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2007 Toyota Corolla

CE Sedan 4D

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Blue Book Trade-In Value

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Condition

Value

Excellent

$8,650

Good

$8,050

Fair

$7,025

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Average Consumer Rating (760 Reviews)

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4.7 out of 5 Review this Vehicle

Vehicle Highlights

Mileage:		43,000
Engine:		4-Cyl. 1.8 Liter
Transmission:		5 Speed Manual
Drivetrain:		FWD

Selected Equipment

Change Equipment

Standard

Air Conditioning	Tilt Wheel	Single Compact Disc
Power Steering	AM/FM Stereo	Dual Front Air Bags

Blue Book Trade-In Value

Kelley Blue Book Trade-In Value is the amount consumers can expect to receive from a dealer for a trade-in vehicle, assuming an accurate appraisal of the vehicle's condition, mileage and features. This value will likely be less than the Private Party Value because the reselling dealer incurs the cost of safety inspections, reconditioning and other costs of doing business.

Vehicle Condition Ratings

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Excellent $8,650 Looks new, is in excellent mechanical condition and needs no reconditioning. Never had any paint or body work and is free of rust. Clean title history and will pass a smog and safety inspection. Engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. Complete and verifiable service records. Less than 5% of all used vehicles fall into this category.

Excellent
$8,650

Looks new, is in excellent mechanical condition and needs no reconditioning.
Never had any paint or body work and is free of rust.
Clean title history and will pass a smog and safety inspection.
Engine compartment is clean, with no fluid leaks and is free of any wear or visible defects.
Complete and verifiable service records.

Less than 5% of all used vehicles fall into this category.

Good $8,050 Free of any major defects. Clean title history, the paints, body, and interior have only minor (if any) blemishes, and there are no major mechanical problems. Little or no rust on this vehicle. Tires match and have substantial tread wear left. A "good" vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category.

Good
$8,050

Free of any major defects.
Clean title history, the paints, body, and interior have only minor (if any) blemishes, and there are no major mechanical problems.
Little or no rust on this vehicle.
Tires match and have substantial tread wear left.
A "good" vehicle will need some reconditioning to be sold at retail.

Most consumer owned vehicles fall into this category.

Fair $7,025 Some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. Clean title history, the paint, body and/or interior need work performed by a professional. Tires may need to be replaced. There may be some repairable rust damage.

Fair
$7,025

Some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition.
Clean title history, the paint, body and/or interior need work performed by a professional.
Tires may need to be replaced.
There may be some repairable rust damage.

Poor N/A Severe mechanical and/or cosmetic defects and is in poor running condition. May have problems that cannot be readily fixed such as a damaged frame or a rusted-through body. Branded title (salvage, flood, etc.) or unsubstantiated mileage. Kelley Blue Book does not attempt to report a value on a "poor" vehicle because the value of these vehicles varies greatly. A vehicle in poor condition may require an independent appraisal to determine its value.

Poor
N/A

Severe mechanical and/or cosmetic defects and is in poor running condition.
May have problems that cannot be readily fixed such as a damaged frame or a rusted-through body.
Branded title (salvage, flood, etc.) or unsubstantiated mileage.

Kelley Blue Book does not attempt to report a value on a "poor" vehicle because the value of these vehicles varies greatly. A vehicle in poor condition may require an independent appraisal to determine its value.

* California 11/24/2009

Accurate Condition Appraisal

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Accurately appraising the condition of a vehicle is an important aspect in determining its Blue Book value. Taking our 16 question condition quiz will ensure you know the correct condition rating.