The new 2015 Scion FR-S has been listed for a base price of $25,655, including a $755 shipping fee.
The price reflects a $200 increase compared to the 2014 vehicle.
Base vehicles are equipped with a six-speed manual transmission, according to a company press release.
Toyota also confirmed that the 2015 Scion FR-S equipped with a six-speed automatic transmission will be available for a base price of $26,755, including a $755 shipping fee.
Customers can expect an improve suspension for the 2015 model.
"Rear drive, lightweight and in tune with its operator, the FR-S is a perfect example of how finesse can be more fun than brute force," said KBB.com regarding the new Scion vehicle.
The Scion FR-S recently topped Kelley Blue Book's 2014 list of the 10 "coolest" cars for $25,000 or less.
The automaker said that the FR-S will come with retuned shock absorbers and a more rigid front suspension, according to the release.
Other features include: larger exhaust tips, a shark-fin antenna, instead of a pole antenna, and an updated cabin.
The cabin has been updated with an interior panel to give it more of a carbon-fiber look, according to the release.
The new 2015 Scion FR-S competes with similar vehicles like the 2014 Ford Fiesta ST and the Mazda MX-5 Miata, among others.
Interested customers can expect the 2015 FR-S to reach dealerships sometime this summer, according to the release.