Toyota Corolla is one of Toyota’s model of vehicles they manufacture for over millions of people all over the world. Toyota’s Corolla model has earned it a lot of success over the years mainly due it the car’s affordability and yet quality that is able to last longer for its consumers. As a consumer you can choose to purchase either new or used Toyota Corolla. Let’s dive into much more details of the Toyota Corolla and why you should consider purchasing it.
Who Makes the Toyota Corolla?
Funny enough the name attached to it should be able to speak for itself or give you a certain clue of who makes the Toyota Corolla. The Toyota Corolla was born or came into existence around the year 1966 The motive behind the manufacturing of this saloon car was for Toyota to be able to serve it consumers who wanted to get own a Toyota vehicle with a little budget.
Why is the Car called Corolla?
The name Corolla given to Toyota’s subcompact car was derived from a Latin word “Small”.
What are available Models of Toyota Corolla?
The Toyota Corolla has been upgraded severally to obtain the best out of it since its inception, Early versions of Corolla were predominantly rear-wheel drive, however subsequent versions of Toyota Corolla have had front-wheel drive throughout their existence. There have also been four-wheel-drive variants of the Toyota Corolla. The Toyota Corolla is not left alone without any competition like the queen of England, it is highly competed in recent times by Honda Civic, Nissan Sentra and Hyundai Elantra, which also offers an amazing ride as the Corolla does. According to Toyota’s chassis and engine identification codes, the Corolla’s chassis identification code is “E.”
Toyota Corolla Generations
First generation (E10; 1966)
Second generation (E20; 1970)
Third generation (E30, E40, E50, E60; 1974)
Fourth generation (E70; 1979)
Fifth generation (E80; 1983)
Sixth generation (E90; 1987)
Seventh generation (E100; 1991)
Eighth generation (E110; 1995)
Ninth generation (E120, E130; 2000
Tenth generation (E140, E150; 2006)
Eleventh generation (E160, E170, E180; 2012)
Twelfth generation (E210; 2018)
Used Toyota Corolla
Buying a used Toyota car can be a smart choice for many reasons. Here are five points that explain why:
Lower Cost
One of the most significant benefits of buying a used Toyota car is that it is much cheaper than buying a brand new one. The price of a new Toyota car can be several thousand dollars more than the price of a used one. Buying a used car can save you a lot of money and still provide you with a reliable vehicle.
Depreciation
A new car can lose as much as 20% of its value in the first year of ownership, while a used car has already experienced this depreciation. When you buy a used Toyota car, you can avoid this initial depreciation and get a better value for your money.
Reliability
Toyota is known for producing cars that are reliable and durable. Buying a used Toyota car means you can take advantage of this reputation and get a car that has already proven to be reliable. Toyota cars are built to last, and many used models have been on the road for years with minimal problems.
Lower Insurance Costs
Insurance costs for a used Toyota car are typically lower than those for a new car. The cost of insurance is based on the value of the car, so a used car with a lower value will generally have lower insurance costs. This can help you save money on your overall car expenses.
Wide Selection
When you buy a used Toyota car, you have access to a wide selection of models and features that may not be available in new models. You can find a used Toyota car that fits your specific needs and budget, with features that you may not be able to afford in a new car.
In conclusion, buying a used Toyota car can be a smart choice for many reasons, including cost savings, depreciation, reliability, lower insurance costs, and a wide selection of models and features to choose from.
