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corolla

2007 TOYOTA COROLLA
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2007 TOYOTA COROLLA's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2007 TOYOTA COROLLA in 2007 was $21,900.
The average price for used 2007 TOYOTA COROLLA nowadays in 2024 is $6,869 which is 31% from the original price.
Estimated mileage driven per year is 9,706 miles.
The graph below is a depreciation curve for 2007 TOYOTA COROLLA. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2007 TOYOTA COROLLA in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
YearAverage MileageAverage Price% Left% Lost
2007 MSRP0 mi$21,900100%0%
20079,706 mi$23,998−$2,098−9.58%109.58%-9.58%
200819,412 mi$21,997+$2,001+8.34%100.44%-0.44%
200929,118 mi$20,988+$1,009+4.59%95.84%4.16%
201038,824 mi$19,995+$993+4.73%91.3%8.7%
201148,530 mi$18,800+$1,195+5.98%85.84%14.16%
201258,236 mi$17,598+$1,202+6.39%80.36%19.64%
201367,942 mi$16,042+$1,556+8.84%73.25%26.75%
201477,648 mi$15,477+$565+3.52%70.67%29.33%
201587,354 mi$14,499+$978+6.32%66.21%33.79%
201697,060 mi$13,900+$599+4.13%63.47%36.53%
2017106,766 mi$12,995+$905+6.51%59.34%40.66%
2018116,472 mi$11,516+$1,479+11.38%52.58%47.42%
2019126,178 mi$10,992+$524+4.55%50.19%49.81%
2020135,884 mi$9,600+$1,392+12.66%43.84%56.16%
2021145,590 mi$8,990+$610+6.35%41.05%58.95%

Price vs Mileage

Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA COROLLA’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2007 TOYOTA COROLLA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 TOYOTA COROLLA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
15,000 mi$12,99512 sales
25,000 mi$11,50013 sales
30,000 mi$10,99518 sales
35,000 mi$11,08629 sales
40,000 mi$9,99516 sales
45,000 mi$10,49537 sales
50,000 mi$10,90030 sales
55,000 mi$9,99339 sales
60,000 mi$9,99981 sales
65,000 mi$9,27743 sales
70,000 mi$9,60063 sales
75,000 mi$8,99971 sales
80,000 mi$9,07873 sales
85,000 mi$9,00072 sales
90,000 mi$8,73982 sales
95,000 mi$8,420128 sales
100,000 mi$8,137132 sales
105,000 mi$8,199129 sales
110,000 mi$7,995124 sales
115,000 mi$7,599111 sales
120,000 mi$7,950144 sales
125,000 mi$7,499161 sales
130,000 mi$7,295152 sales
135,000 mi$7,495187 sales
140,000 mi$6,997155 sales
145,000 mi$6,774161 sales
150,000 mi$6,592146 sales
155,000 mi$6,408132 sales
160,000 mi$6,500138 sales
165,000 mi$5,99792 sales
170,000 mi$6,200120 sales
175,000 mi$5,995115 sales
180,000 mi$5,90087 sales
185,000 mi$5,99563 sales
190,000 mi$5,30069 sales
195,000 mi$4,99972 sales
200,000 mi$5,34952 sales
205,000 mi$4,97344 sales
210,000 mi$4,90049 sales
215,000 mi$5,00047 sales
220,000 mi$4,99549 sales
225,000 mi$5,00032 sales
230,000 mi$4,96519 sales
235,000 mi$4,97719 sales
240,000 mi$4,55022 sales
245,000 mi$4,98814 sales
250,000 mi$4,99518 sales
255,000 mi$4,48612 sales
265,000 mi$4,99516 sales
285,000 mi$4,49110 sales
300,000 mi$3,99527 sales
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Aftermarket modifications can affect the depreciation of 2007 TOYOTA COROLLA either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of TOYOTA COROLLA
corolla
1996 TOYOTA COROLLA
$4,473 average used price
710+ sales records
corolla
2000 TOYOTA COROLLA
$4,777 average used price
2,500+ sales records
corolla
2006 TOYOTA COROLLA
$6,435 average used price
15,500+ sales records
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2013 TOYOTA COROLLA
$11,516 average used price
62,800+ sales records
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2018 TOYOTA COROLLA
$16,042 average used price
182,100+ sales records
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2023 TOYOTA COROLLA
$21,997 average used price
5,100+ sales records
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