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How much does a 2024 Toyota Corolla cost?

The 2024 Toyota Corolla is a compact sedan that offers a balance of affordability, reliability, and fuel efficiency. Depending on the trim level and options selected, the 2024 Corolla can be purchased for a range of prices to fit various budgets.


Corolla Pricing Overview


The starting MSRP (Manufacturer's Suggested Retail Price) for the base model 2024 Toyota Corolla L is $21,550. This price can vary depending on location, dealer incentives, and any additional features or packages added. The top-of-the-line Corolla XSE trim has a starting MSRP of $25,450.


In between the base L and top XSE trims, the 2024 Corolla is available in the following additional trim levels:



  • LE - Starting MSRP of $22,550li>
  • SE - Starting MSRP of $23,050

  • SE Nightshade Edition - Starting MSRP of $23,550

  • XLE - Starting MSRP of $24,550


These prices reflect the base MSRP and do not include any optional features, packages, or destination charges that may be added by the dealer.


Key Features of the 2024 Toyota Corolla


Regardless of the trim level, the 2024 Toyota Corolla comes standard with a range of features that provide value and practicality. Some of the key features include:



  • Standard 2.0-liter 4-cylinder engine with 169 horsepower

  • Available in both sedan and hatchback body styles

  • Standard Toyota Safety Sense 3.0 suite of advanced safety technologies

  • Available Apple CarPlay and Android Auto integrationli>
  • Spacious interior with ample passenger and cargo roomli>
  • Excellent fuel efficiency, with an EPA-estimated 31 mpg city and 40 mpg highway


The 2024 Toyota Corolla offers a compelling combination of affordability, reliability, and modern features, making it a popular choice in the compact sedan segment.

How much should I pay for a 2024 Camry LE?


$27,515
2024 Toyota Camry MSRP and Invoice Price

TrimsMSRPEdmunds Suggested
LE$27,515$25,532
SE Most Popular$29,055$27,972
SE Nightshade Edition$30,055$28,692
XLE$32,265$31,663



Can a Toyota Corolla last 500k miles?


With proper care and routine maintenance, the latest generation of the Toyota Corolla has been built and designed to last over two decades, with many models able to last 300,000 miles and longer.



How much should I pay for a Toyota Corolla 2024?


2024 Toyota Corolla MSRP and Invoice Price

TrimsMSRPEdmunds Suggested
LE Most Popular$23,145$22,373
SE$25,585$24,729
Nightshade$26,585$25,466
XSE$28,245$27,539



What is the range of the Toyota Corolla 2024?


2024 Toyota Corolla Driving Range
For 2024, the new Toyota Corolla's LE grade gets a total range of up to 422.4 miles in the city and 541.2 miles on the highway. SE, Nightshade and XSE grades produce up to 409.2 city miles and 528 highway miles of range.



What year of Corolla to stay away from?


Quick Answer: Avoid 2000, 2001, 2002, 2003, 2009, and 2014 Toyota Corollas. Throughout the lifespan of the Toyota Corolla, one of the most commonly reported problems is excessive oil usage in the engine. This was more common in the 2000, 2001, 2002, and 2009 model years, though it did appear in other years such as 2014 ...



What is the trade-in value of a 2024 Toyota Corolla?


2024 Toyota Corolla trade-in prices range from $17,340 - $25,061. Get a more accurate value for your car with the Edmunds appraisal tool. Did you know? Vehicle appraisals vary significantly by zip code, mileage and condition.



How much is an oil change for a Toyota Corolla 2024?


The average cost for a Toyota Corolla Oil Change is between $116 and $128. Labor costs are estimated between $46 and $58 while parts are typically priced around $70. This range does not include taxes and fees, and does not factor in your unique location. Related repairs may also be needed.



Do Toyota Corollas hold their value?


Corollas hold their value exceptionally well in the used car market. Their reputation for reliability and low cost of ownership makes them a sought-after choice, ensuring strong resale value even after several years.



What is the cheapest new car in 2024?


The Cheapest New Cars of 2024-2025

  1. 2024 Mitsubishi Mirage: $17,840/Mirage G4: $18,940.
  2. 2025 Nissan Versa: $18,330.
  3. 2024 Kia Forte: $21,145.
  4. 2025 Hyundai Venue: $21,395.
  5. 2025 Chevrolet Trax: $21,495.
  6. 2025 Kia Soul: $21,665.
  7. 2025 Nissan Sentra: $22,730.
  8. 2025 Hyundai Elantra: $23,025.



What is the life expectancy of a Toyota Corolla 2024?


300,000 miles
When drivers follow the recommended maintenance schedule, your Toyota Corolla has a life expectancy that can reach up to 10 years of 300,000 miles – or more! See how many miles can a Toyota Corolla last and learn how to get the most out of your car with the service experts at Earl Stewart Toyota.


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.