What is the resale value of a 2019 Toyota Corolla?
As a seasoned auto service provider, I often get asked about the resale value of various vehicles. One model that frequently comes up is the 2019 Toyota Corolla. Known for its reliability and fuel efficiency, the Corolla has maintained a strong presence in the used car market. In this article, we will explore the factors influencing its resale value and provide insights for potential buyers and sellers.
Understanding Resale Value
Resale value refers to the amount of money a vehicle can be sold for after a certain period of ownership. Several factors contribute to the resale value of a car, including:
- Brand Reputation: Toyota is renowned for producing durable and reliable vehicles, which positively impacts resale values.
- Condition of the Vehicle: A well-maintained car with a clean history report will fetch a higher price.
- Mileage: Lower mileage typically correlates with a higher resale value, as it suggests less wear and tear.
- Market Demand: The popularity of the model in the used car market can significantly affect its resale price.
- Features and Trim Level: Higher trim levels with more features tend to have better resale values.
Current Resale Value of the 2019 Toyota Corolla
As of February 2025, the resale value of a 2019 Toyota Corolla generally ranges between $18,000 and $22,000, depending on the factors mentioned above. Here’s a breakdown of what you might expect:
- Base Model: Approximately $18,000
- Mid-Level Trim: Around $20,000
- High-End Trim: Up to $22,000
These values can fluctuate based on the vehicle's condition, mileage, and local market trends. It's advisable for sellers to research current listings in their area to set a competitive price.
Tips for Maximizing Resale Value
If you're considering selling your 2019 Toyota Corolla, here are some tips to help maximize its resale value:
- Regular Maintenance: Keep up with scheduled maintenance and repairs to ensure the vehicle remains in excellent condition.
- Clean Interior and Exterior: A thorough cleaning can make a significant difference in how potential buyers perceive the car.
- Document Service History: Providing a complete service history can instill confidence in buyers regarding the vehicle's reliability.
- Consider Timing: Selling during peak seasons, such as spring or summer, can lead to better offers.
In conclusion, the 2019 Toyota Corolla remains a strong contender in the used car market, with a respectable resale value that reflects its reliability and popularity. Whether you're looking to buy or sell, understanding these factors can help you make informed decisions.
Frequently Asked Questions
What is the average price for a 2019 Corolla?
Hatchback
2019 Toyota Corolla | Specs | Price |
---|---|---|
Ascent Sport | Specs: 2.0L, Unleaded Petrol, 6 SPEED MANUAL | Price: $18,040 - $22,770 |
Ascent Sport + Navigation | Specs: 2.0L, Unleaded Petrol, 6 SPEED MANUAL | Price: $20,900 - $26,400 |
Ascent Sport + TR KIT | Specs: 2.0L, Unleaded Petrol, 6 SPEED MANUAL | Price: $20,020 - $25,410 |
What is a Toyota Corolla 2019 worth?
Prices for a used 2019 Toyota Corolla currently range from $7,878 to $24,995, with vehicle mileage ranging from 6,013 to 218,807.
Do Corollas have good resale value?
Corollas are one of those cars that traditionally have a high resale value. The reputation, availability of parts, and popularity make it an un-demand used car for both private buyers and dealers, so you're in a good position to list it for sale and get a lot more than you would trading it in.
How many miles per gallon does a 2019 Toyota Corolla get?
2019 EPA-estimated 30 city/40 highway/34 combined MPG for Corolla LE Eco. Actual mileage will vary. 2019 Corolla Hatchback XSE with automatic transmission preliminary 30 city/38 highway/33 combined MPG estimates determined by Toyota.
What is the base price of the 2019 Toyota Corolla?
Trim Options and MSRP of the 2019 Toyota Corolla
The trim options are as follows: 2019 Toyota Corolla L (MSRP: $18,700) 2019 Toyota Corolla LE (MSRP: $19,135) 2019 Toyota Corolla LE Eco (MSRP: $19,535)
What should I pay for a 2019 Toyota Corolla?
2019 Toyota Corolla Pricing
Original MSRP | KBB Fair Purchase Price (national avg.) | |
---|---|---|
L Sedan 4D | $19,655 | $14,873 |
LE Sedan 4D | $20,090 | $13,037 |
LE Eco Sedan 4D | $20,490 | $13,823 |
SE Sedan 4D | $21,600 | $15,251 |
Was 2019 a good year for Toyota Corolla?
Those seeking safety versus sporty will be pleased with the affordable and reliable 2019 Toyota Corolla. While the compact sedan is packed with standard driver-assistance technology, excellent crash-test ratings, and class-leading rear-seat legroom, what you won't find is driving excitement.
What is the most common problem with the 2019 Toyota Corolla?
What are the most common problems with a used Toyota Corolla hatchback?
- The emergency calling system (eCall) may not function when required.
- A bolt of the brake pedal bracket may not have been torqued correctly.
- The inside of the high pressure fuel pump may be worn or damaged over time during operation.
How many miles will a 2019 Corolla last?
around 300,000 miles
If properly maintained you can generally expect around 300,000 miles of use out of your Toyota Corolla before any major issues may need to be looked at.
How much are Toyota Corollas going for?
Prices for a new Toyota Corolla currently range from $22,132 to $32,549. 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.