Learn about the Toyota Corolla compact car. See the engine specifications, gas mileage, price, and MSRP. Research Toyota S warranty features and Toyota Financial Services lending options.
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About the 2007 Toyota Corolla sedan
The 2007 Toyota Corolla is produced under the Toyota automobile brand name. It is classified as a compact car and includes a sedan body. This 4 door sedan has front wheel drive with a 5-speed manual transmission. The Toyota Corolla is mainly imported from the country of Japan. The Toyota automotive line is a subsidiary motor vehicle company held by Toyota Motor Corporation.
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The Toyota Corolla can be found in different trim levels and featured packages including the 2007 Toyota Corolla S 4 Door Sedan (1.8L 4-Cylinder 5M). This variation of the Corolla sedan features the S 4 door sedan with a 1.8L 4-cylinder 5M on the Toyota Corolla chassis. The Corolla S trim can add vehicle enhancement plans depending on the origin of the automobile and the generation.
Toyota Corolla S Pricing and MSRP
Interested in buying a 2007 Toyota Corolla S? The recommended MSRP is noted at $15,350 and used vehicle Kelly Blue Book prices are commonly found at lower price points. Used vehicle values depend upon the year, make, design, and demand. Toyota Corolla appraisals can increase outside of these value ranges due to contributing factors like increased demand, reduced availability, and auto industry scarcity. For example in 2021, SUV, car, and truck costs and corresponding car equity increased due to widespread computer chip production inadequacies and supply chain controls. This shortage generated a ripple effect on the auto market with older used quotes reaching the price highs previously only seen by new vehicle sales.
MSRP: $15,350
Trim & Style: S 4 door sedan with a 1.8L 4-cylinder 5M
Made In: Japan
Corolla S Performance Specs and Engine
A vehicle’s power, torque, efficiency, and performance are crucial to operating with the vehicle’s capabilities, and they matter more sometimes than others. As an example, if you are hauling a load or pop up trailer with a truck. The efficiency, specifications and capacities of your engine towing 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 looking for a sedan to use as an everyday driver, you might not care what is under the hood as long as it is trustworthy and the engine runs well.
Toyota Vehicle Details and Info
The 2007 Toyota Corolla might include a few various performance bundles and engine alternatives. This exact Toyota vehicle includes the 1.8 gas engine with a front wheel drive drivetrain.
Engine: 1.8L 4-cylinder 5M
Horsepower: 126
Doors: 4 door
Transmission: 5-speed manual
Drive Type: front wheel drive
Fuel: gas
MSRP: $15,350
Manufactured: Japan
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Gas Mileage
Understanding gas mileage and fuel usage are vital variables when it comes to purchasing a Toyota Corolla. Besides the base cost of the auto, the fuel cost is typically the next most costly element when it concerns motor vehicle ownership. The third most expensive element is heeding the advised manufacturer’s maintenance schedule and handling preventive routine maintenance.
The U.S. Environmental Protection Agency or EPA gives estimations into gas mileage (MPG) and the amount of miles an auto can effectively drive per a gallon of fuel consumed on city streets and on the highway. MPG is dependent on Toyota Corolla engine type, efficiency, operation altitude, and other things like aftermarket customizations, however it provides a good standard for fuel usage.
For the 2007 Toyota Corolla, the EPA predicts drivers will get about 28/37 MPG while driving on city streets and while operating the vehicle on the highway. These MPG values are different considering that city driving entails navigating community streets, traffic signals, stop signs, and other things which make the Toyota Corolla to stop and start more frequently. On the highway, the Toyota Corolla’s engine and fuel performance can be extended, allowing them to achieve a greater MPG score.
Compare Your Car’s MPG
Are you curious about comparing motor vehicle MPGs? Check out how your present car, truck, or SUV compares to the fuel efficiency of the 2007 Toyota Corolla. This can be a significant consideration in your vehicle purchasing process. Use the gas mileage comparison calculator below to see how many more miles you could drive and fuel prices. Can you save gas money by driving this Toyota Corolla or will it cost you more in gas to drive?
Financing your 2007 Toyota Corolla sedan can be an excellent method to get into the car or truck of your dreams while paying it off over the course of several years by making monthly payments. You often normally start the car or truck shopping journey by searching for the vehicle model you would like to get. Next, you need to figure out the amount of money you will be required to finance by calculating the difference in between the expense of your brand new Toyota Corolla and the amounts of your down payment and any trade-in value or credit from your used car. Deduct these values from the brand-new vehicle’s amount.
This will give you the amount you need to finance your 2007 Toyota Corolla. Contact loan providers to see quoted financing offers. These offers will be based on your credit scores, client profile, and credit history. It is great to compare funding rates from numerous lending institutions (checking offers with 3-4 lenders is excellent). Doubling checking the competing offers will help you get the best financing offer possible on your Toyota automobile.
To complete your Corolla finance, you need to do several things involving having a qualifying credit rating, meeting lender qualifications, and meeting car financing requirements. When trying to finance a recent make car, make an effort to increase your credit score of over 600 (nonprime group). Credit ratings in the 500s (subprime group) might be acceptable for older used vehicle financing. This is important given that your rating can directly impact your given rate of interest throughout the new car loan offering process.
Other lender requirements include making a certain amount of cash every month and meeting residency requirements by living in a region the lender services. In the nonprime credit category of 601 to 660 ratings, loan providers may require borrowers to have a month-to-month income of $1,600 to $2,000. Subprime lenders in the 501 to 600 credit history usually have comparable requirements. Your car should fulfill basic auto financing requirements like being more recent than 10 years old and having less than 100,000 miles with positive vehicle equity.
Toyota Corolla Refinancing
Refinance your Toyota Corolla S 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 internal financing support services division. If you are thinking about buying a more recent car from a brand dealer, they provide a few funding alternatives. The benefits and offers can include finance deals like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based on your down payment). Toyota Financial Services can also provide leasing offers and incentives like 10,500 yearly miles for 39 months with a set dollar amount due at finalizing.
Finding Funding for Your Corolla S
It is important to recognize how much you can afford to put towards your brand-new 2007 Toyota Corolla. This is very important not merely for automobile budgeting when keeping track of your personal financial resources but also for comparing financing deals from different lenders. Checking loan rate and term numbers with a finance calculator is one of the easiest methods to rapidly see your expected motor vehicle payment.
How Much is the Auto Payment to Buy a Toyota Corolla S?
Are you wondering how much it would cost to sign an auto loan on a 2007 Toyota Corolla? Here is an estimated cost you can use to kick off your research! The best answer to your auto payment estimate question depends on a couple of numbers. The regular monthly vehicle payment on a Toyota Corolla S is found by taking into account the following things: your down payment amount, loan APR or interest rate, term, credit report, trade in-value, and similar factors. Things like the sales tax on the Corolla S also have to be taken into consideration. Therefore, since the manufacturer’s suggested retail price or MSRP is $15,350, an average car payment for a brand-new Corolla may be approximately $222.49.
This value can be predicted by taking the MSRP minus a 10% down payment along with a auto loan rate of 5% over a 48 month term. Take note of how these variables can vary depending upon your quoted loan rates, APR, and bank offers. Remember this amount is what it could cost if you purchased the 2007 Toyota Corolla “new” according to the MSRP. With older cars, there is a significant probability the monthly motor vehicle payment will be markedly varied. You can check more quotes using varying numbers and percentages by using a auto loan calculator.
Estimated Monthly Payment
$222.49
Involved Payment Factors
MSRP: $15,350 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 2007 Toyota Corolla Refinancing
Refinancing your Toyota Corolla is also an option to look at after you have made a few of your preliminary regular monthly vehicle payments. The primary lenders you initially funded through frequently have incentives and promotions which expire or are front-weighted. Unique deals like cash back rebates and 0% APR financing discount rates may start losing their effectiveness or worth after 6 to 12 car payments.
When refinancing is a timely option to think about, thoroughly read the terms and conditions of your finance agreement and inspect the details to see how refinancing will help you. Refinancing gives you the power to find a new loan for your motor vehicle financial obligation with a new lender successfully improving your car loan’s APR and term with the new loan’s term and interest rate. If your financial circumstance has changed considering that you acquired your Toyota Corolla or if your original APR and term are no longer useful to you, consider refinancing. You can usually save cash on your regular monthly automobile payments by refinancing your vehicle loan.
Toyota Corolla Insurance Policies
Maintaining active motor vehicle insurance coverage insurance coverage for your Toyota Corolla is a must. Selecting the appropriate insurance plan and coverage for you can help pay for damages and expenses related to traffic crashes, car theft, and additional damage to your SUV, truck, or car. Not only will your insurance policy assist you in repairing the damage from an auto accident or hitting an object, but holding valid insurance coverage is commonly a legal necessity to drive on public roadways in a lot of states and counties in the U.S. The best auto insurance plans and associated coverage are comprehensive collision coverage which helps you repair accident-related damage to your Toyota sedan and pay for non accident-related damage from lots of things like inclement weather conditions, storms, wildland fires, vandalism, and animal impacts on top of motor vehicle collisions. Insurance coverage can additionally help you fix the 1.8L engine in your sedan in addition to other mechanical parts and components. The amount you spend for the coverage can change and is frequently based on the year of manufacture of your automobile. If you drive the 2007 S, this will be factored into your monthly insurance payments. Find out more about insurance and protect your Toyota Corolla S 4 door sedan with a 1.8L 4-cylinder 5M.
Where to Buy Toyota Corolla S
There are a lot of factors to consider when it comes time to purchase a vehicle. You need to locate the right make and model that fits your needs along with managing a car payment that meshes well with your budget plan. There are a lot of alternatives out there for looking at used and new vehicle inventory, so it can be hard to know where to start your car buying journey. Give Carvana a try.
We commonly think about branded factory manufacturer’s warranties when it comes to buying the very best support for your brand-new car. These factory service warranties include traditional coverages like a restricted 3 year in duration or 36,000 mile bumper-to-bumper service warranty and a 5 year or 60,000 mile powertrain guarantee. These annual timeframes begin with the initial sale date by the first truck or car’s owner.
Supplemental manufacturer factory motor vehicle warranties are often readily available depending on the vehicle’s engine type. New autos with diesel engines can come with a factory 5 year duration or 100,000 mile powertrain guarantee. Hybrid automobiles and electric vehicles (EVs) additionally can have unique warranty plans like a 8 year long or 100,000 mile guarantee.
There are also extended automobile or vehicle service plans (VSPs), Certified pre-owned (CPO) coverage, and additional guarantee coverage choices offered outside of the manufacturers original factory plans. VSPs offer maintenance service programs with supplemental coverage for components in the event that your car experiences a devastating mechanical failure. These are good alternatives to consider when buying a used motor vehicle.
CPO warranties typically add coverage for additional years with a time and/or mileage limitation like 2 years or 80,000 miles on the car. Cars, trucks, and SUVs that are sold with CPO statuses receive an extensive pre-owned examination by professional specialists which includes extra guarantee years. CPO cars usually have price points more than equivalent used vehicles , however, they can be worth it for coming with the security that the car or truck you are getting is mechanically robust.
Other coverage options include pre-paid motor vehicle maintenance programs from vehicle dealers. These programs address the components, services, and labor that are part of the suggested producer’s service schedule. You will identify these checks and associated mileages listed in the motor vehicle owner’s manual.
About Corolla Types of Warranties
Factory Warranty: A factory service warranty is what you may think about when the idea of auto warranties are brought up. These sorts of service warranties usually are included when buying new SUVs, cars, or trucks and are among the simplest and most budget friendly methods to look after your car– warranty wise considering that the brand-new motor vehicle might cost more than a used one leading to less affordability. The factory warranty resembles a manufacturer’s warranty and is a guarantee from the car manufacturer. Under the warranty guarantee protection, the automobile producer will change out any damaged parts and/or repair any damaged areas as a result of manufacturing irregularities, faulty components, and faulty craftsmanship with relatively no charge to you as the car owner. The service warranty ensures the vehicle will be brought back to great operating condition.
Drivetrain Warranty: A drivetrain service warranty covers the parts, parts, and systems which move or “drive” the motor vehicle forward. A drivetrain warranty is also another term for a powertrain service warranty and might cover comparable components depending on the automaker’s descriptions and warranty terms.
Roadside Warranty: A roadside service warranty helps you when you are stranded or breakdown on the road. This warranty for the Toyota Corolla S consists of standard support services like towing, flat tire fixing or replacement, dead battery assistance and jumpstarts, lockout help, fluid and fuel transport and delivery, and other comparable services. A roadside warranty is similar to roadside assistance, however it is provided with the new vehicle from the automaker and not an add-on item through insurance or a vehicle service plan (VSP).
Rust & Corrosion Warranty: A rust and corrosion warranty can help protect the frame, materials, and body of the vehicle. Automakers include this anti-rust warranty with new vehicles to help repair damage due to caustic liquids, chemicals, and materials. While car bodies are developed using materials which have corrosion-resistance like aluminum, carbon, plastic, and magnesium, the body panels can still rust. For example, sizable quantities of road deicers like salt or sodium chloride, calcium chloride, magnesium chloride, and related compounds and elements can trigger a car or truck’s body to rust. Other corrosive liquids like bleach and acid, can trigger rust if sprayed on a car’s 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 S Manufacturer Features
In order to interest a wider market of consumers who are interested in the 2007 Toyota Corolla S, a few different trim levels are provided. Many motor vehicle manufacturers feature various choices for their automobiles. This includes Toyota Motor Corporation who makes the Corolla model. These alternatives can feature details like various paint shades, wheel dimensions, or bundles that include aspects like a sunroof or gps system. Providing these choices allows manufacturers to appeal to different kinds of shoppers and also helps them to move larger volumes of vehicles.
These choices enable customers to select a car which meets their requirements plus can include different features that they may desire in their automobile. Some car producers might provide things like a selection of different engines, trim lines, and sport packages to select from, while others might provide different exterior colors or interior trim levels or colors. The alternatives that are offered are going to vary across automakers, makes, and models, so do your research when you are shopping for a car with particular traits like heated seats or 3rd occupant seating.
By making the effort to look into the different alternatives that are out there for vehicles, you, as the customer, can ensure that you are getting precisely what you want in your new car. This sedan by Corolla comes equipped from the vehicle maker with a number of standard configurations and options. They consist of options like the MacPherson strut front suspension, front independent suspension, torsion beam rear suspension, front and rear stabilizer bar,4-way manual passenger seat adjustment, 6-way manual driver seat adjustments, bucket front seats, cloth, height adjustable driver seat,split-folding rear seatback,power door locks, heated mirrors, power mirrors,clock, external temperature display, low fuel level warning, tachometer,front and rear cupholders, front door pockets, remote trunk release, speed-proportional power steering, tilt-adjustable steering wheel,front reading lights, interior air filtration, leather steering wheel, leather trim on shift knob, trunk light, air conditioning, dual vanity mirrors,6 total speakers, telescoping antenna, AM/FM stereo,rear defogger, intermittent wipers,full wheel covers, inside mounted spare tire, steel wheels, temporary spare tire, 15 x 6 inch wheels, all season tires, P195/65R S tires, steel spare wheel,2 front headrests, 3 rear headrests, child seat anchors, daytime running lights, dusk sensing headlamps, engine immobilizer, front fog/driving lights, front seatbelt pretensioners, emergency interior trunk release, rear center 3-point belt, rear door child safety locks, rear height adjustable headrests, ventilated front disc/rear drum brakes, and other common features.
Toyota Corolla Frequently Asked Questions
Have concerns about the Toyota Corolla S? Here are some answers to commonly asked FAQs. It is essential to do your homework on the vehicle and research the specific details. Check out the specifications and be aware of how your car payment on a motor vehicle can impact your finances. These FAQs can help you begin to understand the capabilities of the vehicle along with MPGs, weight, horsepower, and engine capabilities.
What is a Toyota Corolla S?
The Toyota Corolla is a vehicle line produced by Toyota Motor Corporation. The S is a specific package of the Toyota Corolla lineup. The vehicle is categorized as a compact car.
How much does a Toyota Corolla S cost?
The Toyota Corolla S costs around $15,350.
What is the car payment to buy a Toyota Corolla S?
The monthly car payment on a Toyota Corolla S 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 S also need to be considered. Since the MSRP is $15,350, the average car payment for a new Corolla could be around $222.49. 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 S?
You may be able to lease a Toyota Corolla S through an auto loan lender or financial institution.
Can I refinance my Toyota Corolla S?
You may be able to refinance your Toyota Corolla S 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 S?
Try searching car dealers like Carvana for a Toyota Corolla S. 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 S go on a single tank of gas?
The Toyota Corolla S 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 S?
The Toyota Corolla with the S 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 126HP.
What kind of engine does a Toyota Corolla S have?
The Toyota Corolla S comes with a 1.8L 4-cylinder 5-speed manual engine.
What type of drivetrain does a Toyota Corolla S have?
The Toyota Corolla S features a front wheel drive drivetrain.
What kind of transmission does a Toyota Corolla come with?
The Toyota Corolla S comes with a 5-speed manual transmission.
Where is the Toyota Corolla made?
The Toyota Corolla S 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 S?
The Toyota Motor Corporation is the auto manufacturer which produces the Toyota Corolla S.
How much does a Toyota Corolla weigh?
The Toyota Corolla S has a gross vehicle weight of pounds and a curb weight of 2,550 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Toyota Corolla come with?
The Toyota Corolla S 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.
