Ownership cost

Used Toyota Corolla Hatchback 1997 - 2004 review

(1997 - 2004)
Toyota Corolla Hatchback (97 - 04)
Review continues below...

What used Toyota Corolla hatchback will I get for my budget?

How much does it cost to run a Toyota Corolla hatchback?

Like most Toyotas of this generation, the Corolla enjoys a reputation for being fairly easy on the pocket. For a start, insurance is very reasonable. The highest rating is admittedly group 11, but the base 1.3, 1.4, 1.6-litre petrol and the entry-level 2.0-litre diesel all have a group 5 insurance rating.

Fuel economy is reasonable right across the range, too, with the 2.0-litre D4-D returning an official 48mpg. With 20,000-mile service intervals, this engine doesn't need to see the inside of a garage too often.

Toyota dealers may not be quite as cheap to pay per hour as a Skoda franchise, but the Japanese company's hourly rate is on a par with Ford's, Vauxhall's and Peugeot's. However, setting servicing costs aside, average repair rates will work out more expensive for the Toyota driver if the car is involved in an accident.