2016 Toyota Corolla Value – $8,363-$19,087 | Edmunds.
Amazingly, how many miles can a 2016 Toyota Corolla last? If you’re considering a Toyota Corolla, you may be wondering, “How long do Toyota Corollas last?” With regular service and maintenance, the Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles.
Beside above, do Toyota Corollas hold their value? A Toyota Corolla will depreciate 38% after 5 years and have a 5 year resale value of $13,937. The Toyota Corolla does very well in holding its value, and surprisingly, beats out its bigger cousin, the Camry, by quite a bit. … Our depreciation calculator will predict an expected resale value for the Toyota Corolla.
Quick Answer, how much is a used Toyota Corolla worth? Used 2016 Toyota Corolla Pricing Starting with a Manufacturer’s Suggested Retail Price (MSRP) of around $18,065 for the Corolla L and reaching over $24,000 for a Corolla S model loaded past the point of “a good value,” the 2016 Toyota Corolla resides right in the heart of the compact-sedan pricing spectrum.
Furthermore, how much is insurance for a 2016 Corolla? Average insurance rates for a 2016 Toyota Corolla are $1,332 a year for full coverage insurance. Comprehensive costs around $248, collision insurance costs $484, and liability coverage costs $442. Buying a liability-only policy costs as little as $496 a year, and high-risk insurance costs around $2,902.
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What are the worst years for Toyota Corolla?
Quick Answer: Avoid 2000, 2001, 2002, 2003, 2009, and 2014 Toyota Corollas. Throughout the lifespan of the Toyota Corolla, one of the most commonly reported problems is excessive oil usage in the engine.
What year Toyota Corolla is most reliable?
2011-2013. These three years of the 10th-gen Toyota Corolla go for relatively cheap, usually between $10,000-$12,000. They have high reliability ratings and good gas mileage (27-city/34-highway mpg).
Which year of Toyota Corolla is the best?
2014 Toyota Corolla: The Clermont Toyota Corolla has been a best-selling Toyota for decades – we’re talking back into the 70s. It certainly has staying power and recent iterations are no exception. If you’re shopping for this much-loved car, the best model year to shoot for is 2014.
How long do Toyota Corolla engines last?
The average Toyota engine will last between 250,000 miles to 300,000 miles. This means that the engine in your Toyota model should run in good condition for 16 to 20 years before wearing out.
How many miles do Toyota Corollas last?
Owning a Corolla means you probably won’t need to shop for a new car for many years. Auto experts and owners alike peg the vehicle’s life expectancy between 200,000 and 300,000 miles.
Are Toyota Corollas expensive to fix?
Cost. The average total annual cost for repairs and maintenance on a Toyota Corolla is $362, compared to an average of $526 for compact cars and $652 for all vehicle models.
Which model of Corolla is best?
Corolla XSE The XSE is the Corolla’s most top of the line model, with multi-LED headlights and LED accent lights, bumper-integrated LED daytime running lights, and rear combination taillights with LED backup lights to add to the sporty exterior.
What is the cheapest Toyota Corolla model?
The base Toyota Corolla sedan has a starting MSRP of $20,025, while the Corolla hatchback has a base price of $20,665. Both figures are slightly above average for a compact car. The top-of-the-line XSE trim starts at $23,615 for the Corolla hatchback and $25,925 for the sedan.
What problems do Toyota Corolla have?
Toyota Corolla Common Problems The previous Corolla generation (2009 through 2013) also seems to have held up well over time. The few complaints owners have reported include squeaky or grinding brakes, as well as excessive oil consumption in earlier models.
How much is insurance on a 2021 Corolla?
The average 2021 Toyota Corolla insurance cost is $116 per month, or $1,384 per year.