CL Shebley/ShutterstockThe Toyota Corolla is a commuter staple, known for its reliability and ability to consistently get you to work for decades as long as you do a few oil changes. And, while many Toyota models have unfortunate depreciation, the Corolla holds on to its value well past six figures on the odometer. The 2021 Toyota Corolla has a resale value of $14,350 in 2026, which means it lost just 24.45% of its value over five years, according to Kelley Blue Book. iSeeCars has the Corolla at 27.4% depreciation in the same time span, while CarEdge calculates 33%. Of course, the value depends on variables like mileage, condition, and location. However, cars often lose 50% to 60% of their value in five years, making the Corolla pretty phenomenal in comparison — especially when you consider that most cars lose 10% of their value within one month of driving. And the Toyota Corolla Cross does even better in the resale market. One interesting thing to note in Kelley Blue Book's depreciation data is that the Toyota Corolla gained some value in 2026. The 2021 model was worth $13,876 in 2025, which was a $2,258 drop from 2024. However, it's worth $14,350 in 2026, a $474 increase. This is due to the higher demand for used cars in 2026 as new car prices continue to increase — and drivers want a reliable used car, like the Corolla. AdvertisementAdvertisementRead more: 4 Common Problems With The Toyota CorollaWhy has the 2021 Toyota Corolla held its value more than other cars?Iurii Vlasenko/ShutterstockUsed cars can often be seen as a bit of a gamble, but the Toyota Corolla takes a lot of that uncertainty out of the equation as one of Toyota's most reliable small vehicles. Toyota, in general, is known for its reliability. It's consistently at the top of Consumer Reports' reliability studies since the automaker is slow to implement big changes but also takes the time to address previous manufacturing issues. The Toyota name alone gives buyers confidence that even high-mileage vehicles will last a long time without running into a lot of big-budget repairs. And the Corolla is seen as one of the most durable in the lineup. Owners always boast about their Corolla reaching seemingly high mileage without really running into any problems during that time — Kelley Blue Book states that the 2021 model's reliability is its strongest feature, according to owners. Consumer Reports backs this up, noting it's much more reliable than other models from the same year. Its parts are also affordable and widely available (front bumper covers are a little over $140 and suitable brake pads can cost around $50), so the few issues you likely will run into won't deplete your bank account. That peace of mind is priceless to many used car buyers, making the simple, reliable, and affordable Corolla hold a lot of its value even after five years of commuting. AdvertisementAdvertisementWant the latest in tech and auto trends? Subscribe to our free newsletter for the latest headlines, expert guides, and how-to tips, one email at a time. You can also add us as a preferred search source on Google.Read the original article on SlashGear.