By KBB Editors
Updated December 23, 2019
If you’ve been burned in the past by promises of "great reliability" and "bullet-proof resale value," the 2012 Toyota Corolla should help rebuild your faith that some promises do come true.
If you’re looking for cutting-edge style or the latest engineering features, the aging Corolla platform with its 132-horsepower engine and 4-speed automatic transmission probably won’t impress you. A Hyundai Elantra, Mazda3 or Ford Focus is likely a better match.
The 2012 Toyota Corolla L gains color-keyed power side mirrors, power windows with driver’s auto-down feature, power door locks, and keyless entry. The LE trim gains steering wheel audio controls and 16-inch alloy wheels. The LE and S trims also get a new audio unit with MP3/WMA CD playback capability, a USB iPod interface, and Bluetooth connectivity for cell phone and music streaming.
The 2012 Toyota Corolla sedan continues to be one of the best known, best selling compact sedans in America. The 2012 Toyota Corolla’s reputation for longevity is legendary, as is its high resale value and fuel economy figures. Yet over the years, Toyota has become complacent with the Corolla, allowing the front-wheel-drive sedan’s design to stagnate, its features to become antiquated, and its core audience to grow much older. A major refresh in 2011 brought a more aggressive face and better wheels, but placed next to a 2012 Ford Focus, Hyundai Elantra or Chevy Cruze, the 2012 Toyota Corolla still looks a bit frumpy. With cars like Elantra and Forte offering more features for the same or less money, and new performance models such as the VW Jetta TDI and Mazda3 Skyactiv delivering both excitement and 40-mpg fuel economy, the 2012 Toyota Corolla sedan will have to rely heavily on its merits, as well as the faithful legion who return to Toyota showrooms time and time again.
2012 Toyota Corolla pricing starts at $7,271 for the Corolla L Sedan 4D, which had a starting MSRP of $16,890 when new. The range-topping 2012 Corolla S Sedan 4D starts at $8,398 today, originally priced from $18,750.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$16,890 | $7,271 | |||
$18,670 | $7,227 | |||
$18,750 | $8,398 |
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 2012 Toyota Corolla models in typical condition when purchasing from a dealership. These prices are updated weekly.
While the S trim is the most enjoyable to drive, all of the 2012 Toyota Corolla sedans deliver a solid, comfortable ride and no rude surprises. The S trim’s larger wheel-and-tire package and available manual transmission allow it to at least attempt some fun on twisting back roads, but don’t look for a lot of zip coming out of the turns, because the Corolla’s 1.8-liter engine can’t provide it. Again, as a standard mode of transportation, the Corolla does just fine, but any attempt to run with likes of a Mazda3 or even the new Honda Civic fall short. The bottom line is that the Corolla is a good, solid, front-wheel-drive commuter car geared toward those whose automotive choices are made with a more pragmatic viewpoint. Those who demand more from their ride than just solid transportation, however, will likely find more to like from the Corolla’s many rivals.
While the 2012 Toyota Corolla sedan’s interior is highly functional and very roomy, it falls far short of the styling and color offerings of its competitors. Dull gray or beige plastics, and gauge faces with fonts that look two decades old don’t inspire much enthusiasm. Again, if you want to see a great looking interior at a sub-$20K price, look inside a Hyundai Elantra, Ford Focus or Mazda3. The Corolla’s rear seat offers good hip and shoulder room, but the all-important headroom and legroom figures come up a bit short. We do like the S and LE trim’s 3-spoke steering wheel with touch controls, and the new audio unit is a definite step in the right direction. Standard gauges include a tachometer, fuel and coolant temperature, as well as a multi-information display that offers a clock, outside temperature, fuel economy, range, average speed and elapsed time. The 2012 Toyota Corolla sedan includes multiple storage bins, a split upper/lower 2-compartment glove box and four cup holders (two in front and two at the rear). Cargo volume in the trunk is a generous 12.3 cubic feet, but can be expanded thanks to the 60/40 split folding rear seats.
It’s not hard to see where Toyota went for inspiration when restyling the Corolla. The 2012 Toyota Corolla sedan bears an uncanny resemblance to its big brother, the Camry. Beyond its racy front grille and swept back headlights, the 2012 Toyota Corolla sedan is still rather pedestrian when viewed from the side, although less so in S trim guise. Features such as color keyed power side mirrors that appear on the base L trim are a nice touch. But, unlike its competitors, upper level Corolla trims don’t afford owners such high-tech options as high-intensity-discharge (HID) adaptive headlamps, 17- or 18-inch wheels, or rain-sensing wipers. While the base and LE cars might not do much to raise your pulse, the S trim offers enough visual pizzazz to at least get your attention.
Tilt/telescopic steering wheel
This much-appreciated standard feature helps drivers of all sizes find a comfortable position.
USB iPod input
Standard with the new audio head unit on LE and S, this feature allows for control of your iPod via the car’s steering-wheel controls.
Get ready for the lists: The 2012 Toyota Corolla L sedan comes with standard air conditioning a tilt and telescopic steering wheel, 60/40-split folding rear seat, color-keyed power mirrors, AM/FM/CD (SiriusXM satellite-ready) radio, outside temperature gauge, power windows, power locks, remote keyless entry, a driver’s-seat height adjuster, and driver and passenger front, seat-mounted side airbags, traction and stability control and side-curtain airbags. The LE adds an MP3-compatible CD player, USB and auxiliary input jacks, Bluetooth, cruise control, and color-keyed heated side mirrors. The S has fog lights, front and rear spoilers, sport seats and a leather-trimmed steering wheel.
The 2012 Toyota Corolla sedan offers only a few options. A power moonroof can be added to the S trim, while both the LE and S versions can be equipped with a navigation radio and Toyota’s Entune multi-media system. The LE can be equipped with the Premium Package, which simply combines the power moonroof with 16-inch, 5-spoke wheels, and fog lights.
With the loss the XRS trim last year, there is only one engine offered on the 2012 Corolla: a 1.8-liter 4-cylinder good for 132 horsepower. This engine is great for reliability and economy, but, as would be expected, only so-so for performance. Driving through a choice of either a 5-speed manual or old-fashioned 4-speed automatic transmission, it delivers a respectable 26 city and 34 highway EPA-rated miles per gallon (automatic model).
1.8-liter in-line 4
132 horsepower @ 6,000 rpm
128 lb-ft of torque @ 4,400 rpm
EPA city/highway fuel economy: 27/34 (manual), 26/34 (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 | + $1,107 | $8,311 | $7,338 | ||
2023 | $290 | $8,021 | $6,864 | ||
2024 | $1,523 | $6,498 | $5,079 | ||
Now | $774 | $5,724 | $4,242 |
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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 | 2734 lbs. | ||
---|---|---|---|
EPA Passenger | 92.1 cu.ft. | ||
Fuel Capacity | 13.2 gallons | ||
Front Head Room | 38.8 inches | ||
Front Leg Room | 41.7 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.8 inches | ||
Overall Length | 180.0 inches | ||
Front Shoulder Room | 54.8 inches | ||
Towing Capacity, Maximum | 1500 lbs. | ||
Trunk or Cargo Capacity | 12.3 cu.ft. | ||
Turning Diameter | 35.4 feet | ||
Wheel Base | 102.4 inches | ||
Width with mirrors | 69.4 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 26 mpg | ||
---|---|---|---|
Highway | 34 mpg | ||
Combined | 29 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
4 speed | Available | ||
Recommended Fuel | Regular |
Horsepower | 132 @ 6000 RPM | ||
---|---|---|---|
Torque | 128 @ 4400 rpm | ||
Engine | 4-Cyl, 1.8 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Used 2012 Toyota Corolla | Used 2016 Chevrolet Cruze | Used 2013 Nissan Altima | Used 2013 Buick Regal | ||
---|---|---|---|---|---|
Price | $7,271 | $6,535 | $6,787 | $6,768 | |
KBB.com Rating | 2.9 | 4.4 | 4.3 | 3.6 | |
Consumer Rating | 4.4 | 3.9 | 4.1 | 4.4 | |
Fuel Economy | City 26/Hwy 34/Comb 29 MPG | City 29/Hwy 41/Comb 33 MPG | City 27/Hwy 38/Comb 31 MPG | City 18/Hwy 29/Comb 22 MPG | |
Fuel Type | Gas | Gas | Gas | Flexible Fuel | |
Safety Rating | 4.0 | N/A | 5.0 | 5.0 | |
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 | 132 @ 6000 RPM | 153 @ 5600 RPM | 182 @ 6000 RPM | 220 @ 5300 RPM | |
Engine | 4-Cyl, 1.8 Liter | 4-Cyl, Turbo, 1.4 Liter | 4-Cyl, 2.5 Liter | 4-Cyl, Turbo, FFV, 2.0L | |
Drivetrain | FWD | FWD | FWD | FWD |
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The 2012 Toyota Corolla is rated to return city/highway fuel economy of 26/34 mpg.
Used 2012 Toyota Corolla prices currently range from $7,271 for the LE Sedan 4D to $8,398 for the S Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2012 Toyota Corolla is the LE Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $7,271.
The 2012 Toyota Corolla is part of the 10th-generation Corolla, which our owners give an above-average reliability rating of 4.7 out of 5.