Best Used Value: 2016 Toyota Corolla

Best Used Value
2016
Toyota Corolla

Toyota Corolla Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2018 $20,013 $20,013 $156 $0 0.00% 100.00% 100% 12 0
2017 $19,916 $15,855 $203 $4,158 20.78% 80.63% 91.67% 11 11.04
2016 $19,547 $13,328 $313 $2,527 15.94% 69.79% 83.33% 10 13.54
2015 $19,295 $12,809 $422 $519 3.89% 68.57% 75% 9 6.43
2014 $18,425 $12,234 $500 $575 4.49% 69.11% 66.67% 8 -2.44
2013 $17,791 $10,680 $594 $1,554 12.70% 63.37% 58.33% 7 -5.04
2012 $16,908 $9,374 $688 $1,306 12.23% 59.51% 50% 6 -9.51
2011 $16,691 $8,583 $781 $791 8.44% 56.10% 41.67% 5 -14.43
2010 $17,121 $7,649 $875 $934 10.88% 49.79% 33.33% 4 -16.46
2009 $17,025 $7,093 $969 $556 7.27% 47.35% 25% 3 -22.35
2008 $14,750 $6,606 $1,000 $487 6.87% 44.79% 16.67% 2 -28.12
2007 $14,654 $5,772 $1,188 $834 12.62% 39.40% 8.33% 1 -31.07
2006 $15,303 $5,380 $1,250 $392 6.79% 35.16% 0% 0 -35.16
Year Price % Paid % Left NUV ®
2018 $20,013 100.00% 100% 0
2017 $15,855 80.63% 91.67% 11.04
2016 $13,328 69.79% 83.33% 13.54
2015 $12,809 68.57% 75% 6.43
2014 $12,234 69.11% 66.67% -2.44
2013 $10,680 63.37% 58.33% -5.04
2012 $9,374 59.51% 50% -9.51
2011 $8,583 56.10% 41.67% -14.43
2010 $7,649 49.79% 33.33% -16.46
2009 $7,093 47.35% 25% -22.35
2008 $6,606 44.79% 16.67% -28.12
2007 $5,772 39.40% 8.33% -31.07
2006 $5,380 35.16% 0% -35.16

Used Toyota Corollas For Sale

2016 Corolla S PREMIUM TOYOTA COROLLA 19216 Miles BLACK 1.8L Autom...
$102.50
2015 Corolla S TOYOTA COROLLA 24735 Miles GRAY 1.8L Automatic
$102.50
2016 Toyota Corolla S Certified Pre Owned NIADA Pre-Owned S, Owned,...
$11,480
2017 Corolla LE 4dr Sedan (1.8L 4cyl CVT) Toyota Corolla, Black wit...
$13,800
2015 Corolla S Plus Toyota
$15,450
2016 Corolla LE Toyota
$13,950
2016 Corolla L Toyota
$17,889
2017 Corolla SE Toyota
$15,200
2016 Corolla S Plus Toyota Corolla, Black Sand Pearl with 23432 Mil...
$15,395

About The Numbers

The depreciation figures above are based on aggregate pricing & sales data from a number of online and offline resources.

Here is a quick breakdown of each column:
  • Year - The vehicle model year.
  • New Price - The average price paid of that model year spanning all trim levels.
  • Current Price - The average price of a used model of that year.
  • 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 year(s) with the most value.
Have more questions? Check out our Q&A section here.

2016 Toyota Corolla

On average, you should expect to pay only 70% of the original cost with 83% of the vehicle's lifetime remaining for a 2016 model. That gives it a Net Used Value® score of 13.54 which factors in expected annual maintenance, price decline & reliable years left.

These sought after 2016 Toyota Corolla models may be hard to find. Also consider a 2017 or 2015 as those were the next best values.

Own a 2016 Toyota Corolla?

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

Thinking about selling or trading up? Click the button below to get a free, no-obligation offer in minutes!


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