What Is The Value Of A 2014 Toyota Corolla?

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.

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.


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

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

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.

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.

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?

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!

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.

Is 2014 a good year for the Toyota Corolla?

Is the 2014 Toyota Corolla Reliable? The Corolla has one of the highest reliability ratings in its class, a four out of five, from J.D. Power and Associates. The majority of compact automobiles receive a three out of five rating.

Are there any 2014 Toyota Corolla recalls?

Toyota Motor Engineering & Manufacturing North America, Inc. (Toyota) is recalling some Camry and Camry HV models from 2013 to 2014, Avalon models from 2013 and Avalon HV models from 2013, and Corolla models from 2014. The windshield wiper switch assembly in the impacted automobiles may short circuit.

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 2014–2016 Corolla L (CE in Canada), for buyers who want a conventional transmission.

What are the Toyota Corolla’s most typical issues?

The Toyota Corolla is one of the most well-liked automobiles in the world thanks to its excellent crash test ratings, reasonable pricing, and features like distance pacing and a driver footrest. Even though the Corolla is popular, there are some issues with it, so if you plan to drive one, you should be aware of them. Some of the most typical issues that owners of this car have reported to RepairPal have been compiled.

What version of the Toyota Corolla is the best?

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.

Which is superior, the Camry or the Corolla?

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.

Which Toyota has the best value retention?

One of the many reasons Toyota vehicles retain their value for such a long time is their reputation for dependability. Check out these highly coveted Toyota models that have won awards!

Toyota 4Runner

Purchasing a car is one of the biggest expenditures you’ll ever make, so you obviously want to get one that will retain its worth properly. Since Toyota received one of Kelley Blue Book’s two 2018 Best Brand Awards, you can have confidence in its resale value. When sold 36 months after purchase, the 2018 Toyota Tacoma has the best resale value, with an almost astounding 69.6% value. It comes as no surprise that this model has the highest resale value given its versatility and effectiveness. The 4Runner and Tundra also reached the top 10 list because to outstanding resale value, even after 60 months. So, if you’re looking for a car that will hold its value, think about buying one of these three Toyota models.

Which automaker offers the best resale value?

Top 10 Indian vehicles with the Highest Resale Value

  • Swift by Maruti Suzuki.
  • Innova by Toyota.
  • EcoSport by Ford.
  • Suzuki Wagon R by Maruti.
  • Grand i10 Hyundai
  • Nissan City.
  • Scorpio from Mahindra.
  • Creta by Hyundai.

Do Toyotas lose value over time?

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: