Used 2016 Toyota Corolla Pricing Starting with a Manufacturer's Suggested Retail Price (MSRP) of around $18,065 for the Corolla L and reaching over $24,000 for a Corolla S model loaded past the point of "a good value," the 2016 Toyota Corolla resides right in the heart of the compact-sedan pricing spectrum.
How much is a Toyota Corolla worth?
How Much Does the Toyota Corolla Cost? The 2022 Toyota Corolla has a $20,075 starting price, which is about average for the compact car class. The price climbs to $28,360 for the range-topping Corolla XSE Apex Edition.
What is a good price for a Toyota Corolla?
The base Toyota Corolla sedan has a starting MSRP of $20,025, while the Corolla hatchback has a base price of $20,665. Both figures are slightly above average for a compact car. The top-of-the-line XSE trim starts at $23,615 for the Corolla hatchback and $25,925 for the sedan.
Does Toyota Corolla have a good resale value?
A Toyota Corolla will depreciate 38% after 5 years and have a 5 year resale value of $13,937. This shows that the Corolla provides a great value, whether new or used, and for those on a budget, it is a great economical car which will be light on your wallet or purse, no matter how old it is.
What is a good year for a used Toyota Corolla?
The most important one is your budget for buying a used Corolla. The generation of cars between 2004 and 2009 is something you should consider if you are looking to save some money while having a reliable vehicle.
What is a 2007 Toyota Corolla worth?
Trim MSRP CarGurus Instant Market Value
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CE $14,925 $6,912
LE $16,135 $6,842
S $15,970 $7,024
Do Toyota Corolla hold their value?
A Toyota Corolla will depreciate 38% after 5 years and have a 5 year resale value of $13,937. The Toyota Corolla does very well in holding its value, and surprisingly, beats out its bigger cousin, the Camry, by quite a bit. Our depreciation calculator will predict an expected resale value for the Toyota Corolla.
What is a 2005 Toyota Corolla worth?
Trim MSRP CarGurus Instant Market Value
---- ------- -----------------------------
CE $14,320 $6,019
S $15,365 $6,095
LE $15,530 $6,298
XRS $18,095 $6,335
What is the value of a 2008 Toyota Corolla?
Trim MSRP CarGurus Instant Market Value
---- ------- -----------------------------
CE $14,405 $7,291
LE $15,615 $7,505
S $15,450 $7,536
How reliable is a 2007 Toyota Corolla?
Yes, overall the 2007 Toyota Corolla is a very reliable used car. It also earned plenty of great reliability rankings back when it was new. As we already mentioned, Consumer Reports bestowed a 5 out of 5 predicted reliability rating upon the 2007 Corolla.Aug 5, 2020
How long will a 2007 Toyota Corolla last?
If you're considering a Toyota Corolla, you may be wondering, “How long do Toyota Corollas last?” With regular service and maintenance, the Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles.