What is the average cost of a 2023 Toyota Corolla?
The average cost of a 2023 Toyota Corolla is around $21,000 to $25,000, depending on the specific model and features. The Corolla is Toyota's compact sedan, known for its reliability, fuel efficiency, and affordability.
Factors Affecting the Cost of a 2023 Toyota Corolla
The price of a 2023 Toyota Corolla can vary based on several factors, including the trim level, optional features, and location. The base L trim starts at around $21,000, while the top-of-the-line XSE trim can cost up to $25,000 or more.
Trim Levels and Pricing
- L Trim: The base model Corolla L starts at around $21,000 and includes features like a 7-inch touchscreen, automatic climate control, and a suite of safety technologies.
- LE Trim: The LE trim starts at around $22,000 and adds features like a larger 8-inch touchscreen, blind-spot monitoring, and keyless entry.
- SE Trim: The sportier SE trim starts at around $23,000 and includes features like a sport-tuned suspension, 18-inch alloy wheels, and a leather-wrapped steering wheel.
- XLE Trim: The top-of-the-line XLE trim starts at around $24,000 and adds luxury features like a power-adjustable driver's seat, a premium audio system, and a moonroof.
- XSE Trim: The range-topping XSE trim starts at around $25,000 and includes all the features of the XLE, plus a more aggressive exterior design and additional performance upgrades.
It's important to note that these prices are approximate and may vary depending on the dealer, location, and any additional options or packages added to the vehicle.
Comparing the 2023 Toyota Corolla to Competitors
When compared to other compact sedans in the market, the 2023 Toyota Corolla is generally priced competitively. Some of its key competitors and their starting prices include:
- Honda Civic: Starting around $22,000
- Hyundai Elantra: Starting around $20,000
- Nissan Sentra: Starting around $19,500
- Kia Forte: Starting around $19,000
While the Corolla may not be the absolute cheapest option in the segment, its reputation for reliability, safety, and long-term value often make it a popular choice among compact sedan buyers.
Is 2023 Toyota Corolla a reliable car?
It's a practical car with excellent fuel economy and consistently good safety and reliability ratings. The Corolla gets a refresh for 2023, with new front and rear styling plus updated safety and infotainment features to keep it competitive with compacts like the Honda Civic, Hyundai Elantra, and Mazda3.
What is the wait time for the Toyota Corolla 2023?
Toyota average model wait times 2023
| Model | Wait time |
|---|---|
| Corolla | 225 days |
| Corolla Cross | Not available |
| Fortuner | 230 days |
| GR Yaris | Not available |
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 average price of a 2023 Toyota Corolla?
The price of the 2023 Toyota Corolla starts at $22,645 and goes up to $27,795 depending on the trim and options. We'd choose the sporty-ish SE sedan.
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).
How much is the cheapest Toyota Corolla?
Prices for a new Toyota Corolla currently range from $22,132 to $32,612. Find new Toyota Corolla inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
How much should I pay for a Toyota Corolla?
2023 Toyota Corolla MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| LE Most Popular | $22,795 | $21,589 |
| SE | $25,235 | $23,978 |
| XSE | $27,945 | $26,415 |
What is the most common problem with Toyota Corolla?
Some common problems with the Toyota Corolla include:
- Oil leaking/excessive oil use.
- Jerky acceleration.
- MAF sensor problem.
- Car vibrating.
How many miles can a 2023 Toyota Corolla last?
300,000 miles
If you're considering a Toyota Corolla, you may be wondering, “How long do Toyota Corollas last?” With regular service and maintenance, the Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles. Assuming you take good care of your new Corolla, you could have it for well over a decade.
What car has the longest lifespan?
The 10 models that have the longest lifespans according to Junk Car Medics are listed below.
- Buick LeSabre – 20.50 years.
- Chevrolet Suburban – 19.98 years.
- Ford F-150 – 19.26 years.
- Honda Accord – 18.73 years.
- Jeep Grand Cherokee – 18.73 years.
- Ford Explorer – 18.53 years.
- Toyota Camry – 18.50 years.
- Ford Mustang – 18.46 years.
