Overall, the Toyota Corolla from 2007 is a fairly dependable used car. When it was first released, it also received several excellent dependability ratings. Consumer Reports gave the 2007 Corolla a predicted dependability rating of 5 out of 5, as was already indicated.
Others praised the Corolla’s reliability for the 2007 model year, as well. For instance, the 2007 Corolla had a reliability rating of 4.5 out of 5 from J.D. Power. In terms of cars in general, this is above average, claims US News & World Report. Finding an older vehicle with higher reliability ratings is challenging.
In This Article...
What is the maximum mileage for a 2007 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.
The 2007 Toyota Corolla has what issues?
The only significant concerns with the Toyota Corolla are squeaky belts, poor paint quality, and cracked dashboards. The 2007 model is a fantastic option, but because the 2009 model has engine issues, we advise buyers to stay away from it.
A common issue with engines older than 38,000 miles is a squeaking noise. Usually, a worn-out tensioner or belt is the issue. It’s a simple remedy that just costs $90 to replace the belt.
On vehicles with more than 65,000 miles, peeling paint is a problem. When neglected, the transparent coat breaks down. The only option, which costs around $800 per panel, is to repaint the problematic sections.
At 35,000 miles, dashboard cracks start to appear. As a result of significant expansion and contraction, the dash of cars left in the sun develops fractures. A cover can be installed for less than $100, or you can spend about $1,000 replacing the dash.
There are seven recalls, which is typical for a 2007 compact car. Labels, stalled engines, and air bags are among the things being recalled. Engine stalling is the most serious recalled item. The risk of a collision rises when the engine cuts off while the vehicle is in motion.
A 2007 Corolla is it secure?
The Toyota Corolla received four stars for side-impact protection and five stars for frontal impact protection in NHTSA crash tests. It achieved a “Good” grade in frontal-offset accident testing at 40 mph by the IIHS (the highest possible).
Which Toyota Corolla model year is the best?
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.
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.
Share
What’s the value of a used Toyota Corolla?
One of the most popular compact cars on the market for 2014 is the Toyota Corolla. Due to this, a lot of individuals opt to save money by buying secondhand cars or by exchanging their old Corolla models for new ones. You must be well-versed in the value of a used Corolla in order to make informed decisions in either of these scenarios.
Any used car’s worth will differ significantly based on the model year, condition, mileage, and a number of other factors. Depending on these elements, you may reasonably pay anywhere from $2,000 to almost $18,000 for a used Corolla, but by being knowledgeable of what affects the value of the car, you can still stay one step ahead.
Seller
Who you buy it from is one of the variables that might reasonably affect the price of a used 2014 Toyota Corolla or earlier model. Sometimes private parties will sell an automobile for less money than a dealership, but this does not necessarily mean that the price difference is justified. You will have some type of assurance that the used Corolla will operate if you purchase it from a dealership. In that situation, you will also have the choice of purchasing a certified used Corolla. Even if they are a little more expensive, these are a wonderful investment because you can be sure that they are in good functioning condition.
Mileage
The mileage of a used 2014 Toyota Corolla or previous model is a significant factor in determining the car’s value. Almost usually, a vehicle with less kilometers will be worth more than one with more. This is due to the fact that cars with higher mileage have been driven more frequently, which makes them more likely to be in poorer shape. Additionally, both buyers and sellers typically believe that vehicles with lesser mileage would last longer and require fewer maintenance down the road.
Trim Level
The 2014 Toyota Corolla comes in a variety of trim levels, and although if there haven’t always been as many options, they can still have a significant impact on the price of a used Corolla. The Corolla with the higher trim level will be worth more if two Corollas are otherwise equal. However, when buying a new Corolla, the price difference will be less than the price difference between trims.
Model Year
The model year is the last element that can impact the value of a used Corolla. In general, older models will be less valuable. The car likely has more miles on it and is in worse condition, and there are fewer improvements and new features. A 2013 Corolla, for instance, may cost between $16,400 and $17,800, whilst a 2012 model will cost between $14,300 and $15,500.
What is a Toyota Corolla’s lifespan?
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.
What are the Toyota Corolla’s most typical issues?
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.
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!
Is 200k miles for a Toyota a lot?
Toyotas are some of the most durable vehicles on the market, according to an iSeeCars survey of the automakers that sold the most used vehicles with high mileage. According to Business Insider, 1.6% of used Toyotas sold in 2020 had more than 200,000 miles on the odometer and were still in operation.
The Drive also conducted a survey to identify the most dependable, long-lasting vehicles in each sector (SUV, truck, etc.). And more Toyota models were mentioned than those from other brands. In reality, the Lexus ES, a sedan with a lot of Avalon’s design similarities, received “Most Reliable Car in the World.
With the Tundra and Tacoma placing in the top five, Toyota leads the list of pickup trucks. The Highlander, Sequoia, and Land Cruiser are three of Toyota’s top five selling SUV models.
The answer to that question is dependent on a number of variables, including how frequently you drive, how you drive, where you drive, and possibly a little bit of luck. However, according to a Carfax analysis, the average Toyota lasts about 210,705 miles before it needs to be replaced “When it inevitably malfunctions, it is worthless and not worth fixing, according to Forbes.