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How much does a Toyota Corolla 2018 cost?

The 2018 Toyota Corolla is a compact sedan that offers an affordable and reliable driving experience. With a starting MSRP of around $18,700, the Corolla is one of the most budget-friendly options in its class. Despite its low price tag, the Corolla delivers a comfortable ride, a spacious interior, and a reputation for dependability that has made it a popular choice among car buyers.


Pricing and Trim Levels


The 2018 Toyota Corolla is available in several trim levels, each with its own set of features and pricing:



  • L: The base model Corolla L has a starting MSRP of $18,700. It comes equipped with a 1.8-liter four-cylinder engine, a six-speed manual transmission, and basic features like air conditioning, power windows, and a 6.1-inch touchscreen infotainment system.

  • LE: The LE trim starts at $19,035 and adds features like automatic climate control, a backup camera, and remote keyless entry.

  • XLE: The XLE model, starting at $21,500, includes upgrades like a 7-inch touchscreen, a premium audio system, and heated front seats.

  • SE: The sportier SE trim, with a starting price of $20,145, comes with a more powerful 2.0-liter engine, a sport-tuned suspension, and unique exterior styling cues.

  • XSE: The top-of-the-line XSE trim, starting at $22,235, combines the features of the XLE and SE models, offering a premium interior and a more engaging driving experience.


Prices may vary depending on location, dealer incentives, and any additional options or packages added to the vehicle.


Key Features and Specifications


The 2018 Toyota Corolla comes equipped with a range of features that make it a practical and well-rounded compact car:



  • Engine and Transmission: The base Corolla L and LE models are powered by a 1.8-liter four-cylinder engine that produces 132 horsepower and 128 lb-ft of torque. The SE and XSE trims feature a more powerful 2.0-liter four-cylinder engine with 169 horsepower and 151 lb-ft of torque. Both engines are available with a six-speed manual or a continuously variable automatic transmission (CVT).

  • Fuel Economy: The Corolla's fuel efficiency is one of its strong suits, with an EPA-estimated 28 mpg in the city and 36 mpg on the highway for the 1.8-liter engine and CVT combination.

  • Safety Features: All Corolla models come standard with a suite of advanced safety technologies, including a rearview camera, lane departure warning, and automatic emergency braking with pedestrian detection.

  • Interior and Cargo Space: The Corolla offers a spacious cabin with ample room for five passengers. The trunk provides 13.0 cubic feet of cargo space, which is competitive for the compact car segment.


Overall, the 2018 Toyota Corolla is a practical and affordable compact car that delivers a comfortable ride, reliable performance, and a host of standard features, making it a popular choice for budget-conscious buyers.

What is the highest price for a Corolla?


Toyota Corolla Altis price starts at Rs. 16.46 Lakh and goes upto Rs. 20.20 Lakh.



What is the average price of a Toyota Corolla?


Update chart

YearAvg Price30 days
2021 Corolla$18,082-1.1%
2022 Corolla$19,272-1.3%
2023 Corolla$20,569+0.0%
2024 Corolla$22,385-0.1%



How much should I pay for a Corolla?


2023 Toyota Corolla MSRP and Invoice Price

TrimsMSRPEdmunds Suggested
LE Most Popular$22,795$21,392
SE$25,235$23,672
XSE$27,945$26,122



Is 2018 Toyota Corolla a reliable car?


As a whole, consumers found the vehicle's reliability and value to be its strongest features and performance to be its weakest. 148 out of 225 of owners (66% of them) rank the 2018 Corolla five out of five stars. Overall, consumers seem aligned in their opinions of the 2018 Toyota Corolla.



Why was the Corolla discontinued?


Internationally, the Toyota Corolla has enjoyed a lot of success and is, in fact, the best selling sedan in the world. The twelfth-gen model was also planned to be brought in the Indian market. But Toyota has axed this idea due to poor sales.



How much did a Toyota Corolla cost in 2017?


2017 Toyota Corolla Pricing

Original MSRPKBB Fair Purchase Price (national avg.)
LE Sedan 4D$19,820$10,974
LE Eco Sedan 4D$20,220$12,263
SE Sedan 4D$21,330$12,040
XLE Sedan 4D$22,710$12,669



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.



How much should I put down on a Toyota Corolla?


20 percent
To get the best rate when financing a car, many lenders will want you to come up with 20 percent of the car's value as a down payment to get the best rate (though no-money-down car loans are available).



What is the price of a Toyota Corolla 2018?


2018 Toyota Corolla Pricing

Original MSRPKBB Fair Purchase Price (national avg.)
L Sedan 4D$19,520$11,558
LE Sedan 4D$19,955$12,082
LE Eco Sedan 4D$20,355$13,188
SE Sedan 4D$21,465$12,934



What is the price of the Toyota Corolla 2018 model?


Toyota Corolla Altis Key Specifications

Price₹ 16.46 - 20.20 Lakh
Fuel TypePetrol, Diesel
TransmissionManual, Automatic (CVT)
Engine Size1798 cc, 1364 cc
Mileage16.7 - 21.3 km/l


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.