2020 Toyota Corolla monthly payment by trim
Monthly payment, 2020 Toyota Corolla
$391a month
- L CVT FWD, 60 months, 10% down.
- Needs about $47,000 a year.
10% down. 7.0% APR. 60 months. 6% tax.
| Trim | MSRP + destination | Tax 6% | Financed | 60 months | 72 months | 84 months | Interest, 60 months |
|---|---|---|---|---|---|---|---|
| L CVT FWD | $20,595 | $1,236 | $19,771 | $391 | $337 | $298 | $3,718 |
| L FWD | $20,595 | $1,236 | $19,771 | $391 | $337 | $298 | $3,718 |
| L FWD | $20,595 | $1,236 | $19,771 | $391 | $337 | $298 | $3,718 |
| LE CVT FWD | $21,045 | $1,263 | $20,203 | $400 | $344 | $305 | $3,800 |
| LE FWD | $21,045 | $1,263 | $20,203 | $400 | $344 | $305 | $3,800 |
| LE FWD | $21,045 | $1,263 | $20,203 | $400 | $344 | $305 | $3,800 |
| SE CVT FWD | $23,045 | $1,383 | $22,123 | $438 | $377 | $334 | $4,161 |
| SE FWD | $23,045 | $1,383 | $22,123 | $438 | $377 | $334 | $4,161 |
| SE FWD | $23,045 | $1,383 | $22,123 | $438 | $377 | $334 | $4,161 |
| Nightshade CVT FWD | $23,745 | $1,425 | $22,795 | $451 | $389 | $344 | $4,287 |
| Nightshade FWD | $23,745 | $1,425 | $22,795 | $451 | $389 | $344 | $4,287 |
| SE Manual FWD | $23,745 | $1,425 | $22,795 | $451 | $389 | $344 | $4,287 |
| SE Nightshade Edition FWD | $23,745 | $1,425 | $22,795 | $451 | $389 | $344 | $4,287 |
| Hybrid LE CVT FWD | $24,095 | $1,446 | $23,131 | $458 | $394 | $349 | $4,350 |
| Hybrid LE FWD | $24,095 | $1,446 | $23,131 | $458 | $394 | $349 | $4,350 |
| XLE CVT FWD | $25,045 | $1,503 | $24,043 | $476 | $410 | $363 | $4,522 |
| XLE FWD | $25,045 | $1,503 | $24,043 | $476 | $410 | $363 | $4,522 |
| XLE FWD | $25,045 | $1,503 | $24,043 | $476 | $410 | $363 | $4,522 |
| XSE CVT FWD | $26,545 | $1,593 | $25,483 | $505 | $434 | $385 | $4,793 |
| XSE FWD | $26,545 | $1,593 | $25,483 | $505 | $434 | $385 | $4,793 |
| XSE FWD | $26,545 | $1,593 | $25,483 | $505 | $434 | $385 | $4,793 |
Salary needed
| Rule | Down | Term | Payment | Salary needed |
|---|---|---|---|---|
| Payment under 10% of gross pay | 10% | 60 months | $391 | $47,000 |
| 20/4/10: 20% down, 4 years, under 10% of pay | 20% | 48 months | $424 | $50,900 |
Both rules use the payment only. Insurance not included.
What this cannot tell you
MSRP. Dealer price, incentives and insurance differ.
Tax and fees vary by state.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree