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
$30,465*
Total Cash Price
$21,838
SE 4dr Sedan (2.0L 4cyl CVT)
True Cost to Own
$31,664*
Total Cash Price
$23,295
L 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$30,328*
Total Cash Price
$21,853
XSE 4dr Sedan (2.0L 4cyl CVT)
True Cost to Own
$34,062*
Total Cash Price
$28,024
XLE 4dr Sedan (1.8L 4cyl CVT)
True Cost to Own
$33,588*
Total Cash Price
$27,109
SE 4dr Sedan (2.0L 4cyl 6M)
True Cost to Own
$33,093*
Total Cash Price
$23,585
SE Nightshade 4dr Sedan (2.0L 4cyl CVT)
True Cost to Own
$31,300*
Total Cash Price
$24,240
Depreciation
$8,669
Taxes & Fees
$1,083
Financing
$1,925
Fuel
$8,478
Insurance
$4,024
Repairs
$1,622
Maintenance
$4,664
Ownership Costs: 5-Year Breakdown
2020 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 | $582 | $354 | $1,714 | $1,126 | $888 | $4,664 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $919 | $41 | $41 | $41 | $41 | $1,083 |
Financing | $673 | $534 | $391 | $241 | $86 | $1,925 |
Depreciation | $3,063 | $1,609 | $1,443 | $1,326 | $1,228 | $8,669 |
Fuel | $1,597 | $1,645 | $1,694 | $1,745 | $1,797 | $8,478 |
True Cost to Own® | $7,694 | $5,210 | $6,448 | $5,728 | $5,385 | $30,465 |
Ownership Costs: 5-Year Breakdown
2020 Corolla Sedan SE 4dr Sedan (2.0L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $775 | $798 | $822 | $847 | $872 | $4,114 |
Maintenance | $636 | $297 | $1,973 | $1,321 | $1,042 | $5,269 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $977 | $41 | $41 | $41 | $41 | $1,141 |
Financing | $718 | $570 | $417 | $257 | $92 | $2,054 |
Depreciation | $3,267 | $1,716 | $1,539 | $1,415 | $1,310 | $9,247 |
Fuel | $1,548 | $1,594 | $1,642 | $1,691 | $1,742 | $8,217 |
True Cost to Own® | $8,023 | $5,262 | $6,795 | $5,993 | $5,591 | $31,664 |
Ownership Costs: 5-Year Breakdown
2020 Corolla Sedan L 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 | $582 | $354 | $1,568 | $1,126 | $888 | $4,518 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $920 | $41 | $41 | $41 | $41 | $1,084 |
Financing | $674 | $534 | $391 | $242 | $86 | $1,927 |
Depreciation | $3,065 | $1,610 | $1,444 | $1,327 | $1,229 | $8,675 |
Fuel | $1,597 | $1,645 | $1,694 | $1,745 | $1,797 | $8,478 |
True Cost to Own® | $7,698 | $5,211 | $6,303 | $5,730 | $5,386 | $30,328 |
Ownership Costs: 5-Year Breakdown
2020 Corolla Sedan XSE 4dr Sedan (2.0L 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 | $636 | $297 | $1,973 | $1,321 | $1,042 | $5,269 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,166 | $41 | $41 | $41 | $41 | $1,330 |
Financing | $864 | $686 | $501 | $309 | $111 | $2,471 |
Depreciation | $3,932 | $2,066 | $1,852 | $1,703 | $1,576 | $11,129 |
Fuel | $1,548 | $1,594 | $1,642 | $1,691 | $1,742 | $8,217 |
True Cost to Own® | $9,006 | $5,711 | $7,174 | $6,314 | $5,857 | $34,062 |
Ownership Costs: 5-Year Breakdown
2020 Corolla Sedan XLE 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 | $775 | $798 | $822 | $847 | $872 | $4,114 |
Maintenance | $582 | $354 | $1,714 | $1,126 | $888 | $4,664 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,129 | $41 | $41 | $41 | $41 | $1,293 |
Financing | $835 | $664 | $485 | $299 | $107 | $2,390 |
Depreciation | $3,803 | $1,998 | $1,792 | $1,647 | $1,525 | $10,765 |
Fuel | $1,646 | $1,696 | $1,746 | $1,799 | $1,853 | $8,740 |
True Cost to Own® | $8,872 | $5,797 | $6,961 | $6,180 | $5,778 | $33,588 |
Ownership Costs: 5-Year Breakdown
2020 Corolla Sedan SE 4dr Sedan (2.0L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $775 | $798 | $822 | $847 | $872 | $4,114 |
Maintenance | $636 | $297 | $1,973 | $1,321 | $1,795 | $6,022 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $989 | $41 | $41 | $41 | $41 | $1,153 |
Financing | $727 | $577 | $422 | $260 | $93 | $2,079 |
Depreciation | $3,308 | $1,738 | $1,558 | $1,433 | $1,326 | $9,363 |
Fuel | $1,646 | $1,696 | $1,746 | $1,799 | $1,853 | $8,740 |
True Cost to Own® | $8,183 | $5,393 | $6,923 | $6,122 | $6,472 | $33,093 |
Ownership Costs: 5-Year Breakdown
2020 Corolla Sedan SE Nightshade 4dr Sedan (2.0L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $775 | $798 | $822 | $847 | $872 | $4,114 |
Maintenance | $636 | $297 | $1,111 | $1,321 | $1,042 | $4,407 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,015 | $41 | $41 | $41 | $41 | $1,179 |
Financing | $747 | $593 | $434 | $268 | $95 | $2,137 |
Depreciation | $3,400 | $1,786 | $1,602 | $1,473 | $1,363 | $9,624 |
Fuel | $1,548 | $1,594 | $1,642 | $1,691 | $1,742 | $8,217 |
True Cost to Own® | $8,223 | $5,355 | $6,013 | $6,062 | $5,647 | $31,300 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2020 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 2020 Toyota Corolla in Virginia is:
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