Value of a 2012 Toyota Corolla: $4,615 to $12,517 | Edmunds.
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What is the maximum mileage for a 2012 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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Are Toyota Corollas from 2012 any good?
The 2012 Toyota Corolla has outstanding safety ratings and a smooth ride, but reviewers said that a boring interior and uninteresting driving experience make it less appealing than many competitors.
What issues does the Toyota Corolla from 2012 have?
Compared to other compact cars in the same price range, the 2012 Toyota Corolla has less issues. The 2013 model has the same amount of issues as the older model.
The most frequent issue owners report is noisy brakes. Brake pads or rotors that are worn out are the problem’s most common cause. A new set of rotors costs roughly $800, and replacing the pads costs about $200.
A/C issues are another frequent problem. Usually, the compressor or solenoid switch are to blame for the issue. A new compressor costs about $600, while changing the switch only costs about $100.
Another common issue with the Corolla and other Toyota automobiles is door lock issues. The actuator has a weakness and malfunctions. Depending on local labor prices, replacing the assembly costs roughly $200.
There are five recalls, which is typical for a 2012 model. The calibration of the occupant sensing system and air bags are among the recalls. Recalls involving air bags are the most serious since they might result in injuries in the event of an accident.
Timing belt on a 2012 Corolla?
The engine of your Corolla has a timing chain rather than a timing belt, which is good news, Amy. The timing chain should last the lifetime of the engine, however the timing belt needs to be replaced on a regular basis.
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.
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!
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.
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 are used Toyota cars priced?
It is stated that as soon as a car leaves the dealership, it loses 10-15% of its value. The vehicle’s value continues to decline over time, which depends on a number of different circumstances. According to Toyota Kirloskar India, even after five years of use, Toyota cars can retain up to 68% of their original value. This indicates that Toyota vehicles keep a high value even after many years of ownership and that their resale value is higher than the market average. Let’s find out if this is the case or not. But first, have a look at the TV commercial below, in which Toyota asserts that even five years later, its cars still retain 68% of their worth.
When it comes to the Toyota model portfolio in India, the Etios hatchback is the manufacturer’s most economical vehicle, and luxury SUVs like the Land Cruiser round out the list. The Toyota Innova Crysta is the Japanese manufacturer’s best-selling car and is very well-liked in India. Here are a few examples of the most popular Toyota models that, even after five years of ownership, have maintained close to the advertised amount of resale value.
Do Toyota vehicles have a high rate of resale?
One of the most crucial things to think about when purchasing a new car is the depreciation of the vehicle. While some used automobiles retain their worth rather well, others see a sharp decline in value as soon as the wheels leave the forecourt. Toyota is one of the greatest automakers for resale value, with returns ranging from 50% for base models to up to 70% for high-end versions. What accounts for their high resale value?
Are there any 2012 Toyota Corolla recalls?
At 1-888-270-9371, owners can reach Toyota customer support. Toyota’s recall numbers are 20TB03 and 20TA03. Toyota Motor Engineering & Manufacturing (Toyota) is recalling specific models of the Corolla, Matrix, Avalon, and Avalon Hybrid from the years 2011 through 2019.
How many kilometers 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.
A 2012 Corolla belongs to what generation?
In Japan, the Corolla’s eleventh generation went on sale in May 2012.
[11] The Corolla Fielder is the name of the wagon, whereas the Corolla Axio is the name of the sedan. Both are produced in Japan by Central Motors, a Toyota subsidiary located in Miyagi Prefecture. [12] The new model is simpler for the intended elderly drivers to maneuver in parking spaces and narrow alleys due to its slightly lower external dimensions. [13]
The new Corolla Axio is offered with front- or all-wheel drive and either a 1.3-liter 1NR-FE or 1.5-liter 1NZ-FE four-cylinder engine. There are five-speed manual and CVT gearboxes available. All-wheel-drive and the 1.3-liter engine are only offered with the CVT transmission. [14] The 1.5-liter 1NZ-FE or 1.8-liter 2ZR-FAE four-cylinder engines for the Corolla Fielder can be paired with a CVT transmission. The 1.8-liter is exclusively provided with front-wheel drive, whereas the 1.5-liter is available with both front- and all-wheel drive. [15]
In August 2013, Toyota introduced hybrid versions of the Corolla Axio sedan and Corolla Fielder wagon for the Japanese market. The Toyota Prius C-like 1.5-liter hybrid powertrain found in both vehicles has a fuel economy of 3.03 L/100 km (93.2 mpgimp; 77.6 mpgUS) when tested using the JC08 test cycle. Toyota has set a monthly sales goal of 1,500 units for the Corolla Fielder hybrid and 1,000 units for the Corolla Axio hybrid in Japan. [16]
Does the Toyota Corolla have issues with the transmission?
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.
Is the 1.8-liter Toyota Corolla engine reliable?
The base motor is a 1.8L 4-cylinder DOHC with 132 horsepower (model 2ZR-FE). It is an established basic and dependable motor. It can survive well over 200K miles with proper upkeep. The Camry and RAV4 share a 2.4L 4-cylinder 2AZ-FE engine that produces 158 horsepower with the Corolla XRS.
Does the Toyota Corolla from 2009 to 2013 have a timing belt or chain? There is no timing belt; the timing chain is present in both the 1.8L and 2.4L engines. If the timing chain is functioning properly, there is no need to replace it. Check the oil level between oil changes and top it off if necessary to extend the life of the timing chain. A low oil level will cause the chain to wear out more quickly.