Value of a 2017 Toyota Corolla: $12,269 to $22,763 | Edmunds.
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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 the maximum mileage for a 2017 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.
Is it wise to purchase a 2017 Toyota Corolla?
How Reliable Is the 2017 Toyota Corolla Used Car? The 2017 Toyota Corolla is a reliable used small car, yes. Although its handling and acceleration are lacking, it more than makes up for this with good fuel economy estimates, a premium cabin, and a wealth of standard modern safety equipment.
What is the best Toyota Corolla available?
The Corolla XSE is the top of the line model, adding to the stylish design with multi-LED headlights, LED accent lights, bumper-integrated daytime running lights, and rear combo taillights with LED backup lights. The inside includes heated front seats with SofTex upholstery, a power tilt/slide moonroof with a sliding sunshade, an 8-way power adjustable driver’s seat, and a 4-way adjustable front passenger seat with a seatback pocket. While a smart key system enables push-button starting, an optional Entune Premium Audio system integrates navigation and an app suite.
What vehicle can be compared to the Toyota Corolla?
The Honda Civic, Mazda3, Hyundai Elantra, Kia Forte, and Nissan Sentra are some of the Corolla’s strong rivals. We’ll examine how the 2019 Corolla compares to other vehicles in this competitive segment below.
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?
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:
What issues are there with the 2017 Toyota Corolla?
For 2017, difficulties with the engine software, quickly degrading brakes, and some door lock problems are rather mild. From 2016 to 2021, Corolla issues are expected to be quite few.
At roughly 6,000 miles, owners most frequently complain about their engines over revving. A vacuum leak at the intake manifold is a typical culprit. It costs less than $100 to install a new gasket.
Another problem with autos is premature brake pad wear, which starts to occur about 30,000 miles. Longer-lasting aftermarket pads can be purchased and installed for roughly $350. Additionally, some owners have changed brake boosters that cost more than $500.
Door lock issues are quite infrequent at 60,000 miles. There are a few minor problems with the actuators and computer. A new key fob battery can also sometimes fix problems, as can resetting the locks in some circumstances.
The average for a compact car is 3 recalls, whereas the Corolla has 3. Airbags, load labels, and spare tire air pressure are all recalled products. None of the recalls are particularly dangerous, and once the free replacement airbags have been installed, they are no longer a problem.
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!
Are Toyota Corolla vehicles dependable?
The Toyota Corolla has a 4.5 out of 5.0 reliability rating, which places it first among 36 compact automobiles. Its great ownership costs are reflected in the $362 average yearly repair cost. Major problems are rare for the Corolla because to the low severity of repairs and average frequency of those problems.
The 2017 Corolla has navigation, right?
A 7-inch touch screen and Entune Audio Plus with Connected Navigation are included as standard in the 2017 Corolla 50th Anniversary Edition (Scout GPS Link App).
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.
Which is better, the LE or SE Corolla?
The price difference between the 2019 Toyota Corolla LE and SE is the most noticeable distinction. See the table below for further information.
The inside and exterior amenities of both cars are highly excellent, but the 2019 Corolla SE merely offers more goodies. View the important features that separate the Corolla LE and SE below!
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.