This is when the 2020 Toyota Corolla is going on sale and what they’ll probably price this best-selling sedan at.
(Article last updated: January 12, 20149)
Toyota hasn’t given a specific date but according to their press release, the 2020 Toyota Corolla will be at dealerships and for sale in Spring 2019. So, the earliest you can maybe get into a new Corolla is on March 1, 2019.
For pricing on the new 2020 Toyota Corolla, again, Toyota hasn’t released any official pricing information but we can extrapolate from the current 2019 Toyota Corolla which has an MSRP of $18,700. The Corolla’s main competitor is without a doubt the 2019-2020 Honda Civic which currently has an MSRP of $19,450. Based on that, we can safely assume the 2020 Toyota Corolla will cost more than the current Corolla but probably won’t surpass the Civic’s price and certainly won’t go over $20,000. I can confidently estimate that the 2020 Toyota Corolla will have an MSRP between $18,895-$19,750.
Here’s an estimate on what the different trim levels might cost based on their current prices. Notice that I’ve priced the new Corolla Hybrid slightly above the price of a new Prius as now, the Corolla Hybrid has a Prius drivetrain but I reckon Toyota won’t want to have their Corolla stealing Prius sales. The Prius has a $23,770 MSRP.
- L $18,895
- LE $19,330
- XLE $22,139
- SE $20,649
- XSE $22,999
- Corolla Hybrid- $23,895
The new Corolla is a big deal. Ever since the new Honda Civic came out, the new Corolla has been second place since 2015. The Corolla is literally the world’s best-selling vehicle. Last year Toyota sold 303,732 Corollas in the United States alone.
As per their press release, Toyota hopes to regain its compact car crown in a few ways. One of those ways is offering a more powerful engine, only available in SE and XSE trim levels. This new 2.0L engine pumps out 169 HP and 151 lb-ft sans turbo power. Civic’s base engine comes in at 158 HP and 138 lb-ft and that’s just on the base trim so Corolla isn’t even competing with Civic on power nor does it think its key buyers WANT a more powerful engine offering. They just need something to keep up, honestly.
The new Corolla does have a new TNGA platform that promises to have “outstanding agility and comfort” so I’m going to assume journalists will be wow’d with how well the new Corolla handles. I reckon the new Corolla probably won’t be as exciting as the Civic.
The new Corollas looks, in my opinion, are an upgrade from last generation and should stay relevant for years to come, a dynamic new look for the masses.
As with any article, I estimate times and figures, I’ll update this article as more information comes in.