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2008 Toyota Corolla

Used 2008 Toyota Corolla

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2025
2008
Fuel Economy
29 combined mpg
Horsepower
126 hp
Engine
4-Cyl, 1.8 Liter
Cargo Volume
13.6 cu ft
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2008 Toyota Corolla Review

KBB Editors

By KBB Editors

Updated December 23, 2019

Our editors drive and evaluate hundreds of new cars every single year, turning thousands of miles and countless hours behind the wheel into helpful reviews, ratings, and comparisons. They also have lives outside of work, or so they think. You’d be surprised what you can learn by hauling a dirt bike, hunting for a wayward sippy cup, or just packing the trunk full of groceries.

Pros

If you’re looking for a compact sedan with a reputation for reliability, great resale value and good fuel economy, the 2008 Toyota Corolla tops a very short list.

Cons

If you’re looking for a small sedan with cutting-edge styling and a long list of standard features, the Corolla may not be your cup of tea. Those looking for a more stylish interior and the latest high-end options might want to check out the Mazda Mazda3 or Volkswagen Rabbit.

What's New?

No major changes for 2008.

Looking for an inexpensive car that offers a lot for the money? Consider the 2008 Toyota Corolla Sedan. While it may be a bit more expensive than some competitors, the Corolla has an exemplary history (38 years to be exact) of quality, longevity and reliability, not to mention a minimal appetite for fuel. Still, some shoppers will inevitably turn to the less-expensive and better-equipped models from Hyundai, Kia and Suzuki. But, buyer beware; for as these cars appear to offer more features and better styling for less money up front, when it comes trade-in time the Corolla owner will be laughing all the way to the bank.

2008 Toyota Corolla Pricing

2008 Toyota Corolla pricing starts at $4,793 for the Corolla CE Sedan 4D, which had a starting MSRP of $16,352 when new. The range-topping 2008 Corolla S Sedan 4D starts at $6,068 today, originally priced from $17,987.

Original MSRP
KBB Fair Purchase Price (national avg.)
$16,352
$4,793
$17,562
$5,435
$17,987
$6,068

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 2008 Toyota Corolla models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Toyota Corolla

No matter which trim level you choose, you’ll get the same peppy 1.8-liter engine and five-speed manual transmission. Rated at 126 horsepower, the Corolla’s engine uses a number of high-tech features to help it move quickly while sipping fuel at a miserly pace. Even with the optional four-speed automatic, the Corolla feels relatively quick on level surfaces, though it does struggle a bit in high elevations or with a carload of people onboard. On the road, you’ll find the 2008 Toyota Corolla a joy to drive. Its stable suspension returns a smooth ride, yet it’s able to negotiate quick maneuvers without any loss of composure. Keep in mind the Corolla is not a sports car, but driven within reason the Corolla will always go where you point it and stop when you tell it to stop.

Interior Comfort

The 2008 Toyota Corolla touts a beautifully-detailed cabin with firm, supportive seats, grade-A quality plastics and a rear seat that can actually accommodate two adults in relative comfort. As with most cars in this class, the radio and heating controls are placed in the center section for ease of operation, though with the Corolla you may find that operating the radio requires a bit of a reach. There are bins and storage compartments galore, including four separate cup holders.

Exterior Styling

The Corolla features a tall body that raises the bumper height a few inches, a feature that comes in handy when tapping bumpers with today’s monster SUVs. The styling is subtle but pleasant. The sporty S model looks the best of the three trims, but offers no additional horsepower or performance enhancements.

Favorite Features

Auto-Dimming Rearview Mirror
The auto-dimming rearview mirror, optional on the LE grade, includes a built-in compass.

Optional Vehicle Stability Control (VSC)
Perhaps the most important safety feature since the invention of the airbag, VSC can help avoid accidents by keeping the car traveling in its intended direction.

Standard Features

The Corolla CE features a 1.8-liter engine, five-speed manual transmission, air conditioning, rear defroster, digital clock, automatic headlamp control, power mirrors, AM/FM stereo with CD, tilt wheel, tachometer and full wheel covers. The S trim adds ground effects, fog lights, six-speaker stereo, red illuminated instruments and chrome accents. The LE adds wood trim, power windows, Optitron instrumentation and remote keyless entry.

Factory Options

Options vary by trim and include power windows, power locks, remote keyless entry, four-speed automatic transmission, rear spoiler, alloy wheels, power moonroof, auto-dimming inside mirror, anti-lock brakes (ABS), Vehicle Stability Control (VSC), audio upgrades, front side-impact airbags, front and rear side-curtain airbags and cruise control. There are also a number of dealer and port-installed options that vary in price depending on region.

Engine & Transmission

The Corolla’s 1.8-liter engine remains one of the best in the industry. Though it’s no hot rod, there is enough pep under the hood to move the Corolla briskly and the engine’s miserly fuel consumption is among the best in this class.

1.8-liter in-line 4
126 horsepower @ 6000 rpm
122 lb.-ft. of torque @ 4200 rpm
EPA city/highway fuel economy: 28/37 (manual), 26/35 (automatic)


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2008 Toyota Corolla
KBB.com Consumer Reviews

4.7
Consumer Rating
Based on 1,506 Consumer Reviews
Write a Review
95%Recommend this vehicle
5
75%
5
75%
4
19%
4
19%
3
3%
3
3%
2
2%
2
2%
1
1%
1
1%
Value
4.7
Performance
4.6
Quality
4.7
Comfort
4.6
Reliability
4.8
Styling
4.6

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2008 Toyota Corolla Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
CE Sedan 4D
$4,793
29 MPG
126 @ 6000 RPM
4-Cyl, 1.8 Liter
13.6 cu ft
122 lb-ft
2530 lbs
S Sedan 4D
$6,068
29 MPG
126 @ 6000 RPM
4-Cyl, 1.8 Liter
13.6 cu ft
122 lb-ft
2550 lbs
LE Sedan 4D
$5,435
29 MPG
126 @ 6000 RPM
4-Cyl, 1.8 Liter
13.6 cu ft
122 lb-ft
2550 lbs
See Full Specs for All 2008 Toyota Corolla Styles
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2008 Toyota Corolla Depreciation

A 2008 Toyota Corolla has depreciated $944 or 20% in the last 3 years and has a current resale value of $3,715 and trade-in value of $2,472.

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2008 Toyota Corolla
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2008 Toyota Corolla Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$156
$4,659
$3,434
2023
+ $256
$4,915
$3,782
2024
$897
$4,018
$2,650
Now
$303
$3,715
$2,472
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2-Year Forecasted Depreciation

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

2008 Toyota Corolla 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.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
2530 lbs.
EPA Passenger
90.3 cu.ft.
Fuel Capacity
13.2 gallons
Front Head Room
39.3 inches
Front Leg Room
41.3 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.7 inches
Overall Length
178.3 inches
Front Shoulder Room
53.1 inches
Towing Capacity, Maximum
1500 lbs.
Trunk or Cargo Capacity
13.6 cu.ft.
Turning Diameter
36.1 feet
Wheel Base
102.4 inches
Width with mirrors
66.9 inches

Exterior

Alloy Wheels
Available
Number of Doors
4 doors
Privacy Glass
Available
Rear Spoiler
Available

Fuel Economy

City
26 mpg
Highway
35 mpg
Combined
29 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic
4 speed
Available
Recommended Fuel
Regular

Performance

Horsepower
126 @ 6000 RPM
Torque
122 @ 4200 rpm
Engine
4-Cyl, 1.8 Liter

Warranty

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

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release

Entertainment

  • Premium Radio
  • CD Player

Interior

  • Power Windows
  • Rear Window Defroster
  • Power Outlet
  • Tilt Steering Wheel

Seating

  • Leather Seats
  • Folding Rear Seat
  • Cloth Seats

Security

  • Alarm System

Technology

  • Cruise Control
  • Remote Keyless Entry

2008 Toyota Corolla Safety

2008 Toyota Corolla Safety Technology

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Front Head Curtain Airbag
  • Front Side Airbag
Not Available

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Driver Front
5.0
Passenger Front
5.0
Front Side
4.0
Rear Side
4.0
Rollover Rating
4.0

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See Details
Price
$4,793
$5,150
$5,028
$5,251
KBB.com Rating
N/A
4.1
3.9
N/A
Consumer Rating
4.7
4.5
4.5
4.1
Fuel Economy
City 26/Hwy 35/Comb 29 MPG
City 22/Hwy 31/Comb 25 MPG
City 21/Hwy 30/Comb 24 MPG
City 18/Hwy 29/Comb 23 MPG
Fuel Type
Gas
Gas
Gas
Gas
Safety Rating
N/A
5.0
N/A
N/A
Seating Capacity5555
Basic Warranty
3 years or 36000 miles
3 years or 36000 miles
5 years or 50000 miles
3 years or 36000 miles
Horsepower
126 @ 6000 RPM
N/A
250 @ 5500 RPM
219 @ 5800 RPM
Engine
4-Cyl, 1.8 Liter
5-Cyl, PZEV, 2.5 Liter
5-Cyl, Turbo, 2.5 Liter
V6, 3.5 Liter
Drivetrain
FWD
FWD
FWD
FWD

2008 Toyota Corolla Rankings

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FAQs

Is the 2008 Toyota Corolla a good vehicle?

Yes, the 2008 Toyota Corolla is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.

What is the MPG for a 2008 Toyota Corolla?

The 2008 Toyota Corolla is rated to return city/highway fuel economy of 26/35 mpg.

How much should a 2008 Toyota Corolla cost?

Used 2008 Toyota Corolla prices currently range from $4,793 for the CE Sedan 4D to $6,068 for the S Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Toyota Corolla?

The cheapest 2008 Toyota Corolla is the CE Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $4,793.

Is the 2008 Toyota Corolla reliable?

The 2008 Toyota Corolla is part of the 9th-generation Corolla, which our owners give an above-average reliability rating of 4.8 out of 5.

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