Ya, the 2.0T would be a direct competitor. Assuming the FR-S is sub 25K and handles amazingly, I'd rather have the FR-S over the 2.0T. The lighter, better hp:weight ratio, better looking, Scion/Toyota reliability car outweights the longer warranty and factory turbo for me. I think this car is going to sell very well and Nissan will be forced to come out with a new generation Silvia.
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