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Most car shoppers know that Toyota’s cars are list-topping regarding dependability, reliability, and sensibility. Even with the automaker’s library of popular SUVs, trucks, and the Sienna minivan, the marque’s four-door sedans and hatchbacks deliver. In fact, the cheapest cars in Toyota’s 2023 lineup, the Corolla, Camry, and Prius, are high-value vehicles with hybrid options. 

What is the cheapest car from Toyota?

Toyota’s cheapest car is its Corolla sedan. Specifically, the 2023 Toyota Corolla starts at around $21,550 for the LE trim. 

A white 2023 Toyota Corolla Hybrid car shows off its side profile.
2023 Toyota Corolla | Toyota

Along with the Corolla, Toyota produces a Corolla Cross and a Corolla Hatchback. Moreover, the Corolla Hatchback adds the liftback convenience of a five-door hatchback to the Corolla sedan. Specifically, the hatchback model offers around 17.8 cubic feet of cargo capacity, 4.7 more than its sedan sibling. Of course, the liftback Corolla variant has a higher starting point, namely $23,005. 

Better yet, the 2023 Toyota Corolla is considerably more affordable than rival cars, like the Honda Civic. The Civic starts at $25,050 for the Sport trim. 

What are the Toyota Corolla trim levels?

The 2023 Toyota Corolla offers seven trims between its gas-powered and hybridized options:

  • LE- $21,550
  • Hybrid LE- $22,800
  • SE- $23,990
  • Hybrid SE- $25,240
  • Hybrid SE Infrared- $25,775
  • Hybrid XLE- $26,600
  • XSE- $26,700

In addition to the LE, the SE and XSE add posher components like heated front seats. Still, fans who want more fuel economy from Toyota’s cheapest car model will have to opt for one of the hybrid trims, like the Hybrid LE. 

Which is cheaper, the Toyota Camry or Corolla?

The Toyota Corolla is cheaper than the Camry, the automaker’s midsize sedan option. Specifically, the 2023 Toyota Camry starts at around $26,220 for the entry-level LE trim, about $4,670 more than its smaller sibling car.  

Like the smaller Corolla, Toyota touts the Camry for its many gas and hybrid trims:

  • LE- $26,220
  • SE- $27,760
  • LE Hybrid- $28,355
  • SE Nightshade- $28,760
  • SE Hybrid- $29,890
  • SE Hybrid Nightshade- $30,890
  • XLE- $30,970
  • XSE- $31,520
  • XLE Hybrid- $33,245
  • TRD- $33,285
  • XSE Hybrid- $33,795
  • XLE V6- $36,645
  • XSE V6- $36,645
A silver Toyota Camry drives down a city street.
Toyota Camry | Toyota

Still, the hybrid trims promise to save potential owners money at the pump beyond the dealership. For instance, the 2023 Toyota Camry Hybrid LE gets around 51 mpg city and 53 mpg highway, according to TrueCar

Why is the Prius’ MPG so high?

The 2023 Toyota Prius might get a power bump, but it doesn’t lose any of the fuel economy that fans expect. For instance, the automaker says the new Prius LE gets as much as 57 mpg estimated. 

Still, with nearly 60 combined mpg, the 2023 Toyota Prius is a hybrid bargain in the Toyota’s lineup of new cars. Specifically, the LE is the cheapest car in the Prius lineup, starting at around $27,450. 

A blue Toyota Prius cruises the countryside on a one-car road.
2023 Toyota Prius | Toyota

Which of Toyota’s cheapest new cars is right for you?

The 2023 Toyota Corolla is the automaker’s cheapest new car, and its versatility ticks many boxes. Moreover, with available all-wheel drive (AWD) for 2023, the Corolla is a solid option for drivers in challenging climates. 

Still, potential owners who want the most fuel-efficient option will have to consider the Prius. What do you think of Toyota’s cheapest new cars? Would you choose one over an SUV? Tell us in the comments below!


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