Trade-In Value*: $11,100
Original Price in 2009: $15,910
New Car Value (2011): $17,400
The Toyota Corolla is one of the “best loved cars in America” according to Kelley Blue Book. It rates high on maintenance and resale value — and it gets decent gas mileage. The 2011 had just “minor cosmetic changes,” which means parts from prior year models can be used in the newer models, which makes the car very attractive to car thieves.
* Based on the Kelley Blue Book value, assuming the vehicle is in good condition