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

$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

Ownership Costs: 5-Year Total

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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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 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.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2020 Toyota Corolla in Virginia is:

not available
Legal