3 min read
28 Jul

Comprehensive Review and Pricing Guide: Toyota Corolla (2006-2022) Model Years

The Toyota Corolla is a stalwart in the compact sedan segment and has, since its inception in 1966, become synonymous with reliability, fuel efficiency, and affordability. From the ninth to the current twelfth generation, the Corolla has continued to evolve, offering a mix of trim levels and prices to suit a wide range of drivers. 

The Corolla's journey from 2006 to 2022 showcases the brand's commitment to constant innovation, delivering superior value in the compact car segment. From the basic CE trim to the sophisticated XSE, there's a Corolla for every budget and lifestyle. 

In this comprehensive guide, we will detail each model year, examining every trim level, their respective initial and current prices, and the unique features they offer. 

Related Reading: The Top 10 Most Fuel-Efficient Used Cars On The Market In 2023 

2006-2008: Ninth Generation Toyota Corolla

2008-2010_Toyota_Corolla_Altis_Ph Mike384 via Wikimedia.
Current Used Car Prices:Used Car PriceMileage
Toyota Corolla 2006$3,550 to $12,950173 to 240,412 Miles
Toyota Corolla 2007$4,895 to $11,99539,518 to 225,293 Miles
Toyota Corolla 2008$2,999 to $13,99912,097 to 248,754 Miles

The ninth-generation Corolla (2006-2008) came in three trim levels: CE, S, and LE. The base CE model was priced around $15,000, featuring standard amenities like air conditioning, a CD player, and power mirrors. 

The sporty S model, priced around $16,000, added sporty design cues, a leather-wrapped steering wheel, and fog lights. The top-tier LE model, starting at $17,000, provided an enhanced level of comfort with power windows and remote keyless entry. 

Today, you can get a used 2008 Corolla for as low as $3,000 (₦2.330 million) on TrueCar’s used car market. The base CE, with its 1.8-liter 4-cylinder engine, provided a balance of performance and fuel economy. 

The S trim added sporty aesthetics, while the LE offered higher-end features like power windows and keyless entry. 

2009-2013: Tenth Generation Toyota Corolla

2013 Toyota_Corolla_E140_Pakistan illusive255 via Wikimedia.
Current Used Car Prices:Used Car PriceMileage
Toyota Corolla 2009$4,900 to $14,99426,965 to 240,161 Miles
Toyota Corolla 2010$4,995 to $13,70040,013 to 391,381 Miles
Toyota Corolla 2011$5,950 to $17,99823,704 to 220,990 Miles
Toyota Corolla 2012$5,500 to $18,99814,982 to 200,362 Miles
Toyota Corolla 2013$5,999 to $18,99817,177 to 235,153 Miles

The tenth-generation Corolla (2009-2013) introduced a new trim, the XRS, alongside the existing CE, S, and LE trims. The base CE model maintained its competitive pricing, starting at $15,350, while continuing to offer essential features like power mirrors, air conditioning, and a CD player. 

The S version, priced at $16,500, featured a sportier exterior, complete with a rear spoiler, and a leather-wrapped steering wheel.

The LE model, beginning at $17,300, offered power windows and locks, while the newly introduced XRS, at around $18,500, boasted a more powerful engine, sport-tuned suspension, and 16-inch alloy wheels. 

The good news is the 10th-gen Corolla now cost as low as $5,000 (₦3.9 million) in the used car market. While the XLE catered to comfort-oriented buyers with luxury features, the XRS had a more powerful engine and sports-tuned suspension. 

2014-2019: Eleventh Generation Toyota Corolla

2019 Toyota_Corolla_Hybrid_Sedan,_GIMS_2019,_Le_Grand-Saconnex_(GIMS1338) Matti Blume via Wikimedia.
Current Used Car Prices:Used Car PriceMileage
Toyota Corolla 2014$8,710 to $19,99719,332 to 256,111 Miles
Toyota Corolla 2015$6,995 to $20,99812,350 to 208,834 Miles
Toyota Corolla 2016$7,999 to $21,4888,803 to 219,562 Miles
Toyota Corolla 2017$9,500 to $24,9953,642 to 216,361 Miles
Toyota Corolla 2018$9,999 to $29,9952,861 to 166,849 Miles
Toyota Corolla 2019$9,401 to $26,9952,585 to 237,429 Miles

The eleventh generation (2014-2019) saw the debut of the Eco trim, emphasizing fuel efficiency. The CE remained as the base model, starting at $16,800, while the LE, priced at $18,500, enhanced its feature set with automatic climate control and a backup camera. 

The S model, beginning at $19,000, now offered paddle shifters and sport front seats, while the new Eco model, starting at $19,500, featured a more fuel-efficient engine and low-rolling-resistance tires. 

The 10th-generation Corolla now sell for $9,000 (₦7 million) to $27,000 (₦21 million), although the higher price point are typically fully-loaded and have less than 3,000 miles on the odometer. The eco-friendly LE Eco trim used the company’s Valvematic technology, boosting fuel efficiency significantly. 

2020-2022: Twelfth Generation Toyota Corolla

2022 Toyota Corolla.
Current Used Car Prices:Used Car PriceMileage
Toyota Corolla 2020$11,500 to $30,4921,110 to 157,222 Miles
Toyota Corolla 2021$12,999 to $28,945170 to 187,092 Miles
Toyota Corolla 2022$16,777 to $31,99520 to 126,890 Miles

The twelfth generation (2020-2022) offered a major redesign. The base L model, priced around $19,600, came with advanced safety features, including Toyota Safety Sense 2.0. The LE, priced at $20,050, offered an 8-inch touchscreen and automatic climate control. 

The sporty SE, starting at $22,050, featured a more powerful engine, sport-tuned suspension, and 18-inch alloy wheels. The XLE, beginning at $24,050, added luxury features like SofTex-trimmed heated front seats and a power tilt/slide moonroof. 

The XSE, priced at $25,550, combined the sporty features of the SE with the luxury elements of the XLE. The Eco, starting at $20,550, continued to prioritize fuel efficiency with its unique engine tuning and aerodynamic design. 

Related Reading: Best Features Of The 2023 Toyota Corolla: Everything You Need To Know 

Toyota also introduced hybrid models in this generation, with the Hybrid LE starting at $23,400 and offering exceptional fuel efficiency. The Hybrid XLE, priced at $28,600, combined the luxury features of the XLE trim with the Hybrid powertrain. 

Although the 2023 Corolla starts at $22,795 (₦17.7 million), some shoppers might find the 2022 model a bargain considering the uniform design and equipment list. 

The 12th Generation marked the introduction of the hybrid model and the sophisticated XSE and SE Nightshade trims. The Corolla Hybrid boasted an impressive 52 combined MPG. 

The XSE offered high-end features like a sport mesh gray metallic front grille, while the SE Nightshade Edition came with blacked-out Corolla features. 

Let's delve deeper into the unique offerings of each model year in the twelfth generation. 

2022 Toyota Corolla price.

2020 Toyota Corolla:

In 2020, Toyota introduced a new dynamic exterior design, drawing attention with its sleek lines and aggressive grille. 

The standard Toyota Safety Sense 2.0 on every trim level offered advanced safety tech such as pre-collision system, lane departure alert, automatic high beams, road sign assist, and adaptive cruise control. 

The sporty SE and XSE trims featured a 2.0-liter Dynamic Force Engine, offering increased horsepower and torque compared to the base models. The newly introduced Hybrid LE model achieved an impressive EPA-estimated 52 combined mpg. 

2021 Toyota Corolla:

The 2021 model year continued the momentum of the previous year, with an addition of Android Auto to the infotainment system across all trims. 

The new Apex Edition, based on the SE and XSE trims, offered a sport-tuned exhaust, body kit, and unique black-and-bronze wheels, priced from $25,070 for the SE Apex and $28,210 for the XSE Apex. 

The Nightshade Edition, available on the SE and XSE trims, added blacked-out exterior accents for a stealthy look, priced from $22,750 for the SE Nightshade and $26,820 for the XSE Nightshade. 

2022 Toyota Corolla:

The 2022 Corolla introduced a new Corolla Cross, a crossover variant, to the lineup. The sedan models continued to offer the same reliability and value, with the addition of satellite radio now standard on all trims. 

A new Special Edition, based on the SE trim, featured an exclusive body kit, special badging, and a unique Black Sand Pearl color, starting at $22,750. 

The Hybrid models remained a popular choice for eco-conscious drivers, with the Hybrid LE providing an excellent balance of efficiency and affordability. 

Summary Of The Pricing Evolution of Toyota Corolla From 2006 To 2022

From 2006 to 2022, the Toyota Corolla has consistently offered a mix of affordability, reliability, and high-quality features that cater to a variety of drivers. 

Whether you're seeking the basic comfort of the CE trim or the sporty flair of the SE, the fuel-efficiency of the Eco, or the luxury of the XLE, there's a Corolla to meet your needs. 

The Corolla remains a compelling choice in the compact sedan segment, delivering quality and value in every model year. 

Pricing Sources: TrueCar

* The email will not be published on the website.