The 2003 Toyota MR2, also known as the third-generation MR2 (W30), is a compact, rear-wheel-drive, mid-engined sports car produced from 1999 to 2007.
Known for its nimble handling and affordable price point, it offered a pure driving experience. Key trims were essentially a single well-equipped model.
The MR2 stood out for its accessible sports car performance and unique mid-engine layout, making it a popular choice for enthusiasts seeking a fun, budget-friendly roadster.
Known for its nimble handling and affordable price point, it offered a pure driving experience. Key trims were essentially a single well-equipped model.
The MR2 stood out for its accessible sports car performance and unique mid-engine layout, making it a popular choice for enthusiasts seeking a fun, budget-friendly roadster.
The Good
The 2003 Toyota MR2 excels with its exhilarating mid-engine handling, renowned Toyota reliability, and fuel efficiency. Its compact, striking design appeals to the heart, while its relatively low running costs and value proposition satisfy practical buyers. This combination makes it a uniquely engaging and sensible sports car.
The Bad
Potential buyers of the 2003 Toyota MR2 should be aware of its limited cargo space, basic interior, and somewhat modest power.
Additionally, some owners have reported oil consumption issues.
Ensuring a clean maintenance history and inspecting for rust, particularly on earlier models, is crucial.
2003 Toyota MR2: Quick Overview
- Engine Options: The 2003 Toyota MR2 exclusively featured a single engine option in most markets: a 1.8-liter naturally aspirated inline-4 cylinder engine.
- Horsepower: This engine produced approximately 138 horsepower (103 kW) at 6,400 rpm and 125 lb-ft of torque (170 Nm) at 4,400 rpm.
- Fuel Economy: Fuel economy ratings for the 2003 MR2 were quite favorable for a sports car. EPA estimates typically ranged around 25 MPG city and 30 MPG highway, varying slightly with transmission choice.
- 0-60 Times: Acceleration was respectable for its class, with 0-60 mph times generally falling in the 7-8 second range, depending on driver skill and conditions.
- Towing Capacity: The Toyota MR2 is a lightweight sports car and does not have a towing capacity. It is not designed or equipped for towing trailers.
- Trim-Level Features: The 2003 Toyota MR2 was typically offered in a single, well-equipped trim level. Standard features often included:
- Power windows and door locks
- Air conditioning
- Power mirrors
- Anti-lock Braking System (ABS)
- Driver and passenger airbags
- A decent CD player/audio system
- Leather-wrapped steering wheel and shift knob (on some models)
- 15-inch alloy wheels
- Body-colored power-retractable soft top with glass rear window
- Optional features might have included leather seats or a limited-slip differential on some specific market variants.
The focus was on a lightweight, driver-centric experience rather than extensive luxury amenities.
- Power windows and door locks
2003 Toyota MR2 Specifications
Vehicle Information
| Year | 2003 |
| Make | Toyota |
| Model | MR2 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Convertible |
Manufacturing Details
| Made In | - |
| Manufacturing City | - |
Dimensions
| Doors | 2-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 1NZ-FXE+3CM |
| Engine Size | 1.5L |
| Engine Cylinders | 4 |
| Transmission | - |
| Transmission Type | - |
| Transmission Speeds | - |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 2003 Toyota MR2 Have?
The 2003 Toyota MR2, benefiting from Toyota's reputation for reliability, generally fares well. However, some common issues have been reported by owners over time.
One frequently mentioned concern is oil consumption. While not necessarily a sign of impending failure, some engines, particularly those with higher mileage, may consume more oil than expected. Regular oil level checks and prompt topping up are advised.
Another area to watch for, especially on cars that have lived in rust-prone areas, is chassis corrosion. While the MR2 is not as prone to rust as some older RWD vehicles, checking the unibody, suspension mounts, and around the wheel wells is prudent.
Some owners have also reported issues with the power soft top mechanism, though these are often related to lubrication and adjustment rather than outright failure.
While specific recalls for the 2003 model year MR2 are not widespread or particularly alarming, it's always wise to check the National Highway Traffic Safety Administration (NHTSA) website for any outstanding recalls pertinent to the VIN.
Long-term reliability is generally strong, with the powertrain proving robust when maintained. However, like any vehicle, components such as suspension bushings, clutch wear, and catalytic converters will eventually require attention based on mileage and driving conditions.
There are no significant model-year-specific widespread critical flaws that significantly differentiate the 2003 model from its immediate contemporaries within the W30 generation. The focus remains on consistent maintenance, addressing minor oil consumption, and checking for any signs of corrosion.
One frequently mentioned concern is oil consumption. While not necessarily a sign of impending failure, some engines, particularly those with higher mileage, may consume more oil than expected. Regular oil level checks and prompt topping up are advised.
Another area to watch for, especially on cars that have lived in rust-prone areas, is chassis corrosion. While the MR2 is not as prone to rust as some older RWD vehicles, checking the unibody, suspension mounts, and around the wheel wells is prudent.
Some owners have also reported issues with the power soft top mechanism, though these are often related to lubrication and adjustment rather than outright failure.
While specific recalls for the 2003 model year MR2 are not widespread or particularly alarming, it's always wise to check the National Highway Traffic Safety Administration (NHTSA) website for any outstanding recalls pertinent to the VIN.
Long-term reliability is generally strong, with the powertrain proving robust when maintained. However, like any vehicle, components such as suspension bushings, clutch wear, and catalytic converters will eventually require attention based on mileage and driving conditions.
There are no significant model-year-specific widespread critical flaws that significantly differentiate the 2003 model from its immediate contemporaries within the W30 generation. The focus remains on consistent maintenance, addressing minor oil consumption, and checking for any signs of corrosion.
How long will the 2003 Toyota MR2 last?
Based on owner data and typical maintenance habits, a 2003 Toyota MR2 can reasonably be expected to last for 200,000 to 250,000 miles or more.
The long-term durability of the MR2 is a testament to Toyota's engineering and the inherent simplicity of its powertrain. With regular oil changes, timely replacement of wear items like belts and brakes, and addressing any minor oil consumption, these cars can serve as reliable daily drivers or weekend toys for many years.
The main weaknesses that manifest over time are typically related to age and mileage: suspension components can wear, rubber bushings may degrade, and the clutch will eventually need replacement. However, the core mechanicals – the engine and transmission – are known for their resilience and longevity when properly cared for.
The long-term durability of the MR2 is a testament to Toyota's engineering and the inherent simplicity of its powertrain. With regular oil changes, timely replacement of wear items like belts and brakes, and addressing any minor oil consumption, these cars can serve as reliable daily drivers or weekend toys for many years.
The main weaknesses that manifest over time are typically related to age and mileage: suspension components can wear, rubber bushings may degrade, and the clutch will eventually need replacement. However, the core mechanicals – the engine and transmission – are known for their resilience and longevity when properly cared for.
What Technology & Safety Features are Included?
The 2003 Toyota MR2, being a sports car from its era, prioritized driving dynamics over advanced technology.
Built-in Tech and Entertainment: Standard features typically included an AM/FM/CD player with a modest number of speakers. Connectivity was basic, focusing on functionality rather than modern interfaces. Steering wheel-mounted audio controls were not common for this model year. Climate control was manual air conditioning.
Driver-Assistance Features: The primary driver-assistance feature available was the Anti-lock Braking System (ABS), which was standard on most models. Electronic Stability Control (ESC) or traction control systems were not offered.
Safety Features: Standard safety equipment included driver and front passenger airbags. Seatbelt pretensioners were also standard. The mid-engine layout inherently offers some safety benefits in terms of crumple zones.
Optional Features: Optional features were relatively limited. Some models may have offered leather seat trim or a limited-slip differential for enhanced performance. The power-retractable soft top with a glass rear window was a defining feature for many MR2s.
Crash-Test Ratings: Specific crash-test ratings for the 2003 Toyota MR2 from organizations like the NHTSA or the Insurance Institute for Highway Safety (IIHS) can be difficult to find for this specific model year, as testing protocols and reporting have evolved significantly. However, based on its construction and standard safety features for its time, it was considered reasonably safe for a small, lightweight sports car.
In summary, the technology in the 2003 MR2 is straightforward and functional, focusing on the essential driving experience rather than cutting-edge infotainment or driver aids. Safety features were standard for the time, with ABS and airbags being the key highlights.
Built-in Tech and Entertainment: Standard features typically included an AM/FM/CD player with a modest number of speakers. Connectivity was basic, focusing on functionality rather than modern interfaces. Steering wheel-mounted audio controls were not common for this model year. Climate control was manual air conditioning.
Driver-Assistance Features: The primary driver-assistance feature available was the Anti-lock Braking System (ABS), which was standard on most models. Electronic Stability Control (ESC) or traction control systems were not offered.
Safety Features: Standard safety equipment included driver and front passenger airbags. Seatbelt pretensioners were also standard. The mid-engine layout inherently offers some safety benefits in terms of crumple zones.
Optional Features: Optional features were relatively limited. Some models may have offered leather seat trim or a limited-slip differential for enhanced performance. The power-retractable soft top with a glass rear window was a defining feature for many MR2s.
Crash-Test Ratings: Specific crash-test ratings for the 2003 Toyota MR2 from organizations like the NHTSA or the Insurance Institute for Highway Safety (IIHS) can be difficult to find for this specific model year, as testing protocols and reporting have evolved significantly. However, based on its construction and standard safety features for its time, it was considered reasonably safe for a small, lightweight sports car.
In summary, the technology in the 2003 MR2 is straightforward and functional, focusing on the essential driving experience rather than cutting-edge infotainment or driver aids. Safety features were standard for the time, with ABS and airbags being the key highlights.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2003 Toyota MR2 Prices and Market Value
When new, the 2003 Toyota MR2 had an original MSRP that typically ranged from around $22,000 to $25,000, depending on optional equipment and market.
Currently, the used market prices for a 2003 Toyota MR2 vary significantly based on mileage, condition, maintenance history, and location. Expect to find examples ranging from $4,000 for high-mileage or cosmetically challenged cars to $10,000 or more for pristine, low-mileage examples.
The MR2 has experienced a moderate level of depreciation, typical for sports cars. Its resale value is influenced by its reputation for reliability, fun driving dynamics, and the growing appreciation for unique sports cars. Well-maintained examples with documented service history and in desirable colors tend to hold their value better than neglected ones. Modifications can either enhance or detract from resale value depending on their nature and quality.
Currently, the used market prices for a 2003 Toyota MR2 vary significantly based on mileage, condition, maintenance history, and location. Expect to find examples ranging from $4,000 for high-mileage or cosmetically challenged cars to $10,000 or more for pristine, low-mileage examples.
The MR2 has experienced a moderate level of depreciation, typical for sports cars. Its resale value is influenced by its reputation for reliability, fun driving dynamics, and the growing appreciation for unique sports cars. Well-maintained examples with documented service history and in desirable colors tend to hold their value better than neglected ones. Modifications can either enhance or detract from resale value depending on their nature and quality.
2003 Toyota MR2 Cost of Ownership
The 2003 Toyota MR2 is generally an economical vehicle to own.
Insurance: Insurance costs can be moderate, often comparable to other sporty coupes, but rates will vary based on driver profile and location.
Fuel: Its 1.8L engine delivers good fuel economy (around 25 city/30 highway MPG), making it relatively inexpensive to fuel.
Maintenance & Repairs: Maintenance is affordable, with parts readily available and Toyota's reliability keeping major repairs infrequent when properly maintained. Routine services like oil changes and brake replacements are standard.
Overall, the MR2 offers a cost-effective entry into sports car ownership, with its primary expenses being fuel and routine maintenance, rather than exorbitant repair bills.
Insurance: Insurance costs can be moderate, often comparable to other sporty coupes, but rates will vary based on driver profile and location.
Fuel: Its 1.8L engine delivers good fuel economy (around 25 city/30 highway MPG), making it relatively inexpensive to fuel.
Maintenance & Repairs: Maintenance is affordable, with parts readily available and Toyota's reliability keeping major repairs infrequent when properly maintained. Routine services like oil changes and brake replacements are standard.
Overall, the MR2 offers a cost-effective entry into sports car ownership, with its primary expenses being fuel and routine maintenance, rather than exorbitant repair bills.
2003 Toyota MR2 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
2003 Toyota MR2 Safety Rating
NHTSA
2003 Toyota MR2 Insurance
Insurance for a 2003 Toyota MR2 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2003 Toyota MR2 Compare to Other Sedan?
The 2003 Toyota MR2 competed in a niche segment, primarily against other affordable, lightweight sports cars and sporty coupes. Key rivals included the Honda S2000, Mazda Miata (MX-5), and potentially lower-end models of the Nissan 350Z or Ford Mustang.
Performance: The MR2's mid-engine layout offered superior handling balance and agility compared to front-engine rivals like the Mustang. However, its 138 horsepower was significantly lower than the S2000's ~240 hp or the Mustang's V6 (~190 hp) and V8 options. The Miata, while also lightweight, often had a more engaging manual transmission feel and comparable, if slightly less powerful, engine output for its era.
Features: The MR2 was relatively spartan in terms of technology and luxury features, focusing on the driving experience. Rivals like the Miata offered similar simplicity, while the S2000 leaned more towards a pure sports car experience with less creature comforts. The Mustang typically offered more creature comforts and a more robust optional feature list.
Reliability: Toyota's legendary reliability is a significant advantage for the MR2, often surpassing the perceived reliability of some competitors, though Honda also boasts excellent reliability.
Price: The MR2 generally offered a more accessible entry price point than the more powerful Honda S2000, making it a strong value proposition for its unique mid-engine configuration. It was often priced similarly to or slightly above a comparable Mazda Miata.
Alternatives:
* Mazda Miata (MX-5): A very similar alternative, offering excellent handling, a vast aftermarket, and strong reliability. Often preferred for its manual transmission feel and convertible top.
* Honda S2000: If budget allows and more potent performance is desired, the S2000 is a superior choice in terms of raw power and handling, though at a significantly higher price point and potentially higher maintenance costs.
* Porsche Boxster (older models): For those seeking a premium mid-engine experience, older Boxsters might be found at similar used prices, but with significantly higher maintenance and repair costs.
The MR2 strikes a great balance of handling, reliability, and affordability, making it a unique and compelling choice. If more power is a priority, the S2000 is better. If a more traditional roadster feel is desired, the Miata is a strong contender. The MR2 remains a standout for its mid-engine charm.
Performance: The MR2's mid-engine layout offered superior handling balance and agility compared to front-engine rivals like the Mustang. However, its 138 horsepower was significantly lower than the S2000's ~240 hp or the Mustang's V6 (~190 hp) and V8 options. The Miata, while also lightweight, often had a more engaging manual transmission feel and comparable, if slightly less powerful, engine output for its era.
Features: The MR2 was relatively spartan in terms of technology and luxury features, focusing on the driving experience. Rivals like the Miata offered similar simplicity, while the S2000 leaned more towards a pure sports car experience with less creature comforts. The Mustang typically offered more creature comforts and a more robust optional feature list.
Reliability: Toyota's legendary reliability is a significant advantage for the MR2, often surpassing the perceived reliability of some competitors, though Honda also boasts excellent reliability.
Price: The MR2 generally offered a more accessible entry price point than the more powerful Honda S2000, making it a strong value proposition for its unique mid-engine configuration. It was often priced similarly to or slightly above a comparable Mazda Miata.
Alternatives:
* Mazda Miata (MX-5): A very similar alternative, offering excellent handling, a vast aftermarket, and strong reliability. Often preferred for its manual transmission feel and convertible top.
* Honda S2000: If budget allows and more potent performance is desired, the S2000 is a superior choice in terms of raw power and handling, though at a significantly higher price point and potentially higher maintenance costs.
* Porsche Boxster (older models): For those seeking a premium mid-engine experience, older Boxsters might be found at similar used prices, but with significantly higher maintenance and repair costs.
The MR2 strikes a great balance of handling, reliability, and affordability, making it a unique and compelling choice. If more power is a priority, the S2000 is better. If a more traditional roadster feel is desired, the Miata is a strong contender. The MR2 remains a standout for its mid-engine charm.
Final Verdict: Is the 2003 Toyota MR2 a Good Sedan?
The 2003 Toyota MR2 is ideal for driving enthusiasts seeking an affordable, agile, and reliable sports car experience with the unique appeal of a mid-engine layout. It's perfect for those who prioritize handling dynamics and driver engagement over brute horsepower or extensive luxury features.
It is definitely worth buying, especially on the used market, provided it has been well-maintained. A used 2003 MR2 offers excellent value, delivering a pure sports car feel without the high costs associated with more exotic machinery.
Conditions for buying should focus on thoroughly inspecting the car for rust (especially on the undercarriage and suspension mounts) and any signs of excessive oil consumption. A manual transmission is generally preferred by enthusiasts for maximum engagement. While specific trims are limited, focusing on a car with a solid maintenance history and in good mechanical condition will ensure a rewarding ownership experience.
It is definitely worth buying, especially on the used market, provided it has been well-maintained. A used 2003 MR2 offers excellent value, delivering a pure sports car feel without the high costs associated with more exotic machinery.
Conditions for buying should focus on thoroughly inspecting the car for rust (especially on the undercarriage and suspension mounts) and any signs of excessive oil consumption. A manual transmission is generally preferred by enthusiasts for maximum engagement. While specific trims are limited, focusing on a car with a solid maintenance history and in good mechanical condition will ensure a rewarding ownership experience.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.