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How much are GR Corollas selling for?

The Toyota GR Corolla, a high-performance version of the popular Corolla compact car, continues to command premium prices in the current automotive market. Despite ongoing supply chain challenges, the GR Corolla has maintained its status as a highly sought-after vehicle, with many dealers able to sell these models at or above the manufacturer's suggested retail price (MSRP).


Factors Driving GR Corolla Prices


The GR Corolla's popularity and limited availability are the primary factors contributing to its elevated prices. As a specialized, enthusiast-oriented model, the GR Corolla has a smaller production run compared to the standard Corolla, resulting in high demand and limited supply. Additionally, the vehicle's impressive performance capabilities, including a turbocharged 3-cylinder engine, all-wheel drive, and a manual transmission, have made it a favorite among driving enthusiasts, further fueling its desirability.


Current Pricing Trends


According to recent data, the average selling price for a new GR Corolla is around $40,000 to $45,000, with some dealers able to charge even higher prices due to the vehicle's scarcity. This represents a significant premium over the GR Corolla's MSRP, which starts at approximately $35,000. The price difference can be attributed to the high demand and the willingness of buyers to pay above sticker price to secure one of these coveted vehicles.


Outlook for the Future


While the current pricing trends for the GR Corolla may be challenging for some buyers, industry experts expect the situation to improve over time as Toyota increases production to meet the ongoing demand. As supply chain issues are gradually resolved and more GR Corollas become available, the prices are likely to stabilize and potentially come closer to the MSRP. However, the GR Corolla's status as a highly desirable performance model means that it will likely continue to command a premium compared to the standard Corolla, even as the market normalizes.


In summary, the Toyota GR Corolla remains a highly sought-after vehicle, with prices currently well above the MSRP due to strong demand and limited supply. As the market adjusts, buyers can expect to see more GR Corollas available, but the model's performance credentials and enthusiast appeal will likely keep it priced at a premium compared to the standard Corolla.

Is the 2024 GR Corolla worth it?


Like other GR-branded cars, this hot hatch represents the pinnacle of performance for the Toyota lineup, and although it's expensive and a hassle to buy since it's produced in limited numbers, we think it's well worth it–so much so, we added it to our 2024 Editors' Choice list.



Does a GR Corolla hold its value?


A 2023 Toyota GR Corolla has a current resale value of $29,520 and trade-in value of $27,517. The 2023 Toyota GR Corolla is in the top 10-25% for depreciation among all 2023 Hatchbacks.



Do GR corollas hold their value?


A 2023 Toyota GR Corolla has a current resale value of $31,943 and trade-in value of $30,014. The 2023 Toyota GR Corolla is in the top 10-25% for depreciation among all 2023 Hatchbacks.



Are GR Corollas selling well?


Per figures Toyota provided to Motor1, GR Corolla was the most popular manual Toyota model in the US, just pipping the GR86's 5,317 manual sales. Additionally, Toyota sold 3,287 manual Tacomas and 1,140 manual Supras.



What is the price of a Toyota GR Corolla?


Toyota GR Corolla is a Hatchback car, that will launch in India at an expected price range of ₹ 15.00 Lakh- ₹ 20.00 Lakh. GR Corolla is expected to launch in September 2025. It will launch in Petrol versions only. Toyota GR Corolla will compete with Mahindra Thar Roxx, MG Hector, Force Gurkha 5 Door.



Is a GR Corolla a good daily?


While the GR Corolla is designed to be an easy-to-drive AWD hot hatch, its ability to be a functional daily driver is what has benefited me the most.



How much will a GR Corolla depreciate?


A 2023 Toyota GR Corolla has a current resale value of $31,174 and trade-in value of $29,139. The 2023 Toyota GR Corolla is in the top 10-25% for depreciation among all 2023 Hatchbacks.



How much does a Corolla GR cost?


$39,995
The 2025 Toyota GR Corolla is an excellent turbocharged hot hatch with all-wheel drive as standard. Pricing starts at $39,995.



Is the GR Corolla a good daily?


While the GR Corolla is designed to be an easy-to-drive AWD hot hatch, its ability to be a functional daily driver is what has benefited me the most. I think hatchbacks (and wagons for that matter) are underrated.



How many 2024 GR Corollas will be made?


More on the GR Corolla
The much-loved Circuit Edition makes its return to the GR Corolla for 2024, limited to just 1600 units for the entire year. Toyota says that because the car is hand-made at its low-volume Motomachi facility, production output is limited.


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.