Market retention
Toyota Corolla value after 10 years.
A 2016 Toyota Corolla is worth about $11,370–$14,002 today, depending on trim. That's 26.8% to 41.3% below original MSRP.
Current fair price
$11,370–$14,002
Compared with the original MSRP for the same trim.
Newest market year
2026
Fair price $26,572
Price today by trim
$11,370–$14,002
Current market range for matching trims
Price vs. original MSRP
26.8% to 41.3% below original MSRP
5 matching trims in 2016
Observed market data
Current market value by model year.
Each bar compares a year's current fair price with the newest Toyota Corolla in this study.
2026
Newest year
$26,572 100%2025
1 years old
$24,818 93%2024
2 years old
$23,309 88%2023
3 years old
$22,475 85%2022
4 years old
$20,739 78%2021
5 years old
$18,993 71%2020
6 years old
$17,415 66%2019
7 years old
$15,685 59%2018
8 years old
$15,476 58%2017
9 years old
$14,019 53%2016
10 years old
$12,364 47%
Need the numbers behind this chart? Download the observed data and methodology (JSON).
How to read this
This study compares similarly adjusted listings from different model years today. It shows the shape of today's market—not a guarantee about a specific vehicle's future value.
Long-term estimate
12-year value outlook.
Observed rows use current listings. Later rows extend the measured annual decline and are clearly marked as projected.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 0 | 2026 | 0 | $26,572 | 100% | Market |
| 1 | 2025 | 12,000 | $24,818 | 93% | Market |
| 2 | 2024 | 24,000 | $23,309 | 88% | Market |
| 3 | 2023 | 36,000 | $22,475 | 85% | Market |
| 4 | 2022 | 48,000 | $20,739 | 78% | Market |
| 5 | 2021 | 60,000 | $18,993 | 71% | Market |
| 6 | 2020 | 72,000 | $17,415 | 66% | Market |
| 7 | 2019 | 84,000 | $15,685 | 59% | Market |
| 8 | 2018 | 96,000 | $15,476 | 58% | Market |
| 9 | 2017 | 108,000 | $14,019 | 53% | Market |
| 10 | 2016 | 120,000 | $12,364 | 47% | Market |
| 11 | 2015 | 132,000 | $11,665 | 44% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values extend the observed market trend and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
Toyota Corolla market-value FAQ.
How does Toyota Corolla market value vary by model year?
This study compares mileage-adjusted fair prices across Toyota Corolla model years. It is a market snapshot, not the resale history of one vehicle.
What is a 2016 Toyota Corolla worth compared with its original MSRP?
A 2016 Toyota Corolla is worth about $11,370–$14,002 today, depending on trim. Compared with original MSRP, values run 26.8% to 41.3% below original MSRP.
What will a Toyota Corolla be worth at 11 years old?
Extending the observed market trend, a 11-year-old Toyota Corolla (around 132,000 miles) would be worth about $11,665—roughly 44% of the newest model year's value. A projection, not a guarantee.
Cross-sectional market-value estimate from live listings, adjusted for mileage · updated 9/14/2026. Estimates only; your car's value depends on condition, options, and location.