Seven Reasons Why the Toyota Corolla is the World’s Most Popular Car

Posted Friday, Dec 02, 2016 by nhtwpprod

The Toyota Corolla has dominated automobile sales for decades and holds the title of being the best-selling nameplate in the world, having sold more than 40 million vehicles since its introduction in 1966. Corollas’ great reputation for quality and dependability keep them in high demand, whether it’s in new car showrooms or at used car dealerships in Los Angeles or other parts of the country.

Cars on showroom floor

The Corolla is currently in its 11th design generation, and Toyota celebrated the legendary vehicle’s 50th year in 2016 with a special edition. There’s no great secret to the Corolla’s success, just consistent quality and continuous improvement.

For auto consumers in the market for one of the best values available, consider the following reasons why the Corolla is so popular:

  • Fuel economy – While gas prices aren’t quite the worry that they were just a few years ago, smart auto consumers know that a gas price spike is only a geopolitical or market event away. Reducing fuel consumption also reduces carbon emissions, which is important to environmentally conscious auto buyers. The Toyota Corolla has consistently provided a fuel-efficient vehicle for drivers, and the newest models are no exception.The 2016 Corolla gets 30 miles per gallon in the city and 42 miles per gallon on the highway, making it a very fuel-efficient vehicle. For drivers who want to pay less at the pump or who just want to do their part to reduce fossil fuel use, the Corolla is a solid choice.
  • Competitive price – From the beginning, the Toyota has been sold as an affordable car marketed to regular Joes and Janes. Toyota has maintained the Corolla’s price-competitive DNA throughout the decades. The 2016 Toyota Corolla started at around $17,300, well under the average new car price of $33,560. For consumers looking for a new car at a used car price, the Corolla presents an excellent buying opportunity.
  • Value – Even though Corollas are inexpensive, that doesn’t mean that they are cut-rate vehicles. Toyota designers squeeze every ounce of value they can into the Corolla, using quality upholstery and interior materials, adding on features and options usually found in more expensive vehicles, and ensuring that the car is bullet-proof in terms of reliability. The end result is a vehicle that offers drivers much for a very competitive price.

Interior of a car

  • Resale value – As anyone who has ever tried to resell a vehicle that they bought brandnew knows, a considerable drop-off in value occurs between the time they drive it off the new car lot and the time they put it up for sale. The Toyota Corolla has a strong record of retaining its resale value, as all Toyotas do. In 2016, Toyota had the top non-luxury resale value among automakers, according to Edmunds. Toyota had a 53.8 percent residual value after five years.NADA figures show that the Toyota Corolla retained 56.8 percent of its value for its 2009 to 2013 model years. For car consumers who are buying with an eye toward the future, the Corolla is a great bet for getting some of your money back at trade-in or resale.
  • Safety – The Corollas are well known for being exceptionally safe. The 2016 Toyota Corolla has a perfect five-star overall crash test safety rating from the National Highway Traffic Safety Administration. The Insurance Institute for Highway Safety gives the Corolla it’s highest designation of “good” for nearly all crash test evaluations. This isn’t the first year the Corolla has gotten top safety ratings, and it won’t be the last. Families can trust the Toyota Corolla to help them arrive safely at their destination, wherever it may be.

Showroom Car show

  • Simplicity – In an era where many vehicle dashboards are beginning to look like the control panels for stealth bombers, the Corolla keeps it simple. That’s not to say the Corolla is bereft of tech; new Corollas have many great electronic safety and entertainment features. Where the Corolla differs from its rivals is in the user-friendliness of its tech options. Corolla interiors take a minimalist approach to design, keeping controls and unnecessary bells and whistles to a minimum. The end result is practical technology that is easy to use and helpful to the driver and passengers.
  • Reliability – This virtue, above all others, is likely what keeps auto consumers coming back time and time again to purchase Toyota Corollas. Toyota does an excellent job in manufacturing a mechanically sound vehicle in the Corolla. Toyota Corollas typically have very few recalls or reported problems. Many owners report that, other than changing the oil and replacing the spark plugs and brake pads, they have few repair costs. Many Corollas with 250,000 miles or more on the odometer are still on the road, and Corollas are often the fastest sellers at used car dealers in Los Angeles and around the country.For value-conscious consumers, purchasing a vehicle that won’t let them down and won’t have expensive repair needs is a must. The Corolla has a decades-long reputation of filling this need.

Engine Displayed

Corolla History

The Toyota Corolla made its debut in 1966. Toyota corporate brass had just two missions for designers of the vehicle – make it dependable and make it inexpensive. Toyota designers did both, allowing the vehicle to compete outside Japan in American and other markets.

The original Corolla was an extremely simple vehicle, but was well-made and inexpensive, which helped fuel its popularity. Subsequent versions of the Corolla incorporated more amenities and larger engines but retained the Corolla’s guiding principles of simplicity and build quality.

The Corolla first took the crown for being the world’s best-selling car in 1974 and has regularly claimed the No. 1 spot many times since then. Toyota continues to improve the Corolla with each design generation, while keeping the core values that fueled the Corolla’s success in mind. In 2015, the Toyota Corolla sold 1,339.024 units worldwide, up 4.7 percent from the previous year.

The Corolla’s biggest market is in the U.S., where more than 363,000 Corollas were sold, followed by China, where 300,641 units were sold. The Toyota Camry is also a top-seller, coming in at No. 5 on the top 10 best-sellers list, selling 754,000 units in 2015.

Couple taking a selfie with a new car

New Corollas

For the 2017 model year, Toyota made some mostly cosmetic updates to its already solidly-performing small sedan. The 2017 Corolla will have a new grille design and upper trim levels will get bi-LED headlights. On the interior, Toyota’s made some nice upgrades to the seating, using more upscale materials.

The new Toyota Corolla will have a standard backup camera, and consumers can also choose Toyota’s new Safety Sense-P safety suite, which includes collision alerts, pedestrian detection, adaptive cruise control, and other electronic safety features as an option.

Couple signing papers for a new car

The updates aren’t drastic but they don’t have to be. The Toyota Corolla already has an amazingly strong record of success. A few tweaks by Toyota helps keep the Corolla up-to-date and ahead of the competition.

For auto consumers who are checking Toyota dealerships in Southern California for deals on Toyota Corollas, North Hollywood Toyota is a must-visit location. North Hollywood Toyota, a Los Angeles Toyota dealer, carries a wide selection of Toyotas, including new and quality pre-owned models.

The dealership’s staff is highly professional and makes the car buying experience enjoyable for customers, taking a no hassle, customer-centered approach. Visit North Hollywood Toyota today to find the very best deals on the world’s best-selling vehicle, the Toyota Corolla.

Sources

1.http://www.edmunds.com/car-reviews/best-retained-value-cars.html

2.http://www.nada.com/B2B/Portals/0/assets/NADA%20Perspective/2014/201402%20Perspective%20Retention_Cars%20UPDATED.pdf

Why the Cororlla is the World's best car