Toyota Corolla (LE gas) cost to own in Canada — the true 5-year total
The Toyota Corolla (LE gas) starts at $24,520. Over 5 years, owning one (gas car) costs about $43,561 in Canada as of July 2, 2026 — $726/month, $0.58/km — including depreciation, fuel, maintenance, insurance, financing and registration.
Toyota Corolla (LE gas) incentives & grants
Canada EVAP: up to $5,000 off an eligible new EV ($2,500 PHEV); Quebec / BC may add more. Shown for reference; not in the totals above. Source: Transport Canada.
Toyota Corolla (LE gas) · Canada · 5-year estimate$43,561 total · $726/mo · $0.58/km
Where the money goes
| Cost component | Gas · Toyota Corolla |
|---|---|
| Depreciation (estimated) | $12,750 (29%) |
| Charging / fuel | $8,946 (21%) |
| ↳ of which charging loss | — |
| Maintenance | $5,873 (13%) |
| Insurance | $11,445 (26%) |
| Financing interest | $4,047 (9%) |
| Registration & fees | $500 (1%) |
| Total cost of ownership | $43,561 |
Toyota Corolla (LE gas) specs & assumptions
- Starting price
- $24,520manufacturer
- Powertrain
- Gas
- Efficiency
- 7.1 L/100kmNRCan
- Range
- 660 kmNRCan
- Canada electricity
- 16.50c/kWhprovincial utilities
- Annual km (assumed)
- 15,000Canada average
Compare the Toyota Corolla (LE gas) against any car, your km & your scenario
What the numbers say
The Toyota Corolla (LE gas) costs about $43,561 to own over 5 years in Canada — $726/month, $0.58/km at 15,000 km/yr — and depreciation is the biggest line: $12,750, 29% of the total (as of July 2, 2026).
- On cost per month the Toyota Corolla (LE gas) ranks #1 of 4 compact sedan models we track in Canada.
- Where the Toyota Corolla (LE gas)'s $43,561 actually goes: depreciation $12,750 (29%), insurance $11,445 (26%), gas $8,946 (21%), maintenance $5,873 (13%), financing interest $4,047 (9%), registration & fees $500 (1%).
- Per km, that is $0.17 of depreciation and $0.12 of gas, with $0.29 for everything else — $0.58/km all-in.
- Gas vs the fleet: the Toyota Corolla (LE gas)'s 5-year gas bill ($8,946) runs $2,268 below the $11,214 median of the 30 gas and hybrid models we price at the same rates.
What we assume for maintenance
Assumed $1,175/yr for a gas car at 15,000 km/yr — about $5,873 of the 5-year total above. On this market's assumptions an EV runs about $525/yr less in maintenance than a gas car ($650 vs $1,175). See the methodology for sources; adjustable in the calculator.