, but also Audi TT, BMW Z3, Mercedes-Benz SLK and Honda S2000. The Toyota undercuts them all in pricing, but there are limitations here. In the hedonistic sports-car world, MR2 is certainly not the fastest nor the most macho toy on the playground.

Mainly, it could use more engine pull, though the 138 horsepower does provide a fair amount of motivation for a car that weighs just over a ton. Too bad the current MR2 does not include a turbo option, as did the previous version. But for the $23,000 price tag, MR2 is a sophisticated little critter with good performance and decent looks, plus Toyota’s reputation for quality.

Just don’t go calling MR2 a poor man’s Boxster, because it really is a different sort of being. Diminutive and playful, it reminds me more of another entry-level Porsche of long ago, the midengine 914.

The Toyota is a bit too cute and cuddly for my middle-age taste with its big, adoring headlight “eyes” and stubby profile. But for the young target market, especially young women, this look should be right on the button.

While the edgy handling and exhaust note make MR2 a blast to drive on back roads, the stiff suspension and loud engine roar make it less pleasurable on the freeway. A taller fifth gear would help tone things down a bit. But the little car also feels skittish on the cement superslab, shuddering over expansion joints and rumbling over rough surfaces. That, and the fact that you feel decidedly like a small bit of prey among the looming trucks and SUVs.

But even if you still were planning a road trip in the MR2, there’s another glaring problem: This car has no luggage spa ce. Engine and suspension take up all the room in back, while running gear and a spare tire use it all up front. Two small compartments behind the seats are about it.

MR2 Spyder comes fully equipped at its base price, including a stereo cassette/CD system, air conditioning, antilock brakes, alloy wheels and performance tires, and a leather-wrapped steering wheel and shift knob. Also included is something several of the big boys don’t include in their convertible tops: a glass rear window with defroster. BMW take note. The only available options are full-leather interior and an automatic transmission with a sequential shift selector in case you want to pretend you’re driving a stick shift.

But what’s the point? Mister Two’s sole purpose in life is to be entertaining, so it’s hard to fathom why anyone would go for one of these with automatic. Where’s the fun in that?

Factory warranties

New car program benefits

Basic
3 years / 36,000 miles
Corrosion
5 years
Powertrain
5 years / 60,000 miles

Certified Pre-Owned program benefits

Age / mileage
7 years / less than 85,000 miles
Basic
12 months / 12, 000 miles
Dealer certification
160- or 174-point inspections

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Consumer reviews

4.8 / 5
Based on 14 reviews
Write a review
Comfort 4.2
Interior 4.4
Performance 4.6
Value 4.9
Exterior 4.8
Reliability 4.9

Most recent

  • The forgotten Toyota

    So fun! Avoid early models with big problem on cats. I learned the hard way as my engine was scrap as sold from a Toyota dealer in Northern MI. SHAME on you Serra Toyota! Good news. add 2zz-ge engine and C-60 transmission and this car is a completely different machine! Mr. P
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 4.0
    Performance 4.0
    Value 5.0
    Exterior 4.0
    Reliability 4.0
    6 people out of 6 found this review helpful. Did you?
    Yes No
  • Sexy and Fun to Drive Spyder Convertible

    This car is super fun! Love the styling. Very Comfortable for even taller people. It sits low and hugs the road. A/C is nice with the top down. Wind screen is nice to keep the wind out of the interior. Nice locking space behind the seats. Fits a few groceries. Stereo radio/ CD works well.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    7 people out of 7 found this review helpful. Did you?
    Yes No
  • VERY FUN, RELIABLE, HAPPY HANDLING.

    My MR2 Spyder is the most exhilarating and fun car to drive. Reliable, head turner, classic. Fire Engine Red, I find the rear engine design awesome, and the acceleration and handling amazing.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 4.0
    Performance 5.0
    Value 4.0
    Exterior 5.0
    Reliability 5.0
    2 people out of 2 found this review helpful. Did you?
    Yes No
  • Good car for the weekend

    Great car very fun and reliable. It's a very fun Toyota I enjoyed every day I had it in the past that's why I bought a new one with low miles .
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 4.0
    Performance 5.0
    Value 5.0
    Exterior 4.0
    Reliability 5.0
    0 people out of 0 found this review helpful. Did you?
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  • My entry into the world of the roadster.

    So, I've reached that age, and hairline where all good men decide to buy a roadster. I started my search with the MR2. After having a 4Runner (the mule) for many years, I am convinced that the Toyota reliability is no myth. However, I was tempted to go the Boxster, Z3, Z4 path. After having a Z4 fall off of the market before I could get out to see it, I began looking back at that MR2 that started my search. I called the owner, and arranged the test drive. Then I bought it on sight. Sure there are more powerful roadsters, but it isn't about that. It is about fun. This is one fun little car. It is remarkably comfortable as well. I'm not sure how, but the seats are road trip worthy, and leg room is ample. You don't feel confined. I will say that there is no dignified way of getting into or out of the vehicle. Then again, as a middle aged, bald, white guy - dignity isn't my first concern. Anyway, if you have the opportunity to buy one of these, you really should. It is just a fun piece of solid engineering.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 4.0
    Performance 4.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    5 people out of 5 found this review helpful. Did you?
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  • Excellent Driver's Car

    I bought a 2002 (with good pre-cats) with 19K miles last week. I LOVE THIS CAR!! I have owned several driver's cars (99 Miata 10AE supercharged, 94 Supra Twin Turbo, C6 Vette convertible all either new or less than 2 years old) yet this 10 year old underpowered, bug-eyed car with no trunk and only 5 speeds makes me happiest while driving. The driving skill that it takes to get the most out of the Corolla-based engine while carving corners is a pleasure for me. Now I can experience the agility of a light mid-engined car for less that $13K. I want the new 2013 Boxster but will happily wait for a used one in the next couple years now that I have the Spyder. My daily driver is a Lexus LS600HL which is the other end of the spectrum and I love them both!!
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 4.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    2 people out of 2 found this review helpful. Did you?
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  • just what I wanted

    Easy on the eyes, pure joy to drive, stops and turns in apparent defiance of the laws of physics. Not suprised that it goes fast well, but that it goes slow so well, it can be in fifth gear at 1500 rpm and will pull to the redline, no shifting, with no complaints. Worst milage 31, best so far 40mpg. Top goes up and down so fast and easy its almost automatic. Only one addition I would make and that is a 6th gear for interstate crusing, put the rpms at say 26-2700 at 70 mph unstead of 3500. Plan to keep this a long time.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 4.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    3 people out of 3 found this review helpful. Did you?
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  • Great Car for the Money!

    I've owned my car for 6 years. It was purchased solely as a toy and has been an extreme pleasure to own. After reading numerous professional evaluations of the car, the only consistant knock was that Toyota made it just a little faster than the Miata. It was a pleasure to drive in its stock form, but after a date with a professional tuning outfit, mine is just amazing. Fast and handles better than anything I have ever driven, Porche included. It handles curves like it is super-glued to the road and it literally breaks on a dime. For a small car, it is amazingly comfortable once positioned in your seat, but if you are a little larger, it helps to be moderately flexible while entering and exiting the car. This is not a utility vehicle, there is little space for anything but the enjoyment of the driving experience. Affordable to both drive and maintain it is fairly unique in this regard. The stock version is exciting, with a little tuning of the 1ZZ motor, this vehicle outperforms cars that cost 3 or 4 times as much. Highly recommended!
    • Purchased a Used car
    • Does recommend this car
    Comfort 4.0
    Interior 4.0
    Performance 3.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    2 people out of 2 found this review helpful. Did you?
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  • the wow factor

    Best bang for your buck. This is a very stylish, powerful and affordable vehicle which offers performance at a low cost. I love this vehicle. Test drive the car to see if it fits your needs, then buy it.
    • Purchased a Used car
    • Used for Commuting
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    0 people out of 0 found this review helpful. Did you?
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  • My Dream Car

    I LOVE my red 2001 MR2 Spyder. I have no regrets. Yes, there is very little storage and it's not a family car or suv. There are blind spots with the top up (who would put the top up?). You feel every twist in the road - almost as fun as riding a motorcycle - it's AWESOME! You can stick a surfboard in the passenger seat with the top down, beach chair behind the very comfortable racing seat and life is so good. I'll trade a trunk for that ride anyday. The suspension takes a beating and needs to be maintained with good tires for that perfect handling. I have almost 160k and not one bit of trouble - most dependable car I've ever owned, cutest and most fun to drive. I live at the beach and the top & interior is in perfect condition cuz I garage it at night. My 72 year old mother has a 1985 MR2 with over 250,000 miles on it. Someone offered her a newer, more standard car - but she declined because she LOVES her MR2. Her's has always been in the family, but I bought mine used from a dealer. I would buy another used one if my mechanic checked it out and it was well maintained.
    • Purchased a Used car
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    3 people out of 3 found this review helpful. Did you?
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  • Most Unique driving experience short of a porsche

    S I've owned my MR-S for 3 years now, Picked it up bone stock in 07 with 19k Y miles. It was love at first ride, I Dumped a MKIV GTI a tune for this and E haven't looked back. There isn't a car R on the road under 35k I would rather C own. I have since ripped out the H carpet and sound deadening, changed the A suspension, driver seat, engine, and T added an SCCA spec rollbar. This car handles like a Go Kart with about as much storage and I wouldn't have it any other way. One of the best parts of this car is the tight knit owners community which provides ton of advice and parts for the Spyder, i've met more people whose company i enjoy through Spyder meets than I have at any other automotive gatherings.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 3.0
    Interior 4.0
    Performance 4.0
    Value 5.0
    Exterior 5.0
    Reliability 4.0
    1 person out of 1 found this review helpful. Did you?
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  • God I love this car!!!!

    I have driven over 40,000 miles in 2 1/2 years and loved every single one of them. I autocross this car and it is so much fun and extreemly quick on turns, down the road I'm gonna strip it down and use it as a strict racing machine. I would not recommend this car to a teenager because an inexperienced driver will not handle it correctly during bad weather. The moment the car losses control it is gone and not comming back until completly stopped. I find the car very reliable and easy to work on. There are some minor things that need attention but not a real hassle. Once a year I need to bleed the radiator of bubbles, because of a design flaw, which takes about the same effort as changing the oil. Pay very close attention to tire wear and tire balance. When the tires become worn down and unbalanced the steering wheel will shake when driving on highways. Overall this is the best car I have ever owned and I will never sell it, I plan to use it for racing until it falls apart from rust, then rebuild it completely and continue driving it.
    • Purchased a Used car
    • Used for Having fun
    • Does recommend this car
    Comfort 5.0
    Interior 5.0
    Performance 5.0
    Value 5.0
    Exterior 5.0
    Reliability 5.0
    3 people out of 3 found this review helpful. Did you?
    Yes No

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FAQ

What trim levels are available for the 2001 Toyota MR2?

The 2001 Toyota MR2 is available in 1 trim level:

  • (1 style)

What is the MPG of the 2001 Toyota MR2?

The 2001 Toyota MR2 offers up to 25 MPG in city driving and 30 MPG on the highway. These figures are based on EPA mileage ratings and are for comparison purposes only. The actual mileage will vary depending on vehicle options, trim level, driving conditions, driving habits, vehicle maintenance, and other factors.

What are some similar vehicles and competitors of the 2001 Toyota MR2?

The 2001 Toyota MR2 compares to and/or competes against the following vehicles:

Is the 2001 Toyota MR2 reliable?

The 2001 Toyota MR2 has an average reliability rating of 4.9 out of 5 according to cars.com consumers. Find real-world reliability insights within consumer reviews from 2001 Toyota MR2 owners.

Is the 2001 Toyota MR2 a good Convertible?

Below are the cars.com consumers ratings for the 2001 Toyota MR2. 100.0% of drivers recommend this vehicle.

4.8 / 5
Based on 14 reviews
  • Comfort: 4.2
  • Interior: 4.4
  • Performance: 4.6
  • Value: 4.9
  • Exterior: 4.8
  • Reliability: 4.9
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