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Why Is Corolla Overpriced? - Autos - Nairaland

Nairaland ForumNairaland GeneralAutosWhy Is Corolla Overpriced? (2202 Views)

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Why Is Corolla Overpriced? by Faith063(op): 8:32am On Aug 14, 2020
Noticed that Toyota Corolla is costier as compare to other mid-range vehicles of the same year, also notice that the color fades with time(let's say a year after purchase), is it that majority are salvage or accidented vehicle??
Re: Why Is Corolla Overpriced? by Nbotee(m): 8:37am On Aug 14, 2020
It's famed fuel economy, durability and maintenance is why it commands quite some reasonable second hand value which is one of d major reasons why it's still priced reasonably higher than others.. As for d fading part, it is poor paint jobs dats mostly responsible meaning dey've had some form of work done on d vehicle
Re: Why Is Corolla Overpriced? by BELIEVE1352: 8:45am On Aug 14, 2020
The reason is because, the Corolla has a good fuel economy.....less repairs required, Parts are readily available and cheap... The Car is strong too
Re: Why Is Corolla Overpriced? by xanie: 8:48am On Aug 14, 2020
I've wondered same. A 2005 Nigerian used is still priced between 1.2-1.6m. A colleague bought a Nigerian used Corolla 04 in 2017 for 1.2 million today he's reselling same at 1.35.

Are there no alternatives to a Corollahuh?
Re: Why Is Corolla Overpriced? by Faith063(op): 8:59am On Aug 14, 2020
xanie:
I've wondered same. A 2005 Nigerian used is still priced between 1.2-1.6m. A colleague bought a Nigerian used Corolla 04 in 2017 for 1.2 million today he's reselling same at 1.35.

Are there no alternatives to a Corollahuh?
Seriously,
I wonder oo
Re: Why Is Corolla Overpriced? by internationalman(m): 9:04am On Aug 14, 2020
Yahoo boys are the cause..

Anything they like becomes expensive in the market..

Just like any player Man Utd want becomes expensive..
Re: Why Is Corolla Overpriced? by BELIEVE1352: 9:20am On Aug 14, 2020
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Re: Why Is Corolla Overpriced? by BigTableShaker(f): 9:26am On Aug 14, 2020
Na because the Corolla owners said N200 fuel will take you from Lagos to Abuja and back.

Naso pple come dey rush am.
All na wash.

My Honda get fuel economy pass Corolla.


grin grin grin
Re: Why Is Corolla Overpriced? by Faith063(op): 6:20pm On Aug 14, 2020
internationalman:
Yahoo boys are the cause..

Anything they like becomes expensive in the market..

Just like any player Man Utd want becomes expensive..
Lol
Like they don't buy Camry too
Re: Why Is Corolla Overpriced? by Explorers(m): 6:24pm On Aug 14, 2020
Low fuel consumption, cheap parts and the durability.

That's why.

The higher the demand, the higher the price.
Re: Why Is Corolla Overpriced? by Explorers(m): 6:28pm On Aug 14, 2020
xanie:
I've wondered same. A 2005 Nigerian used is still priced between 1.2-1.6m. A colleague bought a Nigerian used Corolla 04 in 2017 for 1.2 million today he's reselling same at 1.35.

Are there no alternatives to a Corollahuh?
Same goes for 98 - 01 camry. They cost 1.2m - 1.4m.
Re: Why Is Corolla Overpriced? by Explorers(m): 6:32pm On Aug 14, 2020
internationalman:
Yahoo boys are the cause..
I think transport business.

Here, YY guys go for Lexus ES330, ES350, GS350 and camry muscle sport.
Re: Why Is Corolla Overpriced? by solutionh: 6:50pm On Aug 14, 2020
fuel economy I use one and can attest to that.
Re: Why Is Corolla Overpriced? by nzubeokafor:
...
Re: Why Is Corolla Overpriced? by dadabashua1(m): 11:29pm On Aug 14, 2020
Explorers:
Same goes for 98 - 01 camry. They cost 1.2m - 1.4m.
true that year of Camry is costly also no be small...just like corolla... Lol
Re: Why Is Corolla Overpriced? by greggng: 12:00am On Aug 15, 2020
nzubeokafor:
I need 03 corolla toks b/w 1.4-1.6
Why not go to sars office to buy one?
Re: Why Is Corolla Overpriced? by ednut1(m): 3:50am On Aug 15, 2020
Law od demand
Re: Why Is Corolla Overpriced? by jaxxy(m): 7:10am On Aug 15, 2020
I
Faith063:
Noticed that Toyota Corolla is costier as compare to other mid-range vehicles of the same year, also notice that the color fades with time(let's say a year after purchase), is it that majority are salvage or accidented vehicle??
Demand and supply reasons. Paint Fades cos it’s a relatively old car.
Re: Why Is Corolla Overpriced? by davillian(m): 8:18am On Aug 15, 2020
Its a transition car
Re: Why Is Corolla Overpriced? by ellalina(f): 8:28am On Aug 15, 2020
Buy pontiac vibe instead
Re: Why Is Corolla Overpriced? by Faith063(op): 10:49pm On Aug 15, 2020
jaxxy:
I

Demand and supply reasons. Paint Fades cos it’s a relatively old car.
I'm not sure, original company paint don't fade easily, I've seen some other brands which are older
Re: Why Is Corolla Overpriced? by Nobody: 11:53am On Aug 17, 2020
ellalina:
Buy pontiac vibe instead
Price range?
1 Reply

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