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2007 Toyota Corolla Cost Of Ownership

If you buy a used Sedan, you should expect to pay more than the usual retail pricing or a private-party price. The total cost of ownership of a 2007 Toyota Corolla has other costs in addition to financing costs. These 2007 Toyota Corolla ownership costs include insurance, depreciation, operating costs like fuel, maintenance and repair, and state registration fees. Select one of the options below to continue researching the subject.

2007 Corolla Ownership Costs

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	YEAR 1	YEAR 2	YEAR 3	YEAR 4	YEAR 5	5 YR TOTAL
Depreciation	$1,107	$1,482	$996	$1,100	$915	$5,599
Financing	$748	$602	$445	$278	$102	$2,175
Insurance	$1,499	$1,499	$1,499	$1,499	$1,499	$7,494
State Fees	$82	$55	$55	$51	$52	$294
Fuel	$870	$955	$1,049	$1,152	$1,265	$5,292
Maintenance	$115	$217	$240	$671	$240	$1,482
Repairs	N/A	N/A	$59	$127	$258	$444
Cost Per Year	$4,420	$4,809	$4,342	$4,879	$4,330	$22,780
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$24,743
Difference						$1,963
Value Rating						Excellent