The 2024 Toyota Corolla is not exactly a standout compact sedan. However, whatever it does and offers at its price point makes it a value-for-money car. The hatchback and hybrid trims deserve a separate review. The Toyota Corolla 2024 interior is comfortable for the front passengers, but rear-seat passengers suffer from limited headroom. Available in LE, SE, Nightshade Edition, and XSE, every trim is equipped with Toyota Safety Sense 3.0 as standard, and the result is a five-star safety rating from the NHTSA.
The 2024 Corolla LE, SE, Nightshade Edition, and XSE trims are priced at $21,900, $24,340, $25,340, and $27,000, respectively. An additional destination charge of $1,095 is levied across all the trims as delivery, processing, and handling charges. The base LE trim can be leased for a term of 36 months, with monthly payments of $229 and $3,999 due at signing. It can also be financed at an APR of 9.56% for a term of 72 months, with $371 per month and $2,750 as a down payment.
Under the hood is a 2.0-liter inline-four engine with 169 horsepower, and all the power is sent to the front wheels via the CVT. The performance isn't zippy, and the 2024 Corolla 0-60 run is expected to take 8.2 seconds. However, the slower acceleration time is compensated by very good fuel economy. The 2024 Toyota Corolla mpg ratings are 32 mpg in the city and 41 mpg on the highway. With a combined gas mileage of 35 mpg, the Corolla can offer a range of 462 miles from its 13.2-gallon gas tank.
The 2024 Toyota Corolla hasn't been rated for the J.D. Power Consumer Rating as of now. However, the 2023 Corolla received an overall score of 81/100, which is very good. For reliability, it scored 85/100, and for resale, it scored 81/100. However, the driving and dealership experiences scored 77/100 and 79/100, respectively. So, the 2024 Corolla is bound to offer a very similar score, promising very good reliability and resale value. However, it points to improvements in the driving experience.