Toyota Corolla depreciation: value by age
Value kept after 3 years
77%
- Loses 23% in 3 years.
- 2023 LE FWD. New: $25,235. Now: $19,400.
- 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 | LE FWD | $23,145 | $20,700 | KBB fair price | 89% | $2,445 | $1,223 |
| 2023 | 3 | LE FWD | $25,235 | $19,400 | KBB fair price | 77% | $5,835 | $1,945 |
| 2022 | 4 | L FWD | $21,420 | $16,950 | KBB fair price | 79% | $4,470 | $1,118 |
| 2021 | 5 | L FWD | $21,020 | $15,050 | KBB fair price | 72% | $5,970 | $1,194 |
| 2020 | 6 | L CVT FWD | $20,595 | $15,050 | KBB fair price | 73% | $5,545 | $924 |
| 2019 | 7 | L | $19,655 | $13,800 | KBB fair price | 70% | $5,855 | $836 |
| 2018 | 8 | L CVT FWD | $19,520 | $13,300 | KBB fair price | 68% | $6,220 | $778 |
| 2017 | 9 | L CVT FWD | $19,385 | $13,150 | KBB fair price | 68% | $6,235 | $693 |
| 2016 | 10 | 4dr Sdn Man L FWD | $18,785 | $11,750 | KBB fair price | 63% | $7,035 | $704 |
| 2015 | 11 | 4dr Sdn Man L FWD | $18,385 | $10,650 | KBB fair price | 58% | $7,735 | $703 |
| 2014 | 12 | 4dr Sdn Man L FWD | $18,225 | $10,000 | KBB fair price | 55% | $8,225 | $685 |
| 2013 | 13 | 4dr Sdn Man L FWD | $17,855 | $8,500 | KBB fair price | 48% | $9,355 | $720 |
| 2012 | 14 | 4dr Sdn Man L FWD | $16,890 | $8,825 | KBB fair price | 52% | $8,065 | $576 |
| 2011 | 15 | FWD | $17,784 | $7,350 | KBB fair price | 41% | $10,434 | $696 |
| 2010 | 16 | 4dr Sdn Man FWD | $17,584 | $6,175 | KBB fair price | 35% | $11,409 | $713 |
| 2009 | 17 | FWD | $17,927 | $5,650 | KBB fair price | 32% | $12,277 | $722 |
- Biggest drop
- Age 2 to age 3: $3,390 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 | $22,966 | $19,967 | $18,950 | $16,438 | $14,325 |
| 2023 | $25,235 | $20,308 | $18,965 | $17,600 | $15,264 | $13,299 |
| 2022 | $20,258 | $19,354 | $16,798 | $16,150 | $14,644 | $13,305 |
| 2021 | $17,650 | $16,430 | $13,897 | $13,850 | $12,183 | $10,694 |
| 2020 | $16,584 | $15,095 | $12,746 | $14,000 | $12,040 | $10,305 |
| 2019 | $14,175 | $12,447 | $11,561 | $12,750 | N/A | N/A |
| 2018 | $13,453 | $11,457 | $10,869 | $12,300 | N/A | N/A |
| 2017 | $11,121 | $10,602 | $10,087 | $10,750 | N/A | N/A |
| 2016 | $10,094 | $9,843 | $9,225 | $10,600 | N/A | N/A |
| 2015 | $9,416 | $7,960 | $7,954 | $9,775 | N/A | N/A |
| 2014 | $9,696 | $9,319 | $8,931 | $8,725 | N/A | N/A |
| 2013 | $7,386 | $6,471 | $5,912 | $7,625 | N/A | N/A |
| 2012 | $6,406 | $6,162 | $5,581 | $6,750 | N/A | N/A |
| 2011 | $6,493 | $5,797 | $5,515 | $6,550 | N/A | N/A |
| 2010 | $5,216 | $5,018 | $4,923 | $5,450 | N/A | N/A |
| 2009 | $5,100 | $5,143 | $4,789 | $5,025 | N/A | N/A |
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