2008 Toyota Corolla Value | Edmunds: $1,856 to $7,376.
In This Article...
What kind of car is the 2008 Toyota Corolla?
The 2008 Toyota Corolla offers excellent fuel efficiency and simple handling at a cheap initial cost. Due to some of its rivals’ more distinctive design features and sportier driving characteristics, the Corolla is rated in the center of its class.
How many kilometers are there in a 2008 Toyota Corolla?
How long do Toyota Corollas last? may be on your mind if you’re thinking about buying one. The Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles with routine maintenance and service. You might own your new Corolla for well over a decade if you take good care of it.
What’s the value of a Toyota Corolla?
XSE Toyota Corolla For $23,765 for manual transmission models and $24,865 for automatic transmission variants, the Corolla XSE hatchback is priced. The Corolla XSE sedan, which costs $25,975, is exclusively available in automatic.
A 2008 Toyota Corolla has what issues?
Compared to other compact cars in its price range, the 2008 Toyota Corolla has less issues. Owners of the 2009 model, which has undergone redesign, have voiced more grievances, making the 2008 model a better value.
Owners bring up issues with their engines that result in a check engine light. The light may turn on due to certain sensor and computer issues. The best thing to do if your check engine light is on is to use an OBD-II scan tool to identify the cause of the issue. A simple reset is required in some circumstances, but a new sensor may be required in others.
Owners also report hearing buzzing noises in the dash when driving. The noise’s origin is unclear and can range from belt noises to A/C compressor noises. If you notice unusual noises, it is better to have a professional examine the car.
Another issue that owners have come across over time is paint that is rusting and flaking. Usually, a car’s paint will degrade after being exposed to too much sunshine. The only option, which costs roughly $1,000 each panel, is to repaint the damaged panels.
There are seven recalls, which is typical for a 2012 model. Air bags, load carrying labels, and engine stalling due to an engine control module problem are among the recalled items. The probability of an accident increasing makes the engine stalling the most hazardous.
How many miles can a Corolla travel?
Drivers who adhere to the suggested maintenance schedule may expect their new Toyota Corolla to last up to 10 years or 300,000 miles or more, whether they own it outright or are leasing one.
The 2008 Toyota Corolla scores well in crash testsso long as it’s fitted with optional airbags.
If the curtain airbags are ordered, the 2008 Toyota Corolla receives favorable ratings from the government and insurance sector in crash tests.
Which Corolla model year is best?
Let’s start by talking about the Corolla models from 2003 to 2008. The good news is that Consumer Reports endorses every Corolla model produced from 2003 through 2008. Toyota Corolla models from 2003 and 2004 achieved a respectable 4 out of 5, while models from 2005, 2006, 2007, and 2008 received a perfect score of 5. Additionally, a 4 out of 5 owner satisfaction rating was given to all models.
These pre-owned Toyota Corolla cars have a useful size, safe handling, and great fuel efficiency ratings of 30 mpg throughout all model years, according to owner reports. It’s also among the quietest used compact cars in its category. The inside of the little car is functional and provides plenty of room in the back seat. Prior to 2009, Corolla sedans had options for stability control and side curtain airbags. Remember that finding one with these safety features may be challenging.
A Toyota Corolla or a Toyota Camry is superior, right?
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.
Do Toyota Corollas have issues with their transmissions?
To ensure long-lasting performance, the transmission system needs to receive the required attention and upkeep.
Here are a few of the most typical gearbox issues with the Corolla:
1. Slipping in the transmission
Your Toyota Corolla’s gearbox mechanism will then choose and deselect gears as a result. Without the driver’s involvement, a sliding transmission system can automatically change from a higher gear to a lower one.
According to our study, this is a typical description of a Corolla’s slipping transmission system: “the Corolla will suddenly stop, and as you try to compress the gas pedal, it shoots ahead.
2. An improper shift on an automatic gearbox
Toyota Corollas with higher mileage, between 125,000 and 150,000 kilometers, frequently experience this issue.
The automatic transmission may not shift between gears correctly, which could cause swaying and lurching of the vehicle.
3. Low-speed vehicle trembles or vibrates:
Some Corolla owners claim that when traveling at low speeds, their vehicles tremor or shudder (30-45mph).
Your Corolla won’t typically be in danger because it operates without issue at high speeds. Low speeds provide the impression that the road is rough when there are actually no obstructions in the way.
4. Transmission failure causes a car to stall
Possible Causes and Solutions
The numerous transmission issues mentioned above can have a few different reasons. The problem could be caused by a broken torque converter. If the torque converter’s solenoid, needle bearings, clutch, or seal are harmed, the transmission will stop working.
After a certain number of miles of driving, the throttle position sensor might need to be calibrated, or the shift solenoid might need to be replaced.
A damaged torque converter often requires $500 to $1000 in repairs. Given the complexity and length of the project, the workmanship is responsible for the majority of the cost.
A Toyota Corolla will depreciate 21% after 5 years and have a 5 year resale value of $19,177.
Surprisingly, the Toyota Corolla outperforms its larger relative, the Camry, when it comes to maintaining value. The Corolla performs in the top 20 in years 5 and 7, while the Camry performs in the middle of the pack in terms of value retention. This demonstrates that the Corolla offers fantastic value, whether it is new or used, and that it is a great inexpensive car for those on a budget that will be light on your wallet or purse, regardless of how old it is.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. Additionally, it counts on a new-car selling price of $24,275. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota Corolla’s projected resale value using our depreciation calculator.
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What are the Toyota Corolla’s most typical issues?
The Toyota Corolla is one of the most well-liked automobiles in the world thanks to its excellent crash test ratings, reasonable pricing, and features like distance pacing and a driver footrest. Even though the Corolla is popular, there are some issues with it, so if you plan to drive one, you should be aware of them. Some of the most typical issues that owners of this car have reported to RepairPal have been compiled.
What does a used Toyota Corolla cost?
Values for several model years of the Toyota Corolla Just have a look at the pricing ranges for used Toyota Corolla models during the previous ten years, as of October 2017: From $4,722 to $9,895 in 2007. From $3,989 to $8,995 in 2008. From $2,998 to $9,395 in 2009.
Do Toyota Corollas handle snow well?
If you reside in the Bangor region, you are aware of how risky driving on snow and ice can be throughout the winter. The 2021 Toyota Corolla will be more capable of coping with the icy road conditions and winter weather thanks to the inclusion of snow tires. When you hit the roads this winter, snow tires will offer a number of advantages, such as better traction in the snow, more aggressive tread patterns, improved acceleration, and shorter stopping distances. To ensure the optimum performance, we advise you to buy a full set of four winter tires if you decide to buy snow tires.
Toyota Corolla Vehicle Stability Control and Traction Control
Vehicle Stability Control and Traction Control are included as standard equipment on Toyota Corolla vehicles, which helps keep you safe this winter. When understeer or oversteer is present, vehicle stability control helps reduce sideways momentum. Traction Control, which keeps an eye on and restrains the drive wheels in slick driving situations, will assist you prevent slippage when you speed.
When should the timing chain on a Toyota Corolla be changed?
The timing chain should be changed between 80,000 and 120,000 miles, barring a specific defect. Chain issues are common in vehicles with higher mileage. Watch for indications that the timing chain is failing if you have an older or high-mileage vehicle. It’s crucial to be able to identify the symptoms and get the timing chain serviced before it completely fails since the timing chain may break and need to be replaced.
How much does a timing chain cost?
How much does it cost to replace a timing chain? Timing chains can be changed by a professional for $1,600 to $1,800 or you can do it yourself for $600 to $800. The cost is significant because it’s challenging to replace this component.