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Toyota - Corolla (2008)
Discover the timeless appeal of the Toyota Corolla—a staple of reliability and value in the world of compact cars. Whether you’re curious about the Toyota Corolla price today, evaluating an older model, or weighing the overall worth of a 2008 vehicle, this guide offers clear, up‑to‑date insights. From industry‑backed depreciation rates to a side‑by‑side look at peers, read on to learn all you need before you browse listings or hit the road.
Key specs at a glance
- Engine: 1.8‑L 4‑cylinder (I4) producing 132 hp
- Transmission: 5‑speed manual, 6‑speed automatic, or 8‑speed CVT variants
- Fuel type: Regular or premium gasoline (no flex‑fuel)
- Fuel economy: 27–32 mpg city, 35–40 mpg highway (combined figures vary per trim and drivetrain)
- Dimensions:
- Wheelbase: 108.4 in (2752 mm)
- Length: 182.3 in (4628 mm)
- Width: 70.1 in (1780 mm)
- Height: 56.3 in (1430 mm)
- Weight: 2,625–2,990 lb (1,190–1,350 kg) depending on options
- Standard features: 5‑speed manual or 6‑speed automatic, 6‑speaker stereo, rearview camera
- Advanced safety: Toyota Safety Sense‑C includes lane‑departure alert, adaptive cruise control, and automatic high‑beam
- Trim levels (generic to 2008): S, LE, XLE, SE, XSE, Zeno
Understanding Toyota Corolla depreciation
- First‑year loss typically 15–20% of original MSRP. The 2008 Corolla, being over a decade old, has already absorbed that steep drop.
- Year 2–3: Valuation usually declines an additional 5–10% annually, bringing the overall depreciation to about 30–40% from the new price.
- Years 4–5: You’re looking at a cumulative loss of 45–55% compared with the original curb weight.
- Extended ownership (6–10 years): Depreciation tapers, but a 2008 Corolla in good condition generally retains around 30% of its original value.
In practice, a lightly used 2008 Corolla might see a price drop of roughly about 30–40% from its original MSRP when put on the used car market today. Because internal combustion engine models aimed at longevity still fetch a solid resale price, the 2008 Corolla sits comfortably in the "value‑
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | US$7,485.00 | Unlock all links | |
| 2 years ago | used | US$7,485.00 | Unlock all links | |
| 2 years ago | used | US$4,971.00 | Unlock all links | |
| 2 years ago | used | €3,900.00 | Unlock all links | |
| 2 years ago | used | €3,900.00 | Unlock all links | |
| 2 years ago | used | €5,900.00 | Unlock all links | |
| 2 years ago | used | €5,900.00 | Unlock all links | |
| 2 years ago | used | US$8,495.00 | Unlock all links | |
| 2 years ago | used | US$2,498.00 | Unlock all links | |
| 2 years ago | used | US$2,498.00 | Unlock all links | |
| 2 years ago | used | €3,900.00 | Unlock all links | |
| 2 years ago | used | US$2,498.00 | Unlock all links | |
| 2 years ago | used | €3,900.00 | Unlock all links | |
| 2 years ago | used | €3,900.00 | Unlock all links | |
| 2 years ago | used | €4,790.00 | Unlock all links | |
| 2 years ago | used | €3,900.00 | Unlock all links | |
| 2 years ago | used | €7,500.00 | Unlock all links | |
| 2 years ago | used | €5,990.00 | Unlock all links | |
| 3 years ago | used | €4,900.00 | Unlock all links | |
| 3 years ago | used | €5,700.00 | Unlock all links |