Toyota Corolla 2nd Gen
The second-generation Corolla offered curvier styling and a broader model range that established it as a world-class small car. Today, it's an accessible classic Japanese model appreciated for its reliability and simple, rear-wheel-drive fun.
Find one with Spotter →Typical sold price of a Toyota Corolla 2nd Gen ranges from $2,605 to $27,649, based on 69 sales tracked on Hypercars. 12 currently for sale.
The second-generation Corolla, known as the E20, arrived in 1970 with more curvaceous styling and a longer wheelbase than its predecessor. It solidified Toyota's reputation for building reliable and economical cars while introducing sportier variants. US models primarily used the 1.2-liter 3K and 1.6-liter 2T-C overhead-valve engines, while Japan received the coveted twin-cam 2T-G in the high-performance Levin and Sprinter Trueno models.
Collectors appreciate the E20 for its simple mechanics, classic rear-wheel-drive dynamics, and diverse range of body styles, including coupes, sedans, and wagons. The SR5 coupe, with its 5-speed manual transmission and sportier trim, is particularly popular in the US market. These cars are also a great foundation for period-correct modifications, and their light weight makes them enjoyable to drive even with modest power.
The market for the E20 Corolla is still developing, with an average sale price of just over $15,000. The wide sales range, from $2,300 to $35,500, reflects the vast difference between project cars and impeccably restored or original low-mileage examples. Well-preserved SR5 coupes command the highest prices, while sedans and wagons offer a more affordable entry point.
Buying Tips
- Rust is the biggest enemy. Thoroughly inspect rocker panels, floor pans, wheel arches, and the areas around the front and rear glass seals.
- Interior trim and plastics are brittle and extremely difficult to source. Cracked dashboards and torn upholstery are common and costly to fix correctly.
- The T-series engines are tough, but check for oil leaks from the valve cover and timing cover. Blue smoke on startup or acceleration suggests worn valve seals or piston rings.
- SR5 models are the most desirable US-spec variant. Verify that the car is a genuine SR5 by checking for its 5-speed manual transmission and specific trim.
Based on recent sales, prices range from $2,300 for project cars to over $35,500 for pristine, low-mileage examples.
69 Toyota Corolla 2nd Gen vehicles have been tracked across auctions and listings on Hypercars, with 12 currently live. Sold prices range from $1,584 to $35,500.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Frequently Asked Questions
How much does a Toyota Corolla 2nd Gen cost?
Based on 69 sales tracked on Hypercars, Toyota Corolla 2nd Gen prices typically range from $2,605 to $27,649. There are 12 currently for sale.
How many Toyota Corolla 2nd Gen listings are for sale right now?
There are 12 Toyota Corolla 2nd Gen listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.