Depreciation & used values · Hatchback
Toyota Corolla depreciation
The Toyota Corolla loses about 35% of its value in its first three years. From a list price of £33,000, a 2023 example with around 23,500 miles on the clock is worth about £19,150 today. The year-by-year table below values every age of Corolla at its typical mileage, from the same model behind its full profile.
Value by registration year
What a used Corolla is worth, year by year
Each row values that year's Corolla at its typical mileage (7,771 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 4,000 | £31,200 | £28,550–£33,850 | 95% |
| 2025 | 1 yr | 8,000 | £27,500 | £25,050–£29,950 | 87% |
| 2024 | 2 yrs | 15,500 | £23,000 | £20,850–£25,150 | 77% |
| 2023 | 3 yrs | 23,500 | £19,150 | £17,300–£21,000 | 67% |
| 2022 | 4 yrs | 31,000 | £16,850 | £15,150–£18,550 | 64% |
| 2021 | 5 yrs | 39,000 | £15,950 | £14,250–£17,600 | 63% |
| 2020 | 6 yrs | 46,500 | £13,900 | £12,400–£15,450 | 57% |
| 2019 | 7 yrs | 54,500 | £11,950 | £10,600–£13,300 | 51% |
| 2018 | 8 yrs | 62,000 | £10,400 | £9,200–£11,650 | 46% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full Corolla profile →
The depreciation curve
Share of original value retained by age (to 8 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Buy — Past the steep drop — most of the depreciation is behind it
- Loses about 5% a year around 3 years old
- Steepest losses are over by about 3 years
- UK numbers growing (+4.0% year on year)
- Reliability 67/100
Corolla depreciation — quick answers
How much does a Toyota Corolla depreciate?
The Toyota Corolla loses about 35% of its value in the first three years. A 2023 example with around 23,500 miles is worth about £19,150 today.
What is a 2023 Toyota Corolla worth?
A 2023 Toyota Corolla at a typical 23,500 miles is worth about £19,150 — likely between £17,300 and £21,000 depending on condition and history.
When is the best time to buy or sell a Toyota Corolla?
Past the steep drop — most of the depreciation is behind it. It loses about 5.4% a year around 3 years old, with the steepest losses over by roughly 3 years.