Learn about the Toyota Corolla compact car. See the engine specifications, gas mileage, price, and MSRP. Research Toyota LE warranty features and Toyota Financial Services lending options.
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Details About the 2002 Toyota Corolla sedan
The 2002 Toyota Corolla is made under the Toyota automobile brand name. It is classified as a compact car and comes with a sedan body. This 4 door sedan has front wheel drive with a 5-speed manual transmission. The Toyota Corolla is predominantly imported from Japan. The Toyota automotive line is a subsidiary automobile brand held by Toyota Motor Corporation.
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The Toyota Corolla comes in numerous trim levels and packages such as the 2002 Toyota Corolla LE 4 Door Sedan (1.8L 4-Cylinder 5M). This variation of the Corolla sedan sports the LE 4 door sedan with a 1.8L 4-cylinder 5M on the Toyota Corolla vehicle chassis. The Corolla LE trim might include vehicle enhancement package deals based on the origin of the vehicle and the production generation.
Toyota Corolla LE Pricing and MSRP
Are you excited to buy a 2002 Toyota Corolla LE? The recommended MSRP is noted at $13,383 and used Kelly Blue Book market prices are usually found at lower price points. Used vehicle prices depend on the year, make, design, and qualities. Toyota Corolla sale prices can increase beyond these ranges because of factors like increased demand, limited supply, and market scarcity. In 2021, car, truck, and SUV sale prices and equivalent automobile equity rose due to widespread semiconductor chip production inadequacies and supply chain constraints. This shortage caused a strain on the auto marketplace and older used quotes passing up the value highs formerly only seen by new vehicle models.
MSRP: $13,383
Trim & Style: LE 4 door sedan with a 1.8L 4-cylinder 5M
Made In: Japan
Corolla LE Performance and Engine
A motor vehicle’s power, torque, and performance are important for understanding the vehicle’s limitations, and they matter more sometimes than others. For instance, if you are hauling a load or pop up trailer with a truck. The efficiency, specifications and capacities of your engine hauling package matters a lot. Your 0 to 60 time, quarter mile time, and engine can lead to more bragging rights if you are taking your sports car out for a track day. However, if you are searching for a smaller economical car or sedan to run about town as a daily driver, you may not even care what is under the hood so long as it is dependable and the engine runs well.
Toyota Automobile Data Table
The 2002 Toyota Corolla can come with numerous various performance packages and engine options. This exact Toyota automobile includes the 1.8 gas engine with a front wheel drive drivetrain.
Engine: 1.8L 4-cylinder 5M
Horsepower: 125
Doors: 4 door
Transmission: 5-speed manual
Drive Type: front wheel drive
Fuel: gas
MSRP: $13,383
Manufactured: Japan
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Gas Mileage
Comprehending gas mileage and fuel economy are crucial factors when it pertains to looking at a Toyota Corolla. Other than the real price of the auto, the fuel cost is often the next most expensive element when it concerns automobile ownership. The next most costly aspect is obeying the suggested manufacturer’s maintenance schedule and conducting preventive routine maintenance.
The U.S. Environmental Protection Agency or EPA gives estimations around a vehicle’s gas mileage (MPG) and the amount of miles a motor vehicle can productively drive per a gallon of fuel consumed on city streets and on the highway. MPG depends on Toyota Corolla engine type, performance, operation elevation, and other things like aftermarket modifications, but it supplies a good standard for fuel usage.
For the 2002 Toyota Corolla, the EPA approximates an average of 28/37 MPG while operating the vehicle on city streets and while operating the vehicle on the highway. These values are different considering that city driving involves navigating local streets, stop lights, stop signs, and other things which require the Toyota Corolla to stop and start more often. On the highway, the Toyota Corolla’s engine and fuel performance can be extended, accomplishing a higher MPG ranking.
Comparing Vehicle MPGs
Are you interested in comparing car or truck MPGs? Check out how your existing car, truck, or SUV compares to the fuel effectiveness of the 2002 Toyota Corolla. Use the gas mileage difference calculator to see how many miles you could drive and costs related to gas. Can you save money by driving this Toyota Corolla or will it cost you more gas money to drive?
Financing your 2002 Toyota Corolla sedan can be an excellent way to get into the car or truck of your dreams while paying it off over the course of several years by making monthly payments. Determine the amount you will be required to to finance by finding the difference between the cost of your new Toyota Corolla and the valuations of your down payment and any trade-in credit from your old car or truck.
This will provide you with the total amount you need to finance your 2002 Toyota Corolla. Get in touch with loan providers to see quoted financing deals. These deals will normally be based upon your credit rating, customer credit profile, and credit report. The next step includes choosing the ideal lender. It is desirable to check out funding rates, terms and APRs from several loan providers (looking at deals with 3-4 lenders is great). Checking the competing offers will help you find the very best financing offer possible on your Toyota car.
To round off your Corolla financing, you may need to do a few things including having a qualifying credit rating, meeting lending institution requirements, and meeting car finance criteria. Credit ratings in the 500s (subprime category) may be acceptable for older used car or truck financing with scores in the 600s suitable for newer car or truck financing.
Other lending institution requirements consist of making a certain quantity of money each month and meeting residency requirements by living in an area the lender services. Your automobile must meet basic car financing requirements like being more recent than 10 years old and having less than 100K miles with positive motor vehicle equity.
Toyota Corolla Refinancing
Refinance your Toyota Corolla LE sedan. Learn how you can save money by adjusting your current loan.
Find Toyota Corolla Insurance
Learn about insurance and see coverage options for your Toyota Corolla. Bundling your insurance can save you money.
Learn About Toyota Financial Services
Toyota Financial Services is Toyota’s in-house financial support services branch. If you are considering purchasing a newer automobile from an auto brand dealership, they provide a few funding alternatives. The deals and rewards can include lending offers like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based upon your down payment). Toyota Financial Services can also supply leasing offers and rewards like 10,500 yearly miles for 39 months with a set dollar amount due at finalizing.
Understanding Funding Your Corolla LE
It is essential to recognize how much you can afford to allocate towards your new 2002 Toyota Corolla. This is very important not just for car budgeting when tracking your individual expenses but also for comparing finance deals from different lenders. Checking your numbers with a finance calculator is among the easiest methods to rapidly see your predicted automobile payment.
How Much is the Car Payment to Buy a Toyota Corolla LE?
Are you wondering how much it would cost to sign a car loan on a 2002 Toyota Corolla? Here is an estimated cost you can use to start your research! The answer to the motor vehicle payment question depends on a few numbers. The month-to-month vehicle payment on a Toyota Corolla LE is calculated by taking into account the following things: your down payment amount, vehicle loan lending rates, loan term, your credit history, trade in-value, and additional elements. Things like the sales tax on the Corolla LE also must be taken into account. Now, we are ready to find the estimated payment. Considering that the manufacturer’s suggested retail price or MSRP is $13,383, the estimated typical automobile payment for a brand-new Corolla may be around $193.98.
This can be estimated by taking the MSRP and subtracting a 10% down payment together with a car loan rate of 5% throughout a 48 month term. Keep in mind these approximations may fluctuate based on your specific car loan rates and bank or credit union offers. Remember this is what it might cost if you were to buy the 2002 Toyota Corolla “new” based on the MSRP. With used and older motor vehicles, there is a significant probability the monthly auto payment will be substantially different. You can check more estimates using different numbers and percentages using a car financing calculator.
Estimated Monthly Payment
$193.98
Involved Payment Factors
MSRP: $13,383 Down Payment: 10% (estimated payment) Loan Interest Rate: 5% (average rate) Car Loan Term: 72 months (varies by offer)
Note: This estimated payment does not include other factors and costs like sales tax which would normally be included in actual payment estimate.
About 2002 Toyota Corolla Refinancing
Refinancing your Toyota Corolla is also an alternative to look at after you have made a few of your initial regular monthly vehicle payments. The primary loan providers you originally financed through typically have benefits and deals which end or are front-weighted. For instance, special deals like cash back reimbursements and 0% APR financing discount rates might begin losing their effectiveness or benefit after 6 to 12 vehicle payments.
When refinancing is an excellent alternative to think about, carefully read the terms and conditions of your finance agreement and check them to see if proceeding with refinancing may help you. Refinancing gives you the power to find a new loan for your auto financial debt with a brand-new lender successfully changing your current loan’s APR and term with the new loan’s term and interest rate. If your financial situation has changed after you secured the loan for your Toyota Corolla or if your initial term and APR are no longer useful to you, think about refinancing. You can normally save cash on your monthly car payments by refinancing your automobile loan.
Toyota Corolla Car Insurance Policies
Having valid vehicle insurance coverage insurance coverage for your Toyota Corolla is critical. Deciding on the right insurance plan for you may help cover damages related to vehicular accidents, vehicle theft, and other damage to your SUV, truck, or car. Not only can car insurance assist you in fixing the damage from an auto crash or striking a stationary object, but retaining current insurance coverage is commonly a legal requirement to operate a vehicle on public roads in numerous states and counties in the United States. The most effective automobile insurance plans are comprehensive collision coverage which helps you repair your Toyota sedan and pay for damage from many things like inclement weather, storms, wildland fires, vandalism, and wild animal impacts on top of automobile crashes. Your insurance policy can additionally help you pay for repairs to the 1.8L engine in your sedan together with other mechanical components. The amount you pay for the policy can change and is frequently based on the year of manufacture of your automobile. If you drive the 2002 LE, this will be factored into your regular monthly insurance coverage payments. Discover more about insurance and secure your Toyota Corolla LE 4 door sedan with a 1.8L 4-cylinder 5M.
Where to Buy Toyota Corolla LE
There are a lot of things to consider when it comes time to purchase a car. You want to locate the best make and model that fits your needs along with handling a vehicle payment that meshes well with your budget plan. There are a lot of options out there for shopping for brand-new and used automobile stock, so it can be hard to know where to begin your vehicle purchasing journey. Try Carvana.
We frequently think of branded factory warranties when it pertains to having a premier service for your new automobile. These factory service warranties include traditional protections like a restricted 3 year duration or 36,000 mile bumper-to-bumper guarantee and a 5 year or 60,000 mile powertrain service warranty. These yearly durations begin with the initial sale date by the original owner.
Alternative factory motor vehicle service contracts are also offered depending upon the engine type of the car. For instance, brand-new SUVs, cars, or trucks with diesel motors can come with a manufacturer 5 year long or 100,000 mile powertrain service warranty. Hybrid and electric powered vehicles (EVs) can additionally have distinct coverage like a 8 year long or 100,000 mile warranty.
There are also extended automobile and vehicle service plans (VSPs), Certified pre-owned (CPO) coverage, and additional guarantee coverage alternatives available outside of the maker’s factory plans. VSPs offer maintenance service programs with extra protection for parts in the event that your car or truck suffers from a disastrous mechanical failure. These are excellent options to look into when buying a used car.
CPO service warranties typically include protection for extra years with limitations like 2 years or 80,000 miles on the car. Cars, trucks, and SUVs that are sold with CPO status undergo a thorough pre-owned checkup by certified service technicians which includes additional warranty years. CPO motor vehicles usually cost more than comparable used cars and trucks , however, they could be worth it for coming with the assurance that the car or truck you are purchasing is mechanically good.
Other protection choices consist of prepaid auto upkeep programs from car dealers. These programs encompass the parts, services, and labor that belong to the advised producer’s maintenance schedule. You will find these line items and associated mileages listed in the car or truck owner’s manual.
Info on Corolla Warranty Details
Factory Warranty: A factory warranty is what you might think of when the idea of motor vehicle warranties are brought up. These kinds of service warranties usually come with new cars and trucks and are among the easiest and most economical methods to maintain your vehicle– warranty wise because the new motor vehicle will likely cost more than a used one leading to less affordability. The factory warranty resembles a manufacturer’s service warranty and is a commitment from the car manufacturer. Under the service warranty protection, the auto manufacturer will fix any damaged areas and/or replace any damaged parts due to manufacturing defects, malfunctioning components or materials, and defective workmanship without expense to you as the motor vehicle owner. The guarantee guarantees the car or truck will be restored to excellent operating condition.
Drivetrain Warranty: A drivetrain warranty covers the parts, components, and systems which move or “drive” the automobile forward. A drivetrain warranty is also another term for a powertrain warranty and might cover comparable components depending on the manufacturer’s definitions and warranty terms.
Roadside Warranty: A roadside warranty helps you when you are stranded or broken down on the road. This warranty for the Toyota Corolla LE consists of standard aid services like towing, blowout fixing or replacement, dead battery aid and jumpstarts, lockout assistance, fluid and fuel delivery, and other comparable services. A roadside service warranty resembles roadside assistance, but it is included with the new motor vehicle from the automaker and not an add-on product through insurance or a vehicle service plan or VSP.
Rust & Corrosion Warranty: A rust and corrosion warranty can help protect the materials, body, and frame of the automobile. Automakers include this anti-rust warranty with brand-new vehicles to help fix damage caused by caustic liquids, chemicals, and materials. While vehicle bodies are made of materials which are corrosion-resistant like aluminum, plastic, magnesium, and carbon fiber, rust can still occur. For example, large amounts of roadway deicers like salt or sodium chloride, calcium chloride, magnesium chloride, and similar elements and compounds can induce a car’s body to rust. Other harsh liquids like bleach and acid (while not normally found on roadways), can trigger deterioration if splashed on body panels.
Toyota Corolla Factory Warranty Coverage
Factory Warranty: 3 years / 36,000 miles
Drive Train Warranty: 5 years / 60,000 miles
Roadside Warranty:
Rust & Corrosion Warranty: 5 years / unlimited miles
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Toyota Corolla LE Manufacturer Add-ons
In order to appeal to a greater range of car drivers who are interested in the 2002 Toyota Corolla LE, a few different trim levels are provided. Lots of automobile manufacturers offer various alternatives for their cars. This includes Toyota Motor Corporation who makes the Corolla model. These alternatives can include factors like various paint shades, wheel sizes, or packages that include features like a sunroof or gps system. Supplying these choices enables suppliers to appeal to different kinds of shoppers as well as enables them to sell larger volumes of automobiles.
These alternatives allow consumers to select a vehicle which suits their needs and can include different attributes that they might desire in their automobile. Some auto producers might offer things like a selection of various engines, trim lines, and also sport packages to pick from, while others might offer different exterior colors or interior trim levels. The alternatives that are available can vary across car manufacturers, makes, and models, so do your research when you are trying to find an automobile with certain features like heated seats or third occupant seating.
By putting in the time to research the various alternatives that are available in the vehicle market, you, as the customer, can ensure that you are buying exactly what you want in your new car. This sedan by Corolla comes equipped from the automobile producer with a number of standard trims and options. They consist of options like the MacPherson strut front suspension, MacPherson strut rear suspension, four-wheel independent suspension,4-way manual driver seat adjustments, 4-way manual passenger seat adjustment, bucket front seats, cloth,split-folding rear seatback,heated mirrors,clock, external temperature display, low fuel level warning, tachometer,front and rear cupholders, front door pockets, power steering, remote trunk release, tilt-adjustable steering wheel,front reading lights, trunk light, dual vanity mirrors,4 total speakers, telescoping antenna, AM/FM stereo,rear defogger, variable intermittent wipers,full wheel covers, steel wheels, temporary spare tire, 14 x 5.5 inch wheels, all season tires, P185/65R14 tires, steel spare wheel,2 front headrests, 2 rear headrests, child seat anchors, daytime running lights, dusk sensing headlamps, electronic brakeforce distribution, front seatbelt pretensioners, emergency interior trunk release, rear center 3-point belt, rear door child safety locks, ventilated front disc/rear drum brakes, and other typical vehicle features.
Toyota Corolla Frequently Asked Questions
Have concerns about the Toyota Corolla LE? Here are some answers to frequently asked FAQs. It is important to do your research on the vehicle and research the specific details. Check out the auto specs and be aware of how your car payment on a vehicle can change your financial situation. These answers can help you understand the capabilities of the vehicle along with miles per gallon, weight, horsepower, and engine capabilities.
What is a Toyota Corolla LE?
The Toyota Corolla is a vehicle line produced by Toyota Motor Corporation. The LE is a specific package of the Toyota Corolla lineup. The vehicle is categorized as a compact car.
How much does a Toyota Corolla LE cost?
The Toyota Corolla LE costs around $13,383.
What is the car payment to buy a Toyota Corolla LE?
The monthly car payment on a Toyota Corolla LE depends on your down payment, car loan interest rate, term, credit score, trade in-value, and other factors. Things like sales tax on the Corolla LE also need to be considered. Since the MSRP is $13,383, the average car payment for a new Corolla could be around $193.98. This can be estimated by using the MSRP minus a 10% down payment with a motor vehicle loan interest rate of 5% over a term of 48 months. Keep in mind these factors will vary depending on your qualifying loan rates and lending offers. You can check additional estimates with varying numbers by using a car payment calculator.
Can I lease a Toyota Corolla LE?
You may be able to lease a Toyota Corolla LE through an auto loan lender or financial institution.
Can I refinance my Toyota Corolla LE?
You may be able to refinance your Toyota Corolla LE depending on your credit score and financial situation. To learn more about lenders who offer vehicle refinancing and car loans, check out the best auto refinance companies.
Where can I buy a Toyota Corolla LE?
Try searching car dealers like Carvana for a Toyota Corolla LE. They often have good deals on recent vehicles and may also have a similar Toyota Corolla in their inventory.
How far does the Toyota Corolla LE go on a single tank of gas?
The Toyota Corolla LE can usually travel around 369.6/488.4 miles miles on a full tank of gas. This range is dependent on driving conditions, vehicle maintenance, and other roadway factors.
Does the Toyota Corolla have good gas mileage?
Toyota Corolla gets an EPA estimated 28/37 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 31 MPG. Understanding if this is a good gas mileage depends on what you are comparing the vehicle to. You can use our Gas Mileage Comparison calculator to see MPG estimates between vehicles with different MPG ratings along with destinations.
What kind of gas mileage does the Toyota Corolla get?
The Toyota Corolla gets 28/37 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 31.
What type of gas does a Toyota Corolla use?
The Toyota Corolla uses the regular unleaded fuel type.
How much gas does the Toyota Corolla gas tank hold?
The gas tank in the Toyota Corolla holds 13.2 gallons of gas.
What type of vehicle is the Toyota Corolla LE?
The Toyota Corolla with the LE package is a compact car.
What is the towing capacity of a Toyota Corolla?
The Toyota Corolla has a towing capacity of 1,500 pounds.
How much horsepower does a Toyota Corolla have?
The Toyota Corolla has a horsepower rating of 125HP.
What kind of engine does a Toyota Corolla LE have?
The Toyota Corolla LE comes with a 1.8L 4-cylinder 5-speed manual engine.
What type of drivetrain does a Toyota Corolla LE have?
The Toyota Corolla LE features a front wheel drive drivetrain.
What kind of transmission does a Toyota Corolla come with?
The Toyota Corolla LE comes with a 5-speed manual transmission.
Where is the Toyota Corolla made?
The Toyota Corolla LE is made in the Japan by Toyota Motor Corporation.
Is the Toyota Corolla domestic or imported?
The Toyota Corolla is a imported vehicle.
What car company makes the Toyota Corolla LE?
The Toyota Motor Corporation is the auto manufacturer which produces the Toyota Corolla LE.
How much does a Toyota Corolla weigh?
The Toyota Corolla LE has a gross vehicle weight of pounds and a curb weight of 2,445 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Toyota Corolla come with?
The Toyota Corolla LE can come with a few warranties from the manufacturer including a 5 years / 60,000 miles drivetrain warranty, a roadside warranty, a 5 years / unlimited miles anti-rust warranty, and a maintenance program.
