A vehicle vision system includes a plurality of cameras having respective fields of view exterior of the vehicle. A processor is operable to process image data captured by the cameras and to generate images of the environment surrounding the vehicle. The processor is operable to generate a three dimensional vehicle representation of the vehicle. A display screen is operable to display the generated images of the environment surrounding the vehicle and to display the generated vehicle representation of the equipped vehicle as would be viewed from a virtual camera viewpoint. At least one of (a) a degree of transparency of at least a portion of the displayed vehicle representation is adjustable by the system, (b) the vehicle representation comprises a vector model and (c) the vehicle representation comprises a shape, body type, body style and/or color corresponding to that of the actual equipped vehicle.
