Real price data
What should you pay for a 2023 Toyota Corolla?
Original MSRP
$21,700
When new
Fair market price
$21,738
Mileage-adjusted
Where prices land
25th $19,584 · 75th $22,908 · MSRP $21,700
Spread of current 2023 Toyota Corolla listings · 25th–75th percentile marked.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| LE | $21,303 | $21,700 | — |
| SE | $22,729 | $24,140 | — |
| XSE | $26,272 | $26,850 | — |
- LE
- $21,303
- SE
- $22,729
- XSE
- $26,272
Out-the-door price by state
Out-the-door for a 2023 Toyota Corolla runs about $22,049 in MT to $24,205 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 | $1,576 | $110+ | $23,424 |
| TX | $1,359 | $332 | $23,429 |
| FL | $1,304 | $1,074+ | $24,116 |
| NY | $870 | $371 | $22,979 |
| PA | $1,304 | $587 | $23,629 |
| IL | $1,359 | $683 | $23,780 |
| OH | $1,250 | $444 | $23,432 |
| GA | $1,522 | $637 | $23,897 |
| NC | $652 | $793 | $23,183 |
| WA | $1,413 | $215+ | $23,366 |
| OR | $0 | $525 | $22,263 |
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
32
MPG city
41
MPG highway
35
MPG combined
EPA-estimated fuel economy for a representative 2023 Toyota Corolla configuration (Regular).
Safety & recalls
3 open NHTSA recalls on record for the 2023 Toyota Corolla.
STEERING:COLUMN
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2023 Corolla, Corolla Cross, Corolla Cross Hybrid, Highlander, Highlander Hybrid, Tacoma, 2023 Lexus RX350, RX350 Hybrid, RX500 Hybrid, 2023-2024 Lexus NX250, NX350, and NX350 Hybrid vehicles. An electrical connection inside the steering column's spiral cable assembly may be insufficiently welded, causing the connection to separate and deactivate the driver's air bag. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, "Occupant Crash Protection."
Remedy: Dealers will inspect and replace the spiral cable assembly, if necessary, free of charge. Owner notification letters were mailed September 8, 2023. Owners may contact Toyota's customer service at 1-800-331-4331. Toyota's number for this recall is 23TA08. Lexus' number for this recall is 23LA02.
Campaign 23V480000 · 12/07/2023
STEERING
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2023-2024 Corolla and Corolla Hybrid vehicles. Due to cracks developed during the manufacturing process, the steering intermediate shaft assembly may fracture and possibly result in the shaft detaching from the steering column.
Remedy: Dealers will replace the intermediate steering shaft, free of charge. Owner notification letters were mailed January 17, 2025. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is 24TB13/24TA13.
Campaign 24V878000 · 21/11/2024
STEERING:COLUMN
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2023 Toyota Corolla, Corolla Cross, Corolla Cross Hybrid, Highlander, Highlander Hybrid, Tacoma, Lexus RX350, 2023-2024 NX250, and NX350 vehicles that may have been incorrectly repaired under previous NHTSA recall number 23V-480. An electrical connection inside the steering column's spiral cable assembly may be insufficiently welded, causing the connection to separate and deactivate the driver's air bag. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, "Occupant Crash Protection."
Remedy: Dealers will inspect and replace the spiral cable assembly as necessary, free of charge. Owner notification letters were mailed March 17, 2025. Owners may contact Toyota's customer service at 1-800-331-4331. Toyota's number for this recall is 25TA02. Lexus' number for this recall is 25LA02.
Campaign 25V040000 · 29/01/2025
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2023 Toyota Corolla?
A fair, mileage-adjusted price is about $21,738, within a typical market range of $19,584 to $22,908.
What is the out-the-door price of a 2023 Toyota Corolla?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $22,049 in MT to $24,205 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.