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Compact Sedan · Model guide*

Toyota Corolla.

Cheap to own, impossible to kill, and available as a hybrid with around 50 mpg.

By The Broker Black · Updated September 30, 2026

Browse new Corolla inventory

About $23K*

Starting price (MSRP), base model

up to 50 mpg (hybrid)

Fuel economy

Seats

169 hp / 138 hp hybrid

Power

Corolla trims.

LEThe entry point: Toyota Safety Sense 3.0, 8-inch touchscreen, wireless CarPlay and Android Auto, LED headlights.

SEAdds the sport look: 18-inch alloys, sport seats and grille, paddle shifters, rear spoiler.

XSEThe loaded one: SofTex-trimmed heated front seats, blind spot monitor, 10.5-inch screen availability, dual-zone climate.

Hybrid LESame LE kit with the 138 hp hybrid at roughly 50 mpg combined.

Hybrid SEHybrid economy wearing the SE sport styling; available AWD.

Hybrid XLEThe comfort hybrid: heated SofTex seats, blind spot monitor, upgraded interior trim.

A Toyota Corolla, on your numbers.

Type your own numbers and see the same car priced as cash, as a loan, and as a lease, with the taxes and state fees for Arizona. Nothing you type leaves this page.

Where you register the car

The car Price you agreed on$The selling price, before tax and fees. Sticker price (MSRP)$A lease figures its residual from the sticker. Rebates and incentives$

Your trade and money down Trade-in value$ Still owed on the trade$ Cash down$

Credit and loan Your credit score Loan APR%Starts at the average for your score. Change it to a rate you have. Loan term

Lease Lease term Residual%What the car is expected to be worth at the end, as a share of the sticker. Money factorAbout ... as an APR (money factor times 2,400). Acquisition fee$The leasing company's fee, usually rolled into the lease. Change it to yours.

Taxes and fees Sales tax rate%Worked out for Arizona on this price, after any trade-in credit (some places tax less above a set amount). Change it if yours differs. Title, registration, and state fees$An estimate for a new car at this price. Change it if you know yours. Dealership documentary fee$Type your dealership's own fee; it varies by store.

Cash

...

out the door

Sales tax: ...
Title, registration, and fees: ...
Trade-in: ...
Due at the dealership: ...

Finance

.../mo

Amount financed: ...
Total interest: ...
Payments plus cash down: ...

Lease

.../mo

Due at signing: ...
Total over the lease: ...
Value at lease end: ...

Lease or buy, over 36 months

	You pay	You own at the end	Real cost
Lease	...	Nothing; you hand it back	...
Finance	...	Equity of ...	...
Cash	...	A car worth about ...	...

An estimate on the numbers you type, not an offer of credit or a quote from any dealership. Starting loan rates are the average new-car APR for each credit tier (used-car APR for a used car) from Experian's State of the Automotive Finance Market, second quarter 2026, VantageScore 4.0. The starting money factor, residual, and acquisition fee are starting figures only; the leasing company sets the real ones. Taxes and state fees are estimates for Arizona; the dealership's paperwork and your motor vehicle agency have the final numbers. What you own at the end assumes the car is worth the residual. Nothing you type is sent, saved, or used to check your credit.

The calculator needs JavaScript. How it works: a loan payment is the amount financed times the monthly rate, divided by one minus (one plus the monthly rate) to the power of minus the term. A lease payment is the depreciation (net capitalized cost minus residual, divided by the term) plus the rent charge (net capitalized cost plus residual, times the money factor), plus tax the way the state taxes a lease.

Taxes and fees at the starting price.*

Registered in	Sales tax	Title, registration, and state fees
Phoenix, AZ	$2,024 (8.8%)	$418
Las Vegas, NV	$1,926 (8.4%)	$464
Los Angeles, CA	$2,243 (9.8%)	$386

Every new Toyota carries a 3 year / 36,000 mile basic warranty, 5 year / 60,000 mile powertrain coverage, and ToyotaCare complimentary maintenance for 2 years / 25,000 miles.

More Toyota cars.

Toyota CamryMidsize Sedan · from ~$29K*Toyota PriusHybrid Hatchback · from ~$29K*Toyota CrownPremium Sedan · from ~$41K*Toyota GR86Sports Coupe · from ~$31K*

Corolla rivals.

The closest models from other brands, by body style, size, and class.

Hyundai ElantraCompact Sedan · from ~$23K*Kia K4Compact Sedan · from ~$23K*Nissan SentraCompact Sedan · from ~$23K*Volkswagen JettaCompact Sedan · from ~$23K*

Questions.

How much does the Toyota Corolla cost?

The Toyota Corolla starts around $23K, the manufacturer's suggested price for the base model before options and destination. Plus each dealership's own documentary fee (not a government fee), taxes, and government fees. Higher trims cost more; the Hybrid XLE tops the range.

What trims does the Toyota Corolla come in?

Six: LE, SE, XSE, Hybrid LE, Hybrid SE, and Hybrid XLE.

What gas mileage does the Toyota Corolla get?

Up to 50 mpg (hybrid), depending on the trim and powertrain, per the manufacturer's published figures.

How many seats does the Toyota Corolla have?

Should I lease or buy a Toyota Corolla?

It depends on how long you will keep it and how far you drive. Type the price you agreed on into the calculator above and compare the lease and the loan over the same months, with your state's taxes and your own credit tier.