2014 Toyota Corolla Priced from $16,800

2014 Toyota Corolla Priced from $16,800

Promising that the world’s best selling compact sedan will, “remain a legendary value in the segment” Toyota has announced the all-new 11th generation Corolla will be priced from $16,800 – plus an $810 destination fee.

An increase of $570 over last year’s entry model the Corolla L comes equipped with a six-speed manual transmission, LED headlights with LED daytime running lights, Bluetooth and eight airbags.

The Corolla L model with a 4-speed automatic transmission will cost $17,400.

VIDEO: 2014 Toyota Corolla First Drive

Additional models include an LE trim, as well as an S trim and an all-new Eco trim. LE models start at $18,300 a modest $120 increase over last year. Standard equipment includes climate control, cruise control, keyless entry, a backup monitor and Toyota’s Entune audio system with a 6.1-inch touchscreen. All LE models also come equipped with a new CVT transmission to improve fuel economy.

For 2014 the Corolla S will cost $60 less than the outgoing model, priced at $19,000 and includes custom bodywork, a sport gauge cluster, paddle shifters with the CVT transmission, sports seats, a leather steering wheel, piano black interior trim and unique suspension tuning when equipped with the optional 17-inch wheels.

Finally, the LE Eco trim, capable of up to 42 mpg on the highway, is priced from $18,700.

All models but the LE Eco will make use of a 1.8-liter 4-cylinder engine with 132 hp. The LE Eco gains a more efficient 1.8-liter with 140 hp that will earn 30 mpg city and 40 mpg highway, or as high as 42 mpg with the base 15-inch wheels.

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