Toyota Corolla Depreciation

Toyota Corolla Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2020 $21,761 $21,761 $107 $0 0% 100% 100% 12 0
2019 $20,484 $17,372 $128 $4,389 20.17% 84.18% 91.67% 11 7.49
2018 $19,344 $14,653 $168 $2,719 15.65% 74.88% 83.33% 10 8.45
2017 $19,290 $14,394 $229 $259 1.77% 73.43% 75% 9 1.57
2016 $19,013 $12,065 $270 $2,329 16.18% 62.04% 66.67% 8 4.63
2015 $18,867 $11,078 $351 $987 8.18% 56.86% 58.33% 7 1.47
2014 $18,425 $10,475 $499 $603 5.44% 54.14% 50% 6 -4.14
2013 $17,091 $9,041 $570 $1,434 13.69% 49.56% 41.67% 5 -7.89
2012 $16,908 $8,350 $617 $691 7.64% 45.74% 33.33% 4 -12.41
2011 $16,691 $7,726 $710 $624 7.47% 42.03% 25% 3 -17.03
2010 $17,121 $6,861 $730 $865 11.2% 35.81% 16.67% 2 -19.14
2009 $17,025 $6,243 $842 $618 9.01% 31.72% 8.33% 1 -23.39
2008 $14,750 $5,464 $1,000 $779 12.48% 30.26% 0% 0 -30.26
Year Price % Paid % Left NUV ®
2020 $21,761 100% 100% 0
2019 $17,372 84.18% 91.67% 7.49
2018 $14,653 74.88% 83.33% 8.45
2017 $14,394 73.43% 75% 1.57
2016 $12,065 62.04% 66.67% 4.63
2015 $11,078 56.86% 58.33% 1.47
2014 $10,475 54.14% 50% -4.14
2013 $9,041 49.56% 41.67% -7.89
2012 $8,350 45.74% 33.33% -12.41
2011 $7,726 42.03% 25% -17.03
2010 $6,861 35.81% 16.67% -19.14
2009 $6,243 31.72% 8.33% -23.39
2008 $5,464 30.26% 0% -30.26
Our Favorite Toyota Corolla Photo

Used Toyota Corollas For Sale

Not shopping in 20146?
2019 Toyota Corolla LE

2019 Toyota Corolla LE

Mileage: 41,748
Mileage: 41,748     Price: $14,599
Location: Sterling, VA ~ 14 miles away
Dealer: CarMax Dulles
Low Depreciation Risk

$14,599


2015 Toyota Corolla LE

2015 Toyota Corolla LE

Mileage: 52,289
Mileage: 52,289     Price: $13,599
Location: Sterling, VA ~ 14 miles away
Dealer: CarMax Dulles

$13,599


2017 Toyota Corolla LE

2017 Toyota Corolla LE

Mileage: 4,374
Mileage: 4,374     Price: $15,998
Location: Sterling, VA ~ 14 miles away
Dealer: CarMax Dulles

$15,998


2017 Toyota Corolla iM
Price: 13500

$13,500


2010 Toyota Corolla Sedan 4D 4-Cyl 1.8 Liter Manual 5-Spd w/Overdrive FWD Stability Control Air Conditioning
Price: 9990

$9,990


About The Numbers

Our depreciation figures are calculated by aggregating then analyzing pricing, sales and other related automotive data sets.

Here are some brief descriptions of the columns:
  • Year - The vehicle model year.
  • New Price - The geometric mean new price paid of that model year grouped by most the popular trim levels.
  • Current Price - The geometric mean listing price of a used model of that year grouped by the same trim levels.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value ® - Our ranking & sorting index to help you find the model years with the most value.
2,344,925 total data points last analyzed on 04/16/2020.
More questions? Check out our Q&A section here.

Toyota Logo

Our Toyota Corolla Depreciation Analysis and Recommendations

The Toyota Corolla does very well in holding its value, and surprisingly, beats out its bigger cousin, the Camry, by quite a bit. Whereas the Camry fall in the middle of the pack in terms of value retention, the Corolla scores in the top 20 in year 5 and 6th place by year 7. 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.

The 2018, 2019 & 2016 Toyota Corolla model years are currently the best values.

On average, expect to pay only 75% of the original cost with 83% of the vehicle's lifetime remaining for a 2018 Corolla. That gives it a Net Used Value® score of 8.45 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2019 & 2016 Corolla model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2018 Toyota Corolla?

While we would advise holding onto this vehicle for a few years, that's not always the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.