Predicted 5-Year Cost to Own: $30,918
Anybody keeping an eye on their budget will tell you that knowing that their car gets more than 50 miles per gallon of fuel is a great way to keep cost-to-own on that car low. When that car is also a Toyota, with historically strong resale value plus a reputation for quality and reliability, the positive case for its 5-year cost to own even harder to ignore. Cue the 5-passenger 2020 Toyota Corolla Hybrid sedan.
While the initial pricing for the hybrid version of any vehicle will cost more than the non-hybrid version of the same trim, the Corolla Hybrid — coming in LE trim only — starts at a relatively accessible $23,880. For that, the Corolla Hybrid gives you LED headlights and taillights, color-keyed mirrors and door handles, automatic climate control, premium interior materials, Smart Key keyless entry with push-button start, and a high-definition 7-inch infotainment display.
The car’s safety regimen includes Toyota Safety Sense 2.0, which includes low-speed automatic braking with pedestrian detection and full-speed-range Dynamic Radar Cruise Control.
As a performance car, the compact hybrid’s gasoline/electric powertrain with a continuously variable automatic transmission only offers 121 horsepower and 105 lb-ft of torque, but we only dinged it softly in our Expert Review. “The Corolla Hybrid does feel down on power compared to its conventional counterparts, but the instantaneous torque from the electric motor gives it acceptable off-the-line acceleration around town. Its handling is closer to the standard L and LE models than the slightly sportier SE and XSE, and its fuel economy is outstanding.”
In every way, from the 53/52-mpg city/highway fuel economy to its podium finish in our 2020 Best Resale Value Awards, the 2020 Toyota Corolla Hybrid possesses power as a low-cost-to-own leader.
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More 2020 Toyota Corolla Hybrid
Build and price your own 2020 Toyota Corolla Hybrid to see this week’s Fair Purchase Price, 5-Year Cost to Own and more, or check out the Corolla Hybrids for sale today at dealers near you.
You can also see more hybrid cars or check out the full list of this year’s 5-Year Cost to Own Awards winners.
2nd Place: 2020 Toyota Prius Prime
Predicted 5-Year Cost to Own: $32,695
Now equipped with 5-passenger seating, the 4-door 2020 Prius Prime plug-in hybrid offers 640 miles of range, plus generous standard safety and appealing tech. Learn more about the Prius Prime or find one for sale near you
3rd Place: 2020 Hyundai Ioniq Plug-in Hybrid
Predicted 5-Year Cost to Own: $34,246
With the assurance of lifetime-battery-coverage, 27 miles of pure electric range, and Hyundai’s 10-year/100,000-mile powertrain warranty, the Ioniq PHEV lives to be a low-cost-to-own leader. Learn more about the Ioniq Plug-in Hybrid or find one for sale near you