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2023 Toyota Corolla Hybrid
#5 Best Hybrid Cars of 2023

Used 2023 Toyota Corolla Hybrid

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2025
2023
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Hybrid Variation Available

Fuel Economy
47 - 50 combined mpg
Horsepower
134 hp
Curb Weight
2,850 pounds
Engine
4-Cyl, Hybrid, 1.8 Liter
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2023 Toyota Corolla Hybrid Review

Eric Brandt

By Eric Brandt

Updated January 30, 2025

Eric Brandt is a Senior Editor for Cox Automotive, specializing in expert reviews for Kelley Blue Book and Autotrader. Eric helps shoppers find the right car for their needs, wants, and budget. Eric started writing for Cox Automotive as a freelancer in 2017 and entered his current role in 2022. In addition to car reviews, Eric’s work on KBB and Autotrader has included lists, comparisons, advice, Oversteer articles and videos, and even motorcycle and ATV content.

Pros

  • Excellent fuel economy
  • Available AWD
  • Many standard tech features

Cons

  • Trunk not as roomy as others

What's New?

  • Revised hybrid system
  • Optional AWD
  • Refreshed styling
  • Updated tech features

If you like the idea of a practical and affordable compact car with hybrid efficiency, you’ll love the Toyota Corolla Hybrid. It gets a pretty big update for the 2023 model year with refreshed styling, a revised hybrid powertrain with higher output, updated tech features, and available all-wheel drive (AWD).

Another big update is the fact that it now has three trims rather than just one in previous years. That means more variety to appeal to a broader range of buyers. The Hyundai Elantra Hybrid is another ultra-efficient compact sedan.

2023 Toyota Corolla Hybrid Pricing

2023 Toyota Corolla Hybrid pricing starts at $23,071 for the Corolla Hybrid LE Sedan 4D, which had a starting MSRP of $23,895 when new. The range-topping 2023 Corolla Hybrid XLE Sedan 4D starts at $23,611 today, originally priced from $27,695.

Original MSRP
KBB Fair Purchase Price (national avg.)
$23,895
$23,071
$26,295
$23,189
$27,120
$23,175
$27,695
$23,611

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Toyota Corolla Hybrid models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Toyota Corolla Hybrid

The Toyota Corolla Hybrid is powered by a 138-hp hybrid 4-cylinder engine matched with an electronically controlled CVT automatic transmission and front- or all-wheel drive.

In our experience, the Corolla Hybrid is an agreeable car to drive with easy driving dynamics. We’re not surprised about where this car’s priorities lie. The trade-off for its excellent fuel economy ratings is less power and torque than the non-hybrid version of the Corolla. In our testing, the Corolla Hybrid gets around just fine in city driving, but getting up to highway speed and passing on the highway requires some patience.

We also noticed that the brakes are a bit grabby, which is typical for hybrids. If you’re already experienced with hybrids, you may not even notice. However, if you drive a Corolla Hybrid as your first hybrid, the brake feel may take some getting used to.

We’ve spent hundreds of hours driving and evaluating the current collection of hybrid cars, including this Toyota Corolla Hybrid.

Fuel Economy

The Toyota Corolla Hybrid gets a combined fuel economy rating of up to 50 mpg with FWD and 48 mpg with AWD. For reference, the most efficient version of the non-hybrid Corolla gets up to 35 combined mpg. According to EPA estimates, the hybrid saves you about $37 per month, which can quickly make up for the modest price premium over the non-hybrid.

The Hyundai Elantra hybrid gets a better highway fuel economy rating giving it a maximum combined rating of up to 54 mpg. However, that only translates to fuel savings of about $4/month compared to the Corolla Hybrid.

Interior Comfort

The Toyota Corolla Hybrid has a pleasant interior. The front seats are all-day comfortable, and the rear seats are roomy enough for most adults. Now that the Corolla Hybrid is available in three trims rather than just one, it has more premium options available. The top XLE model has SofTex seats, a 7-inch driver information screen, and an optional JBL audio system.

The repackaged lithium-ion battery under the rear seats should yield more trunk space, but the trunk is still pretty small, even in the non-hybrid Corolla sedan. Consider the Toyota Prius hatchback if you want a compact hybrid with more cargo flexibility.

Exterior Styling

The Corolla Hybrid gets slightly refreshed styling for 2023. It has revised front and rear designs and is now available in three trims, so there’s a little more visual variety in its model range. The SE trim has a sporty appearance package, and the XLE trim has a more upscale look.

Favorite Features

1. Efficient hybrid powertrain
The Toyota Corolla Hybrid uses an efficient hybrid powertrain that’s good on gas. It’s been revised for 2023 with two more magnets for increased output and a lithium-ion battery under the rear seats to make more trunk space. It gets a combined fuel economy rating of up to 50 mpg.

2. Available AWD
All-wheel drive is an uncommon option in this class. The Corolla Hybrid will be the only variant of the Corolla with available AWD, a desirable feature you can’t get on the Hyundai Elantra Hybrid.

3. Toyota Safety Sense 3.0
This updated suite of safety tech bundles many driver assistance features. It has full-speed adaptive cruise control, automatic emergency braking, lane-keep assist, automatic high beams, and more.

4. 8-inch Toyota Audio Multimedia
This user-friendly touchscreen is loaded with connectivity features like Android Auto and Apple CarPlay. It’s easy to bring the maps, music, and more from your phone to the screen in your Corolla Hybrid.

5. Excellent hybrid battery warranty
Toyota hybrids have a good track record for reliability. Toyota adds peace of mind to the Corolla Hybrid with a 10-year/150,000-mile warranty on the hybrid battery.

6. Intelligent Assistant
This optional feature makes the infotainment system in the Corolla Hybrid a little smarter. Say “Hey, Toyota” to access directions, audio, climate controls, and more, all through voice commands.

Engine & Transmission

The Toyota Corolla Hybrid uses a conventional hybrid powertrain that’s received some revisions for 2023. It’s a 1.8-liter Atkinson cycle 4-cylinder engine mated to dual permanent magnet synchronous electric motors. Additionally, it has a compact, high-output/low-loss drive motor with two additional magnets over the old system. Finally, a new lithium-ion battery is located under the rear seat to make more room in the trunk and lower the center of gravity.

The Corolla Hybrid produces 138 horsepower and 105 lb-ft of torque. It’s rated at 50 combined mpg with FWD and 48 mpg with AWD.

One of the most exciting updates for 2023 is the addition of all-wheel drive as an option. Alongside the Toyota Prius, the Corolla Hybrid is one of the only compact hybrid models you can get with AWD.


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2023 Toyota Corolla Hybrid
KBB.com Consumer Reviews

4.1
Consumer Rating
Based on 97 Consumer Reviews
Write a Review
77%Recommend this vehicle
5
58%
5
58%
4
20%
4
20%
3
8%
3
8%
2
1%
2
1%
1
13%
1
13%
Value
4.1
Performance
3.8
Quality
4.0
Comfort
3.9
Reliability
4.3
Styling
4.2

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2023 Toyota Corolla Hybrid Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Seating
LE Sedan 4D
$23,071
50 MPG
134 @ 5200 RPM
4-Cyl, Hybrid, 1.8 Liter
5
SE Infrared Sedan 4D
$23,175
47 MPG
134 @ 5200 RPM
4-Cyl, Hybrid, 1.8 Liter
5
SE Sedan 4D
$23,189
47 MPG
134 @ 5200 RPM
4-Cyl, Hybrid, 1.8 Liter
5
XLE Sedan 4D
$23,611
50 MPG
134 @ 5200 RPM
4-Cyl, Hybrid, 1.8 Liter
5
See Full Specs for All 2023 Toyota Corolla Hybrid Styles
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2023 Toyota Corolla Hybrid Depreciation

A 2023 Toyota Corolla Hybrid has depreciated $2,983 or 12% in the last 2 years and has a current resale value of $20,912 and trade-in value of $18,776.

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2023 Toyota Corolla Hybrid
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2023 Toyota Corolla Hybrid Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$23,895
$23,895
2024
$3,784
$20,111
$17,866
Now
+ $801
$20,912
$18,776
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2-Year Forecasted Depreciation

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

2023 Toyota Corolla Hybrid 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.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
2850 lbs.
EPA Passenger
88.6 cu.ft.
Fuel Capacity
11.3 gallons
Front Head Room
38.3 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.3 inches
Overall Length
182.3 inches
Front Shoulder Room
54.0 inches
Trunk or Cargo Capacity
13.1 cu.ft.
Turning Diameter
35.6 feet
Wheel Base
106.3 inches
Width with mirrors
70.1 inches

Exterior

Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors
LED Headlights
Available

Fuel Economy

City
53 mpg
Highway
46 mpg
Combined
50 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic
Recommended Fuel
Regular
Hill Start Assist
Available

Performance

Horsepower-Combined
134 @ 5200 RPM
Torque
156 @ 3600 rpm
Engine
4-Cyl, Hybrid, 1.8 Liter

Warranty

Basic
3 years / 36000 miles
Powertrain
5 years / 60000 miles
Corrosion
5 years / Unlimited miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release

Entertainment

  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Folding Rear Seat
  • Cloth Seats

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry
  • Internet Access
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Voice Recognition System

2023 Toyota Corolla Hybrid Safety

2023 Toyota Corolla Hybrid Safety Technology

Pre-Collision System

Standard automatic emergency braking with pedestrian detection can help mitigate or prevent a collision.

Dynamic Radar Cruise Control

This standard feature makes highway driving safer and easier by keeping a set distance from the car in front of you.

Lane Departure Alert with Steering Assist

The Corolla Hybrid helps you stay in your lane with this standard feature.

5.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
5.0
Side Barrier
5.0
Rollover Rating
4.0
Side Crash
5.0

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Hyundai Sonata Hybrid
See Details
Price
$23,071
$19,913
$24,920
$22,729
KBB.com Rating
4.4
4.6
4.5
4.4
Consumer Rating
4.1
4.1
4.1
4.2
Fuel Economy
City 53/Hwy 46/Comb 50 MPG
City 53/Hwy 56/Comb 54 MPG
City 53/Hwy 46/Comb 50 MPG
City 45/Hwy 51/Comb 47 MPG
Fuel Type
HybridLeafIcon
N/A
HybridLeafIcon
N/A
Safety Rating
5.0
5.0
5.0
5.0
Seating Capacity5555
Basic Warranty
3 years or 36000 miles
5 years or 60000 miles
3 years or 36000 miles
5 years or 60000 miles
Horsepower
134 @ 5200 RPM
139 @ 5700 RPM
138 @ 5200 RPM
192 @ 6000 RPM
Engine
4-Cyl, Hybrid, 1.8 Liter
4-Cyl, Hybrid, GDI, 1.6 Liter
4-Cyl, Hybrid, 1.8 Liter
4-Cyl, Hybrid, GDI, 2.0 Liter
Drivetrain
FWD
FWD
FWD
FWD

2023 Toyota Corolla Hybrid Rankings

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FAQs

Is the 2023 Toyota Corolla Hybrid a good car?

The Toyota Corolla Hybrid is an efficient compact sedan with modern tech features and available all-wheel drive, all at an affordable price point.

How much is a 2023 Toyota Corolla Hybrid?

The Toyota Corolla Hybrid starts at $22,800.

How many miles can a 2023 Toyota Corolla Hybrid last?

Hybrid Toyota models have a long track record of reliability and low maintenance costs. The hybrid battery in the Corolla Hybrid comes with a 10-year/150,000-mile warranty.

Is the 2023 Toyota Corolla Hybrid a good vehicle?

Yes, the 2023 Toyota Corolla Hybrid is a good car, as reflected by its above-average Kelley Blue Book rating of 4.4 out of 5.

What is the MPG for a 2023 Toyota Corolla Hybrid?

2023 Toyota Corolla Hybrid city/highway fuel economy ratings range from 50/43 mpg to 53/46 mpg, depending on trim and equipment.

How much should a 2023 Toyota Corolla Hybrid cost?

Used 2023 Toyota Corolla Hybrid prices currently range from $23,071 for the LE Sedan 4D to $23,611 for the XLE Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Toyota Corolla Hybrid?

The cheapest 2023 Toyota Corolla Hybrid is the LE Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $23,071.

Is the 2023 Toyota Corolla Hybrid reliable?

The 2023 Toyota Corolla Hybrid is part of the 12th-generation Corolla Hybrid, which our owners give an above-average reliability rating of 4.3 out of 5.

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