What I have:
White 1995 Corolla @ 132,000 miles...blah
What I want:
2004 Lotus...150lb aluminum chassis...Elise
What I am now going to have to wait until the end of August to have:
2002 MR2 Spyder. Basically the Toyota Elise. I'll give up a couple hundred pounds to the Lotus at stock, and 52hp at the flywheel. But I'll strip it light, drop the same engine in as the Lotus, or try for the freakish Spyder/300hp 3S-GTE mating.
Currently top of the list, although I'm still deciding.
2002 WRX. Can be had for the same price as the Spyder, but I'm a bit worried. Hearing about tranny problems, although it might just be the drag boys. But Subaru is being a dick about it. And unlike the Spyder, I can't fill this on 87 octane. Gotta pay premium prices, which sucks right now.
1992-4 MR2 Turbo. Goes like stink, but is about 700lbs heavier than the Spyder.
1989-ish MR2 Mk1. The original looks like crap IMO, and is ancient, but it's still a bit lighter than the Spyder, and cheaper. And obscene power is just a Celica engine or even a V8 away. Hmm...
I guess I'm in a similar situation as the original poster. I plan on getting a car soon, but can't really make up my mind. The car is gonna be autocrossed and used as a daily driver. Drag speed ain't a big deal to me, but is also an option.
The Spyder tops the list right now, and I probably would have bought it already if it wasn't tied to a piece of shit engine. You can drop in a 2ZZ engine from a Celica GTS, but that's still not a great engine. I'm gonna want 250-300hp with that light frame, and the 2ZZ needs too much work. 3S-GTE would be perfect, but the swap is problematic to say the least. The WRX is next on the list, and it's also fast as stink, but even weight reduction will still leave a heavy car, and this thing sucks premium like a high-class whore. The Mk2 MR2 looks sweet, and has the ultimate engine, 3S-GTE. Can probably easily crank 350-400hp out of it, but the chassis is also 700lbs heavier. So besides the power:weight gains being reduced, it goes against my focus on nimble handling. That's where the Mk1 comes in. I hear you can drop in a V6 or V8 with relative ease, the frame is a bit lighter than the Spyder's, and it's got all the mid-engine fun I'm looking for. But old cars creep me out.
Anyway, the engine in the back seems like a great idea while I have the chance. Like driving a Ferrari or Porsche at a fraction of the cost. Which one do I choose? PEACE.