Costing $23,600, the 2021 Toyota Corolla LE Hybrid. $995 is the destination fee. In contrast, the 2021 Honda Insight has an LX trim starting at $23,130 and a Touring version starting at $29,040.
In This Article...
What should I expect to pay for a hybrid 2021 Corolla?
With a starting price of just $23,600 and fuel economy ratings of 53 mpg in the city and 52 mpg on the interstate, the 2021 Toyota Corolla Hybrid seems a lock for low 5-year ownership leadership. For a hybrid, that’s a really decent offer.
How much should I spend on a hybrid Toyota Corolla?
The cost of the Toyota Corolla hybrid. One of the most affordable cars in the hybrid car class is the 2022 Toyota Corolla Hybrid, which has a starting price of $23,650.
What does a brand-new Corolla 2021 cost?
The starting MSRP for the Toyota Corolla base sedan is $20,025, while the starting MSRP for the Corolla base hatchback is $20,665. Both numbers are a little higher than typical for a tiny automobile. For the Corolla hatchback and sedan, the top-of-the-line XSE model starts at $23,615 and $25,925, respectively.
Is the hybrid 2021 Toyota Corolla all-wheel drive?
Electronic All-Wheel Drive is a feature that comes standard on every Toyota hybrid model. With this AWD SUV, you may tow up to 3,500 lbs., no matter how huge your trip becomes. This Toyota’s LE AWD-e and XLE AWD-e * grades are excellent for impromptu excursions.
Is the hybrid Toyota Corolla a plug-in vehicle?
The departing and fairly forgettable Toyota Auris has been replaced as the brand’s Volkswagen Golf and Ford Focus challenger by the Toyota Corolla, which has returned to UK roads. The Corolla, in contrast to those vehicles, only comes with hybrid power, however it maintains the history of hatchback or Touring Sports estate bodystyles.
The most recent Corolla is produced in the UK, close to Derby, and shares its underpinnings with the Toyota C-HR and Lexus UX SUVs. A GR Sport version debuted in 2020, and there is a choice of 1.8 or 2.0-litre petrol hybrid engines with greater power. The latter sports hot-hatch styling for a more aggressive look but doesn’t move any faster.
In comparison to vehicles like the Golf, Focus, Honda Civic, and Peugeot 308, the Auris was a relatively unimpressive vehicle that appeared pretty uninspired. However, the Corolla significantly ups the ante with genuinely attractive appearance, a superior driving experience, and a vastly improved interior. The hybrid’s CVT gearbox is primarily to blame for the fact that it still doesn’t feel quite as snappy to drive as a Focus, but it is now a serious competitor in the class.
Running costs are encouraged by CO2 emissions as low as 101g/km and great fuel efficiency as much as 63mpg. Toyota refers to the Corolla and its other hybrid vehicles as “self-charging,” which implies that the Corolla’s batteries are recharged without the use of a plug thanks to regenerative braking and engine power. In zero-emissions electric mode, the Corolla can go short distances at low speeds, but not nearly as much as plug-in hybrids.
How long do hybrid Corollas last?
If properly maintained and driven, a Toyota Corolla hybrid should last at least 200,000 miles and possibly even over 300,000. If you drive 15,000 miles annually, you can anticipate 20 years of dependable service before it needs expensive repairs.
Is buying a hybrid car worthwhile?
We’re getting this one fundamental query more frequently: Is a hybrid worth it? as more hybrid cars hit the market and prices slowly decline.
Although there are numerous factors to consider before making the decision to spend more money on a hybrid car, for the majority of drivers, cost is the primary consideration. In order for you to determine whether a hybrid vehicle makes sense for the way you drive, we’ll go over some fundamental hybrid arithmetic here.
It’s important to keep in mind that the answer to the question is not straightforward until we run some calculations. The value of lowering carbon dioxide emissions and the satisfaction you have from doing so, the sort of power generation in your area, or the cradle-to-grave emissions for a vehicle and its lithium-ion battery might all be taken into account. You may even attempt to place a value on the pleasure of driving an electric vehicle that accelerates instantly or the added comfort of getting into a vehicle that has been preheated by mains power.
To keep things straightforward, though, we’ll concentrate on the price difference between a comparable ICE (internal combustion engine) vehicle and a hybrid, and determine how long it will take to make up the difference in fuel savings.
Your driving habits
A few numbers will be necessary for this. The first is an estimate of how much of your driving is done in cities versus on highways. City driving is regarded as stop-and-go traffic for testing purposes, with an average speed of 34 km/h and a top speed of 90 km/h. Highway driving is defined as traveling at speeds between 78 and 97 km/h on interstates and rural roads. According to Natural Resources Canada (NRCan), the ratio of gasoline consumption is 55 percent city and 45 percent highway. The division between your city and highway may be significantly different. When driving in cities, hybrids typically give the greatest fuel savings.
The cost of gasoline where you reside is the second important factor to know. According to Statistics Canada, the average price of regular gas in Edmonton as of January 2019 is $0.92/litre. In Vancouver, a litre costs $1.34. In Toronto, a litre costs $1.02.
How many kilometers you drive annually is the last figure you’ll need to know. It will take much longer to repay the additional expense of a hybrid vehicle if you travel 10,000 less miles per year than if you drive 25,000 more.
Types of hybrids
Hybrids are not created equally. Some people use electricity far more than others. Plug-in hybrids (PHEVs) have larger battery packs that can be recharged from an electrical outlet in comparison to mild hybrids that can charge on their own. PHEVs produce no tailpipe emissions when operating exclusively on electricity. Your driving style has a significant impact on the annual operating cost of plug-in vehicles. A PHEV makes sense if you primarily do short trips (3050 km) and have access to overnight charging.
The calculation
Take the difference in purchase price and divide it by the difference in annual fuel cost to determine whether a hybrid is cost-effective. That will tell you how many years of driving it will take to make up for the higher initial cost of a hybrid.
In other words: Years to recover hybrid cost = Purchase Price Delta / Annual Cost Delta.
A helpful tool for evaluating vehicles is the online “fuel consumption ratings search tool” from NRCan.
We’ll make the same assumptions as NRCan for the examples below: 20,000 miles per year, 55 percent city, ordinary gas at $1.02 per litre, and electricity at $0.13 per kWh.
Toyota Rav4
Costing $32,090, the 2019 Toyota Rav4 hybrid AWD. Costs for a standard Rav4 AWD are $30,690. The difference in buying price is $1,400. Fuel costs for the hybrid will be $1,224 annually, while those for the standard Rav4 will be $1,693. The difference in cost per year is $469.
Continue with us? As a result, 1,400/469 = 2.99 years. After that, owning a hybrid will be less expensive.
Honda Accord
Costs for the 2019 Accord Hybrid Touring are $41,876 plus $1,020 in year fuel costs. The Touring grade without a hybrid costs $37,876 and $1,550 annually. To make up the gap in this example, it would take around 7.5 years. It would take 5.8 years if you reside in Vancouver, where the cost of gas is $1.32 a litre.
You’ll recover the additional cost of the hybrid in 1.2 years when compared to the Accord 2.0 Touring, which costs $40,876 and features a thirstier 2.0-litre engine.
Kia Niro and the trouble with estimating PHEV cost
Fuel expenditures for the standard Kia Niro hybrid are $938 per year. The annual maintenance fee for the front-wheel drive Kia Sportage SUV is $1,877. After only a few months, the Niro hybrid will become more affordable because the difference in purchase price is only $200.
The Niro is also offered as a plug-in hybrid (PHEV), which has annual gas and energy expenses of $33,965 and $753/year. Compare that to a similarly equipped Niro hybrid’s $29,695 and $979 yearly cost. You won’t make back the additional expense until you drive the PHEV for more than 17 years. That may sound terrible for a PHEV, but it can be deceptive. Depending on how you drive, the NRCan annual cost estimate that we are providing here may be drastically off. You might quickly recoup the investment if you generally make short journeys and run down the battery before starting the gas engine. Or, if you never plug the PHEV in, you might never recoup the additional expense. Remember that the NRCan estimate uses an assumed power price of $0.13 per kWh, but if you charge overnight, as most people do, the price in Ontario is now $0.065 per kWh, which is half that amount. The employment of different PHEVs’ gas and electric motors creates comparative challenges, which further complicates problems. But we’re now getting really lost in the weeds.
Is it worth it?
There isn’t a firm rule in this situation, so I apologize if you didn’t want to perform all that arithmetic. As you can see, the time it takes for any hybrid to make up for the extra cost depends greatly on your driving habits, the cost of petrol where you reside, and how far you go. From brand to brand and model to model, there are huge differences in the extra pricing for hybrids. If you reside in British Columbia or Quebec, the government provides sizeable discounts on PHEVs, which frequently tips the cost equation in favor of greener options. However, conducting your research could end up saving you hundreds or even thousands of dollars over the course of your next vehicle.
Is buying a hybrid worth it?
Savings: You will frequently save on fuel prices because hybrid vehicles help you save on gas. There are still other potential savings though! You’ll ultimately save more money because to the tax breaks that many jurisdictions provide to people who drive electric or hybrid cars.
What issues does the Toyota Corolla from 2021 have?
The check engine light can come on for a variety of reasons, but faults with the evaporative emission (EVAP) system are one of the more frequent ones for the Toyota Corolla.
Drivers may find this to be a very frustrating condition because EVAP issues are sometimes challenging for experts to identify. Two of the most typical problems, according to RepairPal, are malfunctioning charcoal canisters and loose or damaged gas caps. Repairing this issue could cost between $88 and $111.
Is the Corolla a good car for 2021?
The 2021 Toyota Corolla, which was rated second among compact automobiles, was praised by Consumer Reports reviewers. In terms of expected reliability, the Corolla scored a flawless 5 out of 5 and a 4 out of 5 in terms of expected owner satisfaction. Additionally receiving great marks, Car & Driver gave the 2021 Corolla an overall rating of 8.5 out of 10.
The 2021 Corolla receives top marks for its outstanding fuel efficiency, comfortable ride, sophisticated handling, and included cutting-edge safety technologies. The roomy backseat of the 2021 Corolla was also lauded by Car and Driver. One other advantage is that the Corolla is one of the last models still available with a manual transmission.
However, the 2021 Corolla received criticism for its loud engine, little trunk area, and below-average acceleration.
Which automobile is superior, the Camry or the Corolla?
Both a stronger engine and a more potent V6 are standard on the Camry. But compared to 2019, the 2019 Toyota Corolla is even more efficient. The cabin of the Camry is larger than the Corolla’s when it comes to accessible cargo capacity.
Is the Corolla LE or SE better?
The Corolla LE Hybrid starts with the features of the LE and adds more potent LED headlights, a proximity key with push-button start, and 15-inch alloy wheels, splitting the difference between the LE and XLE in terms of equipment. The powertrain is a gas-electric hybrid engine adapted from the Toyota Prius, as the name suggests. The battery doesn’t obstruct the inside or trunk space, which is a wonderful feature. Despite having less power (121 hp), the Corolla LE Hybrid achieves a fantastic 53/52 mpg city/highway. The nearly $3,000 premium over the standard model is a wise investment for those who are concerned about their carbon footprint.
The Corolla Hybrid has a Premium Interior kit that is brand-new for 2022. For $1,525 more, it includes leatherette interior trim, heated front seats, power lumbar adjustment for the driver’s seat, and a leather-wrapped steering wheel.