TOYOTA IQ (2014)
Running costs, reliability data, and common problems from 1,341 real MOT tests.
Annual Cost
£1,230
£103/month
MOT Pass Rate
91%
Excellent
Road Tax
£20
Based on CC/year
Insurance
Grp 1-8
996cc Petrol
Great Choice
91% pass rate, £1230/year to run. 9 points above average.
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Annual Running Costs
~50 mpg
Based on 996cc
Low estimate due to excellent reliability
Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.
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Reliability Verdict
Excellent reliability. Very few MOT failures. That's 9 points above the national average of 82%. It also outperforms the TOYOTA brand average of 84%.
At 12 years old, 91% of TOYOTA IQs from 2014 passed their MOT first time in 2026. That's based on 1,341 tests across the UK. The average mileage at this age is 46,428 miles.
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How Does It Compare?
Mileage Analysis
46,428
Average miles
88,800
Expected for age
The average 2014 TOYOTA IQ has 46,428 miles on the clock, which is below the expected 88,800 miles for a 12-year-old car. This suggests lighter use than average, which generally means less wear on major components.
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TOYOTA IQ by Year
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About the 2014 TOYOTA IQ
The 2014 TOYOTA IQ is a city car with a 996cc petrol engine. 1,341 of these vehicles were MOT tested in 2026, making it a reasonably common sight on UK roads. It ranks in the top 23% of all 2014 cars for reliability.
With an average of 46,428 miles at 12 years old, TOYOTA IQ owners tend to use this car less than the typical driver.
2014 TOYOTA IQ Fuel Costs
The modest 996cc 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 £955 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).
What does it cost to own a 2014 TOYOTA IQ?
Total estimated annual running cost is £1,230 (£103/month), broken down as £955 fuel, £20 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 91% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.
TOYOTA IQ Reliability Trend
Newer TOYOTA IQs show better MOT pass rates than older ones, with an average improvement of 4 percentage points.
Buying a Used 2014 TOYOTA IQ
At 12 years old, the TOYOTA IQ 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.
Common Issues to Watch For
Based on the 2014 TOYOTA IQ's fuel type, age, and engine size, these are the most likely problem areas to check.
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.
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 2014 TOYOTA IQ stacks up against similar cars for annual running costs, insurance, and tax.
| Car | Pass Rate | Fuel/yr | Tax/yr | Insurance | Total/yr |
|---|---|---|---|---|---|
| TOYOTA IQ(2014) | 91% | £955 | £20 | Grp 1-8 | £1230 |
| FORD FIESTA(2015) | 81% | £955 | £30 | Grp 1-8 | £1390+£160 |
| VAUXHALL CORSA(2015) | 78% | £1137 | £30 | Grp 8-20 | £1722+£492 |
| NISSAN QASHQAI(2016) | 83% | £955 | £30 | Grp 5-15 | £1390+£160 |
| VOLKSWAGEN POLO(2015) | 82% | £955 | £30 | Grp 5-15 | £1390+£160 |
Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.
Related Toyota Models
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FORD FIESTA
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2015 · 1398cc Petrol
NISSAN QASHQAI
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