2023 Toyota GR Corolla Pricing Starts From $36,995; Morizo Edition Costs $50,995

The 300-horsepower hot hatch will begin arriving in dealerships this November.

Toyota early Tuesday revealed the pricing for its upcoming hot hatch, the 2023 GR Corolla. The latest member of the Gazoo Racing family will come in three grades, starting with the Core trim, which will list for $36,995 including the $1,095 destination charge.

The Core model—in fact, all three GR Corolla trims—comes equipped with the G16-GTS engine, a 1.6-liter three-cylinder engine pulled from the GR Yaris sold elsewhere. Toyota’s team of engineers has pushed the little three-pot even further for duty in the larger Corolla, however, with it now pushing out an even 300 horsepower. Torque plateaus at 273 pound-feet, available from 3,000 to 5,500 rpm. The power heads through a standard six-speed manual transmission and an all-wheel drive system (with driver-selectable torque splits).

The next trim is the Circuit model, a launch-year exclusive coming in at $43,995. It brings in an upgraded interior with faux-suede heated seats, Torsen limited-slip differentials on both axles, upgraded brakes. There are also a few styling tweaks, including a vented hood and forged carbon roof. The Core does offer a trio of packages to net most of these upgrades for itself: a $1,180 Performance package adds the diffs and brakes; $770 buys the upgraded JBL stereo and Qi charger; and a $500 Cold Weather package adds the heated seats and steering wheel.

Those wanting the ultimate GR Corolla will gravitate towards the limited-production Morizo Edition. This $50,995 model goes hard, with a rear-seat delete, stickier Michelin Pilot Sport Cup 2 tires, and extra boost, the latter lifting torque to 295 lb-ft. The Morizo also offers an available matte gray exterior color, exclusive to the trim. Toyota says this two-seat model is over 100 pounds lighter than the others.

For reference, these price points put the GR very slightly above the front-drive Hyundai Elantra N ($33,245) and Kona N ($35,495) to start. The mid-level Circuit edition hovers right around the starting price of the VW Golf R ($45,185), the other all-wheel drive hot hatch currently on the market. Honda’s Civic Type R took an off year for 2022, but the 2021 model went for $38,910, including destination. Honda just released more info on the 315-horsepower 2023 model last week, and we expect it to crack $40,000 when it touches down later this year.

Speaking of, the GR Corolla Core will begin arriving at dealerships this November. The Circuit and Morizo Edition models will show up next spring.

Discuss this story on our GR Corolla Forum.

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