Used 2012 Toyota Matrix Wagon Used 2012
Toyota Matrix Wagon

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KBB Editor's Overview

By Editorial Staff

The 2012 Toyota Matrix puts a twist on the compact car formula, combining a wagon-like design with a tall seating position, available all-wheel drive (AWD) - front-wheel drive is the standard setup – and a peppy yet fuel-efficient engine. Slotting between a compact hatchback and a small crossover SUV, the 2012 Matrix hatchback offers a big dose of sporty styling and outstanding ride and handling. However, due to its lack of high-tech audio and infotainment options, the Matrix may still fall short of newer hatchbacks, such as the Ford Focus and Kia Rio5. Then again, few cars have the reliability and resale value of a Toyota, and the Matrix can be expected to hold up its end of that Toyota reputation.


You'll Like This Car If...

If you think you can't have an inexpensive, frugal and reliable car with the security of AWD, the 2012 Matrix proves otherwise.

You May Not Like This Car If...

If you're looking for a hatchback that has the power and moves to live up to its sporty styling, the 2012 Toyota Matrix hatchback isn't as promising as a VW GTI, Mazda3 or Ford Focus.

What's New for 2012

After a thorough refresh last year, the 2012 Toyota Matrix hatchback has no significant changes.

Driving It

Driving Impressions

The 2012 Toyota Matrix and Matrix S use the same, tightly-tuned suspension to deliver direct handling and a fairly comfortable ride. The Matrix's electric-assisted power steering isn't as precise-feeling as a traditional hydraulic unit, but it does help the engine conserve power and improve fuel economy. The 132-horsepower engine on the base Matrix hatchback provides adequate power, but the Matrix S's 158-horsepower engine is notably better for merging onto fast-moving freeways while also providing stout off-the-line acceleration. We like the all-wheel-drive option for those who have to deal with snow on a regular basis but, as the system activates only when sensing wheel slippage, we think it doesn't do much to improve the car's overall handling. If you live someplace that is always sunny and warm, the AWD option probably isn't worth the extra cost or added weight.

Favorite Features

115-Volt AC Outlet
This clever feature allows you to power most devices that need household-style alternating current.

Generous Rear Cargo Space
Fold down the rear seats of the 2012 Toyota Matrix hatchback and its flat cargo floor can hold a bunch of camping gear, back-to-college supplies or boxes and books for moving day.

Vehicle Details


The Toyota Matrix's interior is a combination of utility and fun. On the utility side, the 2012 Matrix S features a flat-folding front seat for increased cargo space, while both trims include built-in rubber rub strips on the cargo floor and rear seatbacks. When the vehicle is parked, the forward-folding front-passenger seatback can be used as, among other things, a desk for a computer. Although not cramped, the Matrix hatchback offers front and rear-seat legroom slightly smaller than the segment leaders, the rear seat being the biggest offender. The Matrix's front seats place their occupants up high, giving the feeling of driving a small SUV. Among the more thoughtful interior features is the Matrix S model's 115-volt outlet that allows an ordinary household device to operate without the need for a 12-volt AC converter.


While the EPA may consider the Toyota Matrix to be a small wagon, we think its racy exterior and aggressive wheels say different. This sporty hatchback features a sharply-angled nose, a swept-back beltline and black-out treatment around the rear D-pillar's wraparound glass. Every Matrix includes color-keyed, heated side mirrors, a rear-window wiper and daytime running lights, and the Matrix's design elements make it one of the more youthful Toyota offerings, even outshining some Scion products. On the 2012 Toyota Matrix S trim, the sporty attitude is taken a step further with an underbody front spoiler, blacked-out rear diffuser, 17-inch alloy wheels and a rear roof spoiler.

Notable Standard Equipment

The 2012 Toyota Matrix comes in two trim levels: Matrix and Matrix S. Both have Toyota's very comprehensive Star Safety System, which includes Enhanced Vehicle Stability Control (which in turn includes Traction Control, Anti-lock Brakes, Electronic Brake-force Distribution and Brake Assist) and Smart Stop Technology, and front, front-side and full-length side-curtain airbags. Toyota's Smart Stop Technology cuts engine power if the driver simultaneously presses both the accelerator and brake pedals. The base Matrix has a 132-horsepower, 1.8-liter 4-cylinder engine, while the Matrix S has a 158-horsepower, 2.4-liter 4-cylinder. All models include power windows, power door locks, heated power exterior mirrors and a tilt/telescopic steering wheel. The standard audio system is an AM/FM/CD unit that features four speakers, MP3/WMA playback capability and an auxiliary audio input jack. The Matrix S comes with 17-inch wheels, front foglights, silver interior trim, a 115-volt AC outlet, remote keyless entry and a 6-speaker stereo.

Notable Optional Equipment

The base 2012 Toyota Matrix hatchback can be equipped with a 4-speed automatic transmission and the Sport package, which adds front fog lights and front and rear spoilers. The Matrix S can be had with all-wheel drive, and an enhanced Sport Package (rear roof spoiler and unique 17-inch alloy wheels). Also available is the Premium Package, which includes Bluetooth wireless connectivity, Bluetooth streaming audio, a power sunroof, iPod and USB connector and SiriusXM Satellite Radio.

Under the Hood

Standard on the 2012 Toyota Matrix is a 1.8-liter 132-horsepower 4-cylinder engine, which is available with either a 5-speed manual or a 4-speed automatic transmission. The Matrix S has a 2.4-liter 158-horsepower 4-cylinder engine with either a 5-speed automatic or a 5-speed manual transmission. The 2.4-liter engine employs variable timing on both exhaust and intake valves to optimize responsive acceleration and good fuel economy.

1.8-liter in-line-4
132 horsepower @ 6,000 rpm
128 lb-ft of torque @ 4,400 rpm
EPA city/highway fuel economy: 25/32 (manual), 26/32 (automatic)

2.4-liter in-line-4
158 horsepower @ 6,000 rpm
162 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy: 21/28 (manual), 21/29 (5-speed automatic), 20/26 (4-speed automatic, AWD)


Pricing Notes

The 2012 Toyota Matrix Manufacturer's Suggested Retail Price (MSRP) starts around $19,500 when equipped with a 5-speed manual transmission. Opting for the Matrix S with all-wheel drive brings the price to above $22,000. With the Sport and Premium packages added, the Matrix S tops out right around $25,000. To see what consumers are actually paying for this vehicle in your area, check the Kelley Blue Book Fair Purchase Price before you begin negotiations. As for resale, we expect the Matrix to hold a good portion of its value over a 5-year period, topping the Suzuki SX4 and Mazda Mazda3 hatchback, equaling the Kia Soul, and falling slightly lower than the Nissan Versa.

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