Is the $16,450 price on this 2023 Toyota Corolla a good deal?

OAV rates this as Fair Price because the asking price of $16,450 is within the typical market range for this vehicle.

What is the average price for a 2023 Toyota Corolla in UT?

Based on 278 comparable listings in UT, the average asking price for a 2021-2025 Toyota Corolla is $21,758, with prices ranging from $10,995 to $29,608.

How long does a 2023 Toyota Corolla typically stay on dealer lots?

Comparable Toyota Corolla listings in UT spend an average of 51 days on dealer lots.

Where is this 2023 Toyota Corolla located?

This vehicle is listed in Orem, UT 84057. VIN: 5YFB4MDE2PP032779. Mileage: 45,050 miles.

What is the fair market price range for this 2023 Toyota Corolla?

OAV's Price-to-Market analysis estimates the fair market range is $13,295 to $23,969, based on 90 comparable vehicles.

Vehicle Details

VIN5YFB4MDE2PP032779

TrimLE

Exterior ColorGray

DrivetrainFWD

Engine2.0L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot79

2023 Toyota Corolla

Fair Price

$16,45045,050 miles

Orem, UT 84057

Market price position

Lowest comparable ($)

13,295

Highest comparable ($)

23,969

This vehicle's price ($)

16,450

$16,450 · within market range

$13,295comparable$23,969

Regional range: $13,295 – $23,969
vs. market: $3,155 above low · $7,519 below high
Comparable vehicles: 90

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 15–62 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Local Range$18,993 – $19,393

Regional Range$13,295 – $23,969

Dealer Info

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Orem, UT

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About This 2023 Toyota Corolla

Listing updated: May 15, 2026

Listed by an independent dealer in Orem, UT · On lot for 79 days · VIN verifiable at NHTSA

This used 2023 Toyota Corolla LE is listed at $16,450 by an independent dealer in Orem, UT 84057. It has 45,050 miles on the odometer. The exterior color is Gray. It features a FWD drivetrain with a 2.0L I4 engine and CVT transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 90 similar vehicles in the Orem market, the estimated market range is $13,295 to $23,969. The local market range in UT is $18,993 to $19,393.

This vehicle has been on the lot for 79 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Orem, UT sedans market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2023 Toyota Corolla against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Orem, UT, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 5YFB4MDE2PP032779 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Toyota Corolla Market in UT

Comparable Vehicles

278

Average Price

$21,758

Price Range

$10,995–$29,608

Avg Days on Lot

Based on 278 comparable 2021-2025 Toyota Corolla listings in UT, the average asking price is $21,758. This listing at $16,450 is $5,308 below average (24% below market). Comparable prices in UT range from $10,995 to $29,608. Similar vehicles spend an average of 51 days on dealer lots in this market.