Toyota Prices New 2009 Corolla and Matrix

The redesigned Corolla and Matrix will arrive at dealerships next month, and today we learn more about how much each of the new models will cost. The range for the Corolla will be $15,250 to $19,950, and the Matrix will range from $16,190 to $21,850. The base 2009 Corolla will cost $845 more than the 2008 base model. Toyota has changed the base CE trim level to a “Standard” trim level for 2009, just to help confuse things some.

The Matrix’s starting price of $16,190 is $680 more than the outgoing 2008’s $15,510. None of the prices include a $650 destination charge. A full breakdown of trim-level pricing is below, as is where you can find more information, photos and specs of the new models.

2009 Toyota Corolla

• Standard: $15,250 w/manual transmission, $16,050 w/automatic transmission
• LE: $16,650 w/automatic transmission
• XLE: $17,550 w/automatic transmission
• S: $16,320 w/manual transmission, $17,150 w/automatic transmission
• XRS: $18,760 w/manual transmission, $19,950 w/automatic transmission

2009 Toyota Matrix

• Standard: $16,190 w/manual transmission, $17,000 w/automatic transmission
• S: $18,260 w/manual transmission, $19,450 w/automatic transmission
• S AWD: $20,400 w/automatic transmission
• XRS: $20,660 w/manual transmission, $21,850 w/automatic transmission

Related
More Toyota Corolla News (KickingTires)
More Toyota Matrix News (KickingTires)

Comments

[Kevin]

I was expecting a bit lower prices for the XRS versions... And Matrix seems like its prices went up quite a lot.

[Tony]

With prices like that buying a Hyundai may be not such bad idea. Even that Corolla is more fuel efficient, it is probably not efficient enough to save $3000 difference on the purchase day.
Numbers aproximate for 100K miles:
Corrolla 31mpg avg=3226Gx$3=$9678
Elantra 28mpg avg=3572Gx$3=$10716
Corolla Gas savings = $1038

And even if gas did cost $4 or $5 it still would be less then initial savings.

But again. Today Corolla buys you freedom of selling it in 5 years. Hyundai prone to depreciation. May be, as Hyundai gets more and more respect, in 5-6 years it will be OK to sell.

[J]

Okay, who in the world would pay more for something new but looks just like the old one when the old one will be having some big discounts?

The Civic still beats the Corolla hands down in terms of bang for the buck.

[Jeremy]

I saw both of these cars today at the Mass Auto Show and I was really impressed. I can easily justify the modest increase in price.

[trainer]

The new Corolla and Matrix look great, but I agree they're getting a bit pricey. If you're going to spend $18,000 on a Corolla, why not shell out another $3,000 and get a Prius? It's a mid-size car rather than a compact(my 6 foot 3 son is comfortable in the back seat), has a versatile hatchback that holds a huge amount of cargo, has an 8-year, 100,000 mile standard warranty on the Hybrid Synergy Drive and batteries, and gets 50 percent better mpg than the Corolla. You still get the great Toyota resale value too. Sometimes spending a little more gets you a lot more.

[Robert]

Hmm. I'm a little confused about the Matrix pricing, especially when the base price is $800 more than the Vibe. If I recall, aren't those supposed to be the exact same car, save for badging and exterior design?

[Per Olaff]

I believe it is a lot of money to pay for the old little 'yota, it is not cheap anymore, so the budget concious buyers, will buy more sensible options like the Elantra, or the Focus. who are cheaper with options.

Come on, even my father in law, a typical Toyota senior Citizen owner is going to buy a Hyunday, due to te big prices, and he has had 'yotas for a long time. He s not going to pay 20k for the little one.

hmmmmmmmmm corolla = camry styling? seems like it, honestly it looks more like the last gen camry styling, from the side that is.

[npoll212]

Neither of these cars (even after the redesign) are on the same level as the mazda3 and mazdaspeed3 version (21k base price, close to that of xrs matrix but u get an extra 100+ hp and torque out of it). Any info on when they will be receiving thier 2009 redesign? To me that is a much more interesting vehicle

If A/C is standard the $845 extra may be worth it.

If A/C is standard the $845 extra may be worth it.

If A/C is standard the $845 extra may be worth it.

[Infosaur]

I'm gonna chalk this up to inflation. When I first became a car nut 20 years ago. $20k was right in the heart of the market. You got most of you mainstream midsize sedans from $16-22k. Camerys, Accords, and the like. I've always kept a warry eye on the "bottom" of the market. Sub compacts like Geo Metros used to be under $10k. Now the bottom is knocking on $14k and the meat of the market is mid to high $20's.

So I guess we should be glad that these cars are still shy of $20k. But I'd wager it wouldn't take many options to get them up over $20k real quick. Does the base Corrolla come with A/C?

[J]

npoll212,

Seriously, good luck finding a stripped-down Mazdaspeed3 in any dealer's lot. Simply put, there is virtually no chance of finding a Mazdaspeed3 for that price range.

Jeremy,

I hated to talk bad about something that you like. But the new Corolla is just the same as the old one, save for the stylings, which in my opinion looks just like the old one. Same engine size, same output, same old 4AT! Until you go up to the so called XRS, which uses the 2.4L gulper; yet still has less hp than the Civic Si's 2.0L. Putting a bigger engine and call it sport version should be something that GM & FoMoCo did to their compacts.
Sales number on the Corolla alone vs Civic will tell the answer.

[LVToyota]

Why would you buy a Hyundai or a Ford when you will pay more per month over 5-6 years on maintenance and get less vehicle. Not only that, but when you go to trade-in or sell the Hyundai or the Ford you're losing out on 12-20% difference in trade-in values. Sure, spend less now - and lose more money in the long run...

[jasper]

this would be a fine car for an up and coming negro family.