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2023 Toyota Corolla Value2023 Toyota Corolla trade-in prices range from $16,723 - $25,018. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth

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Estimated values for the 2023 Toyota Corolla
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Toyota Corolla trade-in prices range from $16,723 - $25,018. Get a more accurate value for your car with the Edmunds appraisal tool.
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$22,349$23,604$25,018
Clean$21,996$23,198$24,552
Average$21,407$22,520$23,776
Rough$20,642$21,640$22,766
Know the value of your 2023 Toyota Corolla over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$8,780
Based on Good Condition for five years
2023 Toyota Corolla
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
Total Depreciation
2024
$20,328
-$3,367
2025
$19,075
-$1,253
2026
$18,323
-$752
2027
$16,585
-$1,738
2028
$14,915
-$1,670
Value breakdown
2023 Toyota Corolla
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
YearCar ValueDepreciation
2024 (2023 Toyota Corolla)$20,328-$3,367
2025 (2023 Toyota Corolla)$19,075-$1,253
2026 (2023 Toyota Corolla)$18,323-$752
2027 (2023 Toyota Corolla)$16,585-$1,738
2028 (2023 Toyota Corolla)$14,915-$1,670
Total Depreciation
Over five years
-$8,780
Helpful information about your 2023 Toyota Corolla
Estimated Value Today
  • $21,996 - $23,198
  • Based on good condition.
Depreciation Insights
  • Different cars depreciate at different rates.
  • In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
  • Nearly every vehicle depreciates over time.
  • With our free appraisal tool, you can get an accurate price for your car in minutes.
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