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Toyota

Toyota - Corolla (2004)

Have you ever wondered about the Toyota Corolla price history or want to find a good deal on a 2004 model? The Corolla is one of Toyota’s most trusted and best‑selling sedans worldwide, so its price trends are closely watched by both new buyers and collectors. Understanding the Toyota Corolla 2004 price, how much a used Toyota Corolla price might fall, and what a 2004 Corolla is worth today can help you make an informed purchase or sell your car at the right time.

  • Year and Model: 2004 Toyota Corolla
  • Engine: 1.6‑liter 4‑Cylinder, 101 horsepower
  • Transmission: 5‑speed manual or 4‑speed automatic
  • Fuel Type: Regular gasoline
  • Drive Type: Front‑wheel drive (FWD)
  • Dimensions:
    • Total length: 4,300 mm (169 in)
    • Wheelbase: 2,600 mm (102 in)
    • Width: 1,695 mm (67 in)
    • Height: 1,455 mm (57 in)
  • Interior Space: 120 “A”‑points turbo‑drive (fitted with 90–100% seat fabric or leather options)
  • Fuel Economy: Approx. 36 miles per gallon (MPG) city / 43 MPG highway (combined 38 MPG)
  • Trim Levels: Base, S, LE, XLE, Hybrid (optional)
  • Safety Features: 6 airbags, ABS, electronic stability control (ESC), traction control, tire pressure monitoring system
  • Optional Extras: Sunroof, navigation, power‑tilt steering, Bluetooth, traction control, wheel size up to 15‑inch Alloy

When it comes to year‑specific buying decisions, the Toyota Corolla 2004 price varies by region, condition, mileage, and trim. While we refrain from quoting a specific figure, you’ll find readings across various markets often start around the median used car price range and can climb higher for well‑maintained, low‑mileage examples.

Depreciation Insight: The Life of a Used Toyota Corolla

Knowing that a car loses value over time is almost as common as knowing it averages 15–20% depreciation in its first year can help you plan. Here’s how the Toyota Corolla depreciation trend typically looks:

  • First Year: 15‑20% drop from retail price due to the “new car” premium losing its edge.
  • Second Year: Additional 8‑12% depreciation, especially if the vehicle has trouble-free documentation.
  • Third Year: 6‑8% decline, mainly influenced by mileage and year‑over‑year market demand.
  • Beyond Three Years: Between 20‑30% more loss, so a 5‑year‑old Corolla will typically trade around 50‑55% of its original MSRP.
  • Long‑Term (10+ years): Roughly 40‑50% of MSRP remains, but newer models and higher trim levels may preserve a higher percentage.

These percentages are general estimates for the U.S. sits, and exact values in other markets will adjust for local supply, taxes, and fuel prices. The fact that the Corolla is built for reliability makes it a strong performer in sustained price stability; its used Toyota Corolla price tends to hold well because owners often keep these cars longer and maintain them diligently.

Comparison Context: What Is a 2004 Toyota Corolla Worth Compared to Similar Models?

When you ask, “what is a 2004 Toyota Corolla worth?” you might already be comparing it to the likes of the Honda Civic, Mazda3, and Nissan Sentra. Let’s break it down simply: