The interior is roomy and comfortable for a two-seat roadster. The seats are not supportive in the back, however. Controls fall readily to hand and provide positive feedback. The three-spoke leather-wrapped steering wheel has perforations in the areas most likely to be used, and the leather-wrapped shift knob feels similarly luxurious. The white-faced instruments appear to be lifted from the Celica and set the MR2 apart from most of its competitors. The gauges are reminiscent of those in the Mercedes SLK, down to the use of large dots to shade the redline zone.
The pedals have a brushed metal look, peppered with black rubber nubs for grip. They are comfortable pedals and Toyota provides a dead pedal for the left foot. We found heel-and-toe downshifting a bit more difficult than on its competitors. (Heel-and-toe is a bit of a misnomer; you actually use the ball of your right foot on the brake pedal, while blipping the throttle with the side of the foot.)
The black upholstery matches all of the paint schemes well and looks nice. One exception: The yellow interior leans toward the red end of the spectrum, while the yellow paint reflects with the high frequency of the blue end. Result: The yellow inside clashes with the yellow outside, but works with some of the other colors.
Toyota includes a CD/cassette stereo as standard equipment. The system produced good sound, though it probably won't deceive anyone into thinking it is a custom stereo. Like most convertibles, the sound tends to stay down in the footwell area. The MR2 uses a traditional metal mast for an antenna, rather than a more durable rubber antenna or an antenna embedded in the windshield, but it seemed to get good reception.
The owners manual is required reading before putting the top down.
The MR2 Spyder employs the same engine used in the Toyota Corolla and Celica GT. The engine is rated at 138 horsepower, which should, on paper, move the 2,200-pound car briskly. But the engine's performance doesn't quite live up to the car's appearance. While some small-displacement engines scream encouragement to rev them past redline, the sound of the MR2 Spyder's engine doesn't encourage high-revving. Toyota's VVT-i engine uses variable valve timing, but it doesn't generate a big surge of power when it switches to the high-power cam profile. And it doesn't feel as quick as a Miata. Still, Toyota claims a 0- to 60-mph time of just under 7 seconds.
The five-speed shifter is good. It falls just short of the outstanding shifters in the Miata, Honda S2000 and BMW Z3, which are all front-engine cars. Routing the shift cables around the MR2's mid-placed engine apparently creates just enough drag that the shifter lacks the positive click-click feedback of sliding in and out of gears. Instead, there is a continuous light drag that masks much of the feedback from the gearbox. It is still, however, better than the Boxster's shifter.
Toyota decided the reason its second-generation MR2 was less popular than the first was that it was more expensive and heavier as a result of using Celica components instead of Corolla components as a foundation. So the MR2 Spyder is based on prosaic Corolla, employing such pieces as MacPherson strut suspension front and rear. This is more than adequate for typical street driving, but hard driving over uneven surfaces tends to expose the limitations of struts. (Even the much more expensive Boxster, which also uses struts, has problems under such conditions as well.)
The MR2 Spyder enjoys a smooth, comfortable ride, courtesy of its long wheelbase and moderate spring rates. The steering is light, nicely balanced and provides good information about the road. The mid-engine design gives the car excellent balance that will give showroom stock racers an edge over the front-engine Miata, but the MacPherson strut suspension may offset that benefit.
The brakes are light and sensitive and feel easy to modulate. Only track testing will reveal how they respond when pushed hard, but they are more than sufficient for sporty street driving.
A problem in the passenger's seat is the blast of air that shoots between the outside mirror and the windshield pillar when driving al fresco. It doesn't have the problem on the driver's side for some reason. You could drive with the window up, but that seems self-defeating.
The Spyder is one of Toyota's several models (Celica. Tacoma S-Runner and Echo are a few others) that seek to rebuild the company's image with young customers. Toyota has been sort of the unofficial car company of the baby boom generation, but that means the average age of Toyota buyers has gotten higher than the company would like. Toyota has created a separate multimedia web site (www.isthistoyota.com) to promote these cars to younger buyers who have been gravitating to Honda.
The Toyota MR2 Spyder's one unassailable advantage over the Mazda Miata is its newness. MR2 buyers will not see another car like theirs on every street corner (since only 5,000 per year will be sold), as it can seem with the Miata on a warm summer evening.
The beauty of Toyota's strategy with the MR2 Spyder is apparent in its model lineup: one car, few options, starting at $23,595. Toyota calls this "mono-spec," which is perhaps a suspect word. Regardless, this single-model, limited-option strategy makes the MR2 less costly to build and distribute. Customers need only choose colors and whether they want leather interior (a new-for-2001 option). Dealers offer wheel locks and an unnecessary cover that can be used when the convertible top is folded.