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2023 Toyota Corolla hybrid vs gas: is the hybrid worth it?

Hybrid LE FWD vs LE FWD

Yes. Pays back in 4.1 years.

4.1years to pay back

Pick another car

$0$1,000$2,000$3,000$4,00012345Year 5678910Your 6 yearsPrice gap $1,350
Bars: total energy saving after each year. Dashed line: the $1,350 price gap. Orange bar: the saving passes the gap.

Every hybrid pair

2023 Toyota Corolla hybrid vs gas: every pair
PairMSRPRatingEnergy a yearPrice gapSaves a yearPaybackAhead after 6 years
Hybrid LE FWD
LE FWD
$23,050
$21,700
50 mpg
35 mpg
$768
$1,097
$1,350$3294.1 yearsHybrid, $625
Hybrid LE AWD
LE FWD
$24,450
$21,700
48 mpg
35 mpg
$800
$1,097
$2,750$2979.3 yearsGas, $967
Hybrid SE FWD
SE FWD
$25,490
$24,140
47 mpg
34 mpg
$817
$1,129
$1,350$3124.3 yearsHybrid, $524
Hybrid SE Infrared FWD
LE FWD
$26,025
$21,700
47 mpg
35 mpg
$817
$1,097
$4,325$28015.4 yearsGas, $2,644
Hybrid XLE FWD
LE FWD
$26,850
$21,700
50 mpg
35 mpg
$768
$1,097
$5,150$32915.6 yearsGas, $3,175
Hybrid SE AWD
SE FWD
$26,890
$24,140
44 mpg
34 mpg
$873
$1,129
$2,750$25710.7 yearsGas, $1,210
Hybrid SE Infrared AWD
LE FWD
$27,425
$21,700
44 mpg
35 mpg
$873
$1,097
$5,725$22425.5 yearsGas, $4,378

What changes the answer

  • Gas price for a 6-year payback: $2.19.
  • Miles a year for a 6-year payback: 8,200.

What you give up

Hybrid LE FWD vs LE FWD: other differences
MeasureHybridGasChange
Horsepower138 hp169 hp-31 hp
Torque156 lb-ft151 lb-ft+5 lb-ft
Cargo, seats up13.1 cu ft13.1 cu ftabout the same
Cargo, seats down13.1 cu ft13.1 cu ftabout the same
Curb weight2,850 lb2,955 lb-105 lb

What this cannot tell you

Incentives, insurance, upkeep and resale are not included.

Your own mpg will differ.

How values are checked