Daewoo Matiz (2004)
Estimated running costs and MOT pass rates from 689 MOT tests in 2024.
Annual Cost
£1,950
£163/month
MOT Pass Rate
64%
Below Avg
Road Tax
£20
Estimated/year
Est. Insurance
Grp 1-8
995cc Petrol
Proceed With Caution
64% pass rate, £1,950/year to run. 18 points below average.
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Annual Running Costs
~50 mpg
Estimated CO2 band
Higher estimate due to low pass rate
Estimates based on 7,400 miles/year (UK average), petrol at 174.57p a litre (GOV.UK weekly average, week of 19 October 2026), GOV.UK road tax rates and repair likelihood from MOT data. Insurance not included.
Reliability Verdict
Below average reliability. Budget extra for maintenance and repairs. That's 18 points below the average of 82% across all models in our data.
64% of MOT tests on Daewoo Matizs from 2004 ended in a pass in 2024, when they were about 20 years old. That's based on 689 tests across the UK, retests included. The average mileage recorded at those tests was 59,925 miles.
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How Does It Compare?
Mileage Analysis
59,925
Average miles
148,000
Expected for age
The average 2004 Daewoo Matiz had 59,925 miles on the clock at its 2024 MOT, which is significantly below the expected 148,000 miles for a 20-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
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Best Year to Buy?
Of the years with at least 100 tests, the 2002 model has the highest MOT pass rate at 67%, while the 1999 model has the lowest at 59%. The 2004 scores 64%. Newer cars usually pass more often simply because they are younger, so compare years of a similar age.
Daewoo Matiz by Year
Similar Cars to Consider
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About the 2004 Daewoo Matiz
The 2004 Daewoo Matiz is a city car. Our records list a 995cc petrol engine, though engines vary between versions. 689 MOT tests were recorded on this model in 2024, making it a less common model in the UK market. It sits in the bottom 7% of 2004 models for MOT pass rate.
With an average of 59,925 miles recorded at its 2024 MOT tests, Daewoo Matiz owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.
2004 Daewoo Matiz Fuel Costs
The modest 995cc petrol engine keeps fuel costs low, which is a real advantage for a city car. Expect around 50 mpg in mixed driving, which works out to roughly £1,175 per year with petrol at 174.57p per litre (GOV.UK weekly average, week of 19 October 2026; based on 7,400 miles per year).
What does it cost to own a 2004 Daewoo Matiz?
Total estimated annual running cost is £1,950 (£163/month), broken down as £1,175 fuel, £20 road tax, £55 MOT, and £700 predicted repairs. The higher repair estimate reflects the 64% MOT pass rate. Cars in this bracket tend to need work on suspension, brakes, and emissions components.
Daewoo Matiz Reliability Trend
The Daewoo Matiz has maintained consistent MOT pass rates across model years, varying by only 1 percentage point.
Buying a Used 2004 Daewoo Matiz
At 22 years old, the Daewoo Matiz is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 2002 model has the highest pass rate at 67%.
Common Issues to Watch For
These are typical issues for cars of this age, fuel type and engine size, not faults recorded on this model's MOT tests. Use them as a checklist when you view one.
Coil Pack Failure
Medium riskSmaller petrol engines are prone to ignition coil failures, causing misfires and rough running. Replacement is £50-£150 per coil.
Rust and Corrosion
Watch outAt 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.
Suspension Bushings
Watch outRubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.
Higher Than Average Failure Rate
Watch outWith a 64% MOT pass rate, this model fails more often than most. Budget for unexpected repairs and get a thorough pre-purchase inspection.
Service History
Low riskAlways request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.
Running Costs Compared
How the 2004 Daewoo Matiz stacks up against similar cars for estimated annual running costs, insurance group, and tax.
| Car | Pass Rate | Fuel/yr | Tax/yr | Est. Ins. Group | Total/yr |
|---|---|---|---|---|---|
| Daewoo Matiz(2004) | 64% | £1,175 | £20 | Grp 1-8 | £1,950 |
| Honda Jazz(2006) | 71% | £1,398 | £200 | Grp 8-20 | £2,153+£203 |
| Vauxhall Corsa(2006) | 68% | £1,398 | £200 | Grp 8-20 | £2,353+£403 |
| Nissan Micra(2006) | 74% | £1,398 | £200 | Grp 8-20 | £2,153+£203 |
| Ford Fiesta(2003) | 71% | £1,398 | £200 | Grp 8-20 | £2,153+£203 |
Estimates based on 7,400 miles/year, GOV.UK average pump prices for the week of 19 October 2026, GOV.UK road tax rates and MOT data. Insurance groups are our rough estimate from engine size, not official groups. Actual costs vary by driver, location, and usage.
Questions about the 2004 Daewoo Matiz
Is the 2004 Daewoo Matiz reliable?
Below average reliability. Budget extra for maintenance and repairs. 64% of MOT tests on 2004 Daewoo Matizs ended in a pass, from 689 tests (DVSA MOT data for tests in 2024, retests included). That's 18 points below the average of 82% across all models in the same data.
How much does a 2004 Daewoo Matiz cost to run?
Our estimate is £1,950 a year (£163 a month): £1,175 fuel, £20 road tax, £55 MOT and £700 predicted repairs, based on 7,400 miles a year. Insurance is not included.
What is the MOT pass rate for a 2004 Daewoo Matiz?
64% of 689 MOT tests on the 2004 Daewoo Matiz ended in a pass (DVSA MOT data for tests in 2024, retests included). That ranks it 439th of 470 models first registered in 2004 (bottom 7%).
Which year Daewoo Matiz has the best MOT pass rate?
Of the years with at least 100 tests, the 2002 Daewoo Matiz has the highest MOT pass rate at 67% and the 1999 the lowest at 59%. Newer cars usually pass more often simply because they are younger and have done fewer miles.
What is the average mileage for a 2004 Daewoo Matiz?
The average mileage recorded at MOT tests on the 2004 Daewoo Matiz is 59,925 miles, which is significantly below the expected 148,000 miles for a 20-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
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