Big engine for mini marvel

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Toyota iQ3

Toyota 1.33 iQ3

Toyota 1.33 iQ3

What is it?

TOP grade version of Toyota’s miniature marvel, the iQ. The iQ3 features a 1.3-litre engine and stop-start technology. The extra engine capacity gives the iQ an additional 30bhp at 97bhp over the 1.0-litre version. The iQ3 costs £12,017 on the road.

What’s hot?

  • A brilliant piece of engineering
  • The iQ is sensationally small – under 3m – yet can take four people
  • Handles like a go-kart with very direct steering
  • Despite size, has grown-up safety kit…
  • …including world-first rear window airbag
  • Only 10% company car tax
  • Fuel economy of 58.9mpg

What’s not?

  • Miniaturisation compromises functionality
  • Radio function on steering wheel is fiddly…
  • …and often won’t connect to your desired station
  • Rear head restraints need to be removed before rear seats fold
  • Which isn’t easy – and required if you want additional boot area
  • Misses out on 100% first year writing down allowance (WDA)
  • Despite the bigger engine, long motorway journeys best avoided
  • Expensive compared to other city cars
  • Four-cylinder engine lacks character of 1.0 three-cylinder unit

What you need to Know?

P11D Value: 11,927
Monthly Rental*: 199 (CH)/£234 (PCH)
Tax Band when posted: 10%
Monthly BiK: 20 (20%)/£40 (40%)
Engine: 1.33-litre 4-cyl petrol
CO2 Emissions: 113g/km
Power/torque: 97bhp/123Nm
Economy: 58.9mpg

Monthly contract hire (CH) and personal contract hire (PCH) rentals generated by Concept Vehicle Leasing. Based on a 36 month lease at 10,000 miles a year, 3+35 payments.

Business Car Manager Road Test Rating

The Toyota iQ3, for all its ingenuity, misses the mark in this bigger-engined format as well as being too expensive – the purer iQ with its 1.0-litre engine is the much better business bet. And you’ll also get 100% WDA too.

Business Motoring Award Winners 2025

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