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By KBB Editors
Updated December 23, 2019
If you’re an urban dweller who has to fight it out for parking, or an eco-minded driver who doesn’t want to give up the toys. If you find the Smart too small, the MINI too pricey, and the FIAT questionable on reliability, the iQ hatchback could be just right.
First of all, you either like the Scion iQ styling or you don’t. If you’re looking for cheap transportation or need 4-passenger capacity, the Toyota Yaris and Nissan Versa sedan (both all-new for 2012), Honda Fit and Mazda2 will better fit the bill.
The 2012 Scion iQ is a master of hatchback packaging, fitting 2 +1 seating (we can explain) into a stylish package that is incredibly small on the outside, yet surprisingly roomy inside. And the front-drive, 3-door hatchback looks like the kind of futuristic cars we all thought we’d be driving by now. So…now you can.
You can blame (or thank) MINI Cooper for this. Ever since the cheeky little Brit was reintroduced in 2003, buyers have been going gaga for small, personal city cars. Where small cars used to be cheap, inexpensive transportation, this new breed combines style, personality and performance along with the premium price tag. The key players in the game are currently MINI, Smart, the new FIAT 500, and now, the all-new 2012 Scion iQ. The funniest thing about this is that the largest car in the class is…you guessed it, the MINI.
2012 Scion iQ pricing starts at $6,090 for the iQ Hatchback 2D, which had a starting MSRP of $16,444 when new. The range-topping 2012 iQ Hatchback 2D starts at $6,090 today, originally priced from $16,444.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$16,444 | $6,090 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2012 Scion iQ models in typical condition when purchasing from a dealership. These prices are updated weekly.
When you’re behind the wheel of the 2012 Scion iQ hatchback, it’s easy to forget you’re in a car that’s shorter than a MINI. You sit tall, like in the FIAT 500, and that gives excellent visibility. Unlike the FIAT, the Scion feels more sleek and coupe-like, thanks to a smaller greenhouse. Scion puts the dashboard and center stack further away, enhancing the impression you’re driving a larger car. The drive doesn’t betray it – the 92-hp 4-cylinder is smooth and the iQ provides a surprisingly quiet ride. Freeway speeds are comfy, with only a little nudge from side winds betraying the short wheelbase. In town, it’s only when you crank over the steering wheel, when the 2012 iQ turns on it’s heels like an exuberant Jack Russell Terrier, that it strikes you how maneuverable the little Scion is. Keep the CVT automatic transmission in Sport mode, and you’ll get more zippy performance, but it can’t match the Italians (FIAT) or Germans (MINI) for road feel and driving fun.
Think of the Scion iQ as a 2-seater with room for an occasional third, and you’ve got it right. Considering the hatchback’s tiny overall length, room up front is impressive. The seats are ample-sized and quite comfortable too. (Warning! If you’ve got both rear seats up, cargo room is non-existent.) Even more impressive is the iQ interior design, with beautiful curved door handles, a curved cascading center stack, and nice quality materials throughout. It’s a nice place to spend time.
When you think about the Scion iQ’s competitors, you realize that both the MINI Cooper and the FIAT 500 are retro-classic designs that have been re-envisioned. The Scion charts a bold new course. It’s funky and aero. So we were surprised our 2012 Scion iQ test car didn’t turn more heads. We think it’s the dark charcoal (magnet gray metallic) paint. We’ve seen other iQ hatchbacks in a bright orange ("Hot Lava" to Scion) and white ("Blizzard Pearl"), and they really grab your attention. Because it’s a Scion, you have a wide choice of personalization, including accessory body parts and wheels, so making one your own should be easy.
Leather-wrapped steering wheel
You wouldn’t think you’d get excited about a steering wheel, but the standard Scion iQ wheel has a fat, leather-wrapped rim, and angular contours that make it look like it came from a Ferrari. Nice.
Staggered 3-person seating
By pushing the dashboard and console way forward, the Scion iQ puts the front passenger slightly ahead of the driver, adding enough room for a passenger in the back. Clever. No such luck for those behind the driver, though.
The 2012 Scion iQ comes impressively equipped. At its $15,999 starting price, standard goodies include air conditioning, power locks/windows/mirrors, keyless entry with electronic rear-hatch locking system, a thumping 160-watt Pioneer audio system with HD technology, a USB input for your iPod, Bluetooth connectivity, 16-inch covered steel wheels, and a continuously variable automatic transmission (CVT).
Buyers with safety concerns about the iQ’s small size will be happy to know about its armada of airbags, including driver and passenger front, knee, seat-mounted side and side curtain air bags. There are also unique front seat-cushion airbags and a rear-window airbag that deploys around the rear headrests.
There’s basically only one Scion iQ model, but like other Scion models, there’s a nice array of accessories. On the outside, there’s a 4-piece aero kit, rear spoiler, mudguards and fog lights. For the inside, the usual assortment of floor mats and cargo nets is available, plus a cool interior-lighting kit. Those of you looking to terrorize your local on ramp can plump for (Toyota Racing Development (TRD) lowering springs and a rear sway bar. Alloy wheels are available, as is a full-featured navigation system.
The front-wheel-drive (FWD) 2012 Scion iQ gets its kicks from a 1.4-liter 4-cylinder engine that puts out 94 hp. It may be small, but it’s a technical powerhouse, with dual overhead camshafts, four valves per cylinder and dual variable valve timing. Toyota recommends 87-octane gasoline – which when combined with EPA fuel-economy estimates of 36 mpg city and 37 mpg highway, you won’t be spending much at the pump.
1.4-liter in-line 4
94 horsepower @ 6,000 rpm
89 lb-ft of torque @ 4,400 rpm
EPA city/highway fuel economy: 36/37
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $468 | $5,662 | $4,275 | ||
2023 | $246 | $5,416 | $3,950 | ||
2024 | $270 | $5,146 | $3,626 | ||
Now | $408 | $4,738 | $3,123 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 2127 lbs. | ||
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EPA Passenger | 73.8 cu.ft. | ||
Fuel Capacity | 8.5 gallons | ||
Front Head Room | 37.7 inches | ||
Front Leg Room | 40.9 inches | ||
Max Seating Capacity | 4 | ||
Minimum Ground Clearance | 5.3 inches | ||
Overall Length | 120.1 inches | ||
Front Shoulder Room | 53.1 inches | ||
Trunk or Cargo Capacity | 3.5 cu.ft. | ||
Turning Diameter | 12.9 feet | ||
Wheel Base | 78.7 inches |
Alloy Wheels | Available | ||
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Fog Lights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
City | 36 mpg | ||
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Highway | 37 mpg | ||
Combined | 37 mpg |
Drivetrain | FWD | ||
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Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Horsepower | 94 @ 6000 RPM | ||
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Torque | 89 @ 4400 rpm | ||
Engine | 4-Cyl, 1.3 Liter |
Basic | 3 years / 36000 miles | ||
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Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Used 2012 Scion iQ | Used 2016 smart fortwo | Used 2015 Nissan Versa | Used 2015 Chevrolet Sonic | ||
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Price | $6,090 | $5,719 | $5,596 | $5,680 | |
KBB.com Rating | 3.0 | 3.1 | 3.9 | 4.5 | |
Consumer Rating | 4.5 | 4.3 | 3.8 | 4.0 | |
Fuel Economy | City 36/Hwy 37/Comb 37 MPG | City 34/Hwy 39/Comb 36 MPG | City 31/Hwy 40/Comb 35 MPG | City 27/Hwy 37/Comb 31 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Safety Rating | 4.0 | N/A | 4.0 | 5.0 | |
Seating Capacity | 4 | 2 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 94 @ 6000 RPM | 89 HP | 109 @ 6000 RPM | 138 @ 4900 RPM | |
Engine | 4-Cyl, 1.3 Liter | 3-Cyl, Turbo, 1.0 Liter | 4-Cyl, 1.6 Liter | 4-Cyl, Turbo, 1.4 Liter | |
Drivetrain | FWD | RWD | FWD | FWD |
The 2012 Scion iQ is rated to return city/highway fuel economy of 36/37 mpg.
Used 2012 Scion iQ prices currently range from $6,090 for the Hatchback 2D to $6,090 for the Hatchback 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2012 Scion iQ is the Hatchback 2D, with a Kelley Blue Book Fair Purchase Price of $6,090.
The 2012 Scion iQ is part of the 1st-generation iQ, which our owners give an above-average reliability rating of 4.8 out of 5.