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2008 Toyota Matrix

2008 Toyota Matrix

Wagon
FWD
Regular Gasoline
Horsepower
MPG Combined
27 mpg
MSRP
Torque
Reliability Score
99/ 100Excellent
Based on 56 NHTSA complaints

Should You Buy a 2008 Toyota Matrix?

The 2008 Toyota Matrix is a versatile hatchback that combines practicality with efficiency. With a 1.8L I4 engine producing 126 horsepower and 122 lb-ft of torque, it offers a respectable 29 MPG combined, making it an excellent choice for daily commuting or weekend errands. Priced at an MSRP of $15,510, it presents a budget-friendly option for those seeking reliability without sacrificing performance. The spacious interior comfortably seats five, making it suitable for small families or groups of friends.

Ideal For

The 2008 Toyota Matrix is ideal for budget-conscious individuals or small families looking for a reliable and fuel-efficient vehicle for daily commuting and errands.

Strengths

  • +High reliability score of 99/100
  • +Excellent fuel efficiency at 29 MPG combined
  • +Spacious interior with seating for five
  • +Affordable MSRP of $15,510
  • +Front-wheel drive for better handling in various conditions

Weaknesses

  • -Limited horsepower may not satisfy performance enthusiasts
  • -Some complaints regarding vehicle speed control
  • -Basic interior features compared to newer models
  • -No all-wheel drive option available
  • -Potential electrical system issues reported

Known Issues (NHTSA Data)

While the 2008 Toyota Matrix has a strong reliability score of 99/100, there are some notable complaints. The NHTSA has recorded 56 complaints, with 9 related to crash incidents and 2 injuries reported. The most common issues pertain to vehicle speed control and the electrical system, which may warrant attention from potential buyers. However, there are no fire incidents or fatalities reported, indicating a generally safe vehicle.

Top Complaint Areas
VEHICLE SPEED CONTROL20% of complaints
ELECTRICAL SYSTEM14% of complaints
STEERING7% of complaints
AIR BAGS7% of complaints
SERVICE BRAKES, HYDRAULIC5% of complaints

Performance

Horsepower
Torque
Engine
1.8 L
Cylinders
I4
Transmission
Automatic 4-spd
Drive Type
FWD

Efficiency

MPG Combined
27
Fuel Type
Regular Gasoline

Dimensions

Length
Width
Height
Wheelbase
Curb Weight
Ground Clearance

Capacity

Doors
Seating
Cargo
Max Cargo
Max Towing
Max Payload

ddpc Estimated Value

$4,290
$3,647 – $4,934
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
$3,466
Per Mile
$0.29
5-Year Total
$28,550
Fuel
$1,448/yr
Maintenance
$600/yr
Insurance
$1,418/yr
Depreciation
$2,244/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 (2)

Matrix
FWD
Matrix
FWD

Compare With Another Vehicle