Value range for a 2008 Toyota Corolla: $1,970-$7,497 | Edmunds.
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How durable is 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.
Is the 2008 Toyota Corolla a good car?
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.
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?
Primary Toyota Corolla Issues
- excessive use of oil Toyota Corolla owners from 2002 and 2009 have reported concerns with their engines using too much oil.
- transmission malfunction
- Engine starts up slowly.
- Check engine light is on because of the EVAP system.
- defective airbags
- Driving Drift
- defective mass air flow sensor
What does a Toyota Corolla have high mileage?
The Toyota Corolla is regarded as one of the most dependable sedans on the Irving market. It is distinguished by its small size, excellent maneuverability, and lengthy expected lifespan. You can count on your Corolla to last at least 300,000 miles when you follow the manufacturer’s recommended maintenance regimen!
Which Toyota Corolla model year is the most dependable?
Every used Toyota Corolla produced between 2014 and 2019 comes highly recommended by Consumer Reports. With the exception of the 2019 Toyota Corolla models, which nonetheless achieved a high score of 4/5, all obtained reliability ratings of 5/5. The overall owner satisfaction score was 3/5.
The Corolla underwent yet another redesign in 2014, which was a significant year for the vehicle. Additionally, it achieved 32 mpg overall with the aid of the continuously variable transmission (CVT).
There are simple controls inside, and some models come with a touchscreen infotainment system. The LE and higher models come standard with automatic temperature control. Automatic emergency braking and forward collision warning were included as standard safety features in 2017 vehicles.
How much does a Toyota Corolla cost?
What Is the Price of a Toyota Corolla? The starting price of the 2022 Toyota Corolla is $20,075, which is approximately typical for the compact car segment. The top-of-the-line Corolla XSE Apex Edition costs $28,360.
A timing belt is present in a 2008 Toyota Corolla, right?
Timing Belt Or Chain For A 2008 Toyota Corolla The 2008 Toyota Corolla has an interference engine with a timing chain in every variant.
Are there airbags in a 2008 Toyota Corolla?
For the 2003 model year, a makeover of the Toyota Corolla took place. Starting with 2005 models, side curtain airbags that protect the heads of the front and rear occupants became optional in addition to the side airbags that have been offered since 2003 to protect the torsos of the drivers and front passengers.
Two Corolla tests were performed, one with and one without the driver and rear passenger side airbags that are an option. With the exception of the structural ratings for both vehicles, which are based on both tests, these cars are assessed independently.
View of the car following the collision with the doors off, displaying the side airbags and occupant compartment damage.
Action shot captured during the side impact crash test demonstrating how the side airbags prevented the driver dummy’s head from being struck by sharp objects.
Greasepaint smears reveal where the side airbag shielded the back passenger dummy’s head.
Negative numbers represent the distance by which the crush stopped outside of the midline of the seat.
Are Corollas still worth anything?
The Corolla is one of the best cars in the area for a variety of reasons, including its high resale value, which is one of the most crucial factors for drivers shopping for a used car. The Toyota Corolla is renowned for its low rates of depreciation and ability to hold its value.
Hold Toyota automobiles’ values steady?
Toyota tops the list with vehicles that, on average, depreciate only 42.3% after five years of ownership. This is less than the worldwide average of 49.6%.
The reliability of the brand helps Toyota automobiles maintain their value across all vehicle sectors, according to Ly.
Two Dodge and Mitsubishi vehiclesout of the ten on the listhave depreciation rates that are higher than the industry average (51.4 and 51.8 percent, respectively). These, however, are still more expensive than the car companies that lose the most value, such as Maserati at 66.4 percent and Buick at 60.1 percent on average.
According to Julia Blackley, the study’s author, Dodge and Mitsubishi were included on the list since they continue to score among the top 10 lowest-depreciating brands overall when compared to other automakers.
Continue reading to discover another list of automakers that build low-depreciating cars: