What Is A 2014 Toyota Corolla Worth

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.

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.

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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Key Points

  • 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.
  • There may be a widespread recall of airbag inflators as a result of ongoing NHTSA investigations.
  • Although there are more concerns about the 2014 model year than earlier years. There have been 226 reports filed with the NHTSA.
  • 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.
  • 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.

The Toyota Corolla from 2008 has front-wheel drive.

There are three trim levels for the 2008 Toyota Corolla: CE, S, and LE. An automatic or manual transmission is mated to a four-cylinder engine. As a rule, front-wheel drive is used.

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.

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!

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.

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 practically depreciation-proof because it can retain up to 90% of its value even after three years.

How long do Toyota cars maintain their value?

Toyota tops the list of automakers with vehicles that lose 42.3% of their value on average after five years of ownership. This is less than the 49.6% global average.

The reliability of the brand helps Toyota automobiles maintain their value across all vehicle sectors, according to Ly.

Of the 10 vehicles on the list, two, the Dodge and Mitsubishi, depreciate at rates of 51.4% and 51.8% more than the industry average. These are nevertheless greater than the most depreciating automakers, such as Maserati with an average depreciation rate of 66.4% and Buick with an average depreciation rate of 60.1%.

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:

How long does a CVT transmission on a Toyota Corolla last?

The lifespan of a CVT transmission is the same as that of a conventional automatic transmission, and they are built to last the entire life of the car. The lifespan of a normal CVT is at least 100,000 kilometers. Some vehicles, like the Toyota Prius, frequently have a lifespan of far over 300,000 kilometers. Some brands, like other automotive parts, last longer than others when maintained properly.

When did the Corolla receive its CVT?

The Corolla has a continuously variable gearbox (CVT) as of 2014. The 4-speed automatic is still available in the 20142016 Corolla L (CE in Canada), for buyers who want a conventional transmission.

Has the Corolla a CVT?

There are also two other new advantages. First off, the new Launch Gear addition allowed engineers to further tune every component of the transmission.

For the modern driver, the new Direct Shift-CVT is a win-win situation. The best part is that drivers can expect more of the qualities they currently adore about their Toyota: smoother acceleration, more responsive performance, and even further decreased fuel consumption.

The new Direct Shift-CVT opens up a new world of possibility for Toyota drivers looking for the most fuel-efficient performance possible. When combined with the most recent Toyota Dynamic Force Engine, which is equipped with numerous fuel-saving innovations, a high-tech fuel injection system, and world-leading thermal efficiency thanks to a compression ratio that approaches exotic car levels, it further increases the engine’s fuel efficiency.

Select Toyota vehicles, including the Toyota Corolla Hatchback, are now receiving the new Toyota Direct Shift-CVT with Dynamic Force engine.

What does a 2014 Toyota Corolla “maintenance necessary” mean?

On your dashboard, the Toyota maintenance light may read “MAINT REQD. It’s a light that is always on and alerts you when you require an oil change at a licensed auto shop. Your Toyota will run more smoothly and efficiently if you change the oil in your car.

How long is a maintenance light good for?

The oil light suddenly came on. You’re clueless as to why. And to make matters worse, you don’t really have a lot of time right now to worry about it.

How long can you drive with this object is in your face, you ponder. wonderful question We’ll respond to it and explain why it could have initially surfaced. Move along!

How Long Can You Drive With Oil Light On?

If the oil light comes on, you should try to get a repair to look at your car as soon as possible. However, keep in mind that a little more driving around won’t harm anything.

Typically, it takes about two weeks or 500 miles of driving before a flashing oil light becomes a serious issue. However, once that happens, things can quickly deteriorate and cause significant mechanical damage. Therefore, attempt to get your car serviced as soon as possible.

There’s Not Enough Oil in the Car

Numerous issues, including blown head gaskets and broken valves, can cause engines to leak oil. Whatever the case, if oil leaks from your car, it will begin to suffer and may eventually sustain catastrophic damage. As a result, the oil light will turn on when there isn’t enough oil in the vehicle.

The Vehicle’s Oil Pressure Is Low

A vehicle needs enough oil pressure to operate at peak performance. However, keep in mind that a number of things (such as an obstructed oil filter, a broken pressure gauge, insufficient engine oil, etc.) could cause the oil pressure to go too low. This will cause the oil light to come on.

The Oil Pressure Sensor is Malfunctioning

The malfunction of your oil pressure sensor may also cause your oil light to come on. Randomly, this happens, usually as a result of normal wear and tear. If the problem is not corrected, your car won’t have enough oil pressure, which will eventually cause more harm.

The Oil Pump Is Bad

A car’s oil pump may eventually fail as a result of wear and tear on the vehicle. The oil light will unquestionably respond to this. The only option at that point would be to replace the pump since if you don’t, your engine would experience increased friction and end its life much earlier than it should.

Is Your Oil Light Still On?

We have a group of expert vehicle repair specialists who will locate the cause of your check engine light before taking steps to fix it.