What's the difference?
Yep, it’s like deja vu all over again! Yet another fresh name in the Aussie new-car market, but this time in the form of a sub-brand from a carmaker that itself feels like it’s only been around for five minutes (but has in fact been in market here for a decade or more).
We’re testing the MG IM5 Performance, the IM badge standing alone in other markets. There, as here, signifying a new level of equipment, performance and quality.
And we’ve been steering this top-spec, dual-motor AWD version of the pure-electric, five-door liftback IM5, priced and specified to challenge a rapidly expanding group of high-performance mid-size EV sedans now occupying local showrooms.
So, read on to see if this premium electric performer has what it takes to tempt you into a new option from the latest challenger brand to jump into the ever-intensifying, no-holds barred contest for your new-car dollars.
The new, second generation take on the hachi-roku formula adds a serious amount of 'GRRRR' to the mix. This is it - the new-look, more powerful and much angrier Toyota GR86.
It takes the familiar front-engine, rear-wheel-drive sports car formula and mixes in a bit of madness - there’s a more focused chassis setup, redone steering, a firmer ride and of course, a bigger capacity engine. Still no turbo, though.
The question is - does it improve on the original? And can it live up to its new jaw-dropping price?
The MG IM5 Performance is fast, comfortable, quiet and super refined. Putting some minor spec and active safety niggles to one side, it offers the features, tech and price to match it with its well-credentialled and already popular mid-size EV sedan competitors. Is there room for one more? We think there should be.
If you’re expecting a faster, angrier and more focused version of the original 86, you’re going to be happy with this car. If you’re expecting it to be as fun and chuckable as the first one, you might be upset.
It has a different character, this GR86 - certainly with more GRRRR than ever before - and it still represents a strong sports car option for buyers, even if it is a fair bit more expensive this time around. It'd be hard not to recommend the GTS version to anyone considering it.
Note: CarsGuide attended this event as a guest of the manufacturer, with travel and meals provided.
Playing spot the straight line on the outside of the MG IM5 is like an automotive design version of Where’s Wally? There aren’t many, in the midst of an unrelentingly curvaceous exterior treatment.
At close to five metres long and two metres wide the IM5 is appreciably longer (+211mm), a little wider (+27mm) and a bit taller (+33mm) than a Tesla Model 3. Think BMW 5 Series in terms of overall size.
And the soft-form shape is functional; the swoopy liftback boasting an ultra-slick 0.24 drag coefficient.
That said, I’m not convinced by the ‘Periscopic’ cameras informing the driver assistance systems from the front guards. They scream tacked-on afterthought. But a touch-only initial opening function for the flush door handles is cool and makes life easier.
The curves continue inside with soft-padded surfaces around the dash and doors, but the straight edge obviously came out for the 10.5-inch central media screen and vast 26.3-inch upper display. There are next to no buttons; even exterior mirror adjustment is directed from the screen to a multi-function steering wheel control.
System software (powered by a Qualcomm ‘Snapdragon’ chip) is lightning fast with a two-finger up and down swipe shortcut function on the central screen for ventilation and other functions.
The interior is light and bright thanks to the enormous panoramic sunroof. It’s been fine in cooler winter conditions during this test but it could be interesting to revisit in the heat of an Aussie summer
There are two interior colour schemes available - the ‘Highland Grey’ of our test car or ‘Dover Beige’ for those brave enough to live life with the threat of scuff marks on your shiny new car’s glamorous but vulnerably light interior.
The GR badges mean a lot, here. Not just because they signify that this is a proper Gazoo Racing product for Series 2, but also because they help you pick it as the Toyota and not the Subaru BRZ.
They are even more closely aligned in terms of exterior design this time around, and while both are good looking sports coupes, I wish more had been done to differentiate the two.
Sure, if you’re paying attention you’ll see the shape of the intake / grille area is different, and it has a different bumper shape to the BRZ, too - and both of them are bloody good looking cars, if you ask me.
The rear is particularly smart, I reckon - a more sporty and sleek appearance than the last one, and even if the tail-lights are somehow familiar, I think it’s a neat rear end. Can’t wait to see who makes the best looking aftermarket rear spoiler for it.
If you’re curious about the size and dimensions of the new GR86 compared to the old one, Toyota says it measures 4265mm (up 25mm) on a 2575mm wheelbase (up 5mm), sits 1310mm tall (down 10mm), and has the same overall width of 1775mm excluding mirrors.
There have been some big design changes in the cabin, though the overall layout is tremendously similar to the last car. It has similar controls for the air-con, a new touchscreen above, and similar layout to the storage, too.
The interior design is a bit plain, though - the screen is big and colourful, and I’m thankful for that. Because unless you option the GTS with the red carpet, it’s a bit bland in there.
There’s plenty of breathing room up front and in terms of storage one of the first things worth calling out are the long but relatively narrow door bins. No good for anything above unusually slender bottles, even if they’re lying down.
No conventional glove box in the dash, but there is a large lidded box (cooled and heated) between the seats that doubles as a centre armrest. It’s supplemented by a big stowage area underneath the flying buttress style centre console.
There are two cupholders in the centre console as well as a wireless device charging pad in front of them with a vaguely phone-shaped oddments bin alongside it.
Move to the rear and the IM5’s 75mm wheelbase advantage over the Tesla Model 3 is clear. Heaps of knee and headroom for me at 183cm sitting behind the driver’s seat set to my position.
But… the seat sits low which pushes your knees up into the air to the point where my thighs are not contacting the seat cushion. Even though the rear seat reclines to a certain degree it’s a problem compounded by a chronic lack of room for your toes under the front seat. Awkward.
There are map pockets in the front seatbacks, modest bins in the doors and a fold-down centre armrest with two cupholders. Adjustable ventilation in the rear of the front centre console always makes life in the rear seat more pleasant.
The car also houses ‘Strong Magnets’ at various points around the cabin and boot, with a configurable adapter able to lock a phone or tablet into place for the entertainment of, in our case, back seaters.
Speaking of devices for entertainment, there are two USB-C sockets and a 12-volt outlet in the front and another USB-C and 12V in the back, so charging isn’t an issue.
The IM5 is a liftback so the boot aperture is generous and a capacity of 457 litres with the rear seats up is decent for a car of this size, although that’s less than the Tesla Model 3 (594L) which has an additional well under the floor.
Still, enough room for the largest (124L) and smallest (36L) suitcases from the CarsGuide three-piece luggage set with some room to spare.
The power tailgate can be operated hands-free via the key or an always welcome under bumper kick function.
Volume expands to 1290 litres with the rear seats folded and there’s a modest 18-litre ‘frunk’ under the bonnet.
The bad news is a repair-inflator kit rather than a physical spare wheel, but the better news is the IM5 Performance can tow a 1500kg braked trailer (750kg unbraked).
The IM range also features the ‘MG iSmart’ app allowing remote control of various functions including charging, checking vehicle location and route planning.
You’re not buying a sports coupe if you value practicality as a primary purchase consideration, but rest assured, the GR86 has a decent level of usability to the interior.
There are bottle holders in the doors, storage sections in front of the gear selector, and a pair of cup holders with a closing lid that doubles as a centre armrest, if you don’t have drinks. Thing is, the one on the car I drove at launch was pretty hard to open with a single press of the button.
The 8.0-inch multimedia touchscreen is straight from Subaru, with Subaru graphics and fonts still included. That’s not necessarily a bad thing, as the screen is colourful and has easy menus and controls, and thankfully there are still knobs and dials for things like volume and tuning.
It has the requisite Apple CarPlay and Android Auto phone mirroring tech, but I had the system lose connection with my iPhone 13 Pro on the launch. (Note: I have a long-term Subaru WRX Sportswagon that drops the phone connection all the time, so it’s a bit annoying to see this characteristic mirrored on other models.)
Below the screen are the ‘they-look-familiar’ air-con controls, with dials for temp and fan. They’re nice and chunky so you can easily locate them when you’re focusing on driving. I like that.
The newly designed folding seat mechanism is supposed to allow you easier access to the back seats, not that you’ll want to be in there if you’re an adult. Or anyone over, say, 10 years old.
I got in there (for scientific research purposes) and found it was, as you’d expect, not very comfortable for someone my size (182cm / 6’0”). My head was at an awkward angle, I had little leg or toe room even with the seat ahead of me pitched way forward, and there’s not much in terms of rear-seat amenities, either.
But, if you have younger children, there are ISOFIX points and top-tether points for both of the rear seat positions.
Boot space is 237 litres - which isn’t enormous. But the opening is wide enough to easily slide suitcases in, and you can fit four wheels and tyres in with the back seat folded down (according to Toyota - and it folds down in a single piece, there’s no split-fold rear seat).
Oh, and the last one used to be available with a spare - this one isn’t. Just a repair kit.
At $80,990, drive-away, the IM5 Performance sits at the top of a three-grade line-up that starts with a 75kWh RWD Premium model at $60,990, followed by a mid-spec 100kWh RWD Platinum for $69,990, both drive-away.
Its most prominent competitor is arguably the Tesla Model 3 Dual Motor AWD ($80,900), with others including the BYD Seal Performance AWD ($68,798), Hyundai Ioniq 6 AWD Epiq ($86,500) and Polestar 2 Long Range Dual Motor Performance ($80,380).
Worth noting, too, the IM6 range - essentially the same car with a taller SUV body - has the same model walk-up and identical pricing.
Once you’ve crossed the $80K threshold it’s fair to expect a decent basket of standard fruit and aside from the dynamic and safety features we’ll get to shortly, the IM5 Performance comes to the party.
Highlights include a double-glazed panoramic roof, power-adjustable (12-way driver, six-way passenger) heated and ventilated front seats (also heated in the rear), dual-zone climate control, 20-speaker audio (with digital radio), 256 colour ambient lighting, a power tailgate (with hands-free function) and 20-inch alloy rims.
There’s also adaptive cruise control, a heated steering wheel, wireless Android Auto and Apple CarPlay, LED headlights, keyless entry and start, wireless device charging (50W), a 10.5-inch central control screen and a sweeping 26.3-inch upper screen; the right side for instrumentation and car data, the (touch-sensitive) left side for multimedia and other onboard functions.
There’s more and it’s clear this car at least matches or betters its direct competitors for included equipment.
I was there, that fateful day in June 2012 when Toyota Australia announced that the base model 86 manual was going to come in at less than $30,000. My jaw dropped, as did almost everyone else’s in that shed near the track where the launch was being held.
Fair to say my jaw also dropped when the price of the new 2023 Toyota GR86 was announced in the shed near the track (this time it was Phillip Island, not the Sutton Road driver training centre outside Queanbeyan).
That’s because the new model is between 15 and 35 per cent more expensive than the original 86.
The GR86 GT six-speed manual is now $43,240 (MSRP - before on-road costs). The price for the six-speed auto is identical, meaning - depending how you look at it - the manual is a rip-off, or the auto is compellingly priced.
The GR86 GTS model also employs the manual-or-auto-for-the-same-price strategy, listing at $45,390 (MSRP).
You get a few worthwhile items to justify the extra $2150 over the GT, and you can read all about the standard equipment inclusions here.
But it’s fair to say the GR86 might well be angrier in a lot of ways, but customers might be angry about the increase, too. Toyota even admitted that if it had kept the original price in line with inflation, it would have only cost $38,000 for the base GT grade. But it argues there’s a lot more value for buyers in this new model, by way of the drive experience and upsized engine, primarily.
However, there are some startling safety equipment exclusions that you might want to consider. More detail below.
OK, so what about rivals and pricing? Well, you can get the mechanically-identical Subaru BRZ for less. It starts at $40,290 for the manual (and has additional standard safety kit), but you have to pay extra for the auto, which starts from $44,090.
Or you might wish to think about a Mazda MX-5, which has the added cool factor of being a convertible, and starts at $37,990 for the base manual soft-top, or $42,300 for the hard-top.
The MG IM5 Performance is powered by an electric motor on each axle - the rear (372kW/500Nm) more powerful than the front (200kW/300Nm), for overall outputs of 572kW (that’s close to 770hp) and 802Nm of pulling power.
The official term for that amount of grunt is… a lot. And we’ll get to what it means on the road in the Driving section shortly.
It’s a bigger engine - now a 2.4-litre horizontally-opposed ‘boxer’ four-cylinder petrol unit - and that increase of 20 per cent engine capacity has yielded some good horsepower increases, too. And it has a Subaru badge on the engine cover. Because it’s a Subaru engine.
The new model pushes out 174kW of power (at 7000rpm), which is up from a max output of 152kW on the old model.
It’s the torque figure that’s interesting, though. There’s 250Nm at 3700rpm, which isn’t huge. But Toyota claims there’s 240Nm available from 3500-6500rpm, meaning a long flat torque build-up. The old model had 212Nm for the manual.
Now, both the six-speed manual and six-speed automatic transmission have the same power and torque outputs - in the last gen, the auto was held back by 5kW and 7Nm compared with the max-power manual.
Of course, it’s rear-wheel drive, and has a Torsen limited slip differential in the mix.
Toyota says the 0-100km/h time for the manual is 6.3 seconds, which is 1.8sec faster than the last manual. The auto’s 0-100 is claimed at 6.8sec.
Wondering about weight? The new one has four different masses to consider: GT manual - 1287kg; GT automatic - 1308kg; GTS manual - 1291kg; GTS automatic - 1312kg. Toyota says the bulk of the additional circa-44kg increase across the board is down to the larger capacity engine.
The MG IM5 Performance features an 800-volt electrical architecture which means the 100kWh NCM battery can accept a DC peak charge of close to 400kW.
Only snag is the highest you’ll currently find in Australia is 350kW. But even at that rate you’ll still be looking at a 30-80 per cent charge in just over 15 minutes. Maximum AC charge rate is 11kW.
Claimed range is 575km (WLTP) which is less than the Tesla Model 3 Dual Motor AWD at 629km.
Over a week of city, suburban and some freeway running we saw average energy use of 20.6kWh/100km which is on the high side for an EV of this size but maybe not for one with this kind of performance potential.
Official combined cycle fuel consumption is also a matter of spec-by-spec: GT manual - 9.4L/100km; GT automatic - 8.7L/100km; GTS manual - 9.5L/100km; GTS automatic - 8.8L/100km.
On test, the GTS manual I drove on the road loop at the launch was showing 9.8L/100km on the display after a mix of mostly higher-speed country road testing around Phillip Island and surrounds.
The fuel tank capacity is 50 litres, but keep in mind you’ll need to be fueling up with 98RON premium unleaded.
First things first, the IM5 Performance is supercar fast. This 2.3-tonne five-seater blazes from 0-100km/h 3.2 seconds and with its dual motors combining to produce 572kW/802Nm, eye-widening performance always resides underneath your right foot.
But it’s not all about straight line speed. Ride comfort is excellent. Underpinned by an all-new platform, the IM5’s suspension is by double wishbones at the front and multi-links at the rear. But the key to its bump and rut smoothing ability is air suspension and ‘continuous control’ active damping.
Fold in double-glazing on the full-length glass roof and side windows, as well as active noise cancellation and you have a serene interior environment at any speed. Also worth noting the front seats are great; as grippy as they are comfortable.
Not only that, despite its relative heft, this mid-sizer steers well, too. Not the last word in road feel but it points accurately and the standard rear steering helps with prompt (but never jerky) cornering turn-in. Flick to ‘Sport’ mode and the IM5 is up for some enthusiastic running.
The rear wheels can turn up to 12 degrees in the opposite direction to the fronts at slow speed, which makes for a usefully tight 10-metre turning circle. But above that, at lesser angles, it adds extra stability and decisiveness in the way the car steers through even tight, twisty sections.
Rubber is top-shelf Pirelli P Zeros on 20-inch alloys (245/40 fr - 275/35 rr) and it grips hard, especially in the wet weather over much of the test period. Braking is solid, as it needs to be, with ventilated discs all around and four-piston callipers at the front.
No adjustable regen braking but you can feel the ‘Cooperative Regenerative Brake System’ (CRBS) doing its thing when you lift off the accelerator.
The physical rear view is modest thanks to the slope of the back window reducing its functional area for the driver to that of a 1950s VW Beetle. Even the interior rear-view mirror is tiny and folds up into a recess in the headliner if you’d prefer life without it.
But that’s where a rear camera view popping up on the upper screen display (accessed via the right-hand steering wheel click control) comes in handy. Side camera views are also available as is a 360-degree overhead view, which makes parking straightforward.
If you need more parking help there are various self-parking modes including a nifty ‘Curbside’ function that will realign the car hands-free if you’re parallel parked too far out from the kerb.
In a similar vein, a ‘Rainy Night’ mode projects left and right rear views onto the main screen using AI to enhance clarity and highlight pedestrians and cars.
Overall the ADAS (Advanced Driver Assistance Systems) are relatively unobtrusive but we found ourselves switching off the incessant overspeed chime that sounds for 10 seconds if you creep over the indicated speed limit, even when the system has misfired on the correct speed. For example, 40km/h school zones on a Sunday.
The over-zealous driver distraction warning also occasionally issued a visual and audible slap on the wrist when I was looking straight ahead. Tellingly, there’s a specific quick screen for turning both these functions off, but it kinda defeats the purpose of having them in the first place.
We also found the adaptive cruise control to be hesitant in multi-lane environments, reducing speed occasionally because the system seemingly believed a car was set to merge, when it wasn’t.
Have you ever been cutting veggies for dinner and realised you need to sharpen your knife? And then, once you’ve done it, you realise what the knife is really capable of?
That’s kinda the feeling between the last generation of the Toyota 86 and this new Toyota GR86.
I loved the old 86. Still do. Would have one in a heartbeat. But this - as the analogy suggests - is a much sharper tool.
The engine is a big improvement on the old 2.0-litre - it feels considerably more urgent, and it gathers pace without fuss. You can really rely on the torque of the engine more in the new GR86 - that wasn’t so much the case in the last car, which you had to row through the gears more in. Now you can leave it in fourth and allow the engine to do the work, whereas in corners in the old car, you’d probably have elected to downshift to third, maybe second.
The manual transmission is good, for the most part. It’s easy enough to operate, though the shift action can still feel a little bit notchy (first to second, fifth to sixth in particular in the car I drove). The clutch feel was reasonable, but not stall-proof at low speeds.
The sound of the engine is a bit more pleasant now, too. It doesn’t have the nasal overtones of the last one - with a deeper, more enjoyable noise. It’s not the best sounding boxer engine, but it’s not the worst, either.
I only had a short amount of time in the GR86 automatic, and it was on the Phillip Island race track. It has paddles, which I appreciate - but the gearbox will overrule you if you try and downshift and haven’t managed to get the engine revs down. Self preservation at the expense of outright fun? Yeah. A bit. A dual-clutch auto would be an interesting development in this car - but it’s not going to happen.
Drivers who live in areas where there are lots of potholes and bumpy sections of road - so, most of Australia, then - might feel the now-stiffer chassis is a bit too rigid at times.
It feels much more like a sports car than a sporty car, with Gazoo Racing having honed the suspension to the tastes of Toyota president and master driver, Akio Toyoda. I’ve been to Japan. I know the roads there are a heck of a lot more agreeable than here.
Look, it mightn’t be a deal-breaker for the enthusiast, but the curious customer might find the ride a bit hard.
The trade-off, of course, is terrific handling. It tucks into corners nicely, and with the reworked suspension (Macpherson front, multi-link rear), there’s less of that playful “please keep pushing me so we can have some slidey oversteer” character to it. It will drift, no doubt. But in the last 86, it didn’t take much effort to make that happen.
The steering is excellent, with terrific accuracy and weight, and decent feel through the wheel, too. You don’t feel every single thing at the front axle, but you do have a better gauge of it than you might have in the last GT grade, which famously ran those Prius tyres that were part of the reason sliding it around was a lot easier, too. The rubber on the new GR86 is far better - the GT runs Michelin Primacy HP (215/45/17), and the GTS has Michelin Pilot Sport 4 (215/40/18).
Look, it's still a lot of fun. But it’s fun in a different way. I actually prefer the last one in terms of the drive experience - even though this one is technically more impressive in all the important ways.
No independent ANCAP safety assessment at this point but there’s a full suite of active safety tech onboard including AEB, lane departure warning, blind spot detection, rear cross-traffic alert & braking, forward collision warning, lane-change assist, tyre pressure monitoring and heaps more. And we touch on how it all operates in the Driving section above.
There are no less than nine HD cameras, 12 ultrasonic sensors and three millimetre-wave radars on duty.
If a crash is unavoidable there are seven airbags including full-length side curtains and a front centre bag. Multi-collision brake also minimises the chances of subsequent impacts after an initial crash. There are also three top tether points and three ISOFIX child seats anchors across the second row.
All right on the pace for this part of the market and the IM5’s competitive set.
If you buy the manual version of the Toyota GR86, you’re getting a car that isn't as safe as the auto. It’s that simple.
That’s because the manual models miss out on now-expected (and, frankly, embarrassingly absent) potentially life-saving safety features like forward autonomous emergency braking (AEB) or lane keeping assistance.
You get AEB in the auto, as well as a form of rear AEB (parking support brake) with rear parking sensors, and adaptive cruise control, as well as lane departure warning.
Another kicker? You have to choose the GTS if you want blind-spot monitoring and rear cross-traffic alert, which is on both manual and automatic models.
The BRZ gets that rear-facing safety gear on all versions. Advantage Subaru, I guess.
There’s no ANCAP crash test safety rating for the new GR86.
The MG IM5 Performance is covered by a seven-year/unlimited km warranty, which is a plus, but the catch is it’s conditional on authorised dealer servicing. Go elsewhere and the term drops to a more common five years/unlimited km. The drive battery is covered for eight years/160,000km, which is the norm in the Aussie market
Servicing is required every 12 months or 20,000km with charges averaging $586 per workshop visit for the first five years, which is on the high side for an EV, even at this price point, the average bumped up by a more than $1400 doozy at year four.
MG IM models are sold (with service available) through all of MG’s 100-plus dealerships across the country, so no concerns there.
Toyota’s five-year/unlimited kilometre warranty runs to the GR86, too. And if you maintain your car with the brand, that extends out to seven years for the powertrain.
The brand offers a capped-price servicing plan for five years/75,000km - meaning servicing intervals of 12 months/15,000km.
Is it fairly priced when it comes to maintenance costs? Well, at $280 per visit for the first five services, it represents an annual saving of about $215 over the equivalent Subie. So that’s a nice way to recoup a bit of the cost.
There’s no included roadside assist, which you do get if you buy a BRZ.