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2004 Toyota Matrix

2004 Toyota Matrix

Wagon
FWD
Premium Gasoline
Horsepower
MPG Combined
24 mpg
MSRP
Torque
Reliability Score
97/ 100Excellent
Based on 175 NHTSA complaints

Should You Buy a 2004 Toyota Matrix?

The 2004 Toyota Matrix is a versatile compact wagon that combines practicality with a sporty edge. With a 1.8L I4 engine producing 123 horsepower and an all-wheel-drive system, it offers a balanced driving experience, making it suitable for various weather conditions. The vehicle's fuel efficiency of 25 MPG combined is commendable for its class, and its MSRP of $18,445 positions it as an affordable option for budget-conscious buyers. Additionally, the Matrix seats five comfortably, making it a great choice for small families or those needing extra cargo space without sacrificing maneuverability.

However, potential buyers should be aware of some common issues reported through NHTSA complaints. The vehicle has recorded 175 total complaints, with notable concerns surrounding the airbag system and manual transmission, particularly at higher mileage intervals. Despite these issues, the Matrix boasts a reliability score of 97.4/100, indicating that it remains a dependable choice for those seeking a used vehicle.

Ideal For

The 2004 Toyota Matrix is best suited for budget-conscious individuals or small families looking for a reliable and practical vehicle that can handle various driving conditions.

Strengths

  • +High reliability score of 97.4/100
  • +Versatile all-wheel-drive system for improved handling
  • +Good fuel efficiency at 25 MPG combined
  • +Spacious interior with seating for five
  • +Affordable price point for a compact wagon

Weaknesses

  • -Common issues with manual transmission reported
  • -Limited power with only 123 horsepower
  • -Some complaints regarding airbag functionality
  • -Older model may lack modern tech features
  • -Crash incidents reported, though no fatalities

Known Issues (NHTSA Data)

The 2004 Toyota Matrix has a total of 175 complaints reported to the NHTSA, with 26 related to crash incidents and 24 injuries noted. The most frequent issues involve the airbag system and manual transmission, particularly between 60,000 to 120,000 miles. While these concerns warrant attention, there have been no fatalities reported, and the vehicle maintains a high reliability score, suggesting that it is generally a solid choice for buyers.

Complaint Patterns by Mileage
POWER TRAIN:MANUAL TRANSMISSION
80000-100000 mi
6 reports
POWER TRAIN:MANUAL TRANSMISSION
60000-80000 mi
5 reports
POWER TRAIN:MANUAL TRANSMISSION
100000-120000 mi
5 reports
Top Complaint Areas
AIR BAGS19% of complaints
POWER TRAIN:MANUAL TRANSMISSION15% of complaints
VEHICLE SPEED CONTROL9% of complaints
STEERING5% of complaints
FUEL SYSTEM, GASOLINE4% of complaints

Performance

Horsepower
Torque
Engine
1.8 L
Cylinders
I4
Transmission
Manual 6-spd
Drive Type
FWD

Efficiency

MPG Combined
24
Fuel Type
Premium Gasoline

Dimensions

Length
171.3 in
Width
70.1 in
Height
60.6 in
Wheelbase
102.4 in
Curb Weight
2,670 lbs
Ground Clearance

Capacity

Doors
4
Seating
Cargo
Max Cargo
Max Towing
Max Payload

ddpc Estimated Value

$4,266
$3,626 – $4,906
Depreciation Over Time
New
5yr
10yr
15yr
ddpc Estimate based on original MSRP, standard depreciation curves, vehicle class, and NHTSA reliability data. Not a substitute for professional appraisal. Actual value depends on condition, mileage, location, and market conditions.

Estimated Cost of Ownership

Estimated Annual Cost
$3,698
Per Mile
$0.31
5-Year Total
$32,669
Fuel
$1,680/yr
Maintenance
$600/yr
Insurance
$1,418/yr
Depreciation
$2,836/yr
Based on industry-standard estimates for this vehicle class. Fuel cost assumes 12,000 mi/yr at national average gas prices. Maintenance uses class-based intervals, not manufacturer-specific schedules. Actual costs vary by location, driving habits, and vehicle condition.

Available Trims (4)

Matrix
SPORTS
FWD
Matrix
FWD
Matrix AWD
AWD/4WD
Matrix
FWD

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