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Find Out How Much Your 2023 Toyota Corolla is Worth - Sell or Trade-In with Edmunds

Selling your 2023 Toyota Corolla has never been easier. Compare instant offers from CarMax and dealers near you alongside Edmunds' estimated value for your 2023 Toyota Corolla by simply entering your VIN or license plate and answering a few questions below! See how much your car is worth in minutes.

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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 $16,011 - $25,339. 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$21,211$23,149$25,339
Clean$20,876$22,750$24,867
Average$20,317$22,086$24,080
Rough$19,591$21,222$23,058
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-$9,606
Based on Good Condition for five years
2023 Toyota Corolla
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
Total Depreciation
2024
$22,823
-$2,916
2025
$21,009
-$1,814
2026
$19,705
-$1,304
2027
$17,810
-$1,895
2028
$16,133
-$1,677
Value breakdown
2023 Toyota Corolla
XSE 4dr Sedan (2.0L 4cyl CVT) with no options
YearCar ValueDepreciation
2024 (2023 Toyota Corolla)$22,823-$2,916
2025 (2023 Toyota Corolla)$21,009-$1,814
2026 (2023 Toyota Corolla)$19,705-$1,304
2027 (2023 Toyota Corolla)$17,810-$1,895
2028 (2023 Toyota Corolla)$16,133-$1,677
Total Depreciation
Over five years
-$9,606
Helpful information about your 2023 Toyota Corolla
Estimated Value Today
  • $20,876 - $22,750
  • 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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