2018 Toyota Corolla Blue Book Value (2024)

FAQs

How much does a 2018 Toyota Corolla go for? ›

Whether you have a Toyota Corolla lease or you own it, drivers who follow the recommended maintenance schedule can expect their new Toyota Corolla's life expectancy to reach up to 10 years or 300,000 miles – or more! Learn how you can get the most out of your affordable car with the service experts at Beechmont Toyota!

2024 Toyota Corolla Pricing

Before buying a Corolla, check the Kelley Blue Book Fair Purchase Price to know what you should really pay. The Toyota brand is the champion on our Best Resale Value awards list, and the Corolla's resale value is above average for the segment.

Reliability 9/10 – There are no major problems found on the 2018 Toyota Corolla. Avoid models from 2009–2010, while 2011–2022 are all good choices. Performance 6/10 – Performance is poor from the 4-cylinder engine, although the Corolla is more focused on efficiency rather than speed.

The Toyota Corolla has a fuel average of 8 to 14 KM/L in the city and 12 to 17 KM/L on the highway.

Toyota Motor's current price is $199.85. Its book value per share for the quarter that ended in Mar. 2024 was $169.52. Hence, today's PB Ratio of Toyota Motor is 1.18.

One of the reasons why Toyotas have a higher resale value today is that the company always prioritized quality in the past. This has resulted in a reputation for producing highly reliable vehicles that will last a long time.

What is considered high mileage for a Toyota Corolla? ›

If cared for properly, a Toyota Corolla can last an astounding 300,000 miles on the road, though most fall slightly under. According to motorbiscuit.com, high mileage for the Toyota Corolla occurs when the car racks up 10,000-15,000 miles a year. It may hit an astounding mileage limit in a short period.

The Toyota name guarantees that any car powered by one of their engines will last for a very long time, regardless of the model you choose. They usually endure well over 200,000 or even 250,000 miles, while the precise mileage for a vehicle varies depending on the type and the care you give it.

The ninth generation, particularly the 2005-2008 models, is well-regarded for its dependability and low maintenance costs. Skip ahead to the eleventh generation—models from 2014 to 2016. These got a thumbs up for a bump in style and efficiency while retaining that Toyota resilience. Ah, the Toyota Corolla, a classic!

Toyota Corolla Average Maintenance Costs. During its first 10 years of service, a Corolla will cost an average of $4,087 for maintenance and repairs (with an average annual cost of around $362). This beats the industry average for popular sedan models by $3,009, which is some very good news for Corolla owners.

Toyota Corolla 2021 Expected Price ₹ 15 Lakh, 2024 Launch Date, Bookings in India.

* 2018 EPA-estimated 30 city/40 highway/34 combined mpg for Corolla LE Eco. Actual mileage will vary.

The Manufacturer's Suggested Retail Price (MSRP) for the 2023 Toyota Corolla starts at $22,795 for the LE base-level trim with destination fee and popular options.