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How much does it cost to lease a Toyota Corolla?

I don’t know if I want to buy a Toyota Corolla, so I’d love to lease one for a year or two and see how I like it. What does it normally cost to lease a Toyota Corolla?

avatar
Joshua Levy · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Leasing a car
is a great option for people who want to drive a nice car without paying for it outright. That said, leases can also be pretty expensive!
On average, it costs about $317 a month to lease a
Toyota Corolla
. While that price is the average, what you end up paying will vary based on the following:
  • Lease length
  • Mileage per year
  • Model year
As a general rule, older models will be cheaper to lease than newer ones. Additionally, longer leases cost less per month than shorter ones—but you’ll probably end up paying more in the long run. Finally, declaring lower mileage limits can help you keep leasing costs down.
When you lease a new car, you may need a new insurance policy to match. Luckily, the
Jerry
app can help you find the best rates on the car insurance you need in minutes. Just answer a few quick questions, and Jerry will gather personalized quotes from over 50 top providers like Progressive and Nationwide for free.
View full answer 
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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