Toyota Corolla Hatchback depreciation: value by age
Value kept after 3 years
84%
- Loses 16% in 3 years.
- 2023 SE FWD. New: $24,250. Now: $20,400.
- Median sedan at 3 years: 66% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | SE FWD | $24,600 | $21,900 | KBB fair price | 89% | $2,700 | $1,350 |
| 2023 | 3 | SE FWD | $24,250 | $20,400 | KBB fair price | 84% | $3,850 | $1,283 |
| 2022 | 4 | SE FWD | $23,260 | $19,400 | KBB fair price | 83% | $3,860 | $965 |
| 2021 | 5 | SE FWD | $22,810 | $18,600 | KBB fair price | 82% | $4,210 | $842 |
| 2020 | 6 | SE FWD | $22,760 | $17,050 | KBB fair price | 75% | $5,710 | $952 |
| 2019 | 7 | SE FWD | $22,195 | $15,800 | KBB fair price | 71% | $6,395 | $914 |
- Biggest drop
- Age 5 to age 6: $1,500 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $21,040 | $21,074 | $20,200 | $17,524 | $15,273 |
| 2023 | $24,250 | $20,879 | $19,765 | $18,550 | $16,094 | $14,028 |
| 2022 | $22,163 | $19,247 | $17,089 | $17,750 | $16,093 | $14,619 |
| 2021 | $20,018 | $18,069 | $14,597 | $17,000 | $14,955 | $13,128 |
| 2020 | $17,503 | $15,186 | $14,151 | $15,600 | $13,417 | $11,484 |
| 2019 | $15,959 | $14,241 | $12,434 | $14,400 | $12,556 | $10,901 |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate