Fair market value
Toyota Corolla prices
Current fair market values by model year, with depreciation and cost-to-own estimates.
Newest model year fair price
$26,447
Mileage-adjusted from live market listings
Avg. depreciation / yr
7.2%
5-yr cost to own
$14,451
Pricing by model year
| Model year | Fair price | MSRP | |
|---|---|---|---|
| 2026 | $26,447 | $24,975 | View 2026 pricing → |
| 2025 | $24,898 | $23,825 | View 2025 pricing → |
| 2024 | $22,516 | $23,500 | View 2024 pricing → |
| 2023 | $21,588 | $21,700 | View 2023 pricing → |
| 2022 | $19,229 | $20,425 | View 2022 pricing → |
| 2021 | $17,936 | $20,025 | View 2021 pricing → |
| 2020 | $17,209 | $19,600 | View 2020 pricing → |
| 2019 | $15,483 | $18,700 | View 2019 pricing → |
| 2018 | $14,526 | $18,600 | View 2018 pricing → |
| 2017 | $13,687 | $18,500 | View 2017 pricing → |
| 2016 | $12,538 | $17,300 | View 2016 pricing → |
Market demand
The Toyota Corolla has about 47 days of national market supply — a fairly balanced market. See each model year for the negotiating-leverage read.
Depreciation
The Toyota Corolla depreciates about 7.2% per year. See the full depreciation curve →
Cost to own (5 years)
Estimated 5-year depreciation + fuel of about $14,451 (insurance, maintenance, and repairs excluded). See the breakdown →
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Prices are computed from live market listings, adjusted for mileage · updated 8/2/2026. Estimates only; your price depends on condition, options, and location.