Is the $20,999 price on this 2024 Toyota Corolla a good deal?

OAV rates this as Fair Price because the asking price of $20,999 is within the typical market range for this vehicle.

What is the average price for a 2024 Toyota Corolla in MI?

Based on 1,052 comparable listings in MI, the average asking price for a 2022-2026 Toyota Corolla is $24,612, with prices ranging from $10,590 to $33,173.

How long does a 2024 Toyota Corolla typically stay on dealer lots?

Comparable Toyota Corolla listings in MI spend an average of 40 days on dealer lots.

Where is this 2024 Toyota Corolla located?

This vehicle is listed in Ann Arbor, MI 48103. VIN: 5YFB4MDE6RP134878. Mileage: 47,786 miles.

What is the fair market price range for this 2024 Toyota Corolla?

OAV's Price-to-Market analysis estimates the fair market range is $18,950 to $22,631, based on 8 comparable vehicles.

Vehicle Details

VIN5YFB4MDE6RP134878

TrimLE

DrivetrainFWD

Engine2.0L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot32

2024 Toyota Corolla

Unscored

$20,99947,786 mi

Ann Arbor, MI 48103

Is this 2024 Toyota Corolla LE a good deal?

OAV verdict: Unscored

Why: Listed at $20,999, comparable market range $18,950–$22,631, based on 8 comparable listings. Days on lot: 32 days (market average 40 days).

Market price position

Lowest comparable ($)

18,950

Highest comparable ($)

22,631

This vehicle's price ($)

20,999

$20,999 · within market range

$18,950comparable$22,631

Regional range: $18,950 – $22,631
vs. market: $2,049 above low · $1,632 below high
Comparable vehicles: 8

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 15–54 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$18,950 – $22,631

Regional Range$16,500 – $24,393

Dealer Info

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Ann Arbor, MI

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About This 2024 Toyota Corolla

Listing updated: May 20, 2026

Listed by a franchise dealer in Ann Arbor, MI · On lot for 32 days · VIN verifiable at NHTSA

This used 2024 Toyota Corolla LE is listed at $20,999 by a franchise dealer in Ann Arbor, MI 48103. It has 47,786 miles on the odometer. 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 Unscored due to insufficient comparable data. Based on 8 similar vehicles in the Ann Arbor market, the estimated market range is $18,950 to $22,631. The local market range in MI is $18,950 to $22,631.

This vehicle has been on the lot for 32 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 Ann Arbor, MI 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 2024 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.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Ann Arbor, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 5YFB4MDE6RP134878 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.

2024 Toyota Corolla Market in MI

Comparable Vehicles

1,052

Average Price

$24,612

Price Range

$10,590–$33,173

Avg Days on Lot

Based on 1,052 comparable 2022-2026 Toyota Corolla listings in MI, the average asking price is $24,612. This listing at $20,999 is $3,613 below average (15% below market). Comparable prices in MI range from $10,590 to $33,173. Similar vehicles spend an average of 40 days on dealer lots in this market.