I own three Mk2's, well the family has three. I really like the Mk2, its a great car, better design than the mk1, more refined, and slightly larger inside. But it has a weakness, in terms of rust. There is very little under protection, no different to the mk1, but there is no wheel arch liner in the left rear wheel arch. This causes winter salt to build up underneath around the petrol flap causing it to rust. That's why I bought a japanese import which had not spent time on UK roads. The Mk3 has a wheel arch liner which prevents this problem, which is an advantage. But the mk3 has the tyre pressure monitoring system, which seems to irritate a lot of owners, but I guess you get used to it. Eventually I'll replace my mk2 for a mk3, but only once I've had full use of my mk2, because I think its a very good car, which meets all my need.