Toyota sources have indicated that the all-new Toyota GT 86 will cost less than £28,000

Toyota sources have indicated that the all-new Toyota GT 86 coupé will cost less than £28,000 when it reaches the UK next summer.

Earlier this week Autocar learned that the Japanese manufacturer was considering a £28k price tag for its coupé, which was significantly more than the £22,000 cost that had been originally expected.

Now company insiders suggest that a mid-£20k price is more likely for the 143mph rear-drive machine, which will be launched at the Tokyo motor show this week.

Read our Toyota GT 86 first drive review

GT 86 is the name for the coupe in Europe, as a tribute to the Corolla Levin AE86. In Japan the new car will simply be known as ‘86’ and US models will be called FR-S and sold under Toyota’s Scion sub-brand. The rear-drive coupe had been known as FT-86 throughout its development.

See pictures of the Toyota GT 86 coupe

Full technical details of the GT 86, which makes its world debut at this week’s Tokyo motor show alongside its co-developed Subaru BRZ sibling, reveal its 2.0-litre four-cylinder boxer engine produces 197bhp at 7000rpm and 151lb ft at 6600rpm. Top speed for the 1180kg front-engined coupe is likely to be around 155mph.

The GT 86 can be ordered with either a six-speed manual or six-speed auto gearbox, the latter being controlled via steering wheel-mounted paddle shifters. A limited-slip differential also features.

Toyota claims the GT 86’s dimensions of 4240mm in length and 1285mm in height (no width figure has been released) make it the most compact four-seat sports car in the world. It has an ultra-low centre of gravity, rated at just 475mm.

Read our Toyota GT 86 first drive review

The powertrain and driving position have been set as low and as far back as possible to optimise balance, giving the car a 53/47 weight distribution. The GT 86 features MacPherson strut front suspension and rear double wishbone suspension, and will ride on 17in wheels.

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