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Depreciation

2023 Toyota Corolla Hatchback Depreciation

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2023 Toyota Corolla Hatchback

A 2023 Toyota Corolla Hatchback has depreciated $3,779 or 15% in the last 2 years and has a current resale value of $20,471 and trade-in value of $18,650.

A 2023 Toyota Corolla Hatchback has depreciated $3,779 or 15% in the last 2 years and has a current resale value of $20,471 and trade-in value of $18,650.

Lower Loss of Value

The 2023 Toyota Corolla Hatchback is in the top 10-25% for depreciation among all 2023 Hatchbacks.

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2023 Toyota Corolla Hatchback
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2023 Toyota Corolla Hatchback Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$24,250
$24,250
2024
$3,624
$20,626
$18,615
Now
$155
$20,471
$18,650
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 Toyota Corolla Hatchback Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.

Recommended for Sale Near You

The following vehicles were selected for their clean titles, minimal accident history, and fewer previous owners to maximize long-term value and reduce depreciation.

Managing 2023 Toyota Corolla Hatchback Depreciation

Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.

Driving Habits

Use good driving habits
Limit your mileage

Maintenance and Upkeep

Perform regular maintenance
Maintain cleanliness
Keep your car protected

Service Advisor

Our specialized Service Advisor pages are tailored to your car's make and model, helping you stay on top of maintenance schedules, receive recall alerts, and more.

2023 Toyota Corolla Hatchback Service Advisor

FAQs

According to Kelley Blue Book, a 2023 Toyota Corolla Hatchback depreciated about 15% over the last three years. Generally the 2023 Toyota Corolla Hatchback is in the top 10-25% for depreciation among all 2023 Hatchbacks. However, depreciation can vary depending on vehicle condition and mileage.

According to Kelley Blue Book, the 2023 Toyota Corolla Hatchback is in the top 10-25% for depreciation among all 2023 Hatchbacks. Over the last 3 years it retained 85% of its value.

A 2023 Toyota Corolla Hatchback has depreciated an average of about $1,259 per year for the last 3 years. It has dropped a total of $3,779 in value in that time and has a current resale value of $20,471 and a trade-in value of $18,650. Generally the 2023 Toyota Corolla Hatchback is in the top 10-25% for depreciation among all 2023 Hatchbacks.

A 2023 Toyota Corolla Hatchback has depreciated 15% in the last 3 years and has a resale value of $20,471. Overall, the 2023 Toyota Corolla Hatchback is in the top 10-25% for depreciation among all 2023 Hatchbacks.

A 2023 Toyota Corolla Hatchback has depreciated 15% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.

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