Throttlebook

2024 Toyota Corolla

The 2024 Toyota Corolla earns a strong Throttlebook Ownership Score of 72/100. Expect about $37,793 to own it for five years, or $630 a month. NHTSA lists 2 recall campaigns that may apply, so check the exact VIN at nhtsa.gov before you buy. Owners have filed 66 complaints.

Recalls
2
Complaints
66
5-yr cost
$38k
MPG (EPA)
35
0
Strong
Ownership Score

2024 Toyota Corolla vs nearby years

Compare this year with the model years next to it on the same hub.

Looking at a specific Corolla?

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2 recalls may apply

For the 2024 Toyota Corolla. NHTSA matches recalls by model and year — confirm by VIN.

  • What's wrong: Gulf States Toyota, Inc. (GST) is recalling certain Toyota 2023 GR Supra, 2024 4 Runner, Corolla, Grand Highlander, Grand Highlander Hybrid, Land Cruiser Hybrid, Tacoma, Tacoma Hybrid, 2023-2024 BZ4X, Corolla Cross Hybrid, GR Corolla, GR86, Highlander, Highlander Hybrid, Prius, Prius Prime, Sequoia Hybrid, Tundra, Tundra Hybrid, Venza Hybrid, 2023-2025 Crown, and 2025 Camry Hybrid vehicles equipped with GST accessories. The load carrying capacity modification label may display inaccurate added weight values. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 110, "Tire Selection and Rims."

    Risk: A vehicle with an incorrect maximum capacity weight value may be overloaded, which can increase the risk of a crash.

    Fix: GST will mail new labels to owners, free of charge. Owner notification letters were mailed September 16, 2024. Owners may contact GST customer service at 1-800-444-1074. GST's number for this recall is 24R2.

Check recalls for this exact VIN at NHTSA

Recall repairs are free at any authorized dealer.

5-year cost to own

Estimated $18,750 price, 20% down, 11.19% APR for 60 months (Experian avg.), 12,000 mi/yr.

$37,793
$630/month · $0.63/mile
Depreciation$5,211
Insurance (national avg.)$12,000
Fuel / charging$5,745
Maintenance$5,800
Repairs$1,800
Loan interest$5,112
Taxes & fees$2,125

Estimate, not financial advice. How we calculate.

Owner complaints & safety

What real owners reported to NHTSA for this model year.

66 complaints11 involved a crash
  • Unknown Or Other15
  • Forward Collision Avoidance13
  • Steering12
  • Service Brakes10
  • Air Bags8
  • Electrical System8

Complaint counts scale with how many were sold; compare against similar models.

NHTSA crash-test stars
Overall
5 out of 5 stars
Frontal
5 out of 5 stars
Side
5 out of 5 stars
Rollover
4 out of 5 stars

Rated as: 2024 Toyota COROLLA 4 DR FWD

What to check on a used 2024 Toyota Corolla

Ordered by what owners of this model year reported most. Reports are not proof of a defect.

  • Driver-assist systems
    • Ask if the systems work as designed and if any warnings stay on.
    • Test the backup camera and parking sensors if fitted.
  • Steering
    • Does the car drift or pull on a straight road?
    • Turn the wheel lock to lock and listen for clunks or whines.
  • Brakes
    • Press the pedal firmly: it should feel solid, not sink or pulse.
    • Listen for grinding or squealing when stopping.

If anything in a safety area feels wrong (brakes, steering, airbags, tires), stop driving and get it inspected before you buy or drive it further. Paste a VIN above for the full printable checklist.

Common 2024 Toyota Corolla problems

Cheaper alternatives

FAQ

Is the 2024 Toyota Corolla a good car to buy?
The 2024 Toyota Corolla earns a strong Throttlebook Ownership Score of 72/100. Expect about $37,793 to own it for five years, or $630 a month. NHTSA lists 2 recall campaigns that may apply, so check the exact VIN at nhtsa.gov before you buy. Owners have filed 66 complaints.
Does the 2024 Toyota Corolla have recalls?
NHTSA lists 2 recall campaigns for the 2024 Toyota Corolla, including Equipment › Other › Labels; Steering. Recalls are matched by model year, so check your exact VIN at nhtsa.gov/recalls. Recall repairs are free at authorized dealers.
What are the most common 2024 Toyota Corolla problems?
Owners filed 66 complaints with NHTSA. The most-reported areas are forward collision avoidance (13), steering (12), service brakes (10), air bags (8).
How much does a 2024 Toyota Corolla cost to own for 5 years?
About $37,793 over 5 years ($630/month) at an estimated $18,750 purchase price and 12,000 miles a year, including depreciation, insurance, fuel, maintenance, repairs, loan interest and taxes. Run a VIN report to personalize it.

Sources: NHTSA recalls, complaints and NCAP ratings; EPA fueleconomy.gov. Data refreshed weekly. Complaint counts scale with sales volume.