Used 2016 Toyota Corolla Cost to Own
Total 5-Year Ownership Costs
Corolla Sedan
S Plus 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$31,262*
Total Cash Price
$14,068
L 4dr Sedan (1.8L 4cyl 4A)
True Cost to Own
$39,813*
Total Cash Price
$17,916
S Plus 4dr Sedan (1.8L 4cyl 6M)
True Cost to Own
$33,133*
Total Cash Price
$14,910
LE Eco Premium 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$30,728*
Total Cash Price
$13,828
LE Plus 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$39,011*
Total Cash Price
$17,555
Special Edition 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$37,675*
Total Cash Price
$16,954
S 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$39,813*
Total Cash Price
$17,916
LE Eco Plus 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$37,942*
Total Cash Price
$17,074
LE Premium 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$38,210*
Total Cash Price
$17,194
L 4dr Sedan (1.8L 4cyl 6M)
True Cost to Own
$30,461*
Total Cash Price
$13,707
LE Eco 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$32,598*
Total Cash Price
$14,669
S Premium 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$38,477*
Total Cash Price
$17,315
LE 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$26,720*
Total Cash Price
$12,024
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan S Plus 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $887 | $914 | $941 | $969 | $998 | $4,708 |
Maintenance | $1,244 | $823 | $331 | $1,991 | $2,086 | $6,475 |
Repairs | $461 | $536 | $626 | $734 | $856 | $3,213 |
Taxes & Fees | $787 | $48 | $48 | $48 | $48 | $979 |
Financing | $875 | $707 | $525 | $330 | $121 | $2,558 |
Depreciation | $3,560 | $1,140 | $1,003 | $888 | $797 | $7,387 |
Fuel | $1,120 | $1,152 | $1,188 | $1,223 | $1,260 | $5,942 |
True Cost to Own® | $8,934 | $5,319 | $4,661 | $6,182 | $6,166 | $31,262 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan L 4dr Sedan (1.8L 4cyl 4A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,129 | $1,164 | $1,198 | $1,234 | $1,271 | $5,996 |
Maintenance | $1,584 | $1,047 | $422 | $2,536 | $2,657 | $8,246 |
Repairs | $587 | $682 | $797 | $934 | $1,091 | $4,092 |
Taxes & Fees | $1,003 | $61 | $61 | $61 | $61 | $1,247 |
Financing | $1,115 | $900 | $669 | $420 | $153 | $3,257 |
Depreciation | $4,534 | $1,451 | $1,277 | $1,131 | $1,015 | $9,408 |
Fuel | $1,426 | $1,468 | $1,512 | $1,557 | $1,605 | $7,568 |
True Cost to Own® | $11,378 | $6,774 | $5,936 | $7,873 | $7,852 | $39,813 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan S Plus 4dr Sedan (1.8L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $940 | $968 | $997 | $1,027 | $1,058 | $4,990 |
Maintenance | $1,318 | $872 | $351 | $2,110 | $2,211 | $6,862 |
Repairs | $489 | $568 | $663 | $777 | $908 | $3,405 |
Taxes & Fees | $835 | $51 | $51 | $51 | $51 | $1,038 |
Financing | $928 | $749 | $557 | $350 | $128 | $2,711 |
Depreciation | $3,773 | $1,208 | $1,063 | $941 | $844 | $7,829 |
Fuel | $1,187 | $1,221 | $1,259 | $1,296 | $1,335 | $6,298 |
True Cost to Own® | $9,469 | $5,637 | $4,940 | $6,552 | $6,535 | $33,133 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan LE Eco Premium 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $872 | $898 | $925 | $952 | $981 | $4,628 |
Maintenance | $1,222 | $808 | $325 | $1,957 | $2,050 | $6,364 |
Repairs | $453 | $527 | $615 | $721 | $842 | $3,158 |
Taxes & Fees | $774 | $47 | $47 | $47 | $47 | $963 |
Financing | $860 | $695 | $516 | $324 | $118 | $2,514 |
Depreciation | $3,499 | $1,120 | $986 | $873 | $783 | $7,261 |
Fuel | $1,101 | $1,133 | $1,167 | $1,202 | $1,239 | $5,841 |
True Cost to Own® | $8,781 | $5,228 | $4,582 | $6,077 | $6,060 | $30,728 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan LE Plus 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,107 | $1,140 | $1,174 | $1,209 | $1,245 | $5,875 |
Maintenance | $1,552 | $1,026 | $413 | $2,485 | $2,603 | $8,080 |
Repairs | $575 | $669 | $781 | $915 | $1,069 | $4,009 |
Taxes & Fees | $983 | $60 | $60 | $60 | $60 | $1,222 |
Financing | $1,092 | $882 | $656 | $412 | $150 | $3,192 |
Depreciation | $4,443 | $1,422 | $1,251 | $1,108 | $994 | $9,218 |
Fuel | $1,397 | $1,438 | $1,482 | $1,526 | $1,572 | $7,415 |
True Cost to Own® | $11,149 | $6,637 | $5,817 | $7,715 | $7,694 | $39,011 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan Special Edition 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,069 | $1,101 | $1,134 | $1,167 | $1,203 | $5,674 |
Maintenance | $1,499 | $991 | $399 | $2,400 | $2,514 | $7,803 |
Repairs | $556 | $646 | $754 | $884 | $1,032 | $3,872 |
Taxes & Fees | $949 | $58 | $58 | $58 | $58 | $1,180 |
Financing | $1,055 | $852 | $633 | $398 | $145 | $3,082 |
Depreciation | $4,291 | $1,373 | $1,208 | $1,070 | $960 | $8,903 |
Fuel | $1,349 | $1,389 | $1,431 | $1,473 | $1,519 | $7,161 |
True Cost to Own® | $10,767 | $6,410 | $5,617 | $7,450 | $7,431 | $37,675 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan S 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,129 | $1,164 | $1,198 | $1,234 | $1,271 | $5,996 |
Maintenance | $1,584 | $1,047 | $422 | $2,536 | $2,657 | $8,246 |
Repairs | $587 | $682 | $797 | $934 | $1,091 | $4,092 |
Taxes & Fees | $1,003 | $61 | $61 | $61 | $61 | $1,247 |
Financing | $1,115 | $900 | $669 | $420 | $153 | $3,257 |
Depreciation | $4,534 | $1,451 | $1,277 | $1,131 | $1,015 | $9,408 |
Fuel | $1,426 | $1,468 | $1,512 | $1,557 | $1,605 | $7,568 |
True Cost to Own® | $11,378 | $6,774 | $5,936 | $7,873 | $7,852 | $39,813 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan LE Eco Plus 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,076 | $1,109 | $1,142 | $1,176 | $1,211 | $5,714 |
Maintenance | $1,509 | $998 | $402 | $2,417 | $2,532 | $7,858 |
Repairs | $559 | $650 | $760 | $890 | $1,039 | $3,899 |
Taxes & Fees | $956 | $58 | $58 | $58 | $58 | $1,189 |
Financing | $1,062 | $858 | $638 | $400 | $146 | $3,104 |
Depreciation | $4,321 | $1,383 | $1,217 | $1,078 | $967 | $8,966 |
Fuel | $1,359 | $1,399 | $1,441 | $1,484 | $1,529 | $7,212 |
True Cost to Own® | $10,843 | $6,455 | $5,657 | $7,503 | $7,483 | $37,942 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan LE Premium 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,084 | $1,117 | $1,150 | $1,184 | $1,220 | $5,754 |
Maintenance | $1,520 | $1,005 | $405 | $2,434 | $2,550 | $7,914 |
Repairs | $563 | $655 | $765 | $897 | $1,047 | $3,927 |
Taxes & Fees | $962 | $59 | $59 | $59 | $59 | $1,197 |
Financing | $1,070 | $864 | $642 | $403 | $147 | $3,126 |
Depreciation | $4,351 | $1,393 | $1,226 | $1,085 | $974 | $9,029 |
Fuel | $1,369 | $1,409 | $1,451 | $1,494 | $1,540 | $7,263 |
True Cost to Own® | $10,919 | $6,501 | $5,697 | $7,556 | $7,536 | $38,210 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan L 4dr Sedan (1.8L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $864 | $890 | $917 | $944 | $972 | $4,587 |
Maintenance | $1,212 | $801 | $323 | $1,940 | $2,033 | $6,309 |
Repairs | $449 | $522 | $610 | $715 | $834 | $3,130 |
Taxes & Fees | $767 | $47 | $47 | $47 | $47 | $954 |
Financing | $853 | $689 | $512 | $321 | $117 | $2,492 |
Depreciation | $3,469 | $1,110 | $977 | $865 | $776 | $7,198 |
Fuel | $1,091 | $1,123 | $1,157 | $1,191 | $1,228 | $5,790 |
True Cost to Own® | $8,705 | $5,182 | $4,542 | $6,024 | $6,008 | $30,461 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan LE Eco 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $925 | $953 | $981 | $1,010 | $1,041 | $4,909 |
Maintenance | $1,297 | $858 | $345 | $2,076 | $2,175 | $6,751 |
Repairs | $481 | $559 | $653 | $765 | $893 | $3,350 |
Taxes & Fees | $821 | $50 | $50 | $50 | $50 | $1,021 |
Financing | $913 | $737 | $548 | $344 | $126 | $2,667 |
Depreciation | $3,712 | $1,188 | $1,046 | $926 | $831 | $7,703 |
Fuel | $1,168 | $1,202 | $1,238 | $1,275 | $1,314 | $6,196 |
True Cost to Own® | $9,316 | $5,546 | $4,860 | $6,446 | $6,429 | $32,598 |
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan S Premium 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,092 | $1,125 | $1,158 | $1,192 | $1,228 | $5,795 |
Maintenance | $1,531 | $1,012 | $408 | $2,451 | $2,568 | $7,969 |
Repairs | $567 | $660 | $770 | $903 | $1,054 | $3,954 |
Taxes & Fees | $969 | $59 | $59 | $59 | $59 | $1,205 |
Financing | $1,077 | $870 | $647 | $406 | $148 | $3,148 |
Depreciation | $4,382 | $1,403 | $1,234 | $1,093 | $981 | $9,092 |
Fuel | $1,378 | $1,418 | $1,462 | $1,505 | $1,551 | $7,314 |
True Cost to Own® | $10,996 | $6,546 | $5,737 | $7,609 | $7,589 | $38,477 |
Depreciation
$6,314
Taxes & Fees
$837
Financing
$2,186
Fuel
$5,079
Insurance
$4,024
Repairs
$2,746
Maintenance
$5,534
Ownership Costs: 5-Year Breakdown
2016 Corolla Sedan LE 4dr Sedan (1.8L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $758 | $781 | $804 | $828 | $853 | $4,024 |
Maintenance | $1,063 | $703 | $283 | $1,702 | $1,783 | $5,534 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $673 | $41 | $41 | $41 | $41 | $837 |
Financing | $748 | $604 | $449 | $282 | $103 | $2,186 |
Depreciation | $3,043 | $974 | $857 | $759 | $681 | $6,314 |
Fuel | $957 | $985 | $1,015 | $1,045 | $1,077 | $5,079 |
True Cost to Own® | $7,636 | $4,546 | $3,984 | $5,284 | $5,270 | $26,720 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2016 CorollaTrue 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.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2016 Toyota Corolla in Virginia is:
not available