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2024 Toyota Corolla
#3 Best Compact Cars of 2024

Used 2024 Toyota Corolla

4.4
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4.1
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2024 Toyota Corolla Exterior: 0
2024 Toyota Corolla Exterior: 1
Exterior (19)
2024 Toyota Corolla Interior: 0
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2026
2024
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Hybrid Variation Available

Fuel Economy
34 - 35 combined mpg
Horsepower
169 hp
Engine
4-Cyl, Dynamic-Force, 2.0 Liter
Cargo Volume
13.1 cu ft
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2024 Toyota Corolla Review

Eric Brandt

Updated January 30, 2025

Eric Brandt is a lead editor, with more than a decade of experience in automotive journalism. He has written extensively about cars and motorcycles and has produced video and social media content that helps vehicle shoppers make informed decisions. In addition to Kelley Blue Book and Autotrader, his work has appeared in The Drive, Cars & Bids, The Motley Fool, and others. Eric specializes in family vehicles guiding readers and viewers toward car choices that suit their needs, wants, and budgets. Eric lives in Wisconsin with his wife and six children, and spends his free time riding his Gold Wing, autocrossing his Corvette, and camping with his family.

Pros

  • Lots of standard safety tech
  • Great fuel economy
  • Good resale value

Cons

  • Rivals are roomier

What's New?

  • Nightshade trim

The Toyota Corolla has been in continuous production since 1966. In that time, it’s become a benchmark for safe, reliable, and practical personal transportation. Now in its 12th generation, the Corolla builds on that reputation with a modern spin on a proven formula. The styling and technology are thoroughly modern, but the Corolla still impresses on its historic strong suits with excellent safety scores and outstanding fuel economy.

The 50-mpg Corolla Hybrid sedan and sporty, flexible Corolla Hatchback are reviewed separately.

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

What's New for 2024

The Toyota Corolla adds the moody Nightshade trim to its lineup for 2024. It’s essentially an appearance package for the SE trim with dark exterior accents and stylish bronze-colored wheels.

2024 Toyota Corolla Pricing

2024 Toyota Corolla pricing starts at $19,350 for the Corolla LE Sedan 4D, which had a starting MSRP of $23,145 when new. The range-topping 2024 Corolla XSE Sedan 4D starts at $23,700 today, originally priced from $28,245.

Original MSRP
KBB Fair Purchase Price (national avg.)
$23,145
$19,350
$25,585
$21,200
$26,585
$21,400
$28,245
$23,700

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 2024 Toyota Corolla models in typical condition when purchasing from a dealership. These prices are updated weekly.

The pricing of the Corolla is around the middle of its class. More affordable options include the Nissan Sentra, Kia Forte, and Hyundai Elantra. The Mazda3 has a similar price tag, and the recently redesigned Honda Civic is a little pricier.

Before buying a Corolla, check the Kelley Blue Book Fair Purchase Price to know what you should really pay. The Toyota brand is the champion on our Best Resale Value awards list, and the Corolla’s resale value is above average for the segment.

Power, Ride, and Handling

The Toyota Corolla is motivated by a 169-horsepower 4-cylinder engine matched with a CVT automatic transmission and front-wheel drive. We’ve found it delivers enough pep to get around town and to cruise on the highway comfortably. Acceleration is quick enough for daily driving duties and an improvement over the weaker base engine in earlier model years of this Corolla generation. It gets a little more engaging to drive with the paddle shifters on the SE and XSE trims. Overall, the ride is compliant, the seats are comfortable, and it’s hard to find fault in how it drives.

Fuel Economy

The popular LE trim of the Corolla has a combined fuel economy rating of up to 35 mpg. It’s slightly more efficient — and a bit more powerful, too — than its entry-level counterparts in the compact sedan segment. If efficiency is a high priority, the Corolla Hybrid, reviewed separately, earns up to 50 mpg combined.

Nice Interior

We find the interior quality of the Corolla to be pretty good for a compact car at this price point. The standard cloth seats are comfortable, and the upper trims get SofTex faux leather seating. As for the 8-inch infotainment screen, we love that it has standard wireless Android Auto and Apple CarPlay and a traditional volume knob.

The rear seats have 34.8 inches of legroom, which is adequate for most adults but just okay for this class. The trunk has 13.1 cubic feet of volume, which is one of the smallest in this segment. We also found it oddly challenging to fold down the rear seats because of the awkward placement of the latches behind the headrests.

For reference, the roomier Honda Civic sedan boasts 37.4 inches of rear legroom and has a 14.8 cubic-foot trunk. If you want more cargo room and flexibility, consider the Corolla Hatchback.

Agreeable Exterior

The aesthetics of the Toyota Corolla are humble yet stylish. The SE and XSE trims look sportier than the base LE model, with revised front and rear fascias and 18-inch alloy wheels.

Favorite Features

Impressive Engine
The Corolla’s 169 horsepower is enough, and fuel economy of up to 40 mpg on the highway is fantastic.

Toyota Safety Sense 3.0
The standard safety tech suite in the Corolla bundles many desirable features. It has automatic emergency braking with pedestrian detection, lane-keep assist, adaptive cruise control, lane tracing assist, road sign assist, and automatic high beams.

8-inch Toyota Audio Multimedia
The standard 8-inch screen in the Corolla is loaded with features like wireless Android Auto and Apple CarPlay, dual Bluetooth phone connectivity, and over-the-air updates.

Intelligent Assistant
This optional feature on the Corolla adds a cool piece of modern tech to this compact. Just say, “Hey, Toyota,” and the infotainment system acts like a smart speaker responding to voice commands. You can use it to get directions, control the audio, change the temperature, and more.

Engine & Transmission

The Toyota Corolla is powered by a 2.0-liter 4-cylinder engine rated at 169 horsepower and 151 lb-ft of torque. Output is sent to the front wheels via automatic transmission (of the continuously variable variety). The Corolla is good on gas, returning up to 35 combined mpg in the base trim and 34 mpg in the two upper trims.

3-Year/36,000-Mile Warranty

The Toyota Corolla is backed by a 3-year/36,000-mile basic warranty and a 5-year/60,000-mile powertrain warranty. Toyota also throws in a 2-year/25,000-mile complimentary maintenance plan.

Safety

The Toyota Corolla has a strong track record for safety as a repeat winner of the IIHS Top Safety Pick award. On top of its good crash-test ratings, it’s well-equipped with standard safety features like automatic emergency braking, adaptive cruise control, lane-keep assist, and much more.


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New Toyota Corolla Deals and Incentives

APR

4.99% APR | 72 months

Get 4.99% APR for 72 months on a new 2026 Corolla Hybrid.

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End Date: 03/02/2026
LEASE

$229 /mo | 39 months | Due at Signing

Lease a new 2026 Corolla Hybrid LE for $229 per month for 39 months with $3,999 due at signing.

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End Date: 03/02/2026
See All Current Corolla Deals

2024 Toyota Corolla
KBB.com Consumer Reviews

4.1
Consumer Rating
Based on 99 Consumer Reviews
Write a Review
77%Recommend this vehicle
Value
4.1
Performance
3.9
Quality
4.0
Comfort
3.9
Reliability
4.3
Styling
4.2

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2024 Toyota Corolla Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
LE Sedan 4D
$19,350
35 MPG
169 @ 6600 RPM
4-Cyl, Dynamic-Force, 2.0 Liter
13.1 cu ft
151 lb-ft
2955 lbs
SE Sedan 4D
$21,200
34 MPG
169 @ 6600 RPM
4-Cyl, Dynamic-Force, 2.0 Liter
13.1 cu ft
151 lb-ft
3110 lbs
Nightshade Sedan 4D
$21,400
34 MPG
169 @ 6600 RPM
4-Cyl, Dynamic-Force, 2.0 Liter
13.1 cu ft
151 lb-ft
3110 lbs
XSE Sedan 4D
$23,700
34 MPG
169 @ 6600 RPM
4-Cyl, Dynamic-Force, 2.0 Liter
13.1 cu ft
151 lb-ft
3150 lbs
See Full Specs for All 2024 Toyota Corolla Styles
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2024 Toyota Corolla Depreciation

A 2024 Toyota Corolla has depreciated $5,345 or 23% in the last 2 years and has a current resale value of $17,800 and trade-in value of $16,350.

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2024 Toyota Corolla
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2024 Toyota Corolla Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2024
-
$23,145
$23,145
2025
$1,168
$21,977
$19,814
Now
$4,177
$17,800
$16,350
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2-Year Forecasted Depreciation

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

2024 Toyota Corolla 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
2955 lbs.
EPA Passenger
88.6 cu.ft.
Fuel Capacity
13.2 gallons
Front Head Room
38.3 inches
Front Leg Room
42.0 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.3 inches
Overall Length
182.5 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
32 mpg
Highway
41 mpg
Combined
35 mpg

Mechanical

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

Performance

Horsepower
169 @ 6600 RPM
Torque
151 @ 4400 rpm
Engine
4-Cyl, Dynamic-Force, 2.0 Liter

Warranty

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

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release
  • Integrated Garage Door Opener

Entertainment

  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • 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

2024 Toyota Corolla Safety

Safety Features & Technology

2023 features shown. 2024 may differ.

Dynamic Radar Cruise Control

Full-speed adaptive cruise control adds safety and comfort to highway driving by automatically keeping a safe and steady distance from the car in front of you.

Pre-Collision System

This automatic emergency braking system includes pedestrian detection. It comes standard on every Corolla.

Lane Departure Alert

This standard system warns the driver if you’re drifting out of your lane, and a steering assist feature can help keep you safely in your lane.

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

Compare to Similar Vehicles

Toyota Corolla
Used 2024
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Hyundai Elantra
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Nissan Sentra
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Nissan Sentra
See Details
Price
$19,350
$22,100
$20,800
$18,000
KBB.com Rating
4.4
4.7
4.6
4.0
Consumer Rating
4.1
3.8
4.2
3.9
Fuel Economy
City 32/Hwy 41/Comb 35 MPG
City 31/Hwy 40/Comb 35 MPG
City 31/Hwy 40/Comb 34 MPG
City 30/Hwy 40/Comb 34 MPG
Fuel Type
Gas
N/A
N/A
N/A
Safety Rating
5.0
5.0
N/A
N/A
Seating Capacity5555
Basic Warranty
3 years or 36000 miles
3 years or 36000 miles
5 years or 60000 miles
3 years or 36000 miles
Horsepower
169 @ 6600 RPM
158 @ 6500 RPM
147 @ 6200 RPM
149 @ 6000 RPM
Engine
4-Cyl, Dynamic-Force, 2.0 Liter
4-Cyl, i-VTEC, 2.0 Liter
4-Cyl, 2.0 Liter
4-Cyl, 2.0 Liter
Drivetrain
FWD
FWD
FWD
FWD

2024 Toyota Corolla Rankings

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FAQs

Is the 2024 Toyota Corolla a good vehicle?

Yes, the 2024 Toyota Corolla 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 2024 Toyota Corolla?

2024 Toyota Corolla city/highway fuel economy ratings range from 31/40 mpg to 32/41 mpg, depending on trim and equipment.

How much should a 2024 Toyota Corolla cost?

Used 2024 Toyota Corolla prices currently range from $19,350 for the LE Sedan 4D to $23,700 for the XSE Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Toyota Corolla?

The cheapest 2024 Toyota Corolla is the LE Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $19,350.

Is the 2024 Toyota Corolla reliable?

The 2024 Toyota Corolla is part of the 12th-generation Corolla, which our owners give an above-average reliability rating of 4.3 out of 5.

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