Is the $19,500 price on this 2021 Toyota Corolla a good deal?

OAV rates this as Fair Price because the asking price of $19,500 is within the typical market range for this vehicle.

How long does a 2021 Toyota Corolla typically stay on dealer lots?

Comparable Toyota Corolla listings in MN spend an average of 50 days on dealer lots.

Where is this 2021 Toyota Corolla located?

This vehicle is listed in Elk River, MN 55330. VIN: 5YFEPMAE3MP235460. Mileage: 51,416 miles.

What is the fair market price range for this 2021 Toyota Corolla?

OAV's Price-to-Market analysis estimates the fair market range is $12,995 to $22,340, based on 16 comparable listings matched to this vehicle.

2021 Toyota Corolla LE for Sale in Elk River, MN

No Photo Available

Vehicle Details

VIN5YFEPMAE3MP235460

TrimLE

Exterior ColorWhite

DrivetrainFWD

Engine1.8L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot265

Fair Price

$19,50051,416 mi

Elk River, MN 55330

Is this 2021 Toyota Corolla LE a good deal?

OAV verdict: Fair Price

Why: Listed at $19,500, comparable market range $12,995–$22,340, based on 16 comparable listings. Days on lot: 265 days (market average 50 days).

Market price position

$19,500 · within market range

Regional range: $12,995 – $22,340
vs. market: $6,505 above low · $2,840 below high
Comparable vehicles: 16

Market Retail Price (MRP™)

$17,668

This vehicle $19,500 · $1,832 (10%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$18,566

This vehicle $19,500 · $934 (5%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-30) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–37 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 7.2x longer than typical for similar vehicles (cohort sells in 9–37 days; this one is at 265). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$12,995 – $22,340

Lee's Riverside Auto

Elk River, MN

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from lee's riverside auto →

Request availability and out-the-door price

OAV will route your inquiry to Lee's Riverside Auto for current availability of this 2021 Toyota Corolla LE and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2021 Toyota Corolla

Listing updated: Jul 29, 2026

Listed by an independent dealer in Elk River, MN · On lot for 265 days · VIN verifiable at NHTSA

This used 2021 Toyota Corolla LE is listed at $19,500 by lee's riverside auto in Elk River, MN 55330. It has 51,416 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. It features a FWD drivetrain with a 1.8L 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 16 comparable listings matched to this vehicle for its price verdict, the estimated market range is $12,995 to $22,340.

This vehicle has been on the lot for 265 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 Elk River, MN 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 2021 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 an independent dealer in Elk River, MN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 5YFEPMAE3MP235460 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2021 Toyota Corolla Market in MN

MN Market Listings

Average Price

$19,038

Price Range

$8,500–$25,477

Avg Days on Lot

Based on all 62 2019-2023 Toyota Corolla listings in the MN market, the average asking price is $19,038. This listing at $19,500 is $462 above average (2% above market). Comparable prices in MN range from $8,500 to $25,477. Similar vehicles spend an average of 50 days on dealer lots in this market.