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Toyota Corolla vs. Mazda MX-5 Miata Price Comparison

Toyota Corolla vs Mazda MX-5 Miata Price Comparison:
Toyota Corolla vs Mazda MX-5 Miata Price Comparison:

TrueDelta features the Internet's most balanced and thorough car price and
features comparison between the Toyota Corolla and Mazda MX-5 Miata. Including:

 

Calculate Payments

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Summary

For the Toyota Corolla vs. Mazda MX-5 Miata price comparison, we have first equipped the cars with selected features. The specific options added are shown in the Corolla vs. MX-5 Miata Price Comparison table. If you want to know how much the Corolla and MX-5 Miata will cost with the features you specified, this is the table to check. In this case, the Toyota Corolla XRS's price is $7,062 lower than the Mazda MX-5 Miata Sport's price

Each car includes features you didn't request, and that aren't included on the other car. In the Corolla vs. MX-5 Miata Features Comparison table we've tallied these features up and assigned monetary values to them using the site's default values. For example, compared to the Toyota Corolla XRS, the Mazda MX-5 Miata Sport includes additional features worth $1500. The TrueDelta Value Comparison figures include adjustments for most differences in feature content. However, they do not include advertising fees, factory-to-dealer incentives, or differences in engines, tires, seat configurations, and audio systems. Exceptions: They do include values for third-row seats and media players. Additional notes

0 In this case, despite a $1500 adjustment for the Mazda MX-5 Miata Sport's additional features, the Toyota Corolla XRS is $7,062 less than the Toyota Corolla XRS.

TrueDelta Value Comparison: Toyota Corolla vs. Mazda MX-5 Miata

Lowest Adjusted Price and Invoice: Toyota Corolla XRS
TrueDelta Adjusted Price Difference: 7,062
TrueDelta Adjusted Invoice Difference: 7,343
Model Year2006201220122012
ModelCorollaMX-5 MiataMX-5 MiataMX-5 Miata
TrimXRSSportTouringGrand Touring
Body4dr Sedan2dr Convertible2dr Convertible2dr Convertible
Engine164hp I4158hp I4158hp I4158hp I4
TransmissionM6T6T6T6
DrivetrainFWDRWDRWDRWD
EPA Fuel Economy (city/highway)26/34 MPG20/27 MPG20/27 MPG20/27 MPG
Audio (watts, speakers?, 6?, 4?, 6?, 7
Tire (rear if not all the same)195/55-16205/50-16205/45-17205/45-17
Total Price20,05728,61929,31930,589
Adjustments for Features0-1,500-1,750-3,150
Feature-Adjusted Total Price20,05727,11927,56927,439
Cost Above Minimum00450320
Total Invoice18,04526,79227,52428,726
Adjustments for Features0-1,404-1,643-2,958
Feature-Adjusted Total Invoice18,04525,38825,88125,768
Cost Above Minimum00493380

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Invoice Comparison: Toyota Corolla vs. Mazda MX-5 Miata

Price Comparison (MSRP): Toyota Corolla vs. Mazda MX-5 Miata

The sticker prices, before adjusting for remaining feature differences. Usually these are the numbers you will see on the window stickers.

Models in short supply often sell at or even above these prices.

Lowest Total Price: Toyota Corolla XRS
Difference: 8,562
Lowest Total Invoice: Toyota Corolla XRS
Difference: 8,747
Model Year2006201220122012
ModelCorollaMX-5 MiataMX-5 MiataMX-5 Miata
TrimXRSSportTouringGrand Touring
Body4dr Sedan2dr Convertible2dr Convertible2dr Convertible
Base Price17,88023,47025,83027,100
Base Invoice16,17922,18824,41525,617
Side curtain airbags655   
Power Package605   
Floor mats88   
Cargo net49494949
CD changer, in-dash200500  
Convenience Package 1,160  
6-speed shiftable automatic 1,1001,1001,100
Rear spoiler 400400400
Body kit 1,1451,1451,145
Side curtain airbags 000
Power Package 000
Floor mats 000
Cargo net 393939
CD changer, in-dash 40000
Convenience Package 99600
6-speed shiftable automatic 1,1381,0391,039
Rear spoiler 320320320
Body kit 916916916
Total options1,5974,3542,6942,694
Total options1,2863,8092,3142,314
Destination580795795795
Total Price20,05728,61929,31930,589
Total Invoice18,04526,79227,52428,726

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While we strive for accuracy, the site is not error-free, and prices can change at any time.

 

Features Comparison: Toyota Corolla vs. Mazda MX-5 Miata

Model Year2006201220122012
ModelCorollaMX-5 MiataMX-5 MiataMX-5 Miata
TrimXRSSportTouringGrand Touring
Body4dr Sedan2dr Convertible2dr Convertible2dr Convertible
Transmission and Drivetrain 
6-speed manual$150   
6-speed manually-shiftable automatic $1100$1100$1100
FWD$0   
RWD $0$0$0
Accessories 
Power rear side windows$200   
Universal garage door opener  $100$100
Wind blocker, small $100$100$100
Brakes, Airbags, and Other Safety 
Roll bar $200$200$200
Side curtain airbags$350   
Stability control $400$400$400
Traction control $100$100$100
Climate Control and Infotainment 
Audio controls on steering wheel $125$125$125
Automatic climate control, front   $200
Interior air filter$25   
MP3-compatible player $50$50$50
Exterior 
Bodyside moldings$75   
Bright-finished exhaust tip(s) $50$50$50
Instruments, Lights, and Mirrors 
Auto-dimming rearview mirror  $150$150
Trip computer $150$150$150
Powertrain 
Steering-wheel-mounted transmission controls $100$100$100
Seats and Interior Trim 
Center armrest(s), front row$75   
Heated front seats   $300
Leather seating surfaces   $900
Suspension, Wheels, and Tires 
Sport suspension (upgrade)$0   
Total Value of Features$875$2,375$2,625$4,025
Value of Feature Adjustments$0$1,500$1,750$3,150
Value of Feature Adjustments0-1,404-1,643-2,958

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Specifications Comparison: Toyota Corolla vs. Mazda MX-5 Miata

Model Year20062012
ModelCorollaMX-5 Miata
Body4dr Sedan2dr Convertible
Wheelbase102.4 in91.7 in
Length178.3 in157.3 in
Width66.9 in67.7 in
Height58.5 in49.0 in
Curb Weight2,670 lb.2,527 lb.
Fuel Capacity13.2 gal.12.7 gal.
Row 1 Headroom39.3 in37.4 in
Row 1 Shoulder Room53.1 in53.2 in
Row 1 Hip Room51.9 in50.6 in
Row 1 Legroom41.3 in43.1 in
Row 2 Headroom37.1 in0.0 in
Row 2 Shoulder Room53.5 in0.0 in
Row 2 Hip Room46.2 in0.0 in
Row 2 Legroom35.4 in0.0 in
Cargo Volume13.5 ft35.3 ft3

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Option Package Details
XRS

Power Package
FeatureValueRequested?
Power front side windows250Yes
Remote keyless entry225Yes
Power rear side windows200No
Total Requested47570%
Total Not Requested20030%

Option Package Details
Sport

6-speed manually-shiftable automatic
FeatureValueRequested?
6-speed manually-shiftable automatic0Yes
Steering-wheel-mounted transmission controls100No
2.0L I4
DOHC-4v
158 hp@6700
140 lb-ft@5000
1000Yes
Total Requested100091%
Total Not Requested1009%
CD changer, in-dash
FeatureValueRequested?
CD changer, in-dash200Yes
MP3-compatible player50No
Total Requested20080%
Total Not Requested5020%
Convenience Package
FeatureValueRequested?
Audio controls on steering wheel125No
Cruise control250Yes
Power locks275Yes
Remote keyless entry225Yes
Trip computer150No
Fog lights125Yes
Exterior temperature display50Yes
Total Requested92577%
Total Not Requested27523%

Option Package Details
Touring

6-speed manually-shiftable automatic
FeatureValueRequested?
6-speed manually-shiftable automatic0Yes
Steering-wheel-mounted transmission controls100No
2.0L I4
DOHC-4v
158 hp@6700
140 lb-ft@5000
1000Yes
Total Requested100091%
Total Not Requested1009%

Option Package Details
Grand Touring

6-speed manually-shiftable automatic
FeatureValueRequested?
6-speed manually-shiftable automatic0Yes
Steering-wheel-mounted transmission controls100No
2.0L I4
DOHC-4v
158 hp@6700
140 lb-ft@5000
1000Yes
Total Requested100091%
Total Not Requested1009%

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What Our Members Are Saying about the Price of the Toyota Corolla

Price of the Toyota Corolla: Pros
YearBody/PowertrainComment
2010 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
The payment on the car is less than 300 a month for a nicely equipped car.
2010 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
The Corolla provides a lot of "bang for the buck" in my mind. It has all the things I need in a car, all the things I wanted in a car, and even a few minor fun "bells and whistles" for good measure - all at a price I can afford easily.
2009 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Decided to go with Corolla because it was several thousand cheaper over civic for similar features.
2009 4dr Sedan 132-horsepower 1.8L I4
5-speed manual FWD
I felt this car was reasonable price for its class.
2008 4dr Sedan 126-horsepower 1.8L I4
5-speed manual FWD
Low interest rate on lease payments. Reasonably priced car while well equipped.
2007 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
we got a pretty good price (before tax,tags and title fees) from a ford dealership. Bought in 2010, it was a used 2007 model.
2007 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Low payments and priced right, it seems that newer corollas can be had for what you would have paid for a new vehicle 2 or 3 years earlier.
2007 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
I only took the automatic transmission option and it was one of the cheapest. Interest rate was only at 1.7% for me.
2006 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Great pricing, easy financing
2006 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Paid $14,500
2005 4dr Sedan 130-horsepower 1.8L I4
4-speed automatic FWD
Purchased new, well-equipped for the market segment for 15k. Very competitive pricing relative to lesser known (by me) brands.
2005 4dr Sedan 130-horsepower 1.8L I4
5-speed manual FWD
It was what I felt I could afford at the time I had to replace my 1995 Saturn SL1.
2003 4dr Sedan 130-horsepower 1.8L I4
5-speed manual FWD
low price
2003 4dr Sedan 130-horsepower 1.8L I4
5-speed manual FWD
A/C, power window, power door lock, ABS, side airbag, rear spoiler, alloy wheel, 6 speakers, remote keyless entry, and more for $16,000 brand new.
Price of the Toyota Corolla: Cons
YearBody/PowertrainComment
2010 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
This may just be a little quirk with me/my location but I could not find it cheaper used anywhere in Texas. I guess on the other side though, it was one of the cheaper Pre-Owned Certified vehicles I was trying to find. Another one was a 2011 Honda Fit asking was 15k but had 40k miles for example. I bought this one for 13.7k (full bumper to bumper coverage for next 4 years) so you can't be too sure.
2009 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Its expensive compared to Sentra, Elantra and Lancer, while providing the same or less features. Also mainteinance is expensive but is because the brand, not the car.
2009 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
More expensive than a Focus (but more car, too, and better resale value for sure).
2008 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Not as much of a bargain for what you get and the payments were too high for a boring daily-driver.
2005 4dr Sedan 130-horsepower 1.8L I4
4-speed automatic FWD
sort of upmarket cost for a dinky little eonobox with crappy handling. But I guess you pay for the fact that it will biodegrade before it will wear out.

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What Our Members Are Saying about the Price of the Mazda MX-5 Miata

Price of the Mazda MX-5 Miata: Pros
YearBody/PowertrainComment
2009 2dr Convertible 167-horsepower 2.0L I4
5-speed manual RWD
Inexpensive for a convertible sports car.
2006 2dr Convertible 170-horsepower 2.0L I4
6-speed manual RWD
Bought it used (2 years old) for $16,500 with 8000 miles on it. If you can find one you like for similar money, buy it. This model year has a 4 year bumper to bumper warranty, unlike subsequent years which are covered for 3 years.
2004 2dr Convertible turbocharged 178hp 1.8L I4
6-speed manual RWD
Great value for the car -- Used, I could get a fully loaded sports car for the same price as a new base model economy car.
2003 2dr Convertible 142-horsepower 1.8L I4
5-speed manual RWD
Bought used, 2 owner car, both ladies drove it only for weekend joy ride, covered and garaged, e.g. low mileage, showroom condition...3K under Blue Book.
2003 2dr Convertible 142-horsepower 1.8L I4
6-speed manual RWD
The price point for a used 03 Miata are quite attractive, considering other roadsters.
2002 2dr Convertible 142-horsepower 1.8L I4
6-speed manual RWD
Price on the later models is a bit high for how little creature comforts you get. Worth it once you find out how fun and reliable it is. Great on gas too
Price of the Mazda MX-5 Miata: Cons
YearBody/PowertrainComment
2003 2dr Convertible 142-horsepower 1.8L I4
5-speed manual RWD
Very pricey in Canada (30k for a stripper), dealers do not want to deal.

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