The Toyota Corolla is the best used Toyota to buy. In particular, the 2014 Corolla stands out as a great option for drivers looking for modernized technology at an approachable price.
The Toyota Corolla is one of the best used cars on the market. Even years after its conception, the Corolla sports an Infotainment system and driver assistance features that maintain a modern feel. It also offers a smooth driving experience that stacks up the newest Toyota models out there.
If a new Toyota is outside of your budget, purchasing a used Toyota is the best way to take advantage of the brand’s top ratings and reliable features.
With the Japanese manufacturer crafting award-winning automobiles since the late 1930s, it's hard to know where to start when shopping for the best used Toyota. Thankfully, the top-rated
car insurance app
Jerry has compiled all the inside information on the best used Toyota to buy. Plus, we've thrown in some tips to help you save money on
Toyota insurance costs.
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The best used Toyota to buy: 2014 Toyota Corolla
It’s easier than ever to stay true to Toyota’s mantra and “Go Places” behind the wheel of a used Corolla. The
Toyota Corolla series is possibly the brand’s best used car on the market. Safe and reliable, this compact sedan has done an amazing job of maintaining relevance among newer, tech-loaded vehicles.
What makes the 2014 Toyota Corolla a good used car?
Toyota brand vehicles are a popular choice for their affordability and stellar fuel economy, and the 2014 Corolla stands out as a frontrunner. But what exactly sets it apart?
Our rating system for evaluating used cars hinges on four major factors: true cost to own, safety features, reliability, and customizations. Let's take a closer look:
True cost to own: Buying a used Toyota might seem like an attractive option until you factor in maintenance and insurance costs. The best used Toyota will be affordable to maintain, insure, and
Safety features: When shopping used, know that you won’t have access to all of the cutting-edge safety technology that’s available in newer models. The best used Toyota model is going to offer a series of safety features that will keep you and your vehicle secure on the road.
Reliability: The worst thing that can happen when buying a used car is purchasing a model that can’t go the distance. You’ll want a used Toyota that can grow with you.
Customization and styling: While you’ll have fewer options when it comes to customizing your used car, the best used Toyota will be available in several trim levels and exterior outfittings that can reflect your personality.
The true cost of owning a 2014 Toyota Corolla
The true cost of ownership for your car is the total sum of the purchase price plus the cost of operation such as maintenance, insurance, and financing fees.
Thankfully, the 2014 Toyota Corolla is remarkably reliable. Receiving an impressive four out of five-star rating for reliability from
J.D. Power, drivers can expect to avoid any major repair costs behind the wheel of a Corolla.
Let’s take a closer look at the ins and outs of the true cost of Toyota ownership, and how the Corolla stacks up.
The manufacturer’s suggested retail price (MSRP) for a 2014 Toyota Corolla starts at about $17,610. However, used models can be purchased for around $10,000 (or even less) depending on the car’s condition at the time of purchase.
Costs of operation
With a good credit score and a
good down payment, you can expect low overall loan and interest payments for a used 2014 Corolla.
Depreciation costs can also impact the overall long-term cost of owning a Toyota. A newer Toyota model can lose as much as 38% of its value in the first five years after its purchase. Buying a used model like the 2014 Corolla can ensure that you aren’t losing money as you drive.
The 2014 Toyota Corolla is available at several trim levels, including the base
LE Eco. Depending on the trim level you decide to go with, you could expect to pay a new-model MSRP of anywhere between $17,000 and $22,000.
When shopping used, it's easy to find any trim levels of the 2014 Corolla for around $10,000. While the base trim comes standard with a 1.8-liter I4 engine that pumps out 132 horsepower, higher trim levels will offer upgraded capabilities and features at a marginally higher price point.
Fuel costs for the Corolla aren’t likely to increase your overall cost of ownership by much. With a great fuel economy, the Corolla runs at an average of 42 miles per gallon in highway traffic. That said, the Eco trim offers aerodynamic styling that can increase the efficiency of your Corolla’s fuel economy.
Key Takeaway With an affordable MSRP, low depreciation costs, and one of the best reliability ratings on the market, the total cost of owning a 2014 Toyota Corolla is comparatively low.
Safety features of the 2014 Toyota Corolla
The 2014 Toyota Corolla features a wide array of safety features that hold strong nearly 10 years after hitting the market, including:
Front disc/rear drum brakes
Electronic stability control
Insurance Institute for Highway Safety (IIHS) rated the model “good” in all categories other than in the small overlap front crash test. Even so, the IIHS named the 2014 Corolla one of their 2013 Top Safety Picks.
Is the 2014 Toyota Corolla a reliable used car?
The 2014 Toyota Corolla’s biggest customer complaints were about its dull handling and use of cheap cabin materials—neither of which affect the vehicle’s reliability on the road. The Corolla beats out most compact sedans in its class in terms of reliability with a four out of five-star reliability rating from J.D. Power, where most sedans score a three out of five.
If you want to amp up your Corolla’s already impressive reliability, sticking with the
recommended maintenance schedule for a Toyota is key. Performing routine maintenance on your used car will help you catch any developing issues before they take a bite out of your wallet.
Generally, drivers can expect their 2014 Corolla to last approximately 300,000 miles.
Customization and styling
While the price and dependability of your used Toyota are important, it’s also important that you enjoy owning your car. The 2014 Toyota Corolla offers several customizable features that will help to make this used car undeniable yours.
As you move up through the various trim levels, you will have access to more features that can enhance both the performance and personality of your 2014 Corolla, including:
Continuously variable automatic transmission
How to find affordable insurance for a used Toyota
Car insurance for used cars tends to be cheaper than that for new ones, but insuring a 2014 Toyota Corolla is still a solid investment. Thankfully, the
car insurance super app
Jerry can help you find the best coverage at the lowest prices possible.
It takes just a minute to sign up, and Jerry's
trustworthy super app will then scour more than 50 insurance companies to find you the best deals. Once you pick a policy, Jerry will finalize it and help you cancel your old one.
The average Jerry user saves $887 per year on car insurance! With those savings, you can slash your average annual cost to insure your 2014 Toyota Corolla nearly in half.
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