With the Toledo IV, SEAT brought back the original look of the first Toledo. Launched in 2012, the Toledo IV combined the elegance of a coupé with the versatility of a family car. It was an excellent vehicle in terms of design, space, performance and emissions, and marked a grand farewell for the legendary Toledo saga.

After three years without a Toledo in the range, SEAT introduced the fourth generation of the saloon in 2012. The Toledo Concept was unveiled in March at the Geneva Motor Show, and a few months later, at the Paris Motor Show, the final production version was launched alongside the Leon III.

This completed SEAT's major product offensive in 2012, which began with the launch of the Mii at the end of the previous year. This was followed by the restyling of the Ibiza IV and the new generations of the Toledo and Leon. All shared a design language inspired by the IBE, IBX and IBL concept cars. The silhouette of the Toledo, in particular, was inspired by the latter and shared the angular design of the Mii's headlights, which were also found on the new Ibiza and Leon.

In its first year on the market, the Toledo IV coexisted with the SEAT Exeo, a higher-end saloon car. The new Toledo was about 20 centimetres shorter than the Exeo and was a very faithful reinterpretation of the original 1991 Toledo. Firstly, it revived the successful three-box, five-door design with a tailgate and a solid C-pillar, inherited from the first Toledo. At less than 4.5 metres long, the Toledo IV boasted a huge 550-litre boot, which could be expanded to 1,490 litres by folding down the rear seats.

The wheelbase of 2,602 millimetres was 8 cm longer than that of the Toledo II, which translated into more space for passengers. The result was that SEAT's new compact saloon combined design with functionality, dynamism with efficiency and, in addition, offered excellent value for money. This meant that, like the Toledo I, it was also very popular with taxi drivers. The Toledo IV was built at the VW Group's plant in Mladá Boleslav, where it shared the assembly line with the Skoda Rapid.

The engine range consisted of four petrol and two diesel engines, shared with the Ibiza platform. The petrol engines included 75 HP and 1.2 TSI variants, 85 HP and 105 HP, as well as the 122 HP 1.4 TSI with a seven-speed DSG dual clutch automatic transmission, which provided comfort, sportiness, stability, safety and performance. In diesel, the 1.6 TDI engine delivered 105 HP, and in 2013 a 90 HP version was added. In addition, the 105 HP engines were available in an Ecomotive variant with Start&Stop and low fuel consumption and emissions. From 2015, the petrol engines became the 1.2 TSI 90 and 110, and the 1.4 TSI 125, while the diesel engines became the 1.4 TDI 90 and 1.6 TDI 115.