diff --git a/src/lua.rs b/src/lua.rs
index 259a69f..d3a96bc 100644
--- a/src/lua.rs
+++ b/src/lua.rs
@@ -107,7 +107,7 @@ pub(crate) struct ExtraData {
     // Pool of `WrappedFailure` enums in the ref thread (as userdata)
     wrapped_failure_pool: Vec<c_int>,
     // Pool of `MultiValue` containers
-    multivalue_pool: Vec<MultiValue<'static>>,
+    multivalue_pool: Vec<Vec<Value<'static>>>,
     // Pool of `Thread`s (coroutines) for async execution
     #[cfg(feature = "async")]
     thread_pool: Vec<c_int>,
@@ -2898,8 +2898,7 @@ impl Lua {
                 let lua: &Lua = mem::transmute((*extra).inner.assume_init_ref());
                 let _guard = StateGuard::new(&lua.0, state);
 
-                let mut args = MultiValue::new_or_pooled(lua);
-                args.reserve(nargs as usize);
+                let mut args = MultiValue::with_lua_and_capacity(lua, nargs as usize);
                 for _ in 0..nargs {
                     args.push_front(lua.pop_value());
                 }
@@ -2943,7 +2942,6 @@ impl Lua {
                                 for r in results.drain_all() {
                                     lua.push_value(r)?;
                                 }
-                                MultiValue::return_to_pool(results, lua);
                                 Ok(nresults as c_int + 1)
                             }
                             _ => {
@@ -3184,13 +3182,13 @@ impl LuaInner {
     }
 
     #[inline]
-    pub(crate) fn new_multivalue_from_pool(&self) -> MultiValue {
+    pub(crate) fn pop_multivalue_from_pool(&self) -> Option<Vec<Value>> {
         let extra = unsafe { &mut *self.extra.get() };
-        extra.multivalue_pool.pop().unwrap_or_default()
+        extra.multivalue_pool.pop()
     }
 
     #[inline]
-    pub(crate) fn return_multivalue_to_pool(&self, mut multivalue: MultiValue) {
+    pub(crate) fn push_multivalue_to_pool(&self, mut multivalue: Vec<Value>) {
         let extra = unsafe { &mut *self.extra.get() };
         if extra.multivalue_pool.len() < MULTIVALUE_POOL_SIZE {
             multivalue.clear();
diff --git a/src/multi.rs b/src/multi.rs
index 2145693..485e626 100644
--- a/src/multi.rs
+++ b/src/multi.rs
@@ -13,7 +13,7 @@ use crate::value::{FromLua, FromLuaMulti, IntoLua, IntoLuaMulti, MultiValue, Nil
 impl<'lua, T: IntoLua<'lua>, E: IntoLua<'lua>> IntoLuaMulti<'lua> for StdResult<T, E> {
     #[inline]
     fn into_lua_multi(self, lua: &'lua Lua) -> Result<MultiValue<'lua>> {
-        let mut result = MultiValue::new_or_pooled(lua);
+        let mut result = MultiValue::with_lua_and_capacity(lua, 2);
         match self {
             Ok(v) => result.push_front(v.into_lua(lua)?),
             Err(e) => {
@@ -28,7 +28,7 @@ impl<'lua, T: IntoLua<'lua>, E: IntoLua<'lua>> IntoLuaMulti<'lua> for StdResult<
 impl<'lua, T: IntoLua<'lua>> IntoLuaMulti<'lua> for T {
     #[inline]
     fn into_lua_multi(self, lua: &'lua Lua) -> Result<MultiValue<'lua>> {
-        let mut v = MultiValue::new_or_pooled(lua);
+        let mut v = MultiValue::with_lua_and_capacity(lua, 1);
         v.push_front(self.into_lua(lua)?);
         Ok(v)
     }
@@ -43,9 +43,7 @@ impl<'lua, T: IntoLua<'lua>> IntoLuaMulti<'lua> for T {
 impl<'lua, T: FromLua<'lua>> FromLuaMulti<'lua> for T {
     #[inline]
     fn from_lua_multi(mut values: MultiValue<'lua>, lua: &'lua Lua) -> Result<Self> {
-        let res = T::from_lua(values.pop_front().unwrap_or(Nil), lua);
-        MultiValue::return_to_pool(values, lua);
-        res
+        T::from_lua(values.pop_front().unwrap_or(Nil), lua)
     }
 
     #[inline]
@@ -55,9 +53,7 @@ impl<'lua, T: FromLua<'lua>> FromLuaMulti<'lua> for T {
         to: Option<&str>,
         lua: &'lua Lua,
     ) -> Result<Self> {
-        let res = T::from_lua_arg(args.pop_front().unwrap_or(Nil), i, to, lua);
-        MultiValue::return_to_pool(args, lua);
-        res
+        T::from_lua_arg(args.pop_front().unwrap_or(Nil), i, to, lua)
     }
 
     #[inline]
@@ -170,7 +166,7 @@ impl<T> DerefMut for Variadic<T> {
 impl<'lua, T: IntoLua<'lua>> IntoLuaMulti<'lua> for Variadic<T> {
     #[inline]
     fn into_lua_multi(self, lua: &'lua Lua) -> Result<MultiValue<'lua>> {
-        let mut values = MultiValue::new_or_pooled(lua);
+        let mut values = MultiValue::with_lua_and_capacity(lua, self.0.len());
         values.refill(self.0.into_iter().map(|e| e.into_lua(lua)))?;
         Ok(values)
     }
@@ -179,13 +175,11 @@ impl<'lua, T: IntoLua<'lua>> IntoLuaMulti<'lua> for Variadic<T> {
 impl<'lua, T: FromLua<'lua>> FromLuaMulti<'lua> for Variadic<T> {
     #[inline]
     fn from_lua_multi(mut values: MultiValue<'lua>, lua: &'lua Lua) -> Result<Self> {
-        let res = values
+        values
             .drain_all()
             .map(|e| T::from_lua(e, lua))
             .collect::<Result<Vec<T>>>()
-            .map(Variadic);
-        MultiValue::return_to_pool(values, lua);
-        res
+            .map(Variadic)
     }
 }
 
@@ -194,7 +188,7 @@ macro_rules! impl_tuple {
         impl<'lua> IntoLuaMulti<'lua> for () {
             #[inline]
             fn into_lua_multi(self, lua: &'lua Lua) -> Result<MultiValue<'lua>> {
-                Ok(MultiValue::new_or_pooled(lua))
+                Ok(MultiValue::with_lua_and_capacity(lua, 0))
             }
 
             #[inline]
@@ -205,8 +199,7 @@ macro_rules! impl_tuple {
 
         impl<'lua> FromLuaMulti<'lua> for () {
             #[inline]
-            fn from_lua_multi(values: MultiValue<'lua>, lua: &'lua Lua) -> Result<Self> {
-                MultiValue::return_to_pool(values, lua);
+            fn from_lua_multi(_values: MultiValue<'lua>, _lua: &'lua Lua) -> Result<Self> {
                 Ok(())
             }
 
diff --git a/src/value.rs b/src/value.rs
index 2a3ee19..2caa98e 100644
--- a/src/value.rs
+++ b/src/value.rs
@@ -5,7 +5,7 @@ use std::ops::Index;
 use std::os::raw::{c_int, c_void};
 use std::string::String as StdString;
 use std::sync::Arc;
-use std::{fmt, ptr, slice, str, vec};
+use std::{fmt, mem, ptr, slice, str, vec};
 
 #[cfg(feature = "serialize")]
 use {
@@ -379,24 +379,43 @@ pub trait FromLua<'lua>: Sized {
 
 /// Multiple Lua values used for both argument passing and also for multiple return values.
 #[derive(Debug, Clone)]
-pub struct MultiValue<'lua>(Vec<Value<'lua>>);
+pub struct MultiValue<'lua> {
+    vec: Vec<Value<'lua>>,
+    lua: Option<&'lua Lua>,
+}
+
+impl Drop for MultiValue<'_> {
+    fn drop(&mut self) {
+        if let Some(lua) = self.lua {
+            let vec = mem::replace(&mut self.vec, Vec::new());
+            lua.push_multivalue_to_pool(vec);
+        }
+    }
+}
 
 impl<'lua> MultiValue<'lua> {
     /// Creates an empty `MultiValue` containing no values.
     pub const fn new() -> MultiValue<'lua> {
-        MultiValue(Vec::new())
+        MultiValue {
+            vec: Vec::new(),
+            lua: None,
+        }
     }
 
-    /// Similar to `new` but can return previously used container with allocated capacity.
+    /// Similar to `new` but can reuse previously used container with allocated capacity.
     #[inline]
-    pub(crate) fn new_or_pooled(lua: &'lua Lua) -> MultiValue<'lua> {
-        lua.new_multivalue_from_pool()
-    }
-
-    /// Clears and returns previously allocated multivalue container to the pool.
-    #[inline]
-    pub(crate) fn return_to_pool(multivalue: Self, lua: &Lua) {
-        lua.return_multivalue_to_pool(multivalue);
+    pub(crate) fn with_lua_and_capacity(lua: &'lua Lua, capacity: usize) -> MultiValue<'lua> {
+        let vec = lua
+            .pop_multivalue_from_pool()
+            .map(|mut vec| {
+                vec.reserve(capacity);
+                vec
+            })
+            .unwrap_or_else(|| Vec::with_capacity(capacity));
+        MultiValue {
+            vec,
+            lua: Some(lua),
+        }
     }
 }
 
@@ -419,8 +438,10 @@ impl<'lua> IntoIterator for MultiValue<'lua> {
     type IntoIter = iter::Rev<vec::IntoIter<Value<'lua>>>;
 
     #[inline]
-    fn into_iter(self) -> Self::IntoIter {
-        self.0.into_iter().rev()
+    fn into_iter(mut self) -> Self::IntoIter {
+        let vec = mem::replace(&mut self.vec, Vec::new());
+        mem::forget(self);
+        vec.into_iter().rev()
     }
 }
 
@@ -430,7 +451,7 @@ impl<'a, 'lua> IntoIterator for &'a MultiValue<'lua> {
 
     #[inline]
     fn into_iter(self) -> Self::IntoIter {
-        self.0.iter().rev()
+        self.vec.iter().rev()
     }
 }
 
@@ -453,64 +474,60 @@ impl<'lua> Index<usize> for MultiValue<'lua> {
 
 impl<'lua> MultiValue<'lua> {
     #[inline]
-    pub fn from_vec(mut v: Vec<Value<'lua>>) -> MultiValue<'lua> {
-        v.reverse();
-        MultiValue(v)
+    pub fn from_vec(mut vec: Vec<Value<'lua>>) -> MultiValue<'lua> {
+        vec.reverse();
+        MultiValue { vec, lua: None }
     }
 
     #[inline]
-    pub fn into_vec(self) -> Vec<Value<'lua>> {
-        let mut v = self.0;
-        v.reverse();
-        v
+    pub fn into_vec(mut self) -> Vec<Value<'lua>> {
+        let mut vec = mem::replace(&mut self.vec, Vec::new());
+        mem::forget(self);
+        vec.reverse();
+        vec
     }
 
     #[inline]
     pub fn get(&self, index: usize) -> Option<&Value<'lua>> {
-        if index < self.0.len() {
-            return self.0.get(self.0.len() - index - 1);
+        if index < self.vec.len() {
+            return self.vec.get(self.vec.len() - index - 1);
         }
         None
     }
 
-    #[inline]
-    pub(crate) fn reserve(&mut self, size: usize) {
-        self.0.reserve(size);
-    }
-
     #[inline]
     pub fn pop_front(&mut self) -> Option<Value<'lua>> {
-        self.0.pop()
+        self.vec.pop()
     }
 
     #[inline]
     pub fn push_front(&mut self, value: Value<'lua>) {
-        self.0.push(value);
+        self.vec.push(value);
     }
 
     #[inline]
     pub fn clear(&mut self) {
-        self.0.clear();
+        self.vec.clear();
     }
 
     #[inline]
     pub fn len(&self) -> usize {
-        self.0.len()
+        self.vec.len()
     }
 
     #[inline]
     pub fn is_empty(&self) -> bool {
-        self.0.is_empty()
+        self.vec.is_empty()
     }
 
     #[inline]
     pub fn iter(&self) -> iter::Rev<slice::Iter<Value<'lua>>> {
-        self.0.iter().rev()
+        self.vec.iter().rev()
     }
 
     #[inline]
     pub(crate) fn drain_all(&mut self) -> iter::Rev<vec::Drain<Value<'lua>>> {
-        self.0.drain(..).rev()
+        self.vec.drain(..).rev()
     }
 
     #[inline]
@@ -518,11 +535,11 @@ impl<'lua> MultiValue<'lua> {
         &mut self,
         iter: impl IntoIterator<Item = Result<Value<'lua>>>,
     ) -> Result<()> {
-        self.0.clear();
+        self.vec.clear();
         for value in iter {
-            self.0.push(value?);
+            self.vec.push(value?);
         }
-        self.0.reverse();
+        self.vec.reverse();
         Ok(())
     }
 }
@@ -543,15 +560,12 @@ pub trait IntoLuaMulti<'lua>: Sized {
     unsafe fn push_into_stack_multi(self, lua: &'lua Lua) -> Result<c_int> {
         let mut values = self.into_lua_multi(lua)?;
         let len: c_int = values.len().try_into().unwrap();
-
         unsafe {
             check_stack(lua.state(), len + 1)?;
             for v in values.drain_all() {
                 lua.push_value(v)?;
             }
         }
-        MultiValue::return_to_pool(values, lua);
-
         Ok(len)
     }
 }
@@ -589,8 +603,7 @@ pub trait FromLuaMulti<'lua>: Sized {
     #[doc(hidden)]
     #[inline]
     unsafe fn from_stack_multi(nvals: c_int, lua: &'lua Lua) -> Result<Self> {
-        let mut values = MultiValue::new_or_pooled(lua);
-        values.reserve(nvals as usize);
+        let mut values = MultiValue::with_lua_and_capacity(lua, nvals as usize);
         for idx in 1..=nvals {
             values.push_front(lua.stack_value(-idx));
         }