Skip to main content

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

$41,400*

Total Cash Price

$18,258

SE 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$43,907*

Total Cash Price

$19,670

L 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$40,218*

Total Cash Price

$17,359

XSE 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$44,775*

Total Cash Price

$20,916

XLE 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$44,400*

Total Cash Price

$20,315

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

True Cost to Own

$46,383*

Total Cash Price

$20,396

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

True Cost to Own

$44,738*

Total Cash Price

$20,425

Ownership Costs: 5-Year Total

Depreciation

$8,921

Taxes & Fees

$2,133

Financing

$3,202

Fuel

$11,160

Insurance

$7,241

Repairs

$2,854

Maintenance

$5,889

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$1,364$1,405$1,447$1,490$1,535$7,241
Maintenance$1,099$725$287$1,935$1,843$5,889
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,562$156$147$139$129$2,133
Financing$1,097$885$658$413$149$3,202
Depreciation$3,339$1,404$1,228$1,512$1,438$8,921
Fuel$2,102$2,165$2,230$2,297$2,366$11,160
True Cost to Own®$10,970$7,217$6,554$8,438$8,221$41,400
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,452$1,496$1,540$1,587$1,634$7,709
Maintenance$1,307$864$304$2,230$2,018$6,723
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,678$164$155$142$127$2,266
Financing$1,182$953$709$445$161$3,450
Depreciation$3,393$1,406$1,937$2,267$1,086$10,089
Fuel$2,037$2,099$2,161$2,226$2,293$10,816
True Cost to Own®$11,456$7,459$7,363$9,549$8,080$43,907
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,364$1,405$1,447$1,490$1,535$7,241
Maintenance$1,099$725$287$1,766$1,843$5,720
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,488$153$145$137$128$2,051
Financing$1,043$842$625$392$143$3,045
Depreciation$2,876$1,376$1,226$1,389$1,280$8,147
Fuel$2,102$2,165$2,230$2,297$2,366$11,160
True Cost to Own®$10,379$7,143$6,517$8,123$8,056$40,218
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,364$1,405$1,447$1,490$1,535$7,241
Maintenance$1,307$864$304$2,230$2,018$6,723
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,779$169$159$146$130$2,383
Financing$1,257$1,014$753$473$171$3,668
Depreciation$3,684$1,539$2,072$2,508$1,287$11,090
Fuel$2,037$2,099$2,161$2,226$2,293$10,816
True Cost to Own®$11,835$7,567$7,453$9,725$8,195$44,775
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,452$1,496$1,540$1,587$1,634$7,709
Maintenance$1,099$725$287$1,935$1,843$5,889
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,731$169$159$146$130$2,335
Financing$1,221$985$731$459$167$3,563
Depreciation$3,141$1,538$2,072$2,507$1,287$10,545
Fuel$2,167$2,232$2,299$2,368$2,439$11,505
True Cost to Own®$11,218$7,622$7,645$9,654$8,261$44,400
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,452$1,496$1,540$1,587$1,634$7,709
Maintenance$1,307$1,607$304$2,230$2,018$7,466
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,737$166$157$143$127$2,330
Financing$1,225$989$735$461$167$3,577
Depreciation$3,689$1,506$2,029$2,457$1,261$10,942
Fuel$2,167$2,232$2,299$2,368$2,439$11,505
True Cost to Own®$11,984$8,473$7,621$9,898$8,407$46,383
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$1,452$1,496$1,540$1,587$1,634$7,709
Maintenance$1,307$864$304$2,230$2,018$6,723
Repairs$407$477$557$652$761$2,854
Taxes & Fees$1,739$168$158$145$129$2,339
Financing$1,227$990$736$462$167$3,582
Depreciation$3,526$1,493$2,012$2,435$1,249$10,715
Fuel$2,037$2,099$2,161$2,226$2,293$10,816
True Cost to Own®$11,695$7,587$7,468$9,737$8,251$44,738

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

Shop nowLearn about the 2020 Corolla 

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.