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2023 Toyota Corolla Value2023 Toyota Corolla trade-in prices range from $15,889 - $24,555. 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 $15,889 - $24,555. 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$21,051$22,696$24,555
Clean$20,718$22,305$24,098
Average$20,164$21,654$23,336
Rough$19,443$20,807$22,345
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-$9,609
Based on Good Condition for five years
2023 Toyota Corolla
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
Total Depreciation
2024
$21,696
-$3,232
2025
$20,187
-$1,509
2026
$19,032
-$1,155
2027
$17,183
-$1,849
2028
$15,319
-$1,864
Value breakdown
2023 Toyota Corolla
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
YearCar ValueDepreciation
2024 (2023 Toyota Corolla)$21,696-$3,232
2025 (2023 Toyota Corolla)$20,187-$1,509
2026 (2023 Toyota Corolla)$19,032-$1,155
2027 (2023 Toyota Corolla)$17,183-$1,849
2028 (2023 Toyota Corolla)$15,319-$1,864
Total Depreciation
Over five years
-$9,609
Helpful information about your 2023 Toyota Corolla
Estimated Value Today
  • $20,718 - $22,305
  • 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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