Comparing The Toyota Corolla to The Hyundai Elantra
Toyota and Hyundai have been competing for top spot in the affordable mid-sized car market. The venerable Toyota Corolla has been a consumer favorite for decades, but recent changes to Hyundai’s Elantra make this model worth taking a look at. Find out which car is the best value in the following Corolla vs Elantra comparison.
The Toyota Corolla
Originally The Corolla was considered a compact car, but the size of the vehicle has slowly grown over time. Now a mid-sized car, it still offers great fuel economy and affordability. The standard 1.8 Liter engine produces an adequate 132 horsepower, and the EPA rates the fuel economy as high as 40 miles per gallon under some driving conditions.
The Corolla is supported by Toyota’s three year or 36K miles standard warranty, and the powertrain coverage extends to five years or 60K miles. Maintenance items like worn tires or brakes, oil changes, and battery replacements are still the responsibility of the owner, but engineers deliberately keep these expenses affordable to appeal to consumers. Buyers know that they can count on Toyota’s quality even after the warranty period expires.
Hyundai Elantra SE Auto
The Elantra has been redesigned in 2016. It’s interior spaces and exterior stylings have been completely reworked. The layout is excellent, but passengers still do not have as much legroom as those riding in the Corolla. The Elantra is equipped with a modern infotainment system that pairs with smartphones, and new safety features are standard features.
This car is powered by Hyundai’s 2.0 liter 4-cylinder engine. It produces 147 horsepower, and in this heavier car, performance feels underwhelming. The car still has excellent fuel economy for a naturally aspirated engine. The EPA estimates that owners will enjoy an average of 26 MPG in the city and 36 MPG on the highway. The car is mechanically supported by one of the best warranty programs in the industry, but repair costs are higher once the protection expires.
Why The Corolla Is Still a Better Deal
The Toyota Corolla has been dominant in the affordable car markets for decades. The 40 year run of this model is a testament to the loyalty it has earned from consumers. The robust market demand ensures that the resale value of this car will remain high. Owners have more options when it comes time to upgrade their vehicles. Trade-in values are higher than the Elantra, and it is easier to find a new buyer for one of these used cars.
The Corolla has a lower true cost of ownership when all factors are considered. Lower initial purchase price reduces the cost of the taxes, fees, and financing. The Hyundai is still a good vehicle for the more adventurous buyers, but smart shoppers stick with a proven winner.