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If Subaru, Mitsubishi and even Ford can do it, are you seriously saying that if Toyota wanted to, they couldn't make a proper mid engine two seater in 30k range?
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Not a one of the cars you mentioned is mid engined. In fact.. Not a one of those cars is a 2 seater either. Which means your in an even smaller market.
Mid engine costs significantly more to produce then rear or front.. front is cheaper then both and why most economy cars are front.
The mkII was actually quite pricey in its time as the article at the front of this post points out. The fiero was frankensteins monster. Neither sold too well.
Theres a reason the elise is over 40k.. It isnt because lotus is price gouging. Just like the mr2 sitting alone in the under 40k mid engine marketplace wasnt because mid engines dont sell.. Its cause their pricier. Dont you think someone else would sell an mr for that price if it was profitable.. at very least to ape of ferraris use of it?>