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Used 2020 Toyota Corolla Hybrid Cost to Own

Total 5-Year Ownership Costs

Corolla Hybrid Sedan

LE 4dr Sedan (1.8L 4cyl gas/electric hybrid CVT)

True Cost to Own

$31,455*

Total Cash Price

$18,288

Ownership Costs: 5-Year Total

Depreciation

$9,329

Taxes & Fees

$1,053

Financing

$3,208

Fuel

$4,204

Insurance

$5,431

Repairs

$2,425

Maintenance

$5,805

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Corolla Hybrid Sedan LE 4dr Sedan (1.8L 4cyl gas/electric hybrid CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,023$1,054$1,085$1,118$1,151$5,431
Maintenance$1,171$833$296$1,625$1,880$5,805
Repairs$350$408$474$552$641$2,425
Taxes & Fees$679$96$96$96$86$1,053
Financing$1,099$886$659$414$150$3,208
Depreciation$3,432$1,300$1,473$2,000$1,124$9,329
Fuel$792$816$840$865$891$4,204
True Cost to Own®$8,546$5,393$4,923$6,670$5,923$31,455

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.