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Toyota

Toyota - Corolla (2002)

The Toyota Corolla 2002 – a benchmark in reliability and value has long been a cornerstone for drivers seeking a dependable daily commute without the fuss of high maintenance costs. Regardless of whether you’re curious about a Toyota Corolla price today, or researching the historical market trends of a vintage 2002 Toyota Corolla price, this guide offers a clear snapshot of what you can expect.

Below you’ll find a concise, searchable specification list, an overview of depreciation patterns, a quick comparison with contemporary competitors, and an insight into why the Corolla remains a popular choice in the compact‑sedan segment. All of this is built around the keywords you’re after – Toyota Corolla price, Toyota Corolla 2002 price, used Toyota Corolla price, Toyota Corolla depreciation, and what is a 2002 Toyota Corolla worth – ensuring the content is both SEO‑friendly and easy to read.

  • Engine: 1.8‑L 4‑Cylinder DOHC 16‑valve
  • Transmission: 4‑speed automatic (often A4) or 5‑speed manual
  • Fuel Type: Regular gasoline
  • Horsepower: 106 hp @ 6000 rpm
  • Torque: 102 lb‑ft @ 4000 rpm
  • Dimensions (L×W×H): 174.0 in × 69.9 in × 56.4 in
  • Wheelbase: 106.0 in
  • Curb Weight: 2,340–2,455 lb (depending on options)
  • Fuel Economy: 25–29 mpg city / 34–37 mpg highway
  • Interior Features: Power windows, conditioning, CD player, steering wheel controls
  • Safety: Front airbags, ABS, seat belt pretensioners, child safety locks

Depreciation Insights – How the 2002 Corolla Holds Its Worth

The term Toyota Corolla depreciation often sparks debate among buyers. In general, new cars shed a large portion of their value quickly, but the Corolla is an exception thanks to its reputation for durabilityp>

  • First Year – Typically loses 15‑20% of its original retail value.
  • Year 1‑3 – Total depreciation tends to range between 30‑35%.
  • Year 4‑7 – Slowing drop, usually around 5‑8% per annum.
  • Beyond 8 Years – Value stabilizes; the vehicle can retain 10‑15% of its original price, especially with low mileage and good maintenance.

Thus, what is a 2002 Toyota Corolla worth largely depends on its mileage, service history, and regional demand. A well‑maintained 2002 model can still fetch a competitive price in the used‑car market.

Market Position – Why the Corolla Remains Popular

This sedan is celebrated within the compact‑sedan segment for its blend of comfort, fuel efficiency, and solidity. The Corolla consistently ranks among the best‑selling cars in the U.S., Japan, and many emerging markets, covering a broad spectrum of price ranges from low‑budget buyers to those willing to pay a premium for newer models.

Comparison Context – How the 2002 Corolla Stacks Up

  • Compared to the Honda Civic (2002) – The Civic offers a sportier design and slightly higher horsepower (), but the Corolla typically scores better in terms of long‑term reliability and lower repair costs.
  • Compared to the Nissan Sentra (2002) – While the Sentra might provide a lower base price, the Corolla generally receives higher resale values and better resale ratings.
  • Compared to the Mazda3 (2003) – Mazda’s newer styling and turbo options may appeal to enthusiasts, yet the Corolla’s proven durability keeps it at the top of used‑car dealer listings.

These comparisons reinforce the idea that the Corolla offers a balanced mix of affordability, durability, and resale value that is hard to beat in its class.

What Does the Current Used Toyota Corolla Price Look Like?

While the precise figure varies by region, mileage, and condition, a few general rules apply: