Is Corolla expensive to insure?

The average cost of insuring a Toyota Corolla is $1,273 per year. It is among the car models that are inexpensive to insure, but individual rates will vary depending on the insurance company that you choose and the model year of your car.

What is the cheapest Toyota to insure?

The Toyota Sienna is the cheapest Toyota car to insure, with an average annual premium of $1,126. MoneyGeek evaluated insurance costs for all major Toyota models to help drivers find the most affordable car insurance providers for their vehicles.

Why is Corolla so expensive?

People that buy Corollas tend to keep them for a long time so the trade cycle on them is longer which means 2–3 year old trade-ins are rare. The Corollas that do cycle through are leases and those have high residuals so when the Toyota dealers go to buy them, they are paying top dollar.

What’s the most expensive vehicle to insure?

The most expensive car to insure in 2021 is the Maserati Quattroporte, which costs an average of $419 per month — or a whopping $5,024 annually. That's 239% more than the national average premium for auto insurance.

What is the cheapest Toyota to insure?

The Toyota Sienna is the cheapest Toyota car to insure, with an average annual premium of $1,126. MoneyGeek evaluated insurance costs for all major Toyota models to help drivers find the most affordable car insurance providers for their vehicles.

Is Toyota Corolla a good car to buy?

We rate the Toyota Corolla as one of the best cars its class, giving it a full five-star rating because it is comfortable, economical and has lots of kit as standard. In contrast, the Yaris gets four stars, let down only by its poor infotainment system, slightly firm ride and cramped rear seats.

What’s the most expensive vehicle to insure?

The most expensive car to insure in 2021 is the Maserati Quattroporte, which costs an average of $419 per month — or a whopping $5,024 annually. That's 239% more than the national average premium for auto insurance.

What is the average life of a Corolla?

If you're considering a Toyota Corolla, you may be wondering, “How long do Toyota Corollas last?” With regular service and maintenance, the Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles. Assuming you take good care of your new Corolla, you could have it for well over a decade.

Which car brand has the cheapest insurance?

Based on our research, Mazda vehicles are typically the least expensive to insure. Owners of Volkswagen, Subaru and Jeep vehicles may also be able to find affordable car insurance.

What is Toyota’s least expensive car?

A teen's first car is a big milestone—I'm glad you're doing your research! Fortunately, Toyota has some affordable but attractive options. The cheapest Toyota is the 2022 Corolla. This compact car starts at just $21,200 brand new.

What is the cheapest car to insure in the United States?

Based on our research, the least expensive cars to insure are made by Mazda, Volksawagen and Subaru. The average cost for a full-coverage policy on a 2022 Mazda is $138 per month or $1,658 per year, while a policy for a 2022 Volkswagen costs an average of $142 per year or $1,707 per year.

Are Toyota Corollas worth it?

Yes, the 2022 Toyota Corolla is a good compact car . The Corolla is available in hatchback and sedan body styles, and it impresses with its comfy front seats, cushioned ride, and great gas mileage (upward of 32/41 mpg city/highway). The interior is upscale, and the touch-screen infotainment system is easy to use.

Do Corolla hold their value?

Specifically, the 2018, 2019, 2020, and 2021 model years hold values at an admirable level. That means that if you can afford to do so, you might consider trading in or, better yet, selling your Toyota Corolla.

Is Corolla better than Civic?

The new 2022 Honda Civic offers more passenger room and cargo space than the Toyota Corolla. The Honda Civic also has a bigger engine than the Toyota Corolla and produces more horsepower. The bigger, more powerful engine in the Honda Civic also gets better EPA-estimated fuel economy than the Toyota Corolla.

How Long Will Toyota Corolla last?

If you're considering a Toyota Corolla, you may be wondering, “How long do Toyota Corollas last?” With regular service and maintenance, the Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles. Assuming you take good care of your new Corolla, you could have it for well over a decade.

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