Is the $16,000 price on this 2020 Toyota Corolla a good deal?

OAV rates this as Fair Price because the asking price of $16,000 is within the typical market range for this vehicle.

What is the average price for a 2020 Toyota Corolla in MN?

Based on 78 comparable listings in MN, the average asking price for a 2018-2022 Toyota Corolla is $18,591, with prices ranging from $6,998 to $24,995.

How long does a 2020 Toyota Corolla typically stay on dealer lots?

Comparable Toyota Corolla listings in MN spend an average of 54 days on dealer lots.

Where is this 2020 Toyota Corolla located?

This vehicle is listed in Ham Lake, MN 55304. VIN: 5YFVPRAE2LP100238. Mileage: 59,000 miles.

What is the fair market price range for this 2020 Toyota Corolla?

OAV's Price-to-Market analysis estimates the fair market range is $13,999 to $19,348, based on 14 comparable vehicles.

Vehicle Details

VIN5YFVPRAE2LP100238

TrimLE

Exterior ColorBlue

DrivetrainFWD

Engine1.8L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot57

2020 Toyota Corolla

Fair Price

$16,00059,000 mi

Ham Lake, MN 55304

Is this 2020 Toyota Corolla LE a good deal?

OAV verdict: Fair Price

Why: Listed at $16,000, comparable market range $13,999–$19,348, based on 14 comparable listings. Days on lot: 57 days (market average 54 days).

Market price position

Lowest comparable ($)

13,999

Highest comparable ($)

19,348

This vehicle's price ($)

16,000

$16,000 · within market range

$13,999comparable$19,348

Regional range: $13,999 – $19,348
vs. market: $2,001 above low · $3,348 below high
Comparable vehicles: 14

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–41 days.

What does Demand-Verified mean?

Market Breakdown

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

Regional Range$13,999 – $19,348

Dealer Info

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Ham Lake, MN

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About This 2020 Toyota Corolla

Listing updated: May 21, 2026

Listed by an independent dealer in Ham Lake, MN · On lot for 57 days · VIN verifiable at NHTSA

This used 2020 Toyota Corolla LE is listed at $16,000 by an independent dealer in Ham Lake, MN 55304. It has 59,000 miles on the odometer. The exterior color is Blue. 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 14 similar vehicles in the Ham Lake market, the estimated market range is $13,999 to $19,348.

This vehicle has been on the lot for 57 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 Ham Lake, 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 2020 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 Ham Lake, MN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 5YFVPRAE2LP100238 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.

2020 Toyota Corolla Market in MN

Comparable Vehicles

Average Price

$18,591

Price Range

$6,998–$24,995

Avg Days on Lot

Based on 78 comparable 2018-2022 Toyota Corolla listings in MN, the average asking price is $18,591. This listing at $16,000 is $2,591 below average (14% below market). Comparable prices in MN range from $6,998 to $24,995. Similar vehicles spend an average of 54 days on dealer lots in this market.