New Toyota Corolla for Sale nearMemphis, TN

How much does the Toyota Corolla cost in today's market?

Used Toyota Corolla prices span a wide range depending on model year. Here's what the market looks like right now:

The Toyota Corolla's current nationwide average price is $18,165, and its year-round low is $16,771.20. That puts the model in a fairly accessible range for used shoppers, especially if you're open to older model years. Recently, prices have come down for the 2024 and 2025 models, making now a good time to shop recent model years.

Is the Toyota Corolla a good car?

Yes — the Toyota Corolla is a strong used-car choice, anchored by an all-generations user rating of 4.33/5.

The all-generations owner rating is 4.33/5 across every model year in the data.

Owners consistently praise the Corolla for reliability, solid fuel economy, and low maintenance costs. Recent-model owners also highlight its stylish design, practical everyday usability, and the broad feature content available in newer versions.

Expert reviews rate the 2014 and 2021 models among the highest across all years.

The main trade-offs called out in recent expert reviews are noisy road manners, a stereo that trails the rest of the package, and fuel economy that can vary depending on version.

31.7% of listings are priced as good or great deals.

Are Toyota Corolla models reliable?

Owners and experts consistently point to the Corolla’s reliability, practicality, and low running costs as core strengths. Across the model years in the data, it also earns praise for dependable everyday use and strong fuel economy.

• Owners rate the Toyota Corolla between 3.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, that combination suggests a long-term ownership profile built around sensible costs and steady day-to-day dependability.

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

Across all model years, at 71% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2023 models.

Key things to evaluate:

• Safety package: Toyota Safety Sense 3.0
• Infotainment: larger 10.5-inch touchscreen infotainment system with wireless Apple CarPlay and Android Auto
• Fuel efficiency: 32.2 mpg in combined driving and 27.1 mpg on the evaluation loop

Which Toyota Corolla trim should I buy?

The 2025 Toyota Corolla offers these trims:

• Corolla LE: the entry point for the lineup, with the Corolla’s core everyday usability and a straightforward setup.
• Corolla SE: the sweet-spot trim, giving you options and avoiding the plain vanilla look of the base Corolla LE.
• Corolla FX: adds sport-tuned steering, a lowered sport suspension, snazzy wheels, and a spiffy spoiler for a more athletic look and feel.
• Corolla XSE: the top trim in this lineup, with the most upscale positioning and the trim level tied to the available JBL premium sound system.

What Toyota Corolla do most buyers choose?

The Toyota Corolla years with the most listings are 2025, 2024, and 2023.

Higher-volume model years tend to draw more shoppers because they offer a wider selection of listings and often sit in the sweet spot between newer features and used-car pricing. That combination makes them especially appealing if you want more choices without moving all the way to the newest model year.

What is the Toyota Corolla's resale value?

Most model years in the table are moving lower year over year, which is good news if you're shopping used and want more value for your money. A few years are holding close to flat or ticking upward, showing that some Corolla versions continue to command steady demand. Overall, the pattern still favors buyers looking for a practical compact car with softer pricing on many recent examples.

The 2015, 2017, and 2023 model years are holding steady, with prices close to flat year-over-year.

The 2016, 2018, and 2014 model years have held their value best, with prices flat to rising year-over-year.

Is the Toyota Corolla safe?

• 2025: 8/10
• 2022: 9/10
• 2021: 9/10
• 2020: 7/10
• 2017: 5/10
• 2016: 7/10
• 2015: 4/10
• 2014: 9/10

Toyota Safety Sense 3.0 is standard on the 2025 Corolla.

For the safest used buy, the 2014, 2021 and 2022 models all post the highest confirmed score of 9/10.

Should I buy a used Toyota Corolla now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −2.51% versus a year ago, and the 2024 model is at −3.65%.
• Deal availability: The 2025 model has 34.3% good and great deals, and the 2024 model has 34.3%.
• Sweet-spot year: The 2025 model has the most listings at a current average price of $22,972. The Toyota Corolla offers a practical, easy-to-live-with character that has long made it a sensible daily driver.

Consider waiting if:

• Powertrain/efficiency: the Corolla FX uses a 2.0-liter four-cylinder engine with 169 horsepower and 151 pound-feet of torque, and Toyota says the official rating is 34 mpg in combined driving.
• Tech: Toyota now offers a larger 10.5-inch touchscreen infotainment system, wireless Apple CarPlay and Android Auto, and an Intelligent Assistant.
• Safety: Toyota Safety Sense 3.0 includes forward collision warning, pedestrian detection, automatic emergency braking, lane departure warning, lane keeping assist, lane centering assist, adaptive cruise control, automatic high beam headlights, and a road sign recognition system.
• Starting price: Base pricing ranges from $22,325 to $28,040, not including the $1,195 destination charge.

If you're buying used today, the 2025 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for 2028 inventory to mature.

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

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 $24,417
• 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 reliable sedan with great fuel economy without paying for extra features.

• Avg. market price: $24,417 (updated weekly)
• MPG/MPGe: 31 city / 38 hwy
• Inventory: 388 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 balance of features and price without stepping up to the fully loaded trims.

• Avg. market price: $28,125 (updated weekly)
• MPG/MPGe: 31 city / 38 hwy
• Inventory: 107 listings — widest selection in the lineup
• 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 a stylish design.

• Avg. market price: $26,271 (updated weekly)
• MPG/MPGe: 31 city / 38 hwy
• Inventory: 25 listings
• View XSE FWD listings

Trim Recommendations

Most Popular — LE FWD

With 388 active listings, the LE FWD is the clear volume leader in the lineup.

Browse LE FWD listings

Best Budget Option — LE FWD

At $24,417 avg market price — below the lineup median of $26,271 — 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 September 2, 2026, CarGurus experts' opinions, and generative AI.