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Compact Sedan · Model guide*

Toyota Corolla.

Cheap to own, impossible to kill, and available as a hybrid with around 50 mpg.

Starting MSRP
$23,325*
2027 Corolla LE
Fuel economy
up to 50 mpg (hybrid)
Seats
5
Power
169 hp / 138 hp hybrid
Toyota Corolla compact sedan

What a Toyota Corolla costs where you live.

With the taxes and fees for Arizona, where you register the car. Type the price, or start at the starting MSRP, and see it as cash, a loan, and a lease. Nothing you type leaves this page.

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Lease or buy, over 36 months

 

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An estimate on the numbers you type, not an offer of credit or a quote from any dealership. Starting loan rates are Rateous's rates for each credit range and term; they are not an offer from any lender. The starting money factor, residual, and acquisition fee are starting figures only; the leasing company sets the real ones. The documentary fee starts at an example figure, the state's legal cap where it has one or $599 where it does not, not any dealership's fee; each dealership sets its own. Taxes and state fees are estimates for Arizona; the dealership's paperwork and your motor vehicle agency have the final numbers. What you own at the end assumes the car is worth the residual. Nothing you type is sent, saved, or used to check your credit.

Corolla trims.

LEThe entry point: Toyota Safety Sense 3.0, 8-inch touchscreen, wireless CarPlay and Android Auto, LED headlights.
SEAdds the sport look: 18-inch alloys, sport seats and grille, paddle shifters, rear spoiler.
XSEThe loaded one: SofTex-trimmed heated front seats, blind spot monitor, 10.5-inch screen availability, dual-zone climate.
Hybrid LESame LE kit with the 138 hp hybrid at roughly 50 mpg combined.
Hybrid SEHybrid economy wearing the SE sport styling; available AWD.
Hybrid XLEThe comfort hybrid: heated SofTex seats, blind spot monitor, upgraded interior trim.

Every new Toyota carries a 3 year / 36,000 mile basic warranty, 5 year / 60,000 mile powertrain coverage, and ToyotaCare complimentary maintenance for 2 years / 25,000 miles.

Compare the Corolla.

More Toyota cars
Toyota CamryMidsize Sedan · Starting MSRP $29,600*Toyota PriusHybrid Hatchback · Starting MSRP $28,755*Toyota CrownPremium Sedan · Starting MSRP $41,640*Toyota GR86Sports Coupe · Starting MSRP $31,500*
Its closest rivals, by body style, size, and class
Nissan SentraCompact Sedan · Starting MSRP $22,990*Hyundai ElantraCompact Sedan · Starting MSRP $22,825*Volkswagen JettaCompact Sedan · Starting MSRP $23,995*Kia K4Compact Sedan · Starting MSRP $22,290*

Questions.

How much does the Toyota Corolla cost?

The 2027 Toyota Corolla has a starting MSRP of $23,325 for the Corolla LE, as Toyota advertises it, before the destination charge, options, taxes, and fees. Higher trims cost more; the Hybrid XLE tops the range. Plus each dealership's own documentary fee (not a government fee), taxes, and government fees.

What trims does the Toyota Corolla come in?

Six: LE, SE, XSE, Hybrid LE, Hybrid SE, and Hybrid XLE.

What gas mileage does the Toyota Corolla get?

Up to 50 mpg (hybrid), depending on the trim and powertrain, per the manufacturer's published figures.

How many seats does the Toyota Corolla have?

5.

Should I lease or buy a Toyota Corolla?

It depends on how long you will keep it and how far you drive. Open the calculator on this page, type the price you agreed on, and compare the lease and the loan over the same months, with your state's taxes and your own credit tier.

Price the Corolla on your numbers.

Every new car priced three ways for where you live, with taxes and fees. No credit pull, nothing sent to anyone.

By The Model Black · Updated October 7, 2026

Sources.