Goodbye Boring!! Say Hello To The 2023 Toyota Corolla (2023)

The Toyota Corolla is an extremely important model for the Japanese automaker, and over its 50+ year history, the budget-friendly sedan has managed to become the best-selling car in the world. That’s quite a commendable feat and for good reason.

The 2023 Corolla blends more power and efficiency along with style, which hasn’t always been its biggest trait. Aside from the upgraded power and styling updates, here's what makes this latest Corolla a fantastic all-rounder and a staple for the shrinking compact sedan class.

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2023 Toyota Corolla Sedan

8.50 / 10

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(Video) "Refreshed" 2023 Corolla SE is THE ONE to Buy!
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Key Features

  • More Power
  • Available Hybrid
  • Great Gas Mileage
  • Roomy Interior
  • Modern Style
  • Great Visibility

Specifications

  • Model: Corolla
  • Engine:: 1.8 or 2.0-liter
  • Power Output: 138 - 169 HP
  • Torque: 105 - 151 Pound Feet
  • Range: 409 Miles
  • Transmission: CVT
  • Driveline: FWD or AWD

Pros

  • Standard 2.0-liter engine
  • Wireless Apple CarPlay and Android Auto
  • Toyota Safety Sense 3.0

Cons

  • Somewhat Funky Styling on SE And XSE Trims
  • Somewhat Pokey Hybrid
  • No Dual-Zone Climate Control

2023 Toyota Corolla Performance And Capabilities

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2023 Toyota Corolla front 3/4 action shot

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Toyota Corolla models have never really been known for power or excitement, except for the 1980s FX16 Corolla, however, for this generation, power is at the forefront. As part of the Toyota Dynamic Force Engine Family, there’s more power than older models with an all-new 2.0-liter engine that produces 169 horsepower and 151 pound-feet of torque. That means in this model, you get an extremely high compression ratio, extremely high thermal efficiency, and more power thanks to many advanced technologies.

VVT-iE is present in this engine and uses an electric motor to drive the VVT system on the intake camshaft. There are also eight fuel injectors on this four-cylinder engine, two for each cylinder. Why? There’s the common fuel injection system called multi-port, but there’s also direct injection, which is where the fuel is sprayed directly into the cylinder instead of over the valves. This in turn creates more power when it’s needed, and greater efficiency when it’s not. This is what Toyota calls D4-S. The end result is an EPA-estimated 32 city / 41 highway and 35 combined MPG.

The transmission in the Corolla Sedan is a CVT, which is very common among vehicles in this class. The CVT in the car works well and there’s virtually no lag or “rubber band” feeling. AISIN, the transmission manufacturer and designer for Toyota knows how to do CVTs extremely well. And unlike many other CVT transmissions from Japan, like models from JATCO, AISIN has virtually no history of failure or problems. We expect this transmission to live up to the Corolla's expectation of reliability. Gone is the archaic four-speed automatic transmission that the Corolla has employed since the 1980s.

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2023 Toyota Corolla engine

Also, for the first time in the U.S., the Corolla is also available as a hybrid. The hybrid version packs the older 1.8-liter engine from the previous generation Prius, putting out 138 horsepower and 105 pound-feet of torque. This powertrain is extremely efficient offering an estimated 47 City / 41 Highway and 44 combined MPG.

While it’s not as powerful or quick as the gas engine, the efficiency is to die for. One thing that we like about the hybrid Corolla is the optional all-wheel drive. We recommend this model if you live in inclement weather states. If you don’t live in a state with bad weather, stick with the front-wheel drive gasoline model. We think this is a better choice considering the power and performance upgrades.

2023 Toyota Corolla Specs

Engine Type

1.8 or 2.0-Liter

Horsepower

138 - 169 HP

0-60

8.0 - 10.0 seconds

Drive

FWD or AWD

Range

409 Miles

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Exterior Styling

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2023 Toyota Corolla front 3/4 shot

Corolla models have been known for decades as being “boring.” With a few exceptions, again like the FX16 from the 1980s. Aside from that, there’s never really been much in terms of design in Corolla models. That’s simply not the case anymore. The Corolla is now a good-looking car!

Starting at the front, depending on the trim, you either get a standard-looking front end or a very sporty and aggressive front end. On the LE and XLE trim, a large black grille with some slats in it dominates the front end. Huge headlights like those on the Corolla Hatchback are present, and they’re an LED design, which is a nice premium touch. If you opt for the SE or XSE trim, you get a much more aggressive front end, and that regular grille with slats is replaced by a mesh-type grille. The emblem is moved up closer to the hood, and the lower part of the bumper gets integrated accent lights and more mesh.

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On the side of the car, it’s a little plain, however, that’s to be expected, as this is an economy car after all. Windows are large, a typical Toyota trait, and the mirrors are large as well, something not always found on vehicles in this class. There’s a strong body line from front to back on the car, which does add some style to the doors.

We also like the small window in the front of the driver's and passenger's doors, this helps improve visibility and helps reduce blind spots. Back-seat passengers also have a good view thanks to a large third window. Starting at 16 inches, there’s a wheel style for everyone in this generation. Wheels range from steel wheels with plastic covers to very attractive 18-inch graphite alloy wheels on the XSE grade.

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A rear 3/4 shot of a Toyota Corolla

In the rear, things don’t get too crazy, however, they aren’t boring either. The tail lamps are large, and we like the trim piece connecting the two lights across the deck lid. LED taillights are also standard, which is rare in this class. Depending on the trim, the SE and XSE models get a huge diffuser-style bumper which we think is a little overkill, but it does add aggression. XSE and SE trims get dual-exhaust tips… which older models would’ve never dreamed of.

Overall, we dig the design of the Corolla. Surprisingly, we prefer the LE and XLE models over the sporty grades. The sporty grades look a little forced to us, while the LE and XLE grades look cohesive and well-thought-out. No matter which grade you go with, you’re getting a stylish vehicle that will look good for years to come.

Exterior Colors

Ruby Flare Pearl

$425

Midnight Black Metallic

Included

Ice Cap

Included

Classic Silver Metallic

Included

Celestite

Included

Wind Chill Pearl

$425

Blueprint

Included

Underground

Included

Exterior Dimensions

Length

182.5 Inches

Width

70.1 Inches

Height

56.5 Inches

Wheelbase

106.3 Inches

Weight

2,955 - 3,150 Pounds

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Interior Quality And Technology

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2023 Toyota Corolla dashboard

Past Corolla models were known for cheap interiors as they were entry-level cars. However, this simply isn’t the case anymore. This car has a surprisingly nice interior. The steering wheel is essentially the same wheel from the Camry and RAV4, which we think looks great here. There’s even a digital gauge cluster available… who would’ve guessed on a Corolla?!

The center 8.0-inch screen offers wireless Apple CarPlay and Android Auto, which is very rare for this class to have a wireless connection. One thing we wish the car offered was dual-zone climate control. While it does have automatic climate control, it’s only a single zone. Odd, because the Corolla Hatchback has a dual-zone system.

The seats are large and comfy, and a moon roof is available. Room is plentiful in the Corolla, which has always been a strong suit. The rear seats are large, and three adults can fit back there. We also like the Softex-trimmed seats on higher trims. While it’s not real leather, it feels very convincing and soft.

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2023 Toyota Corolla rear seats

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One last thing we want to touch on in the Corolla is the huge uptick in the quality of materials. We can’t stress that enough. In the past, these cars were okay, but they were definitely on the cheaper side. This car feels more like a Camry than a Corolla, and we think that it’s one of the best-laid interiors in the class. If you haven’t sat in a Corolla in a while, you’ll be surprised to sit in this generation, especially in higher trims.

Interior Dimensions

Headroom

38.3 - 37.1 Inches

Legroom

42.0 - 34.8 Inches

Cargo Volume

13.1 Cubic Feet

Seating Room

5

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2023 Toyota Corolla Price

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2023 Toyota Corolla models

The base model 2023 Toyota Corolla starts at $21,550 with a standard delivery fee of $1,095. We recommend the XSE trim or the XLE Hybrid trim for the most features and amenities. The XSE trim starts at a very reasonable $26,700 and the XLE Hybrid actually starts even cheaper at $26,600. If you’re looking for a Camry-like experience for a Corolla price, stick with those two trims. AWD on the hybrid trims adds $1,400.

Build your 2023 Toyota Corolla.

2023 Toyota Corolla Price

LE

$21,550

Hybrid LE

$22,800

SE

$23,990

XSE

$26,700

Hybrid SE

$25,240

Hybrid XLE

$26,600

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Safety

The Corolla is an extremely safe car. Toyota Safety Sense 3.0 is standard on all trims. That system includes pedestrian detection, automatic braking, full-speed radar cruise control, lane departure with steering assist, lane trace assist, and road sign assist. Blind-spot monitoring is optional and comes highly recommended as the Corolla does have a large blind spot behind the driver. As you’d expect, ABS, stability control, traction control, brake assist, and TPMS are standard. NHTSA gives the 2023 Corolla Sedan a 5/5-star rating overall.

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Main Competition

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A static shot of a pair of Hyundai Elantra N's

The Corolla competes in a crowded segment of vehicles. The Nissan Sentra, Volkswagen Jetta, Kia Forte, Hyundai Elantra, and Honda Civic are just a few that come to mind. But one thing we really appreciate about the Corolla is the fact that it feels old school in the way it’s engineered. You know this car is going to last a very long time with very few problems, and that’s a wild card.

We’re also quite fond of the Corolla’s interior. While it’s not the most stylish, it’s very functional and practical, and that’s something we really appreciate. We have no doubt that Toyota will continue to thrive in this segment with this Corolla and the 2023 model is a fantastic car for those who want a reliable and modern approach to a compact sedan.

FAQ

Q: Is the Corolla a hybrid?

There's a hybrid model offered that's based on the Toyota Prius power plant.

Q: Is the Corolla turbocharged?

No, instead of a turbo, Toyota gives you a bigger engine.

Q: Is there a premium stereo offered?

Yes, the Corolla offers a JBL stereo.

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Q: How safe is the Corolla?

The Corolla earns a perfect overall score from NHTSA.

Q: Is the Corolla fast?

It's about average for the class. Expect 0-60 times between eight and ten seconds.

Q: Is the Corolla a CVT?

Yes, a CVT is the only transmission offered on the sedan model.

FAQs

What will the 2023 Corolla look like? ›

On 2023 Corolla Sedans, new front fascia styling varies across grades, and all receive LED daytime running lights (DRL). The LE in addition adds an updated rear bumper design, while the sporty SE and XSE feature new 18-inch Gloss Graphite-colored alloy wheels.

Will there be a 2023 Toyota Corolla? ›

The 2023 Toyota Corolla sedan starts at $21,550 for the base LE trim, $23,950 for the SE model, and $26,700 for the top XSE trim. A $1,095 destination fee applies to all Corolla models.

Which is better Camry or Corolla? ›

The 2022 Toyota Camry is 9.8-inches longer, 2.3-inches wider, and 0.4-inches taller than the 2022 Toyota Corolla. The Camry also has an extra 11.3 cubic feet of passenger volume and 2.1 cubic feet more cargo volume than a Corolla.

What colors does the 2023 GR Corolla come in? ›

Even all-in, the GR Corolla Core runs a still reasonable $39,375. Just three paint colors are offered: Black, Ice Cap, and Supersonic Red.

What car is better Honda Civic or Toyota Corolla? ›

The new 2022 Honda Civic offers more passenger room and cargo space than the Toyota Corolla. The Honda Civic also has a bigger engine than the Toyota Corolla and produces more horsepower. The bigger, more powerful engine in the Honda Civic also gets better EPA-estimated fuel economy than the Toyota Corolla.

What is different about the 2023 Toyota Corolla? ›

With refreshed exterior styling on the 2023 Toyota Corolla, there's a clear difference from the outgoing 2022 model year. 18-inch wheels have been added to the SE and XSE models, along with a rear diffuser. LED daytime driving lights and redesigned headlights are new for 2023 on the SE, XSE, and XLE models.

What month do 2023 Toyotas come out? ›

Expect the first 2023 Toyota RAV4, 2023 RAV4 Hybrid, and 2023 RAV4 Prime vehicles to begin shipping to dealerships across the country sometime around November.

What new Toyotas are coming 2023? ›

Here's what's new at Toyota for the 2023 model year, including the GR Corolla hot hatch, the Crown sedan, and a new Sequoia SUV. Toyota's most highly anticipated 2023 vehicles include two enthusiast specials: a manual-transmission GR Supra and the GR Corolla.

Can a Corolla last 30 years? ›

If you're considering a Toyota Corolla, you may be wondering, “How long do Toyota Corollas last?” With regular service and maintenance, the Toyota Corolla has a life expectancy of up to 10 years or 300,000 miles. Assuming you take good care of your new Corolla, you could have it for well over a decade.

Which model of Toyota is best? ›

These Are Toyota's 12 Top-Rated Models

In fact, for the fourth year in a row, U.S. News named the Avalon the 2022 Best Large Car for Families for 2022 and the 2022 Best Large Car for the Money. We declared the 2022 Toyota Highlander Hybrid the Best Hybrid SUV and Electric SUV for Families in 2022.

How long will a Corolla last? ›

Whether you have a Toyota Corolla lease or you own it, drivers who follow the recommended maintenance schedule can expect their new Toyota Corolla's life expectancy to reach up to 10 years or 300,000 miles – or more!

Is Toyota Corolla worth buying? ›

According to Repair Pal, the Toyota Corolla stacks up quite well against other vehicles in the same class. In fact, it ranked number one in terms of reliability when compared to 35 other compact cars. One of the most obvious indicators of the Corolla's reliability is its cheap repairs.

How much will a 2023 Corolla GR cost? ›

Starting at $36,995

Highs Fiery turbo three, customizable all-wheel-drive system, tenacious cornering grip. Lows Closer pedal placement would be nice, must keep the revs up to unlock max power, only built in limited quantities.

Will the 2023 Corolla gr come to the USA? ›

GR Corolla Core grade will arrive at dealership lots in the Fall of 2022. The MORIZO Edition will arrive in Winter 2023 and Circuit Edition will arrive in Spring 2023.

When did Corolla 2023 come out? ›

Toyota Boosts 2023 Corolla with Four New Hybrid Models, AWD, New Multimedia and Safety Tech, and Freshened Styling. TORONTO, Ontario – June 1st, 2022 - The Toyota Corolla rolls into 2023 a changed car, and customers are bound to love what they see and drive.

Which car lasts longer Toyota or Honda? ›

The Toyota vehicles also consistently last longer than any Honda. According to statistics based on consumer reports, Toyota is the second most reliable automaker after Mazda, and Corolla is the most reliable model.

Is it better to buy a Toyota or Honda? ›

Toyota typically wins in reliability while Honda has stronger safety ratings according to Automotive News. Toyota and Honda often rank high in the annual Consumer Reports' Auto Reliability Survey, beating out other automakers such as Mazda, Ford, and Chevrolet.

Why do people prefer Honda or Toyota? ›

Technically both, but they focus on different things. If you're looking for a reliable vehicle that will last you a long time, go for Toyota. If you're looking for a ride that puts its cargo space and road handling first and foremost, aim for the Honda. Either way, you'll find great car models from which to choose.

What changes in 2023 Toyota Corolla? ›

All 2023 Corolla models upgrade to new Toyota Safety Sense 3.0 with new Proactive Driving Assist, including Obstacle Anticipation Assist and Deceleration Assist. The SE grade joins the XSE in featuring standard Smart Key, while both grades add enhanced Sport driving mode tuning and red interior accents replacing blue.

Is the Corolla still the best selling car? ›

The Toyota Corolla was the best-selling car model in 2021, topping 1.1 million sales. It was followed closely by another Toyota model, the RAV4.
...
Best-selling passenger car worldwide in 2021 (in million units)
CharacteristicNumber of sales in million
Toyota Corolla1.1
Toyota RAV41
Ford F-Series0.86
Honda CR-V0.73
6 more rows
Jun 2, 2022

What is the most popular Toyota Corolla? ›

The Corolla sedan is by far the most popular in the lineup and one that you're likely used to seeing on the road.

Will 2023 be a better time to buy a new car? ›

Key points. If your car is reaching the end of its lifespan, you may consider buying a new vehicle in 2023. Chip shortages, less inventory, and rising interest rates have resulted in drivers spending more money on new cars.

Will cars get cheaper 2023? ›

As new-car production improves, demand for used cars will ease up and prices will continue to fall in the new year. The firm estimates that used-car prices will drop 10%-20% in 2023; new cars, on the other hand, are predicted to see a modest decrease of just 2.5%-5%.

When can I buy a 2023 Toyota? ›

The third-generation all-new 2023 Sequoia is projected to hit showrooms in the summer of 2022. All 2023 Sequoia's feature the powerful twin-turbo V6 hybrid i-Force Max powertrain which will produce 437 horsepower and 583 lb-ft of torque.

What is the cheapest Toyota car for 2023? ›

With a starting price of $21,500 MSRP for the Sedan and $22,965 for the Hatchback, the 2023 Toyota Corolla is the cheapest new Toyota car in the United States.

Is a new Corolla coming? ›

The 2023 Toyota Corolla is now on sale in Japan, across hatchback (known as the 'Sport'), sedan and 'Touring' wagon body styles. Toyota Australia has previously confirmed the updated Corolla for local showrooms in the second half of this year, in carry-over hatch and sedan body styles.

When can I buy 2023 cars? ›

The end of the year — October through December — can be a good time to do your car shopping, as well. October is when new vehicle models head to showroom floors and dealers want to unload existing inventory, while November latches on to Black Friday deals, including autos.

What is the highest mileage for a Toyota Corolla? ›

As one of the most reliable sedans on the Irving market, the Toyota Corolla is not only known for its compact design and superior driveability, but it also has one of the longest vehicle lifetimes. When you adhere to Corolla's recommended maintenance schedule, you can expect it to last for 300,000 miles or more!

Which car lasts the longest? ›

Topping that list is the Toyota Sequoia, which has a potential lifespan of 296,509 miles, according to a new study from iSeeCars.com. The automotive research website analyzed more than 2 million cars to determine which last longest and found that 20 models are able to endure for more than 200,000 miles.

How many miles can a Toyota Corolla go on a full tank? ›

How Far Can the Toyota Corolla Go On a Tank of Gas? The 2022 Corolla has a 435-mile max fuel range with a single tank of fuel.

What is the #1 selling Toyota? ›

The top selling Toyotas are the Toyota Tacoma, Corolla, Highlander, Camry, and the RAV4. Two cars, two SUVs, and a pickup have placed highly on both Toyota's own list of top selling vehicles, as well as the overall list of vehicles sold in North America in 2022.

Which Toyota model has the highest resale value? ›

2022 Toyota Tundra

This year's Toyota Tundra is starting the list, which Kelley Blue Book named No. 1 in its Best Resale Value Top 10 list this year. Its predicted resale value is 70.8% five years after purchase.

Why Toyota Corolla is the best? ›

Positive Consumer Perception And Powerful Brand Awareness. For years, Toyota has dominated in brand perception, with American buyers associating the car with high quality, affordability, and comfort. Customers appreciate the Corolla because it is a stylish, safe, and reliable vehicle despite its low price point.

What are Toyota Corolla problems? ›

By far the most common Toyota Corolla problem reported revolves around its braking system. These issues are so apparent that the Corolla has had two separate breaking-related recalls since 2000. The most frequently reported issues were premature brake failure, grinding sound from brakes, and brakes squeaking.

How long can a Toyota Corolla go without an oil change? ›

The Toyota handbook that came with your Corolla can give you a recommended oil change schedule, which is about every 6 months or 5,000 miles. That being said, many drivers opt to change their oil more frequently, instead bringing them in every 3 months or 3,000 miles.

Why do Toyotas last so long? ›

Toyota vehicles have exceptional longevity and some of the most reliable engines in the industry. This is due to the company's meticulous approach to design and production. The quality management systems ensure any defects are detected and eliminated before the vehicle is sold to the customer.

Which is better 2022 Corolla or Camry? ›

The 2022 Toyota Camry costs more than the Corolla because its a midsize sedan and the Corolla is a compact sedan. The 2022 Camry comes standard with a more powerful base engine, and it offers an even more powerful V6, too. The 2022 Corolla, however, is more fuel-efficient.

Why did Toyota stop Corolla? ›

Toyota Corolla competition

The Corolla had been posting low sales for a while. Even though at first it only had the Skoda Octavia in its competition it did not get good sales. But after the new-gen Honda Civic had been finally launched here, the sales of the Corolla again took a huge hit.

What is the gas mileage for a 2023 GR Corolla? ›

Compare Side-by-Side
2023 Toyota GR Corolla
EPA Fuel EconomyPremium Gasoline
24 MPG 21 28 combined city/highway city highway
4.2 gal/100mi
317 miles Total Range
7 more rows

What is the gas mileage of a Toyota GR Corolla? ›

It also employs both port and direct fuel injection, a system Toyota calls D-4S, to maximize power and fuel economy, though it's not very efficient given its size, earning the GR Corolla estimated fuel economy ratings of 21 mpg city, 28 highway, 24 combined.

What engine does the 2023 GR Corolla have? ›

1.6L 3-Cylinder Turbocharged Engine

Pumping out 300 horsepower with 273 lb.-ft. of torque, * this light and compact turbocharged engine is ready to kick in the adrenaline with every step of the pedal. Circuit Edition interior shown in Black Brin Naub® suede and synthetic leather with red accent trim. Prototype shown.

Will there be a 2024 GR Corolla? ›

Toyota's press materials is described the 2023 Toyota GR.

How much is the Corolla GR going to cost? ›

Toyota has announced pricing for the 2023 GR Corolla hot hatchback. It starts at $36,995 for the base Core model, $43,995 for the Circuit, and $50,995 for the Morizo Edition. The Core will go on sale later this year, while the Circuit and Morizo won't arrive until next year.

What is the 1 4 mile on a 2023 GR Corolla? ›

According to Toyota, the fiery Corolla cracks the 0-60-mph mark in 4.99 seconds. In MotorTrend testing, though, the GR Corolla needs 5.4 seconds to hit 60 mph on its way to a 13.7-second quarter mile at 101.2 mph.

Will there be a 2023 Corolla? ›

Toyota makes significant trim-level and powertrain changes to the Corolla for 2023. Corolla Hybrid models gain SE and XLE trim levels, while all-wheel drive is now optional for Hybrid SE and LE trims.

Where are the 2023 Toyota Corollas made? ›

Corollas are manufactured in Japan at the original Takaoka plant built in 1966.

What new Toyota is coming in 2023? ›

Here's what's new at Toyota for the 2023 model year, including the GR Corolla hot hatch, the Crown sedan, and a new Sequoia SUV. Toyota's most highly anticipated 2023 vehicles include two enthusiast specials: a manual-transmission GR Supra and the GR Corolla.

Is there a new Toyota Corolla coming out? ›

The GR Corolla will be a new addition to the Toyota lineup for 2023 and will go up against popular sport compacts such as the Honda Civic Si, Hyundai Veloster N, and the Volkswagen Golf GTI and Jetta GLI.

Are 2023 Toyotas out yet? ›

The Next Big Thing: New 2023 Toyota Sequoia

The third-generation all-new 2023 Sequoia is projected to hit showrooms in the summer of 2022. All 2023 Sequoia's feature the powerful twin-turbo V6 hybrid i-Force Max powertrain which will produce 437 horsepower and 583 lb-ft of torque.

What cars are returning in 2023? ›

Looking Ahead: 10 New Cars Coming In 2023
  • Alfa Romeo Tonale.
  • Dodge Hornet.
  • BMW XM.
  • Hyundai Ioniq 6.
  • Mercedes-Benz EQS SUV.
  • Polestar 3.
  • Toyota Crown.
Dec 30, 2022

Are they selling 2023 cars? ›

If you're looking to buy a 2023-model-year vehicle, you may not have to wait around for long. That's because we're already seeing a handful of 2023 cars, trucks, and SUVs hit the market this spring. However, 2023 release dates can greatly vary by make and model.

What cars are coming out in 2024? ›

  • 2024 Rolls-Royce Spectre. 2024 Cadillac Celestiq. 2024 Mercedes-AMG EQE53 SUV. 2023 Mercedes-Benz EQE SUV.
  • 2023 VinFast VF8. 2024 Chevrolet Trax. 2024 Polestar 3. 2023 BMW M2.
  • 2024 Honda Prologue. 2024 Maserati GranTurismo Folgore. 2024 Maserati GranTurismo. 2023 Ford Super Duty.

How many miles will a Toyota Corolla last? ›

Whether you have a Toyota Corolla lease or you own it, drivers who follow the recommended maintenance schedule can expect their new Toyota Corolla's life expectancy to reach up to 10 years or 300,000 miles – or more!

Is it worth it to buy a Toyota Corolla? ›

According to Repair Pal, the Toyota Corolla stacks up quite well against other vehicles in the same class. In fact, it ranked number one in terms of reliability when compared to 35 other compact cars. One of the most obvious indicators of the Corolla's reliability is its cheap repairs.

How long will Toyota car shortage last? ›

The issues causing the shortage aren't going away any time soon. Current word is that it will be at least 2 to 3 years before things return to 'normal'.

Why is there a shortage of new Toyotas? ›

Toyota's cutting production in October due to the chip shortage. Initially it would be 800,000 vehicles, now its down to 750,000.

Are new Toyotas in short supply? ›

Toyota's executive vice president of sales, Jack Hollis, told the Automotive Press Association on Thursday that he does not expect the supply shortage to ease up until late 2023. "We're going to be dealing with this for one more year. I do not believe we're going to see growing dealer stock for one more year.

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