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

$30,617*

Total Cash Price

$16,546

SE 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$32,059*

Total Cash Price

$17,738

L 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$30,499*

Total Cash Price

$16,300

XSE 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$33,764*

Total Cash Price

$19,189

XLE 4dr Sedan (1.8L 4cyl CVT)

True Cost to Own

$32,887*

Total Cash Price

$18,468

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

True Cost to Own

$33,874*

Total Cash Price

$18,334

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

True Cost to Own

$33,702*

Total Cash Price

$18,656

Ownership Costs: 5-Year Total

Depreciation

$7,460

Taxes & Fees

$1,566

Financing

$2,902

Fuel

$7,561

Insurance

$3,572

Repairs

$2,491

Maintenance

$5,065

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$673$693$714$735$757$3,572
Maintenance$965$647$248$1,610$1,595$5,065
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,102$139$124$108$93$1,566
Financing$994$802$596$374$136$2,902
Depreciation$2,568$1,276$1,215$1,273$1,128$7,460
Fuel$1,424$1,467$1,511$1,556$1,603$7,561
True Cost to Own®$8,086$5,443$4,895$6,223$5,970$30,617
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$688$709$730$752$774$3,653
Maintenance$1,177$776$265$2,021$1,784$6,023
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,180$149$132$116$99$1,676
Financing$1,066$860$639$401$145$3,111
Depreciation$2,889$1,211$1,266$1,644$767$7,777
Fuel$1,380$1,422$1,464$1,508$1,554$7,328
True Cost to Own®$8,740$5,546$4,983$7,009$5,781$32,059
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$673$693$714$735$757$3,572
Maintenance$965$647$248$1,584$1,595$5,039
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,086$137$122$106$91$1,542
Financing$979$791$587$368$134$2,859
Depreciation$2,717$1,151$1,171$1,301$1,095$7,435
Fuel$1,424$1,467$1,511$1,556$1,603$7,561
True Cost to Own®$8,204$5,305$4,840$6,217$5,933$30,499
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$673$693$714$735$757$3,572
Maintenance$1,177$776$265$2,021$1,784$6,023
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,275$161$143$125$107$1,811
Financing$1,153$930$691$434$158$3,366
Depreciation$2,965$1,368$1,551$2,106$1,183$9,173
Fuel$1,380$1,422$1,464$1,508$1,554$7,328
True Cost to Own®$8,983$5,769$5,315$7,496$6,201$33,764
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$688$709$730$752$774$3,653
Maintenance$965$647$248$1,610$1,595$5,065
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,228$155$138$121$103$1,745
Financing$1,110$895$665$418$151$3,239
Depreciation$3,117$1,275$1,445$1,962$1,102$8,901
Fuel$1,468$1,512$1,557$1,604$1,652$7,793
True Cost to Own®$8,936$5,612$5,270$7,034$6,035$32,887
Selected Model:

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

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$688$709$730$752$774$3,653
Maintenance$1,177$1,438$265$2,021$1,784$6,685
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,219$154$137$120$103$1,733
Financing$1,102$888$661$414$151$3,216
Depreciation$2,446$1,291$1,462$1,988$1,116$8,303
Fuel$1,468$1,512$1,557$1,604$1,652$7,793
True Cost to Own®$8,460$6,411$5,299$7,466$6,238$33,874
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$688$709$730$752$774$3,653
Maintenance$1,177$776$265$2,021$1,784$6,023
Repairs$360$419$487$567$658$2,491
Taxes & Fees$1,240$157$139$122$104$1,762
Financing$1,121$904$672$422$153$3,272
Depreciation$3,400$1,273$1,441$1,959$1,100$9,173
Fuel$1,380$1,422$1,464$1,508$1,554$7,328
True Cost to Own®$9,366$5,660$5,198$7,351$6,127$33,702

*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.