2026 Toyota Corolla: real cost in Ontario
See the Corolla on Toyota's site ↗Prices read 2026-10-29
Cheapest trim, L CVT · Toronto · age 35–59 · 6 years · 18,000 km a yearChange
Sticker$25,020the advertised price
Drive away$31,564with fees and HST
Loan payment$447/mo72-month loan at 6.5%, $5,000 down
True cost$851/moeverything, after resale
$31,564 to drive away + $45,419 to run it for 6 years − $15,727 back at resale = $61,256, or $851 a month.
Where the money goes
Drive away$31,564
Running it, 6 yrs+$45,419
Back at resale−$15,727
Sticker pricethe advertised MSRP
+$25,020Feesfreight $1,760 · dealer $999 · levies $154
+$2,913HST, 13%Ontario
+$3,631Insuranceestimate, age 35–59, Toronto
+$14,319Fuel18,000 km a year at 6.7 L/100 km
+$11,216Maintenanceestimate
+$7,380Lost return on your money5% a year on the down payment and each payment
+$6,825Loan interest6.5% over 72 months
+$5,587Registration and plates6 years in Ontario
+$91Resale after 6 years63% of MSRP, you get this back
−$15,727True cost $61,256 ÷ 72 months$851 a month
The car
Size and space
Body4Dr. Sedan4.63–4.64 m long
Seats5
Cargo371 Lbehind row 2
Ground clearance13 cmlow; watch steep driveways
Engine and fuel
Engine169 hp gas, FWD
0–100 km/h8.1–8.5 sour estimate from power and weight
Fuel use6.7–6.9 L/100 kmNatural Resources Canada
TowingNot published
Tires15", 16" or 18"by trim
Safety and cover
US crash test✓ 5 of 5 starsNHTSA · see the test ↗
Highway assistSteers and brakeshands on the wheel · some trims or an option
Insurance claimsAbove averagecollision 136 · theft 73 · injury 100 (100 = avg)
Warranty3 yrs / 60,000 kmpowertrain 5 yrs / 100,000 km
Resale at 6 years63% of MSRPthis model's own record · how it compares
Every trim
All trims: FWD, 169 hp, 5 seats.| L CVT | $25,020 | $31,564 | $61,256 | ✓ $851/mo | 6.7 L/100 km | — No | ✓ Yes | — No | — No |
| L CVT | $25,520 | $32,129 | $61,872 | $859/mo | 6.7 L/100 km | — No | ✓ Yes | — No | — No |
| LE CVT | $26,200 | $32,898 | $62,730 | $871/mo | 6.7 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | — No |
| LE CVT | $26,700 | $33,463 | $63,345 | $880/mo | 6.7 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | — No |
| SE CVT | $27,760 | $34,660 | $64,735 | $899/mo | 6.8 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | — No |
| LE CVT LE Upgrade | $28,319 | $35,292 | $65,240 | $906/mo | 6.7 L/100 km | ✓ Yes | — No | ✓ Yes | ✓ Yes |
| SE CVT | $28,355 | $35,333 | $65,610 | $911/mo | 6.9 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | — No |
| LE CVT LE Upgrade | $28,916 | $35,967 | $65,884 | $915/mo | 6.7 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | ✓ Yes |
| SE CVT SE Upgrade | $30,345 | $37,581 | $68,808 | $956/mo | 6.8 L/100 km | ✓ Yes | — No | ✓ Yes | ✓ Yes |
| SE CVT SE Upgrade | $30,940 | $38,254 | $69,617 | $967/mo | 6.9 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | ✓ Yes |
| XSE CVT | $33,340 | $40,966 | $72,233 | $1,003/mo | 6.8 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | ✓ Yes |
| XSE CVT | $33,510 | $41,158 | $72,565 | $1,008/mo | 6.9 L/100 km | ✓ Yes | ✓ Yes | ✓ Yes | ✓ Yes |
L CVT
✓ $851/mo
True cost
L CVT
$859/mo
True cost
LE CVT
$871/mo
True cost
LE CVT
$880/mo
True cost
SE CVT
$899/mo
True cost
LE CVTLE Upgrade
$906/mo
True cost
SE CVT
$911/mo
True cost
LE CVTLE Upgrade
$915/mo
True cost
SE CVTSE Upgrade
$956/mo
True cost
SE CVTSE Upgrade
$967/mo
True cost
XSE CVT
$1,003/mo
True cost
XSE CVT
$1,008/mo
True cost
Features, trim by trim
Cheapest on the left. Each bar starts at the trim that adds it.Feature
L CVT$25,020
LE CVT$26,200
SE CVT$27,760
LE CVT LE Upgrade$28,319
SE CVT$28,355
LE CVT LE Upgrade$28,916
SE CVT SE Upgrade$30,345
SE CVT SE Upgrade$30,940
XSE CVT$33,340
Safety and driver assist
Automatic braking
✓ Every trim
Blind-spot monitor
✓ from LE CVT
Rear cross-traffic alert
✓ from LE CVT
Adaptive cruise
✓ Every trim
Lane centering
✓ L CVT to SE CVT
✓ SE CVT to LE CVT LE Upgrade
✓ from SE CVT SE Upgrade
Comfort
Heated seats
✓ from LE CVT
Heated steering wheel
✓ from SE CVT
Heated rear seats
✓ from XSE CVT
Convenience
Push-button start
✓ from SE CVT
Remote start
✓ L CVT to LE CVT
✓ SE CVT to LE CVT LE Upgrade
✓ from SE CVT SE Upgrade
Wireless phone charging
✓
✓ from LE CVT LE Upgrade
Power driver's seat
✓ from XSE CVT
Tech and audio
Apple CarPlay and Android Auto
✓ Every trim
Wireless CarPlay
✓ Every trim
Premium sound system
✓ from XSE CVT
Capability and looks
Sunroof
✓
✓ from LE CVT LE Upgrade
LED headlights
✓ Every trim
Not listed on any trimHands-free driving360° cameraParking sensorsCooled seatsDual-zone climateMassaging seatsPower liftgateMemory seatBuilt-in navigationHead-up displayLarge touchscreen (12 in+)AWD or 4WDTow hitch includedPanoramic roof
Full standard equipment on the L CVT (53 items)
- Front & Rear Splash Guards
- LED Taillamps
- Bi-Beam LED Headlamps
- Daytime Running Lights
- Power-Adjustable Heated Exterior Mirrors
- Temporary Spare Tire
- 15" Steel Wheels
- Intermittent Wipers
- SiriusXM with 3-month All-Access trial
- Wireless Apple CarPlay Compatibility
- Wireless Android Auto Compatibility
- 6-speaker Audio System
- USB Type-C Data Port
- 8" Toyota Multimedia w/ Service/Safety Connect (min 5yr trial), Remote/Drive Connect capable (Sub. Required)
- Cabin Air Filter
- Manual Air Conditioning
- 7" Digital Gauge Cluster
- Day and Night Mechanical Rear View Mirror
- 6-way Manual Driver Seat
- 4-way Manual Passenger Seat
- Fabric Seats
- Rear Foldable 60/40 Seats
- Tilt & Telescopic Steering Wheel
- Urethane Steering Wheel
- Rear Window Defroster
- Power Windows with Auto Up/Down for All Windows
- Rear Disc Brakes
- Electric Parking Brake (EPB)
- Front Disc Brakes
- 2.0 Litre 4-cylinder DOHC 16-Valve
- Independent Macpherson Strut Front Suspension
- Torsion beam type rear suspension
- Front and Rear Stabilizer Bar
- Direct Shift CVT
- Remote Keyless Entry System
- Driver Knee Airbag
- Front Seat Side Airbags
- Rear Seat Side Airbags
- Total Number of Airbags: 10
- Backup Camera
- Driver & Passenger Airbag Supplemental Restraint System (SRS)
- Front Passenger Seat Cushion Airbag
- Side Curtain Shield Airbags
- Engine Immobilizer
- Anti-Theft Alarm System
- Star Safety System: Smart Stop Technology, Vehicle Stability Control, Anti-Lock Brakes, Traction Control, Electronic Brake Force Distribution, Brake Assist
- Automatic High Beam (AHB)
- Lane Tracing Assist (LTA)
- Lane Departure Alert (LDA)
- Dynamic Radar Cruise Control (DRCC)
- Road Sign Assist (RSA)
- Pre-Collision System (PCS)
- Proactive Driving Assist (PDA)
Recalls in Canada
✓ No Transport Canada safety recalls for 2025 to 2027 Corolla models.
Quick answers
- How much is a 2026 Corolla in Ontario?
- $31,564 to drive away for the L CVT, from a $25,020 sticker.
- What does it cost a month?
- A $447 loan payment, about $905 a month with insurance, fuel and upkeep ($5,000 down); about $851 a month all in, after resale.
- How much can it tow?
- The brand doesn't publish a towing capacity.
Colours
UndergroundCelestiteMidnight Black MetallicWind Chill Pearl with Black Roof+$890Classic Silver Metallic with Black Roof+$540Ruby Flare Pearl with Black Roof+$890BlueprintWhiteClassic Silver MetallicRuby Flare Pearl+$350Ink
Similar cars
Prices from Toyota's Ontario build-and-price page, read 2026-10-29. Insurance and maintenance are estimates. How we count.