Scion refers to its entry-level hatchback as a micro-subcompact, which sums up the iQ pretty well. There is, however, a back seat for two, although you might not know it from the outside. Introduced in 2012, the iQ may be tiny and simple, but not necessarily cheap.
You get a leather-wrapped steering wheel, Pioneer audio system, power windows and locks, info display screen, and rather attractive spoked wheel covers. That might not sound like a lot, but it's a nice list of standard equipment for the lowest end of the market. As with other Scions, there are no factory options, although dealer-installed accessories are available.