Kelley Blue Book


HomeToyotaToyota Corolla Hatchback
2023 Toyota Corolla Hatchback
#4 Best Hatchbacks of 2023

Used 2023 Toyota Corolla Hatchback

4.3
rating
Expert
4.3
rating
Consumer
Write a Review
Save this car
2023 Toyota Corolla Hatchback Exterior: 0
2023 Toyota Corolla Hatchback Lifestyle: 0
Lifestyle (10)
2023 Toyota Corolla Hatchback Colors: 0
Colors (5)
2023 Toyota Corolla Hatchback All Media: 1

View All Media

2025
2023
leaf_icon_picture

Hybrid Variation Available

Fuel Economy
33 - 35 combined mpg
Horsepower
169 hp
Engine
4-Cyl, Dynamic-Force, 2.0 Liter
Cargo Volume
17.8 cu ft
Next Steps: Shopping for this car?
See Cars for Sale

2023 Toyota Corolla Hatchback Review

Eric Brandt

By Eric Brandt

Updated January 30, 2025

Eric Brandt is a Senior Editor for Cox Automotive, specializing in expert reviews for Kelley Blue Book and Autotrader. Eric helps shoppers find the right car for their needs, wants, and budget. Eric started writing for Cox Automotive as a freelancer in 2017 and entered his current role in 2022. In addition to car reviews, Eric’s work on KBB and Autotrader has included lists, comparisons, advice, Oversteer articles and videos, and even motorcycle and ATV content.

Pros

  • Excellent standard features
  • Good fuel economy
  • Roomy cargo hold

Cons

  • A bit short on rear legroom

What's New?

  • Refreshed styling
  • Updated safety and infotainment tech
  • Manual transmission dropped

The Toyota Corolla Hatchback is one of the last compact hatchbacks standing in an automotive world where SUVs have become the norm. If you’re looking for a new car that’s affordable, reliable, and flexible, the stylish Corolla Hatchback is a good buy. It’s also great on gas, further adding to its value proposition. An update for 2023 adds more modern tech features and fresh styling to keep it competitive. The Toyota Corolla Hatchback competes primarily with the hatchback variants of the Honda Civic and Mazda3. The Corolla sedan and Corolla Hybrid models are also available, which are reviewed separately.

2023 Toyota Corolla Hatchback Pricing

2023 Toyota Corolla Hatchback pricing starts at $23,175 for the Corolla Hatchback SE Hatchback 4D, which had a starting MSRP of $24,250 when new. The range-topping 2023 Corolla Hatchback XSE Hatchback 4D starts at $23,814 today, originally priced from $27,675.

Original MSRP
KBB Fair Purchase Price (national avg.)
$24,250
$23,175
$27,675
$23,814

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 2023 Toyota Corolla Hatchback models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Toyota Corolla Hatchback

The Toyota Corolla Hatchback is a pleasant car to drive. It has no delusions about being a hot hatch, but the 2.0-liter 4-cylinder engine under the hood delivers enough pep for an enjoyable drive. If you prioritize efficiency over performance, you’ll appreciate this frugal engine.

Handling is a similar story. It’s fun to whip around corners thanks to its small footprint, but this hatchback is still plenty comfortable in around-town and highway driving.

If it’s been a while since you’ve driven an affordable compact car, you may be pleasantly surprised by how quiet and refined the ride is in the Corolla Hatchback.

Interior Comfort

The interior of the Toyota Corolla Hatchback has a modern design and nice tech features. The standard infotainment system is a user-friendly 8-inch screen with wireless Android Auto and Apple CarPlay, making it easy to bring up your maps, music, and more.

The front seats are comfortable and plenty roomy. The rear seats are okay for kids and shorter adults, but there isn’t much room back there. As for cargo space, you get 17.8 cubic feet of room behind the rear seats. You’re treated to much more cargo space if you fold down the back seats.

Exterior Styling

The Toyota Corolla Hatchback has pretty sporty styling for such a practical car. It has a sharp light signature and sporty new front and rear fascias for 2023. It’s also available in some fun colors like Inferno and Blue Crush, and the optional black roof really makes it stand out.

The Corolla Hatchback is on the smaller side of its class, measuring a bit smaller than the hatchback variants of the Honda Civic and Mazda3.

Favorite Features

1. Toyota Safety Sense 3.0
The Toyota Corolla Hatchback is generous with standard safety tech features for a car in this price range. The standard Toyota Safety Sense 3.0 system includes features like automatic emergency braking, adaptive cruise control, lane-keep assist, road sign assist, and automatic high beams.

2. Quick and efficient engine
The standard 2.0-liter 4-cylinder engine under the hood of the Corolla Hatchback strikes a nice balance of performance and efficiency. It’s energetic enough to deliver an enjoyable drive, plus it returns up to 40 mpg on the highway.

3. 8-inch Toyota Audio Multimedia
This feature-rich infotainment system comes loaded with connectivity features like wireless Android Auto and Apple CarPlay, making it easy to connect your smartphone to the screen in your car.

4. Generous cargo hold
The Corolla sedan has a pretty small trunk, but the Corolla Hatchback has more space for your stuff while taking up less room in the garage. It has 17.8 cubic feet of cargo space behind the rear seats, which increases when you fold the seats down.

5. Black roof
The Corolla Hatchback is available with a Midnight Black Metallic roof in contrast to one of the bold available paint options like Inferno and Blue Crush. This stylish option makes this hatchback stand out.

6. Intelligent Assistant
This optional tech feature makes the infotainment system in this Toyota a little smarter. It responds to “Hey, Toyota” voice prompts so you can get directions, control the audio, and more by just using your voice.

Engine & Transmission

2023 Toyota Corolla Hatchback: Most Popular

Most 2023 Toyota Corolla Hatchback models are powered by a 2.0-liter 4-cylinder engine mated to a continuously variable automatic transmission (CVT). The manual transmission option for this engine has been discontinued for 2023.

Front-wheel drive (FWD) comes standard on every Corolla Hatchback. If you’re looking for a compact car with all-wheel drive (AWD), consider the Mazda3, Subaru Impreza, or the hybrid version of the Corolla sedan.

2.0-liter 4-cylinder engine
168 horsepower @ 6,600 rpm
151 lb-ft of torque @ 4,800 rpm
EPA city/highway fuel economy: 31/40 mpg

2023 Toyota GR Corolla: Turbocharged Excitement

If you’re looking for a hot hatch, consider the all-new Toyota GR Corolla. This souped-up version of the Corolla Hatchback is powered by a 1.6-liter turbocharged 3-cylinder engine mated to a 6-speed manual transmission and the sport-tuned GR-FOUR AWD system. Rated at 300 horsepower and 273 lb-ft of torque, it primarily competes with the Subaru WRX and the upcoming Honda Civic Type R.

1.6-liter turbocharged 3-cylinder engine
300 horsepower @ 6,500 rpm
273 lb-ft of torque @ 3,000-5,500 rpm
EPA city/highway fuel economy: TBD


What did you think of this review?

More About How We Rate Vehicles
Advertisement

New Toyota Corolla Hatchback Deals and Incentives

APR

3.99% APR | 36 months

Get 3.99% APR for 36 months on a new 2025 Corolla Hatchback.

See more details

End Date: 04/30/2025
LEASE

$289 /mo | 36 months | Due at Signing

Lease a new 2025 Corolla Hybrid LE for $289 per month for 36 months with $3,288 due at signing.

See more details

End Date: 04/30/2025
See All Current Corolla Hatchback Deals

2023 Toyota Corolla Hatchback
KBB.com Consumer Reviews

4.3
Consumer Rating
Based on 30 Consumer Reviews
Write a Review
85%Recommend this vehicle
5
67%
5
67%
4
20%
4
20%
3
3%
3
3%
2
0%
2
0%
1
10%
1
10%
Value
4.3
Performance
4.0
Quality
4.4
Comfort
4.2
Reliability
4.6
Styling
4.5

Trending Topics in KBB.com Consumer Reviews

Advertisement

2023 Toyota Corolla Hatchback Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
SE Hatchback 4D
$23,175
35 MPG
169 @ 6600 RPM
4-Cyl, Dynamic-Force, 2.0 Liter
17.8 cu ft
151 lb-ft
3150 lbs
XSE Hatchback 4D
$23,814
33 MPG
169 @ 6600 RPM
4-Cyl, Dynamic-Force, 2.0 Liter
17.8 cu ft
151 lb-ft
3150 lbs
See Full Specs for All 2023 Toyota Corolla Hatchback Styles
Advertisement

2023 Toyota Corolla Hatchback Depreciation

A 2023 Toyota Corolla Hatchback has depreciated $2,671 or 11% in the last 2 years and has a current resale value of $21,579 and trade-in value of $19,792.

Login or create a new account to see your vehicle depreciation forecast data.

Historical
historical solid line
Forecast
forecast dash line
2023 Toyota Corolla Hatchback
Compare up to 3 vehicles by logging in.

2023 Toyota Corolla Hatchback Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$24,250
$24,250
2024
$2,915
$21,335
$19,370
Now
+ $244
$21,579
$19,792
Lock Icon

Unlock Forecast

2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 Toyota Corolla Hatchback Depreciation

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.


Is this information helpful?
Learn More About 2023 Toyota Corolla Hatchback Depreciation

Already Own This Car?

See Cars for Sale

Specifications

Dimensions, Weights & Capacities

Curb Weight
3150 lbs.
EPA Passenger
84.6 cu.ft.
Fuel Capacity
13.2 gallons
Front Head Room
38.4 inches
Front Leg Room
42.0 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.1 inches
Overall Length
172.0 inches
Front Shoulder Room
53.9 inches
Towing Capacity, Maximum
1500 lbs.
Trunk or Cargo Capacity
17.8 cu.ft.
Wheel Base
103.9 inches
Width with mirrors
70.5 inches

Exterior

Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors
Roof Rails
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
32 mpg
Highway
41 mpg
Combined
35 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic
Recommended Fuel
Regular
Hill Start Assist
Available

Performance

Horsepower
169 @ 6600 RPM
Torque
151 @ 4800 rpm
Engine
4-Cyl, Dynamic-Force, 2.0 Liter

Warranty

Basic
3 years / 36000 miles
Powertrain
5 years / 60000 miles
Corrosion
5 years / Unlimited miles

Entertainment

  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Folding Rear Seat
  • Cloth Seats

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry
  • Internet Access
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Voice Recognition System

2023 Toyota Corolla Hatchback Safety

2023 Toyota Corolla Hatchback Safety Technology

Pre-Collision System

The Corolla Hatchback can automatically apply the brakes if it detects a potential collision with a vehicle or pedestrian.

Dynamic Radar Cruise Control

This standard feature safely keeps a safe and steady distance from the car in front of you while cruise control is on.

Lane Departure Alert with Steering Assist

This system alerts the driver if you’re drifting out of your lane and can help control the steering when needed.

5.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
5.0
Side Barrier
5.0
Rollover Rating
4.0
Side Crash
5.0

Compare to Similar Vehicles

Used 2023
Toyota Corolla Hatchback
New 2025
Toyota Corolla Hatchback
Used 2023
Honda Civic
Used 2023
MINI Hardtop 4 Door
See Details
Price
$23,175
$24,875
$25,737
$24,747
KBB.com Rating
4.3
4.3
4.7
3.3
Consumer Rating
4.3
4.3
3.8
4.6
Fuel Economy
City 32/Hwy 41/Comb 35 MPG
City 32/Hwy 41/Comb 35 MPG
City 30/Hwy 37/Comb 33 MPG
City 29/Hwy 38/Comb 32 MPG
Fuel Type
Gas
Gas
N/A
N/A
Safety Rating
5.0
5.0
5.0
N/A
Seating Capacity5555
Basic Warranty
3 years or 36000 miles
3 years or 36000 miles
3 years or 36000 miles
4 years or 50000 miles
Horsepower
169 @ 6600 RPM
169 @ 6600 RPM
158 @ 6500 RPM
134 @ 4400 RPM
Engine
4-Cyl, Dynamic-Force, 2.0 Liter
4-Cyl, Dynamic-Force, 2.0 Liter
4-Cyl, i-VTEC, 2.0 Liter
3-Cyl, Turbo, 1.5 Liter
Drivetrain
FWD
FWD
FWD
FWD

2023 Toyota Corolla Hatchback Rankings

More Toyota Corolla Hatchback News & Information

Compact Car
2023 Toyota Corolla: New Safety Tech, AWD Hybrids

The Toyota Corolla has always been a great value. It’s seldom an inspiring car (though there is that one now).…

Sean Tucker June 03, 2022
High Performance Car
Toyota GR Corolla Will be Hard to Find

Few cars generate as much buzz as the 2023 Toyota GR Corolla has in just over two weeks. Toyota wants…

Sean Tucker April 20, 2022
High Performance Car
Toyota GR Corolla: Little Racing Rocket

High-performance versions of affordable cars were once common but had almost died out in recent years. They’re making a comeback…

Sean Tucker April 11, 2022

FAQs

Is the 2023 Toyota Corolla Hatchback a good car?

The 2023 Toyota Corolla Hatchback is a good value for drivers looking for a safe, practical, and efficient compact car.

How much is a 2023 Toyota Corolla Hatchback?

The 2023 Toyota Corolla Hatchback starts at $22,965.

How many miles can a 2023 Toyota Corolla Hatchback last?

The Toyota Corolla has a strong track record of reliability. If you keep up with routine maintenance, you can expect it to last many years and miles with low ownership costs.

Is the 2023 Toyota Corolla Hatchback a good vehicle?

Yes, the 2023 Toyota Corolla Hatchback is a good car, as reflected by its above-average Kelley Blue Book rating of 4.3 out of 5.

What is the MPG for a 2023 Toyota Corolla Hatchback?

2023 Toyota Corolla Hatchback city/highway fuel economy ratings range from 30/38 mpg to 32/41 mpg, depending on trim and equipment.

How much should a 2023 Toyota Corolla Hatchback cost?

Used 2023 Toyota Corolla Hatchback prices currently range from $23,175 for the SE Hatchback 4D to $23,814 for the XSE Hatchback 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Toyota Corolla Hatchback?

The cheapest 2023 Toyota Corolla Hatchback is the SE Hatchback 4D, with a Kelley Blue Book Fair Purchase Price of $23,175.

Is the 2023 Toyota Corolla Hatchback reliable?

The 2023 Toyota Corolla Hatchback is part of the 1st-generation Corolla Hatchback, which our owners give an above-average reliability rating of 4.6 out of 5.

Also from Toyota

Advertisement