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If you and your family have been speaking Toyota for as long as you can remember, the 2014 Corolla is the compact 4-door for you.
If you want sportiness, chase down the new Mazda3 or a Ford Focus. Need to save as much as possible? Try to scrape up a bare-bones Kia Forte (good luck on that quest).
Toyota portrays the Corolla as all-new for 2014.
Toyota argues that the Toyota Corolla is all-new for 2014, but that’s a mixed truth. With roomy seating for five, the front-wheel-drive 4-door looks all-new, and its interior is certainly newer and nicer than ever. But the mechanicals include the Corolla’s tried-and-true 1.8-liter 4-cylinder engine and the true-but-tired twist-beam axle rear-suspension setup, both deeply refined but neither revolutionized. Competitors like the segment-leading Honda Civic, the Ford Focus and the new Mazda3 all have something tempting to lure compact-sedan buyers away from a Corolla – even an all-new one – but none of them can match the no surprises, bread-and-butter goodness of a Toyota Corolla.
2014 Toyota Corolla pricing starts at $9,888 for the Corolla L Sedan 4D, which had a starting MSRP of $18,225 when new. The range-topping 2014 Corolla S Premium Sedan 4D starts at $10,168 today, originally priced from $22,075.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$18,225 | $9,888 | |||
$19,095 | $9,235 | |||
$19,495 | $8,865 | |||
$19,495 | $9,610 | |||
$19,795 | $9,705 | |||
$20,195 | $9,306 | |||
$20,495 | $10,407 | |||
$21,075 | $10,345 | |||
$21,775 | $11,643 | |||
$22,075 | $10,168 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2014 Toyota Corolla models in typical condition when purchasing from a dealership. These prices are updated weekly.
The 2014 Toyota Corolla is not out for blood. It is easy to drive, and if your expectations don’t exceed the price you paid for the car, it is a pleasant way to spend your time – whether on a short commute or a weekend road trip. Its ride is compact-car decent, with some higher-speed road noise present though not oppressive. Both 1.8-liter engines can successfully shrug up enough power to tackle a freeway onramp and find a way around slower traffic. The CVTi-S automatic transmission serves its noble purpose – adding a few extra mpg to the Corolla’s bottom line – but like many CVTs, it can rev a bit too freely, loudly at times. You should be getting this message by now: The new Corolla won’t bring a twisty road to its knees, but it will get you comfortably where you gotta go without adding any fussiness, and it’ll do it for a long, long time.
Telling the real story of the new Corolla sedan means talking about the interior. As we mentioned, this is a very nice interior – even the car’s headliner material is impressive. There’s plenty of stretch-out space in the front seats, and the newly extended wheelbase gives rear-seat passengers world-record legroom. Rear headroom, however, is compromised by the jaunty sweep of the Corolla’s C-pillar/roofline into the trunk – good to look at, but requires ducking from tall-torsoed riders in back.
Thanks to its 2014 redo, the all-new exterior styling has allowed the Corolla to move away from an anonymity that the Federal Witness Protection Program can’t duplicate to an appealing series of folded edges in search of big wheels and tires to punctuate its stance (15-inch steel wheels are standard on base models, but find a way to move up to 16- or 17-inch wheels in steel or aluminum if you can). The car looks especially good in darker colors. And while the trunk capacity is a pinch bigger than the previous-generation Corolla, the trunk opening is smaller.
AN INTERIOR HOME RUN, PART I: MATERIALS
Toyota has gone back to realizing that this is where most people spend their time with a car: inside. The interior design, seating, materials and touch points are all a step up in the 2014 Corolla.
AN INTERIOR HOME RUN, PART II: TECH-READY SETUP
Even in base form, the new Corolla pays attention to audio tech desires. The car includes both an Apple-compatible USB port and an iPod interface, steering-wheel-mounted audio controls, and is hands-free Bluetooth phone ready.
Like most of the players in this class, the basic Toyota Corolla L comes pretty basic. The most notable exceptions – Nice interior! Cool, iPod connectivity. Ahh, Bluetooth hands-free calling. – have already been outlined. Don’t worry, the car gets air conditioning and a decent 4-speaker audio system, plus power windows, a tilt/telescoping steering wheel, and – all the rage in luxury cars these days – LED headlights. Always thinking of you, Toyota also includes a manual height adjuster for the driver’s seat. While not yet ready to tame all the forces in an offset crash test, the new Corolla does offer the protection of eight airbags.
As is the habit these days, carmakers don’t offer options so much as they offer option packages and add equipment by trim level. The 2014 Toyota Corolla sedan follows this lead. Pass on the base L version and step up to the LE models to get automatic climate control, Entune 6-speaker audio with streaming Bluetooth, bigger wheels, and remote keyless entry. Reaching up to the Corolla S rewards you with a sportier environment that includes fog lights, a chrome-tipped exhaust and a rear-deck spoiler, plus bolder seats and instrument cluster. The Driver’s Convenience Package nets you Entune Premium audio, navigation and apps. Stand-alone option highlights: moonroof and push-button starting.
Without asking you to wade waist-deep into an engine-technology discussion, we’d like you to know that the 2014 Toyota Corolla is offered with two versions of a 1.8-liter 4-cylinder engine. The first version, used in L, LE and S Corolla models, produces 132 horsepower and 128 lb-ft of torque – not much bragging rights for power, but the fuel economy is strong for the class (see the EPA numbers below). The second 1.8-liter, in Corolla LE Eco models, gets to tout fuel economy as high as 42 mpg on the highway – superb for a non-hybrid – mated to Toyota’s CVTi-S continuously variable automatic transmission. That fuel-conscious CVTi-S also hosts the power in Corolla LE and S automatic-transmission models. A 6-speed manual gearbox is available in Corolla L and S versions, while a 4-speed automatic is available in the Corolla L.
1.8-liter inline-4
132 horsepower @ 6,000 rpm
128 lb-ft of torque @ 4,400 rpm
EPA city/highway fuel economy:
Corolla L: 28/37 mpg (6-speed manual), 27/36 mpg (4-speed automatic)
Corolla LE: 29/38 mpg (CVTi-S automatic)
Corolla S: 29/37 mpg (CVTi-S automatic), 28/37 mpg (6-speed manual)
1.8-liter inline-4
140 horsepower @ 6,100 rpm
126 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy:
Corolla LE Eco: 30/42 mpg (CVTi-S automatic)
Corolla LE Eco Plus & Eco Premium: 30/40 mpg (CVTi-S automatic)
Get 4.99% APR for 60 months on a new 2025 Corolla.
Lease a new 2025 Corolla LE for $259 per month for 36 months with $2,999 due at signing.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $460 | $10,113 | $9,362 | ||
2023 | $200 | $9,913 | $8,907 | ||
2024 | $1,888 | $8,025 | $6,766 | ||
Now | $892 | $7,133 | $5,740 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 2855 lbs. | ||
---|---|---|---|
EPA Passenger | 97.5 cu.ft. | ||
Fuel Capacity | 13.2 gallons | ||
Front Head Room | 38.3 inches | ||
Front Leg Room | 42.3 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.5 inches | ||
Overall Length | 182.6 inches | ||
Front Shoulder Room | 54.8 inches | ||
Towing Capacity, Maximum | 1500 lbs. | ||
Trunk or Cargo Capacity | 13.0 cu.ft. | ||
Turning Diameter | 35.6 feet | ||
Wheel Base | 106.3 inches | ||
Width with mirrors | 69.9 inches |
Number of Doors | 4 doors | ||
---|---|---|---|
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 30 mpg | ||
---|---|---|---|
Highway | 42 mpg | ||
Combined | 35 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Horsepower | 140 @ 6100 RPM | ||
---|---|---|---|
Torque | 126 @ 4000 rpm | ||
Engine | 4-Cyl, Valvematic, 1.8L |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
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2014 Toyota Corolla city/highway fuel economy ratings range from 27/36 mpg to 30/42 mpg, depending on trim and equipment.
Used 2014 Toyota Corolla prices currently range from $8,865 for the LE Eco Sedan 4D to $11,643 for the LE Eco Premium Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2014 Toyota Corolla is the LE Eco Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $8,865.
The 2014 Toyota Corolla is part of the 11th-generation Corolla, which our owners give an above-average reliability rating of 4.6 out of 5.