Video Summary Page (2/6/2024)
Disclaimer: Information is valid on day of posting and may EXPIRE shortly thereafter!

Inventory vs. Competition

Right now, Toyota is sitting at the middle when it comes to inventory. Getting one at a decent price will be a bigger challenge than it will for a Civic.

Estimated 5 Year Residual by Model

Toyota Corollas have consistently pulled off a 57% residual at 3 years, and about 50% at 5 years.

Inventory by Trim

The majority of all Corollas at dealerships at the moment are LE or SE models.

Suggested Trim, MSRP, and Target Discount

Target Trim: Corolla LE FWD

Example MSRP: $23,534
Example Invoice: $21,789

Target Discount Range: 0-7.5% OFF MSRP

Target Selling Price: $21,789

Special Offers & Lease Rates

Promotional APR/Rebate: 4.99% @ 60 months

Lease Residual: 57% @ 36 Months (12k mi)

Lease Money Factor: .00205 or 4.92% APR

Finance & Lease Payment Calculation

Example MSRP: $23,534
Example Selling Price: $21,789

Finance Term: 4.99% @ 60 Months
Finance Payment: $411.09/month***
Total Interest (Finance): $2,876.13

Lease Term: 36 Months
Lease Payment: $356.84/month*** (estimated at MSRP)

Lease Payment: $304.80/month*** (estimated at Invoice)

Total Interest (Lease): $2,598

*** Payments are suggestions that DO NOT include your states sales tax and assume no down payment or dealer fees paid at signing.

Lease Payment Estimates by Trim

LE: $356/month***

SE: $381/month***

Nightshade: $403/month***

XSE: $428/month***

*** Payments are suggestions that DO NOT include your states sales tax and assume no down payment or dealer fees paid at signing.