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2023 Toyota Corolla Hybrid Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
2023 Corolla Hybrid - Trim: LE 4-Door Sedan. Powertrain: FWD, 1.8L, 4 CYL, Gas/Electric Powered, CVT
MSRP
$22,800
Invoice Price
$21,111
Destination Fee
$1,095
Holdback
$456
Dealer Cost
$21,750
Find the Best Price
2023 Corolla Hybrid - Trim: LE 4-Door Sedan. Powertrain: AWD, 1.8L, 4 CYL, Gas/Electric Powered, CVT
MSRP
$24,200
Invoice Price
$22,407
Destination Fee
$1,095
Holdback
$484
Dealer Cost
$23,018
Find the Best Price
2023 Corolla Hybrid - Trim: SE 4-Door Sedan. Powertrain: FWD, 1.8L, 4 CYL, Gas/Electric Powered, CVT
MSRP
$25,200
Invoice Price
$23,333
Destination Fee
$1,095
Holdback
$504
Dealer Cost
$23,924
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2023 Corolla Hybrid - Trim: SE 4-Door Sedan. Powertrain: AWD, 1.8L, 4 CYL, Gas/Electric Powered, CVT
MSRP
$26,600
Invoice Price
$24,629
Destination Fee
$1,095
Holdback
$532
Dealer Cost
$25,192
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2023 Corolla Hybrid - Trim: XLE 4-Door Sedan. Powertrain: FWD, 1.8L, 4 CYL, Gas/Electric Powered, CVT
MSRP
$26,600
Invoice Price
$24,629
Destination Fee
$1,095
Holdback
$532
Dealer Cost
$25,192
Find the Best Price
Price Tip:

To find the best possible price on a new Toyota Corolla Hybrid, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals,   Edmunds,   NADAguides,   Motortrend  &   CarsDirect
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Package Options
LE Premium Package
LE AWD$2,030
LE FWD$2,030
SE FWDNA
SE AWDNA
XLE FWDNA
LE Convenience Package
LE AWD$1,180
LE FWD$1,180
SE FWDNA
SE AWDNA
XLE FWDNA
SE Premium Package
LE AWDNA
LE FWDNA
SE FWD$1,220
SE AWD$1,220
XLE FWDNA
Exterior Paint Options
Special Color
LE AWD$425
LE FWD$425
SE FWD$425
SE AWD$425
XLE FWD$425
Audio Options
JBL® Premium Audio
LE AWDNA
LE FWDNA
SE FWD$600
SE AWD$600
XLE FWDNA
JBL® Premium Audio with wireless charger
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWD$675
Specifications
Base Price
LE AWD$24,200
LE FWD$22,800
SE FWD$25,200
SE AWD$26,600
XLE FWD$26,600
Drive
LE AWDAWD
LE FWDFWD
SE FWDFWD
SE AWDAWD
XLE FWDFWD
Bodystyle
LE AWDSedan
LE FWDSedan
SE FWDSedan
SE AWDSedan
XLE FWDSedan
Doors
LE AWD4
LE FWD4
SE FWD4
SE AWD4
XLE FWD4
Height
LE AWD56.5
LE FWD56.5
SE FWD56.5
SE AWD56.5
XLE FWD56.5
Length
LE AWD182.3
LE FWD182.3
SE FWD182.3
SE AWD182.3
XLE FWD182.3
Wheelbase
LE AWD106.3
LE FWD106.3
SE FWD106.3
SE AWD106.3
XLE FWD106.3
Width
LE AWD70.1
LE FWD70.1
SE FWD70.1
SE AWD70.1
XLE FWD70.1
Cargo Volume
LE AWD13.1
LE FWD13.1
SE FWD13.1
SE AWD13.1
XLE FWD13.1
Seating Capacity
LE AWD5
LE FWD5
SE FWD5
SE AWD5
XLE FWD5
Front Head Room
LE AWD38.3
LE FWD38.3
SE FWD38.3
SE AWD38.3
XLE FWD38.3
Center Head Room
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWDNA
Front Leg Room
LE AWD42
LE FWD42
SE FWD42
SE AWD42
XLE FWD42
Center Leg Room
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWDNA
Front Shoulder Room
LE AWD54
LE FWD54
SE FWD54
SE AWD54
XLE FWD54
Center Shoulder Room
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWDNA
Interior Volume
LE AWD88.6
LE FWD88.6
SE FWD88.6
SE AWD88.6
XLE FWD88.6
Fuel Tank Capacity
LE AWD11.3
LE FWD11.3
SE FWD11.3
SE AWD11.3
XLE FWD11.3
Engine Type
LE AWDGas/Electric
LE FWDGas/Electric
SE FWDGas/Electric
SE AWDGas/Electric
XLE FWDGas/Electric
Engine Size
LE AWD1.8
LE FWD1.8
SE FWD1.8
SE AWD1.8
XLE FWD1.8
Cylinders
LE AWD4
LE FWD4
SE FWD4
SE AWD4
XLE FWD4
Camshaft
LE AWDDOHC
LE FWDDOHC
SE FWDDOHC
SE AWDDOHC
XLE FWDDOHC
Compression Ratio
LE AWD13.0:1
LE FWD13.0:1
SE FWD13.0:1
SE AWD13.0:1
XLE FWD13.0:1
Horsepower
LE AWD134
LE FWD134
SE FWD134
SE AWD134
XLE FWD134
Torque
LE AWD156
LE FWD156
SE FWD156
SE AWD156
XLE FWD156
Fuel Type
LE AWDUnleaded
LE FWDUnleaded
SE FWDUnleaded
SE AWDUnleaded
XLE FWDUnleaded
Estimated MPG City
LE AWD47
LE FWD50
SE FWD50
SE AWD47
XLE FWD50
Estimated MPG Highway
LE AWD41
LE FWD43
SE FWD43
SE AWD41
XLE FWD43
Towing
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWDNA
GVWR (Gross Vehicle Weight Rating)
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWDNA
Payload
LE AWDNA
LE FWDNA
SE FWDNA
SE AWDNA
XLE FWDNA
Curb Weight
LE AWDNA
LE FWD2850
SE FWDNA
SE AWDNA
XLE FWDNA
Transmission
LE AWDCVT
LE FWDCVT
SE FWDCVT
SE AWDCVT
XLE FWDCVT

How to Calculate The Dealer Cost of a Toyota Corolla Hybrid

Formula for Calculating Dealer Cost:

  • Example: Base Toyota Corolla Hybrid invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)

Note: All Toyota Corolla Hybrid MSRP, invoice and dealer cost dollar figures above are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.



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