Pricing
Cars For Sale
KBB.com Expert Review
You'll Like This Car If...
If you're looking for a compact sedan with a reputation for reliability, great resale value and good fuel economy, the Corolla tops a very short list.
You May Not Like This Car If...
If you're looking for a small sedan with cutting-edge styling and a long list of standard features, the Corolla may not be your cup of tea. Those looking for a more stylish interior and the latest high-end options might want to check out the Mazda Mazda3 or Volkswagen Rabbit.
What's New for 2007
The XRS model has been discontinued for 2007.
Consumer Reviews
Based on 1412 ratings for the 2003 - 2008 models.
Jer
September 02, 2018
This reliable vehicle pays for itself.
After a water pump replacement under the warrantee there has been no need for repairs, except routine replacement of rubber items. ...
Elbek
November 15, 2017
by far the best car I have ever had
This is car is simply best, for the value you get is unmatched, have driven close to 40K from 69k to 104K and has been most reliable car...
Ric
October 14, 2017
This is my Baby!
l have owned this car from the beginning at 15 miles. I bought it new and have taken great care of it since 2003. I have all of the...
SuzyQ
June 05, 2017
Toyota is the best made car out here.
I love Toyota...they really never need any major repairs, and they keep so rust free for so long...this cars interior and exterior both...
Johnny
May 29, 2017
Reliable Pocket Rocket
I bought this car from nearly 155k miles and fixed up some of the usual things that wear down on older cars and have not had problems...
Allan
April 22, 2017
So reliable
My corolla is now at 197K still running perfectly especially the AC. The only thing is the right air vents has the heat only. I live in...
Chisnowbird
March 28, 2017
Silver Toyota Corolla S with Sunroof!
This car is in excellent condition, gets great gas mileage, and has a sunroof.
Bill
March 13, 2017
Most reliable
This is the most reliable, trouble free vehicle I have ever owned. In 13 years of driving this car I have only had it in for repair...
codeblue0789
February 02, 2017
Best vehicle ever
We bought this car brand new in 2004 and it has been through 5 drivers in the family and now me. I take this car to college 25 miles one...
Martin
January 01, 2017
Very dependable car with great MPG.
This car was bought new after several disappointing used cars and proved to be an excellent choice. Very dependable, always starts and...
Gallery
Specs
Fuel Economy
Performance
Seating Capacity
Cargo/Interior Space
Basic Warranty
Safety Ratings
Similar Vehicles
KBB Editor's Overview
Settling for the most inexpensive car on the lot may not be the best way to get the most for your money. Take, for example, the Toyota Corolla Sedan. While it may be a bit more expensive than some competitors, the Corolla has an exemplary history of quality, longevity and reliability, not to mention a minimal appetite for fuel. Still, some shoppers will inevitably turn to the less-expensive and better-equipped models from Hyundai, Kia and Suzuki. But, buyer beware; for as these cars appear to offer more features and better styling for less money up front, when it comes trade-in time the Corolla owner will be laughing all the way to the bank.
You'll Like This Car If...
If you're looking for a compact sedan with a reputation for reliability, great resale value and good fuel economy, the Corolla tops a very short list.
You May Not Like This Car If...
If you're looking for a small sedan with cutting-edge styling and a long list of standard features, the Corolla may not be your cup of tea. Those looking for a more stylish interior and the latest high-end options might want to check out the Mazda Mazda3 or Volkswagen Rabbit.
What's New for 2007
The XRS model has been discontinued for 2007.
Driving It
Driving Impressions
No matter which trim level you choose, you'll get the same peppy 1.8-liter engine and five-speed manual transmission. Rated at 126 horsepower, the Corolla's engine uses a number of high-tech features to help it move quickly while sipping fuel at a miserly pace. Even with the optional four-speed automatic, the Corolla feels relatively quick on level surfaces, though it does struggle a bit in high elevations or with a carload of people onboard.
On the road, you'll find the Corolla a joy to drive. Its stable suspension returns a smooth ride, yet it's able to negotiate quick maneuvers without any loss of composure. Keep in mind the Corolla is not a sports car, but driven within reason the Corolla will always go where you point it and stop when you tell it to stop.
Favorite Features
Auto-Dimming Rearview Mirror
The auto-dimming rearview mirror, optional on the LE grade, includes a built-in compass.
Optional Vehicle Stability Control (VSC)
Perhaps the most important safety feature since the invention of the airbag, VSC can help avoid accidents by keeping the car traveling in its intended direction.
Vehicle Details
Interior
The Corolla touts a beautifully-detailed cabin with firm, supportive seats, grade-A quality plastics and a rear seat that can actually accommodate two adults in relative comfort. As with most cars in this class, the radio and heating controls are placed in the center section for ease of operation, though with the Corolla you may find that operating the radio requires a bit of a reach. There are bins and storage compartments galore, including four separate cup holders.
Exterior
The Corolla features a tall body that raises the bumper height a few inches, a feature that comes in handy when tapping bumpers with today's monster SUVs. The styling is subtle but pleasant. The sporty S model looks the best of the three trims, but offers no additional horsepower or performance enhancements.
Notable Standard Equipment
The Corolla CE features a 1.8-liter engine, five-speed manual transmission, air conditioning, rear defroster, digital clock, automatic headlamp control, power mirrors, AM/FM stereo with CD, tilt wheel, tachometer and full wheel covers. The S trim adds ground effects, fog lights, red illuminated instruments and a leather-wrapped steering wheel. The LE adds wood trim, power windows, power locks, Optitron instrumentation and remote keyless entry.
Notable Optional Equipment
Options vary by trim and include power windows, power locks, remote keyless entry, four-speed automatic transmission, rear spoiler, alloy wheels, power moonroof, auto-dimming inside mirror, anti-lock brakes (ABS), Vehicle Stability Control (VSC), audio upgrades, front side-impact airbags, front and rear side-curtain airbags and cruise control.
Under the Hood
The Corolla's 1.8-liter engine remains one of the best in the industry. Though no hot-rod, there is enough pep under the hood to move the Corolla briskly and the engine's miserly fuel consumption is among the best in this class.
1.8-liter in-line 4
126 horsepower @ 6000 rpm
122 lb.-ft. of torque @ 4200 rpm
EPA city/highway fuel economy: 32/41 (manual), 30/38 (automatic)
Pricing Notes
The entry-level CE has a Manufacturer's Suggested Retail Price (MSRP) of $14,825, the mid-level S starts at $15,870 and the luxurious LE is $16,035. Despite its outstanding resale value, Toyota dealers are more than willing to haggle over the Corolla's price. A look at the Fair Purchase Price shows that the Corolla is selling for between $500 and $800 over dealer invoice. That's right in line with the asking price of some less established competitors, making the Corolla an even better value. In the all-important world of resale values, the Corolla is at the top of its game. We expect the Corolla to handily outperform the Chevrolet Cobalt, Kia Spectra and Suzuki Reno, while remaining roughly on par with the Mazda3 and Volkswagen Rabbit. Only the Honda Civic earns a higher ranking.
