The short answer
Based on available data, the Toyota Matrix comes out ahead of the Honda Fit on power. Check the specs table and owner sentiment below for the full comparison before deciding between the two. Both are covered by real owner reports on CarWizz.
Overall
Overwhelmingly positive sentiment centered on exceptional practicality, reliability, and low cost of ownership. The vehicle is consistently praised for its "magic seat" interior configuration, offering surprising cargo space and passenger room that rivals larger vehicles, all within a compact, easy-to-park footprint. Owners report high satisfaction with fuel economy (real-world reports of 36 MPG highway), simple and inexpensive maintenance, and a fun, tossable driving character, particularly with the manual transmission.
Best version to buy
Second Generation (late model, ~2009-2014): Specifically cited for its traditional Multi-Point Injection (MPI) engine and conventional automatic transmission ("Hondamatic"), which owners associate with extreme long-term reliability and simpler, cheaper maintenance. This generation is highlighted as having a drivetrain capable of lasting "half a million miles." The manual transmission variant (6-speed) is highly recommended across all generations for driving enjoyment and perceived durability.
Known issues
Overall
Overwhelmingly positive sentiment regarding long-term reliability, practicality, and value for money. The vehicle is consistently praised as an extremely durable and economical choice, with numerous reports of reaching 200,000 miles (322,000 km) and beyond with only routine maintenance. Owners highlight the versatile, flat-folding cargo space as a major strength, enabling the transport of large items, furniture, and pets.
Best version to buy
Models equipped with the 1.8L engine (either 1ZZ-FE or 2ZR-FE) are strongly preferred over those with the 2.4L engine due to the latter's known oil consumption issues. For the second generation (2009+), a 2010 or newer model is often cited as preferable, with some feedback indicating these later years had fewer issues.
Known issues
The verdict
The Toyota Matrix is the better choice for most buyers.
It has more power on its best-equipped version than the Honda Fit, based on the data above. If efficiency matters more to you than outright power, the Honda Fit is worth a closer look instead.
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Owner reports show similar reliability sentiment for the Honda Fit and the Toyota Matrix. Check the known issues listed above for specific differences between the two.
Data on family-specific factors like cargo space is limited for one or both models, but based on available reports, both are positioned as practical daily drivers. Check the specs table above for seating and body type.
The EPA rates the 2020 Honda Fit at 31–36 mpg combined and the 2013 Toyota Matrix at 22–29 mpg, depending on the version.
Exact maintenance costs aren't in our data, but reliability signals above are the closest proxy: fewer reported issues generally means lower repair costs over time.