By Eric Brandt
Updated January 30, 2025
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 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.
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.
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.
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.
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.
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
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
Get 3.99% APR for 36 months on a new 2025 Corolla Hatchback.
Lease a new 2025 Corolla Hybrid LE for $289 per month for 36 months with $3,288 due at signing.
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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 |
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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 | 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 |
Alloy Wheels | Available | ||
---|---|---|---|
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Roof Rails | Available | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 32 mpg | ||
---|---|---|---|
Highway | 41 mpg | ||
Combined | 35 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 169 @ 6600 RPM | ||
---|---|---|---|
Torque | 151 @ 4800 rpm | ||
Engine | 4-Cyl, Dynamic-Force, 2.0 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
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.
Used 2023 Toyota Corolla Hatchback | New 2025 Toyota Corolla Hatchback | Used 2023 Honda Civic | Used 2023 MINI Hardtop 4 Door | ||
---|---|---|---|---|---|
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 Capacity | 5 | 5 | 5 | 5 | |
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 |
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The 2023 Toyota Corolla Hatchback is a good value for drivers looking for a safe, practical, and efficient compact car.
The 2023 Toyota Corolla Hatchback starts at $22,965.
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.
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.
2023 Toyota Corolla Hatchback city/highway fuel economy ratings range from 30/38 mpg to 32/41 mpg, depending on trim and equipment.
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.
The cheapest 2023 Toyota Corolla Hatchback is the SE Hatchback 4D, with a Kelley Blue Book Fair Purchase Price of $23,175.
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.