Used 2024 Toyota Corolla for Sale nearMemphis, TN

Compare 2024 Toyota Corolla Trims in Memphis, TN

The 2024 Toyota Corolla offers a range of trims that balance affordability, efficiency, and features, making it a great choice for various drivers.

• Starting at $20,510
• Best MPG/MPGe: 32 city / 41 hwy
• Most Popular: LE FWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

LE FWD — "Who It's For"

The LE FWD is the pick for shoppers who want a well-equipped compact car without breaking the bank. It's the most popular trim, offering great value.

• Avg. market price: $20,510 (updated weekly)
• MPG/MPGe: 32 city / 41 hwy
• Inventory: 399 listings — widest selection in the lineup
• View LE FWD listings

SE FWD — "Who It's For"

The SE FWD is the pick for shoppers who want a sporty look and additional features without stepping up to the higher trims.

• Avg. market price: $26,215 (updated weekly)
• MPG/MPGe: 32 city / 41 hwy
• Inventory: 107 listings — widest selection in the lineup
• View SE FWD listings

Nightshade FWD — "Who It's For"

The Nightshade FWD is the pick for shoppers who want a stylish and unique Corolla without going for the top-tier options.

• Avg. market price: $21,181 (updated weekly)
• MPG/MPGe: 32 city / 41 hwy
• Inventory: 8 listings — lower availability; may limit negotiating room
• View Nightshade FWD listings

XSE FWD — "Who It's For"

The XSE FWD is the pick for shoppers who want a fully loaded compact car with all the premium features.

• Avg. market price: $21,181 (updated weekly)
• MPG/MPGe: 32 city / 41 hwy
• Inventory: 26 listings
• View XSE FWD listings

Trim Recommendations

Most Popular — LE FWD

With 399 active listings, the LE FWD is the clear volume leader in the lineup.

Browse LE FWD listings

Best Budget Option — LE FWD

At $20,510 avg market price — below the lineup median of $21,181 — it's the most accessible entry point.

Browse LE FWD listings

Best for Fuel Economy — LE FWD

The LE FWD offers the best fuel efficiency in the lineup with 32/41 MPG.

Browse LE FWD listings

These recommendations are based on CarGurus' proprietary market data from September 2, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2024 Toyota Corolla cost?

Prices have softened 3.65% compared to this time last year, making it a favorable time to shop this model year.

There are 7,819 listings available, which suggests solid inventory for shoppers comparing prices and trims.

If you find a listing below $19,846.74, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 Toyota Corolla a good car?

Yes — the 2024 Toyota Corolla earns a 5/5 user rating, which points to strong shopper satisfaction. The Corolla stands out because it combines practical everyday transportation with a broader range of body styles and powertrains than many compact-car buyers expect. You can shop a sedan or hatchback, choose a hybrid sedan, or look at AWD on select sedan and hybrid versions, so it fits a wide range of commuting and efficiency needs. 34.3% of listings are priced as good or great deals, which gives you room to shop selectively.

Is the 2024 Toyota Corolla reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The Corolla is described as well engineered and built to last, with efficiency and dependability as clear strengths. It also benefits from modern equipment that helps it feel more current without losing its practical focus. For used buyers, the main long-term ownership risk is less about the car’s core durability and more about finding one that has been maintained well and not worn down by heavy use.

What should I look for when buying a used 2024 Toyota Corolla?

Accident-free inventory is solid at 84.6% — always verify the vehicle history report.

You should still run a history report on any Corolla you’re considering, even if the listing looks clean at first glance. Prioritize a pre-purchase inspection that checks overall condition, since used compact cars can vary a lot in wear depending on mileage and commuting history. Focus on maintenance records, tire and brake condition, and whether the features you want are actually present on the trim you’re viewing.

Is now a good time to buy a used 2024 Toyota Corolla?

This is a moderate, selective buyer’s market, so you can shop patiently but should move quickly on standout listings.

• Deal availability: 34.3% of listings are priced as good or great deals.
• Inventory: There are 7,819 listings available.
• Price trend: Prices have softened 3.65% compared with last year.
• Clean inventory: 84.6% of listings are accident-free.

If you find a listing below $19,846.74, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Toyota Corolla's resale value?

The current average of $21,163 sits slightly below last year's $21,965.

That softer pricing can help you buy at a more favorable point in the cycle, but it also means future resale gains may be more limited if the market stays soft. For a seller, the Corolla’s broad appeal still matters because practical, efficient compact cars tend to attract steady interest. A well-kept example with the right equipment and clean history should be easier to move than one with visible wear or incomplete records.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Toyota Corolla or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 34.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 84.6% — always verify the vehicle history report.
• Price trend: Prices have softened 3.65% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2025 if:

• At $22,972, the 2025 costs more than the current year's $21,163 average.
• It adds a more rewarding driving character and an FX sedan with sport-tuned hardware.

The bottom line: If you want the better value today, the 2024 is the stronger buy because it combines lower pricing with solid inventory and strong satisfaction. If you’re willing to pay more for a newer model with a more engaging feel, the 2025 is the better secondary path for buyers who prioritize that upgrade over savings.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.