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One can easily argue that the Toyota Supra MkIV became even more popular because of its appearance in the original Fast and the Furious movie. But, I can help but wonder if the mk2 Mr2 would have curried as much acclaim as its Supra cousin if it were instead the hero vehicle driven by the film’s protagonist. If it were, would the value of mk2 Mr2 see the same velocity as the mkIV Supra. Or perhaps, this idea is flimsy at the least, and I might even be a bit biased to think this way.
Don’t get me wrong, a mk2 Toyota MR2 was a minor car in the film, for a brief shot. And even more, the character Vince was supposed to drive a Toyota MR2. However, with the actor Matt Schulze being over 6 feet tall and the director looking for more optical tuning, Vince instead ended up driving a Nissan Maxima.
Decades later, it’s just something to chew on but doesn’t change the fact that the Toyota Mr2 staged its mark of opulence as a 90s icon.
The story begins in the late 1980s, rumors were quickly spreading that Toyota was designing yet another mid-engine sports car, perhaps to follow in the success of the mk1 mr2. But this time it would be powered by a 3.0L V6 engine that could directly compete with the Ferrari 348. At the same time, the speculation was brewing all while the mk1 mr2 was still in production and even before the mk2 mr2 was officially shown to the public. Later on, this specific rumor was shot down under the pretense that if such a car was designed, it should belong under the Lexus branding.
Who knows what started all these rumors but eventually, the mk2 mr2’s release would come to fruition, once the dust settled. In Japan, this new mr2 was available in quite a few trim levels offering a variety of luxury, creature comforts, and engine options. The G and G-Limited used the naturally aspirated 2.0L 3SGE and the top-tier GT-S and GT variants were powered by the legendary 3SGTE.
As the spiritual successor of the mk1, this new Mr2 stayed true to the proven mid-engine design. But already the mk2 set itself apart with its larger, heavier, and more curvy body.
The additional weight, about 350 to 400 lbs, came at the expense of a more luxurious and spacious cabin, larger engine sizes, a sturdier transaxle, and a more durable suspension setup.
In particular, Formula 1, Indy, and Nascar driver Dan Gurney was also involved with the mk2’s suspension and did a lot of testing and tweaking to help dial it in. The fact that he was very tall for a race car driver, about 6’4″, may or may not have played a role in the surprisingly large interior space of the MR2, as suggested by some rumors.
Despite the weight, this new rounded, streamlined styling was well received, with claims of it looking nearly as exotic as Ferrari's then-new 348. In automotive circles, the design cues were so similar that the MR2 quickly became known as a "baby Ferrari" or "poor man's Ferrari".
Personally, I’ve never agreed with this opinion. At best, maybe some Mr2 body kits might create a Ferrari-esque appearance. Either way, two completely different cars.
In North America, the 2nd generation MR2 was sold from 1991 to 1995, with Canadian sales ending in 1993. In select markets, the mr2 continued to be sold up to 1999.
Now, let’s demystify some common misconceptions about our beloved mk2 Mr2. The 2nd generation MR2 is often referred to by its chassis code, SW20. Now, this can be a bit confusing especially if you live in North America. The actual number stamped on the firewall is SW21 for Non-turbo cars, and SW22 for Turbo cars. To further elaborate, the SW21 was reserved for the non-turbo variants or more specifically the models powered by the 5SFE engine. Though not as punchy and fun as the turbo models, the 5SFE definitely wins praise for its reliability and durable nature. And, the SW22 stamp came on the turbo models or those propelled by the famous 3SGTE engine.
By far, the T-Top options were most common on the mk2, especially in North America. Sunroof and hardtops were also offered, with the hardtops being the most sought after due to their lighter weight and added rigidity. Most mk2 Mr2 owners have experienced the feel and sound of their T-Top cars flexing when straddling steep inclines. Which really gives a good idea of how much of a difference the hardtop makes. And to add insult to injury, most mk2 Mr2 owners have at some point dealt with a leaking t-top. Personally, I’ve been there and debated if it was worth spending money on factory replacement seals or just pulling out a tube of silicone for a patch job. As a result, finding a hardtop model is challenging, and I’m sure the few in existence are calling for some serious money.
Alas, Toyota continues to add insult to injury by offering three very rare special versions of the SW20 Toyota MR2, none of which were available in North America. The chances of stumbling upon any of these on the used market are extremely slim, but we’ll touch on them briefly anyway.