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2008 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 2008 Toyota Corolla has other costs in addition to financing costs. These 2008 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.

2008 Corolla Ownership Costs

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	YEAR 1	YEAR 2	YEAR 3	YEAR 4	YEAR 5	5 YR TOTAL
Depreciation	$2,683	$568	$249	$543	$478	$4,521
Financing	$789	$633	$470	$292	$107	$2,291
Insurance	$1,259	$1,259	$1,259	$1,259	$1,259	$6,296
State Fees	$84	$57	$58	$54	$55	$308
Fuel	$1,307	$1,435	$1,575	$1,730	$1,899	$7,946
Maintenance	$117	$226	$248	$683	$256	$1,531
Repairs	N/A	N/A	$64	$138	$279	$480
Cost Per Year	$6,240	$4,179	$3,923	$4,698	$4,332	$23,372
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$26,364
Difference						$2,993
Value Rating						Excellent