New & Used 2026 Toyota Corolla for Sale nearMemphis, TN

Compare 2026 Toyota Corolla Trims in Memphis, TN

The 2026 Toyota Corolla offers a range of trims from budget-friendly to fully loaded, all with impressive fuel efficiency.

• Starting at $24,241
• Best MPG/MPGe: 31 city / 38 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 sedan without paying for luxury features. It's also the most popular trim in the lineup.

• Avg. market price: $24,241 (updated weekly)
• MPG/MPGe: 31 city / 38 hwy
• Inventory: 52 listings
• View LE FWD listings

SE FWD — "Who It's For"

The SE FWD is the pick for shoppers who want a balance of comfort and technology without stepping up to the premium trim.

• Avg. market price: $24,492 (updated weekly)
• MPG/MPGe: 31 city / 38 hwy
• Inventory: 12 listings — lower availability; may limit negotiating room
• View SE FWD listings

XSE FWD — "Who It's For"

The XSE FWD is the pick for shoppers who want a fully loaded experience with premium features and technology.

• Avg. market price: $28,992 (updated weekly)
• MPG/MPGe: 31 city / 38 hwy
• Inventory: 8 listings — lower availability; may limit negotiating room
• View XSE FWD listings

Trim Recommendations

Most Popular — LE FWD

With 52 active listings, the LE FWD is the clear volume leader in the lineup.

Browse LE FWD listings

Best Budget Option — LE FWD

At $24,241 avg market price — below the lineup median of $24,492 — 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 31/38 MPG/MPGe.

Browse LE FWD listings

These recommendations are based on CarGurus' proprietary market data from November 5, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2026 Toyota Corolla cost?

Prices have softened 2.67% compared to this time last year, making it a favorable time to shop this model year.

There are 5,513 listings available, which suggests solid inventory for shoppers comparing trims and prices.

Is the 2026 Toyota Corolla a good car?

Yes — the 2026 Toyota Corolla earns a 5/5 user rating, which supports its appeal as a practical compact car with a broad lineup and a surprising amount of equipment. The overview points to a wider model range than before, including sedan and hatchback body styles, a Corolla Hybrid sedan, and the GR Corolla hatchback, so you can shop for a version that fits your needs. It also adds meaningful standard equipment and keeps the model’s everyday usability front and center. With 40.6% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2026 Toyota Corolla reliable?

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

The overview emphasizes the Corolla’s strong reliability reputation and low-running-cost appeal, which are exactly the traits many used-car buyers want in a daily driver. It also frames the car as practical and easy to live with, with a wide range of configurations that still stay focused on everyday usability. For used buyers, that usually means lower ownership stress and a better chance of avoiding expensive surprises over time.

What should I look for when buying a used 2026 Toyota Corolla?

Accident-free inventory is solid at 87.1% — always verify the vehicle history report.

You should still check the history report carefully, even when the clean-inventory share is strong, because a clean listing is not a substitute for documentation. Put inspection priority on condition, equipment operation, and signs of prior repair, especially if you are comparing multiple trims or body styles. Focus on the specific car in front of you rather than the model’s general reputation.

Is now a good time to buy a used 2026 Toyota Corolla?

It looks like a buyer-friendly market if you are ready to compare listings and move quickly on the right one.

• Deal availability: 40.6% of listings are priced as good or great deals.
• Inventory: There are 5,513 listings available.
• Price trend: Prices have softened 2.67% compared with last year.
• Clean inventory: 87.1% of listings are accident-free.

If you find a listing below $24,042, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2026 Toyota Corolla's resale value?

The current average of $24,042 sits slightly below last year's $24,701.

That softer pricing can help you buy at a more favorable point, but it also means future resale will depend heavily on how well the market holds up from here. If you buy at a competitive price and keep the car in strong condition, you improve your odds of minimizing depreciation. The Corolla’s broad appeal and practical reputation should help support demand when it is time to sell.

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 2026 Toyota Corolla or consider a different year?

If you're weighing the 2026 against nearby model years, here's how to think about it:

Choose the 2026 if:

• 40.6% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.1% — always verify the vehicle history report.
• Price trend: Prices have softened 2.67% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2025 if:

• At $21,818, the 2025 costs less than the current year's $24,042 average.
• It offers broad configuration variety and a strong reliability reputation.

The bottom line: You should lean toward the 2026 if you want the newer model-year pricing context, strong deal availability, and a well-equipped Corolla with broad appeal. If your priority is saving money upfront, the 2025 is the better value play, especially if you find one in good condition with the features you want.

How does the 2026 Toyota Corolla compare to the 2026 Honda Civic?

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.