Real price data
What should you pay for a 2020 Toyota Corolla?
Original MSRP
$20,050
When new
Fair market price
$17,586
Mileage-adjusted
Below MSRP
$2,464
A fair used price
Where prices land
25th $15,376 · 75th $18,995 · MSRP $20,050
Spread of current 2020 Toyota Corolla listings · 25th–75th percentile marked.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| LE | $17,264 | $20,050 | — |
| SE | $18,223 | $22,050 | — |
| XSE | $18,734 | $25,550 | — |
| l | — | $20,790 | — |
| nightshade | — | $22,750 | — |
- LE
- $17,264
- SE
- $18,223
- XSE
- $18,734
Out-the-door price by state
Out-the-door for a 2020 Toyota Corolla runs about $17,897 in MT to $19,778 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $1,275 | $110+ | $18,971 |
| TX | $1,099 | $332 | $19,017 |
| FL | $1,055 | $1,074+ | $19,715 |
| NY | $703 | $371 | $18,660 |
| PA | $1,055 | $587 | $19,228 |
| IL | $1,099 | $683 | $19,368 |
| OH | $1,011 | $444 | $19,041 |
| GA | $1,231 | $637 | $19,454 |
| NC | $528 | $793 | $18,907 |
| WA | $1,143 | $215+ | $18,944 |
| OR | $0 | $525 | $18,111 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Fuel economy
31
MPG city
40
MPG highway
34
MPG combined
EPA-estimated fuel economy for a representative 2020 Toyota Corolla configuration (Regular).
Safety & recalls
3 open NHTSA recalls on record for the 2020 Toyota Corolla.
FUEL SYSTEM, GASOLINE:DELIVERY:FUEL PUMP
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2018-2019 4Runner, 2019-2020 Avalon, 2019 Corolla Hatchback, 2017-2019 Highlander, 2018-2020 Camry, 2020 Corolla, 2018-2019 Land Cruiser, 2017-2020 Tacoma, 2019-2020 RAV4, 2019-2020 Sequoia, 2017-2020 Sienna, 2019-2020 Tundra, 2018-2020 Lexus ES350, 2017 Lexus GS200t, 2017-2019 Lexus GS350, 2019 Lexus GS300, 2018-2020 Lexus LC500h, 2019-2020 Lexus LS500, 2018-2019 Lexus GX460, 2017 Lexus IS200t, 2019 Lexus IS300, 2019 Lexus IS350, 2018-2020 Lexus LC500, 2018 Lexus LS500, 2019 Lexus LS500h, 2018-2019 Lexus LX570, 2017 Lexus RC200t, 2019 Lexus RC300, RC350, 2017 and 2019-2020 Lexus RX350, 2018-2020 RX350L, 2019 Lexus UX200, 2018-2019 Lexus NX300 vehicles. The low-pressure fuel pump inside the fuel tank may fail.
Remedy: Toyota will notify owners, and dealers will replace the fuel pump assembly with an improved one, free of charge. Owners of specific models were notified that remedy parts were available starting January 21, 2021. Owners of other models will be notified as remedy parts become available. Remedy parts should be available for all affected vehicles by late March 2021. Owners may contact Toyota customer service at 1-888-270-9371 or Lexus customer service at 1-800-255-3987. Note: This recall is an expansion of recall 20V-012. Toyota's number for this recall is 20TA02. Lexus' number for this recall is 20LA01.
Campaign 20V682000 · 04/11/2020
SEAT BELTS: REAR/OTHER:BUCKLE ASSEMBLY
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2019-2020 C-HR and 2020 Corolla and Corolla Hybrid vehicles equipped with rear seat belt assemblies with a dual-mode locking mechanism. The seat belt webbing sensor locking mechanism may not lock as intended.
Remedy: Toyota will notify owners, and dealers will inspect the rear seat belt assembly production dates, and replace the assemblies, as necessary, free of charge. The recall began February 7, 2020. Owners may contact Toyota customer service at 1-888-270-9371. Toyota's numbers for this recall are 19TB22 and 19TA22.
Campaign 19V877000 · 11/12/2019
AIR BAGS:SENSOR:OCCUPANT CLASSIFICATION
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2020-2021 Avalon, Avalon Hybrid, Corolla, Highlander, Highlander Hybrid, RAV4, RAV4 Hybrid, Lexus ES350, Lexus RX350, Lexus RX450H, 2021 Sienna Hybrid, Lexus ES250, 2020-2022 Camry, Camry Hybrid, and ES300H vehicles. A short circuit may develop in the Occupant Classification System (OCS) sensor, preventing the front passenger air bag from deploying.
Remedy: Dealers will inspect and replace the sensor as necessary, free of charge. Interim letters notifying owners of the safety risk were mailed in February 2024. Some final remedy owner letters were mailed October 31, 2024. Letters will continue to be mailed in phases through January 2026. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is 23TB15/23TA15 Lexus 23LB03/23LA03.
Campaign 23V865000 · 20/12/2023
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2020 Toyota Corolla?
A fair, mileage-adjusted price is about $17,586, within a typical market range of $15,376 to $18,995.
Is the 2020 Toyota Corolla cheaper than MSRP?
Yes — its original MSRP was about $20,050, so a fair used price is roughly $2,464 below MSRP.
What is the out-the-door price of a 2020 Toyota Corolla?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $17,897 in MT to $19,778 in NJ, depending on your state. Local taxes can add more.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/20/2026. Estimates only; your price depends on condition, options, and location.