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Used 2020 Toyota Corolla Cost to Own

Total 5-Year Ownership Costs

Corolla Sedan

LE 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$30,917*

Total Cash Price

$16,342

SE 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$32,254*

Total Cash Price

$17,486

L 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$30,758*

Total Cash Price

$16,017

XSE 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$33,976*

Total Cash Price

$19,046

XLE 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$33,270*

Total Cash Price

$18,473

SE 4dr Sedan (2.0L 4cyl 6M)

True Cost to Own

$34,271*

Total Cash Price

$18,367

SE Nightshade 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$33,711*

Total Cash Price

$18,185

Ownership Costs: 5-Year Total

Depreciation

$7,556

Taxes & Fees

$864

Financing

$2,866

Fuel

$7,391

Insurance

$4,024

Repairs

$2,746

Maintenance

$5,470

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Corolla Sedan LE 4dr Sedan (1.8L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$758$781$804$828$853$4,024
Maintenance$1,051$690$272$1,702$1,755$5,470
Repairs$394$458$535$627$732$2,746
Taxes & Fees$700$41$41$41$41$864
Financing$982$792$589$369$134$2,866
Depreciation$2,601$1,292$1,230$1,290$1,143$7,556
Fuel$1,392$1,434$1,477$1,521$1,567$7,391
True Cost to Own®$7,878$5,488$4,948$6,378$6,225$30,917
Selected Model:

2020 Corolla Sedan SE 4dr Sedan (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$1,251$823$289$2,102$1,925$6,390
Repairs$394$458$535$627$732$2,746
Taxes & Fees$746$41$41$41$41$910
Financing$1,051$847$630$395$144$3,067
Depreciation$2,921$1,224$1,280$1,662$775$7,862
Fuel$1,349$1,390$1,432$1,475$1,519$7,165
True Cost to Own®$8,487$5,581$5,029$7,149$6,008$32,254
Selected Model:

2020 Corolla Sedan L 4dr Sedan (1.8L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$758$781$804$828$853$4,024
Maintenance$1,051$690$272$1,677$1,755$5,445
Repairs$394$458$535$627$732$2,746
Taxes & Fees$687$41$41$41$41$851
Financing$962$777$577$362$131$2,809
Depreciation$2,738$1,160$1,180$1,311$1,103$7,492
Fuel$1,392$1,434$1,477$1,521$1,567$7,391
True Cost to Own®$7,982$5,341$4,886$6,367$6,182$30,758
Selected Model:

2020 Corolla Sedan XSE 4dr Sedan (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$758$781$804$828$853$4,024
Maintenance$1,251$823$289$2,102$1,925$6,390
Repairs$394$458$535$627$732$2,746
Taxes & Fees$808$41$41$41$41$972
Financing$1,144$924$686$430$156$3,340
Depreciation$3,018$1,393$1,579$2,145$1,204$9,339
Fuel$1,349$1,390$1,432$1,475$1,519$7,165
True Cost to Own®$8,722$5,810$5,366$7,648$6,430$33,976
Selected Model:

2020 Corolla Sedan XLE 4dr Sedan (1.8L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$1,051$690$272$1,702$1,755$5,470
Repairs$394$458$535$627$732$2,746
Taxes & Fees$785$41$41$41$41$949
Financing$1,110$896$665$417$152$3,240
Depreciation$3,198$1,308$1,483$2,013$1,130$9,132
Fuel$1,435$1,478$1,523$1,568$1,615$7,619
True Cost to Own®$8,748$5,669$5,341$7,215$6,297$33,270
Selected Model:

2020 Corolla Sedan SE 4dr Sedan (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$1,251$1,528$289$2,102$1,925$7,095
Repairs$394$458$535$627$732$2,746
Taxes & Fees$781$41$41$41$41$945
Financing$1,104$890$661$416$150$3,221
Depreciation$2,513$1,326$1,503$2,042$1,147$8,531
Fuel$1,435$1,478$1,523$1,568$1,615$7,619
True Cost to Own®$8,253$6,519$5,374$7,643$6,482$34,271
Selected Model:

2020 Corolla Sedan SE Nightshade 4dr Sedan (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$1,251$823$289$2,102$1,925$6,390
Repairs$394$458$535$627$732$2,746
Taxes & Fees$774$41$41$41$41$938
Financing$1,093$881$655$411$149$3,189
Depreciation$3,399$1,272$1,441$1,958$1,099$9,169
Fuel$1,349$1,390$1,432$1,475$1,519$7,165
True Cost to Own®$9,035$5,663$5,215$7,461$6,337$33,711

*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.