The life for MR-2 ended, and for ones who wanted to have a MR-2, but didn't get the chance during the MR-2's life, Toyota will launch a limited edition: the "V Edition" that is going to be limited to only 1000 vehicles. The car will be available only for the Japan market, begining with January 2007.

The limited edition version will feature leather seat and door trim, a three-spoke sports steering wheel, a new instrument panel with metal highlights and a titanium color for the shift-gauge.