The base 86 GT model has cloth seats, manually controlled air conditioning, cruise control, seven airbags, five-stage Electronic Stability Control and traction control and 16-inch alloy wheels. Tilt and telescopic steering wheel adjustment is also standard, along with Bluetooth phone connectivity, voice recognition, CD sound system with AUX and USB input, information display, a folding rear seat back, electric folding wing mirrors, a full size steel spare wheel and a rear fog light.
Stumping up the extra cash for the GTS adds leather-accented front seats with alcantara, dual-zone climate control air conditioning, a six-inch information display screen with satellite navigation, aluminium-look pedal covers, LED daytime running lights, auto-levelling HID headlights and 17-inch alloy wheels.
It also includes smart entry and start, front foglights, carbonfibre-look trim sections for the interior, a frame-less rear-view mirror, a digital speedo, full-size alloy spare wheel and paddle shift buttons on the steering wheel for the automatic version.
The manual GT, manual GTS and automatic GTS get a limited slip differential, but the automatic GT misses out.
Both cars have the same engine and transmission combination. The GT and GTS also have front ventilated disc brakes, but the discs are different sizes: the GT has 277mm diameter fronts and 286mm rears, while the GTS has 294mm diameter fronts and 290mm rears.
Toyota has also revealed the 86 is covered by the Toyota capped-price servicing plan, which means the first four scheduled services will cost $170. The company says it was determined to make the 86 as affordable as it could.
The pricing of the 86 means it dramatically undercuts every possible logical rival. It is significantly cheaper than Volkswagen’s Golf GTi at $38,990 and Subaru’s turbo WRX at $39,990, the Mazda3 MPS at $39,490 and Renault Megane RS at $41,990.
Toyota has also confirmed the 86 will be reasonably efficient, with an official average fuel consumption figure of 7.8L/100km for the manual, while the automatic version drives the number down to just 7.1L/100km. The emission numbers stand at 181g/km for the manual and 164g/km for the automatic.