Toyota Corolla cost to own in Australia — the true 5-year total
The Toyota Corolla starts at $29,990. Over 5 years, owning one (petrol car) costs about $44,016 in Australia as of July 9, 2026 — $734/month, $0.73/km — including depreciation, fuel, maintenance, insurance, financing and rego.
Toyota Corolla incentives & grants
Novated lease (FBT exemption): for a salary-packaged EV the federal FBT exemption can cut the cost substantially — it depends on your income and tax, so it is not in the totals above. Source: ATO.
Toyota Corolla · Australia · 5-year estimate$44,016 total · $734/mo · $0.73/km
Where the money goes
| Cost component | Petrol · Toyota Corolla |
|---|---|
| Depreciation (estimated) | $13,795 (31%) |
| Charging / fuel | $5,868 (13%) |
| ↳ of which charging loss | — |
| Maintenance | $6,402 (15%) |
| Insurance | $8,500 (19%) |
| Financing interest | $5,076 (12%) |
| Registration & fees | $4,375 (10%) |
| Total cost of ownership | $44,016 |
Toyota Corolla specs & assumptions
- Starting price
- $29,990manufacturer
- Powertrain
- Petrol
- Efficiency
- 6 L/100kmADR
- Range
- 800 kmADR
- Australia electricity
- 33.00c/kWhAER
- Annual km (assumed)
- 12,000Australia average
Compare the Toyota Corolla against any car, your km & your scenario
What the numbers say
The Toyota Corolla costs about $44,016 to own over 5 years in Australia — $734/month, $0.73/km at 12,000 km/yr — and depreciation is the biggest line: $13,795, 31% of the total (as of July 9, 2026).
- On cost per month the Toyota Corolla ranks #2 of 4 small hatch/sedan models we track in Australia.
- Where the Toyota Corolla's $44,016 actually goes: depreciation $13,795 (31%), insurance $8,500 (19%), maintenance $6,402 (15%), petrol $5,868 (13%), financing interest $5,076 (12%), registration & fees $4,375 (10%).
- Per km, that is $0.23 of depreciation and $0.10 of petrol, with $0.41 for everything else — $0.73/km all-in.
- Petrol vs the fleet: the Toyota Corolla's 5-year petrol bill ($5,868) runs $663 below the $6,531 median of the 37 petrol and hybrid models we price at the same rates.
What we assume for maintenance
Assumed $1,280/yr for a petrol car at 12,000 km/yr — about $6,402 of the 5-year total above. On this market's assumptions an EV runs about $330/yr less in maintenance than a petrol car ($950 vs $1,280). See the methodology for sources; adjustable in the calculator.