Toyota Corolla running costs
|Insurance group||Warranty||Service interval||2020/21 company-car tax cost (20%/40%)|
|15-21||5yrs / 100,000 miles||1yr / 10,000 miles||From £959 / £1,919|
As an efficient hybrid, the Toyota Corolla should be fairly affordable to run, service and insure, and its low CO2 emissions are good news on the company-car tax front.
Depending on your annual mileage, it stacks up well next to a conventional petrol or diesel hatchback, but it can't compete with the even lower running costs of plug-in hybrid or pure-electric cars.
Toyota Corolla insurance group
UK insurance ratings for the latest Corolla run from 15 (for the entry-level 1.8-litre model) to 21 (for the range-topping 2.0-litre in Excel specification).
Like all new Toyotas sold in the UK, the Corolla comes with a five-year/100,000-mile manufacturer warranty, which is among the best on the market. Hyundai's five-year warranty has no mileage limit, while Kia also limits you to 100,000 miles, but over seven years instead of Toyota's five.
Exact servicing costs for the Corolla aren't yet available, but costs for the outgoing Auris should give an indication of what to expect. From least to most comprehensive, Toyota's services are Intermediate (£185), Full (£335) or Full Plus (£395).
Like all hybrids, the Corolla will cost owners £135 a year to tax – a £10 annual discount compared to a purely petrol or diesel-engined car.