Overview
The Toyota Corolla ranks highly in comparison to similar cars in terms of resale value and affordability. It is placed 4th out of 29 on the list of Small Cars with Best Resale Value, indicating a strong retention of its initial price. This trend continues with its 4th position out of 21 on the Compact Cars with Best Resale Value list. Furthermore, the Corolla is also considered one of the most affordable compact cars, ranking 4th out of 16. These rankings suggest that the Toyota Corolla is a financially sound choice, offering both value for money at purchase and a good return on investment at resale.
Toyota Corolla Reliability Rating
| Toyota Corolla sedan |
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Reliability Score:
8.336933658754791 / 10
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Average Lifespan (years):
11.37821726241038
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Average Lifespan (miles):
149349.87290921563 miles
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Typical Miles Driven per Year:
11279.085474848323 miles
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Probability of Reaching 200k Miles:
0.17328498741999684
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Toyota Corolla reliability
Toyota Corolla Depreciation and Resale Value
| Toyota Corolla |
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$ Depreciation:
6289.059765765
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% Depreciation:
0.2743319418
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% Residual Value:
0.7256680582
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$ Resale Value:
16635.940234235
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% Typical All Compact Cars Depreciation:
0.2960402422148135
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All Compact Cars Depreciation Range:
0.2272146607 - 0.3907933813
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Toyota Corolla resale value
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