For a used 2014 Toyota Corolla, the typical price ranges from approximately $11,575 for the basic model L trim to approximately $13,600 for the S Premium trim. Prices fluctuate with demand and are influenced by the location, mileage, and state of the car.
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What is the maximum mileage for a 2014 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.
Key Points
- The 2014 Toyota Corolla is subject to just two recalls. One is a minor issue, while the other necessitates modifying the airbag system to assure appropriate operation.
- Although there are more concerns about the 2014 model year than earlier years. There have been 226 reports filed with the NHTSA.
- White paint that is flaking, a touchscreen system that freezes upon rebooting, and worn-out door locks are just a few of the reported problems.
- Uncontrolled acceleration and high engine revs have been reported by certain drivers. The electronic control unit needed to be reprogrammed as part of a service campaign.
- There may be a widespread recall of airbag inflators as a result of ongoing NHTSA investigations.
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 is a Toyota Corolla’s normal list price?
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.
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
The 2014 Corolla’s dependability.
- A complete makeover with new options for the interior, exterior, and engine are among the 2014’s new features.
- J.D. Power rates reliability as excellent, however there are more complaints than with the 2015 model.
- There are 2 identically sized engines available, but the one in the Eco model has been improved for efficiency.
- With a combined rating of up to 34 miles per gallon, the fuel economy is exceptional for a compact car, placing it fourth out of 39 compact cars.
- With a 5-star rating in official crash tests, safety ratings are superior to those of competitors. receiving the Top Safety Pick designation from the Insurance Institute for Highway Safety.
- Based on owner reviews, the 2014 Corolla places 12th out of 39 compact cars. A fantastic compact car combines outstanding reliability with a smooth ride.
Toyota Corolla
The model for 2019 has a “U.S. News has given this prediction reliability an excellent rating. Based on J.D. Power’s car dependability study, a 4.5 out of 5 reliability rating is projected.
According to the ratings, the 2019 model is best described by the following: “superior to most and regarded as among the best.
The emergency braking system, lane departure warning, steering assistance, and forward collision warning are additional features that add flavor to the 2019 model year. With the help of these improvements, the 2019 Corolla can continue to outperform competitors while retaining its distinctive reliability.
It has spacious cabin and very nice seats. Of course, this sets it apart from other models that only excel in reliability and offer a small amount of comfort.
The 2019 Corolla is exceptional in many ways, not just dependability, thanks to these features.
Toyota Corolla
Of all, avoiding frequent trips to the mechanic is the main reason we all want a dependable vehicle. Cost minimization is a different consideration. Nobody wants to continue paying arbitrary payments that appear and reappear without prior notice.
The car’s fuel efficiency is so exceptional that compared to other automobiles, it reduced fuel expenditures by over 30%. Some motorists stated that they filled up their gas tanks twice as frequently in other vehicles than in their 2010 Corolla.
It shares the second spot with the Honda Civic in J.D. Power’s ranking as the “Best Compact Car of 2010.” just behind the 2010 Toyota Prius.
Toyota Corolla
The availability of replacement components is one factor that contributes to the Corolla’s ease of maintenance. The same is true for the Corolla’s replacement components because they are widely available on the streets.
Therefore, we will miss the 1997 Corolla. Less individuals choose this model over time. Additionally, the average mileage for vehicles from 1997 now would have exceeded 250,000 miles.
Nevertheless, it is frequently cited as one of Toyota’s most dependable vehicles. It was included on the list of “Most Reliable Used Vehicles” by Consumer Reports. The 1997 Corolla might be the car we all need, even though it might not be the car we all want.
We won’t advise you to hunt for a 1997 model to purchase. If you’ve had one for a while, though, follow the maintenance plan and take advantage of it while you still can.
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.
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:
Why is the value of a used Toyota so high?
The Toyota Innova Crysta is practically depreciation proof and the undisputed king of large MPVs. The Crysta delivers a good automobile resale value and keeps its resale car price extremely well. Due to the intense demand for this MPV, the Toyota Innova’s used car resale value continues to be strong. The car’s potent engine, high level of dependability, plush interior, and simplicity of maintenance are the causes of this high demand. All of these elements help to rank this car as one of the best resale values in India. The Crysta is nearly depreciation-proof since it can retain up to 90% of its value even after three years.