2024 Toyota Corolla
This page covers the 2024 Toyota Corolla, a Sedan available in 4 trims from $22,050 to $27,150. Below you will find crash test ratings, fuel cost data, reliability scores, recall history, ownership costs, and manufacturer specifications, each sourced and linked to the original publisher.
The 2024 Toyota Corolla carries a 5-star NHTSA safety rating, a fuel cost grade of A among budget Sedans, and a RepairPal reliability score of 4.5/5. NHTSA has 2 recall campaigns on file, more than the 1.2 average for Sedans.
What the published data indicates
Compared with similar sedans in our dataset, the clearest positive signals for the 2024 Toyota Corolla are lower estimated fuel cost and an above-average RepairPal reliability rating, with high published crash-test results, but there is a high volume of owner-reported problems on file.
- fuel cost
- reliability
- safety
Strongest published signals
- Fuel: Top 20% cheapest to fuel among gas Sedans. Best-case annual fuel cost is $1,250. Cheapest Sedans to fuel 2024 →
- Reliability: RepairPal 4.5/5 from RepairPal.
- Safety: 5-star NHTSA. Safest Sedans 2024 →
Limits and cautions
- NHTSA has 94 owner complaints on file, compared to an average of 26 for 2024 Sedans. Top reported areas include ADAS / Safety Tech, Visibility, Brakes.
- There are 2 recalls on file, above the current sedans average. Zero-recall cars 2024 →
Comparable models
- Starting MSRP
- $22,050 - $27,150
- EPA Combined MPG
- 34-35 MPG
- NHTSA Safety Rating
- 5-Star (Highest)
- Est. Annual Fuel Cost
- $1,250 - $1,300/yr
- Recalls on File
- 2 recalls on file
- EPA: vs Avg Vehicle
- Save $1,500 over 5 yrs
- Owner Complaints
- 94 on file
- Brand Origin
- Japan
How Safe Is the 2024 Toyota Corolla?
The 2024 Toyota Corolla earned the highest possible 5-star overall safety rating from NHTSA. Among Sedans, 99% have earned this top score. Ratings are based on frontal crash, side crash, and rollover resistance tests on production vehicles. Source: NHTSA.
Overall Safety
99% of Sedans share this top rating
| Category | Rating |
|---|---|
| Frontal Crash | |
| Side Crash | |
| Rollover |
Rollover Risk: 10.5%
| Feature | Availability |
|---|---|
| Forward Collision Warning | Standard |
| Lane Departure Warning | Standard |
| Crash Imminent Braking | Standard |
| Dynamic Brake Support | Standard |
NHTSA and IIHS test vehicles independently using different crash scenarios. Together, they provide the most complete picture of a vehicle's crashworthiness.
How Did the 2024 Toyota Corolla Perform in IIHS Crash Tests?
IIHS has tested the 2024 Toyota Corolla but did not award a Top Safety Pick designation. Individual test ratings are shown below. IIHS tests complement NHTSA ratings by evaluating different crash scenarios. Source: IIHS.
| Test | Rating |
|---|---|
| Small Overlap Front | G Good |
| Side | A Acceptable |
| Headlights | G Good |
| Front Crash Prevention (Pedestrian) | G Good |
| Seat Belt Reminders | G Good |
| Child Seat Anchors (LATCH) | G+ Good+ |
IIHS vehicle class: Small cars
Beyond crash test performance, the recall record shows whether the manufacturer has identified and addressed any safety-related defects after the vehicle went on sale.
Does the 2024 Toyota Corolla Have Any Recalls?
NHTSA has 2 recall campaigns on file for the 2024 Toyota Corolla, affecting EQUIPMENT:OTHER:LABELS, STEERING. This is more than the 1.2 average for Sedans. A higher recall count does not necessarily indicate a less safe vehicle. It may reflect a manufacturer's responsiveness to potential issues. Repairs are free at authorized dealers. Source: NHTSA.
2 recall campaigns on file with NHTSA.
Components: EQUIPMENT:OTHER:LABELS, STEERING
Most recent: November 2024
Units affected: 41,905
Owner-Reported Problems
NHTSA has 94 owner complaints on file for the 2024 Toyota Corolla. This is well above the average of 26 complaints for 2024 Sedans. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
11 in the last 90 days · 43 in the last 12 months · most recent filed 2026-02-25
Safety-relevant complaints: At least one complaint includes crash reported, fire reported, injury reported. Review individual reports on NHTSA.gov for details.
Most-reported problem areas
- ADAS / Safety Tech25
- Visibility17
- Brakes16
- Electrical14
- Steering12
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-03-07.
With the safety picture established, the next question is cost. Fuel is typically the largest variable expense for most drivers.
What Is the 2024 Toyota Corolla Fuel Economy?
The 2024 Toyota Corolla achieves up to 35 combined MPG, with an estimated annual fuel cost of $1,250. This is close to the $1,227 average for budget Sedans. Actual costs depend on driving habits and fuel prices. Source: EPA (fueleconomy.gov).
Ranges from 34 to 35 combined MPG depending on trim and drivetrain.
| Trim | Combined | City | Highway | Annual Fuel Cost |
|---|---|---|---|---|
| LE | 35 MPG | 32 | 41 | $1,250/yr |
| SE | 34 MPG | 31 | 40 | $1,300/yr |
| Nightshade | 34 MPG | 31 | 40 | $1,300/yr |
| XSE | 34 MPG | 31 | 40 | $1,300/yr |
Fuel is only one part of the ownership cost equation. AAA estimates the full picture: insurance, maintenance, depreciation, and financing.
What Does the 2024 Toyota Corolla Cost to Own?
Estimated 5-year total ownership cost for the 2024 Toyota Corolla ranges from $62,400 to $83,430 depending on trim, based on AAA's Your Driving Costs study for the Small Sedan class. This includes insurance, maintenance, depreciation, registration, and financing. These are class averages, not specific to this model. Source: AAA.
| Maintenance | $1,786/yr |
|---|---|
| Insurance | $1,572/yr |
| Depreciation | $3,462/yr |
| Registration & Taxes | $613/yr |
| Financing | $854/yr |
| Total (excluding fuel) | $9,956/yr |
| Cost per mile | $0.56/mi |
Total cost varies significantly by trim. The table below breaks down each trim so you can see exactly where your money goes.
How Do the 2024 Toyota Corolla Trims Compare?
The 2024 Toyota Corolla is available in 4 trims, with base prices ranging from $22,050 to $27,150. All trims use a Gasoline powertrain. The table below compares key specifications and costs across all available trims. Prices shown are manufacturer's suggested retail price (MSRP) and do not include destination charges, dealer fees, taxes, or incentives.
LE
| Base MSRP | $22,050 |
|---|---|
| Combined MPG | 35 MPG |
| Est. Annual Fuel Cost | $1,250/yr |
| Drive Type | Front-Wheel Drive |
| Horsepower | 169 hp |
| Est. 5-Year Cost | $62,400 |
SE
| Base MSRP | $24,490 |
|---|---|
| Combined MPG | 34 MPG |
| Est. Annual Fuel Cost | $1,300/yr |
| Drive Type | Front-Wheel Drive |
| Horsepower | 169 hp |
| Est. 5-Year Cost | $80,770 |
Nightshade
| Base MSRP | $25,490 |
|---|---|
| Combined MPG | 34 MPG |
| Est. Annual Fuel Cost | $1,300/yr |
| Drive Type | Front-Wheel Drive |
| Horsepower | 169 hp |
| Est. 5-Year Cost | $81,770 |
XSE
| Base MSRP | $27,150 |
|---|---|
| Combined MPG | 34 MPG |
| Est. Annual Fuel Cost | $1,300/yr |
| Drive Type | Front-Wheel Drive |
| Horsepower | 169 hp |
| Est. 5-Year Cost | $83,430 |
View full trim timeline (2024–2026)
| Trim | 2024 | 2025 | 2026 |
|---|---|---|---|
| LE | $22,050 35 MPG | $22,325 35 MPG | $22,925 35 MPG |
| SE | $24,490 34 MPG | $24,765 34 MPG | $25,365 34 MPG |
| XSE | $27,150 34 MPG | $28,040 34 MPG | $28,640 34 MPG |
Compare Trim Costs
Select two trims and adjust your driving and financing to see how monthly costs compare. Only costs we can compute from EPA data and your inputs are shown. No estimates, no guesses.
Your driving & financing
Choosing a trim is also about long-term dependability. The section below shows the third-party reliability rating available for this model.
How Reliable Is the 2024 Toyota Corolla?
RepairPal rates the 2024 Toyota Corolla at 4.5 out of 5.0 for reliability, above average for budget Sedans. This means lower expected repair frequency and cost compared to similar vehicles. Source: RepairPal.
The manufacturer's warranty provides a baseline of coverage. Here is what Toyota includes.
What Warranty Does the 2024 Toyota Corolla Come With?
Toyota provides the following warranty coverage for the 2024 Corolla. Warranty terms are published by the manufacturer and apply to all trims. Coverage begins from the date of original purchase. Warranty terms shown here reflect the most recently published manufacturer data.
| Basic Warranty | 3yr/36k |
|---|---|
| Powertrain Warranty | 5yr/60k |
| Corrosion Warranty | 5yr/unlimited |
| Roadside Assistance | 2yr/25k |
| Complimentary Maintenance | 2yr/25k |
What Are the 2024 Toyota Corolla Specs?
Detailed specifications for the 2024 Toyota Corolla as reported by the manufacturer. Specifications may vary by trim, market, and production date. Source: manufacturer-reported data.
| Engine | 2L I4 |
|---|---|
| Horsepower | 169 hp |
| Torque | 151 lb-ft |
| Transmission | continuously variable-speed automatic |
| Drive Type | Front-Wheel Drive |
| Fuel Type | regular unleaded |
| Fuel Tank | 13.2 gal |
| Length | 182.5 in |
|---|---|
| Width | 70.1 in |
| Height | 56.5 in |
| Wheelbase | 106.3 in |
| Curb Weight | 2,955 - 3,150 lbs |
All data shown for the 2024 Toyota Corolla comes from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references. This page updates automatically when source agencies publish new information. See our methodology page for details on data collection and verification.
2024 Toyota Corolla FAQ
How does the 2024 Toyota Corolla compare to other sedans?
Based on published data, the 2024 Toyota Corolla has a safety grade of B, a fuel cost grade of A, a RepairPal reliability score of 4.5/5, and only 2 recalls on file. These grades compare it against similar sedans in its price range. No single metric tells the whole story, so we recommend reviewing each section on this page. See our Safest Sedans 2024 list.
Which 2024 Toyota Corolla trim has the lowest ownership cost?
Among 4 available trims, the LE has the lowest estimated five-year ownership cost at $62,400, starting at $22,050 MSRP. The most expensive trim to own is about $83,430. See the full trim comparison table above for a side-by-side breakdown.
How much does 2024 Toyota Corolla insurance cost?
AAA estimates the annual insurance cost for the Small Sedan class at $1,572 per year, or about $131 per month. This is a class-level average, not specific to the 2024 Toyota Corolla. Your actual premium will depend on your driving history, location, and coverage choices. Source: AAA Your Driving Costs study.
How much does 2024 Toyota Corolla maintenance cost per year?
AAA estimates average annual maintenance for the Small Sedan class at $1,786 per year. This covers routine services, wear items, and unscheduled repairs. Combined with insurance ($1,572/yr) and depreciation ($3,462/yr), total non-fuel ownership costs run about $9,956 per year. These are class averages from the AAA Your Driving Costs study.
How fast does a 2024 Toyota Corolla depreciate?
AAA estimates the Small Sedan class depreciates about $3,462 per year, or roughly $17,310 over five years. On a base MSRP of $22,050, that represents about 79% of the purchase price. These are class averages and actual depreciation varies by trim, condition, mileage, and market demand. Source: AAA.
How much will I spend on gas with a 2024 Toyota Corolla?
The most efficient 2024 Toyota Corolla trim costs an estimated $1,250 per year in fuel, or about $104 per month, based on EPA ratings and national average fuel prices. See our Cheapest Sedans to fuel 2024 list.
What vehicles compete with the 2024 Toyota Corolla?
Based on price range, body type, and segment positioning, the closest competitors to the 2024 Toyota Corolla include 2024 Hyundai Elantra, 2024 Volkswagen Jetta, and 2024 Nissan Sentra. Each of those pages includes the same safety, fuel cost, reliability, and recall data so you can compare directly. Browse all 2024 Sedans.
How much does a 2024 Toyota Corolla cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Toyota Corolla include about $830 for insurance, maintenance, depreciation, and fees, plus roughly $104 for fuel. That puts non-payment running costs around $934 per month. These are estimates based on AAA class averages and EPA fuel data. Actual costs depend on your driving, location, and coverage.
Is the 2024 Toyota Corolla safe for families?
The 2024 Toyota Corolla earned NHTSA's highest 5-star overall safety rating, which evaluates frontal crash, side crash, and rollover resistance. A 5-star rating does not guarantee safety in every situation but indicates strong performance in standardized crash tests. See our Safest Sedans 2024 list.
Are there any reported problems with the 2024 Toyota Corolla?
NHTSA has 94 owner complaints on file for the 2024 Toyota Corolla. The most-reported problem area is ADAS / Safety Tech. At least one complaint involves a crash. Owner complaints are self-reported to NHTSA and are not verified, but patterns across many reports can reveal real issues. Source: NHTSA Vehicle Complaints Database.
Compare to Similar Vehicles
Other Model Years
Data on this page is compiled from government agencies and independent research organizations. It is provided for informational purposes only and does not constitute financial, purchasing, or safety advice. Verify all data with the original source before making decisions.