Toyota Corolla Depreciation

A 10-year-old Corolla sells for a median $12,90044.9% below a 1-year-old at $23,419 — based on 20,847 live used listings across 10 model years (computed 2026-08-16).

Value by model year

Median advertised price of each model year on the used market today.

2025 (1yr)
$23,419
100%
2024 (2yr)
$21,712
92.7%
2023 (3yr)
$21,242
90.7%
2022 (4yr)
$19,182
81.9%
2021 (5yr)
$17,798
76%
2020 (6yr)
$16,950
72.4%
2019 (7yr)
$15,225
65%
2018 (8yr)
$14,495
61.9%
2017 (9yr)
$13,995
59.8%
2016 (10yr)
$12,900
55.1%
Model yearAgeMedian pricevs 1-year-oldListings
20251 yr$23,419100%3,425
20242 yr$21,71292.7%5,458
20233 yr$21,24290.7%2,270
20224 yr$19,18281.9%2,055
20215 yr$17,79876%1,775
20206 yr$16,95072.4%1,820
20197 yr$15,22565%863
20188 yr$14,49561.9%880
20179 yr$13,99559.8%1,095
201610 yr$12,90055.1%1,206

Median advertised prices from live used-market listings, computed 2026-08-16. Years with fewer than 25 listings are omitted — never estimated.

See what Corollas actually sell for near you

Medians are the map — live listings are the territory. Search current Toyota Corolla inventory by year, then negotiate from data.

Search used Corolla listings

Frequently asked questions

How much does a Toyota Corolla depreciate?

Based on live used-market data (20,847 listings, computed 2026-08-16), a 10-year-old Corolla lists for a median $12,900 — 44.9% less than a 1-year-old at $23,419. The year-by-year table above shows where the value falls fastest.

How is this depreciation curve calculated?

It's cross-sectional: for each model year we take the median advertised price of Toyota Corolla listings on the used market today (only years with at least 25 listings count). That answers the practical question — what does each age of this car actually sell for right now — rather than projecting a hypothetical future.

Are these prices what I should pay?

They are median ADVERTISED prices — the starting point, not the finish line. Real buyers negotiate below asking; search live listings to see current local inventory, and remember advertised medians include dealer pricing strategy, not just vehicle value.

Is the Corolla a good buy used?

The curve is the honest answer: a steep early drop makes 2–3-year-old examples the value pick; a flat curve means used examples stay expensive and buying new (or newer) costs less than it appears. For the Corolla, the table above shows exactly which ages carry the steepest discounts.

Depreciation by model