Toyota Corolla value and depreciation
Known for bulletproof reliability and easy resale.
Projected value of a new Toyota Corolla
We class the Toyota Corolla as a strong mainstream in our 12-tier model, which puts its retention at roughly 70% after three years and 57% after five. High-liquidity favourites every used dealer wants in stock. Around 72% retention after three years.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 84% | R 495 384 | R 435 938 |
| 3 years | 70% | R 414 132 | R 364 436 |
| 5 years | 57% | R 338 143 | R 297 566 |
| 7 years | 46% | R 269 592 | R 237 241 |
| 10 years | 32% | R 187 341 | R 164 860 |
Estimates for a new purchase at R 590 200; retail basis, trade-in ≈ 12% under retail.
The Corolla has been a fixture of South African driveways since the 1970s and was built locally for much of that time. Today it sells as an imported sedan and hatch with petrol and hybrid power, positioned well above the budget Quest that used to carry the old shape. Buyers trust it for low running costs and it remains one of the easiest used cars to sell.
What used Corolla years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Corolla | R 590 200 | R 519 376 | Details → |
| 2025 Corolla | R 469 558 | R 413 211 | Details → |
| 2024 Corolla | R 406 945 | R 358 112 | Details → |
| 2023 Corolla | R 352 680 | R 310 358 | Details → |
| 2022 Corolla | R 302 071 | R 265 822 | Details → |
| 2021 Corolla | R 258 725 | R 227 678 | Details → |
| 2020 Corolla | R 218 972 | R 192 695 | Details → |
| 2019 Corolla | R 185 327 | R 163 088 | Details → |
| 2018 Corolla | R 156 852 | R 138 030 | Details → |
| 2017 Corolla | R 131 159 | R 115 420 | Details → |
| 2016 Corolla | R 109 675 | R 96 514 | Details → |
| 2015 Corolla | R 91 710 | R 80 705 | Details → |
Corolla against its rivals
Where the Corolla ranks
Toyota Corolla: common questions
What is a Toyota Corolla worth after 3 years?
A Toyota Corolla bought new today for R 590 200 is projected to be worth about R 414 132 after three years, which is 70% of its price. A dealer trade-in offer would sit closer to R 364 436.
Does the Toyota Corolla hold its value?
We class the Toyota Corolla as a strong mainstream in our 12-tier model, which puts its retention at roughly 70% after three years and 57% after five. High-liquidity favourites every used dealer wants in stock. Around 72% retention after three years.
What does a used Toyota Corolla cost?
As a guide: a 2024 model is worth about R 406 945 retail today, while a 2015 model sits around R 91 710. Condition, mileage and spec move real prices by 10% or more either way.
What would a Toyota Corolla cost per month?
Financing a new Toyota Corolla at R 590 200 over 72 months at 11.75% with a 10% deposit comes to roughly R 10 316 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.