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8 reasons why Toyota Corolla is one of the best cars to get

Want to buy a car? Here are 8 reasons why a Toyota Corolla is a smart buy

Want to buy a car? Here are 8 reasons why a Toyota Corolla is a smart buy

Toyota Corolla is one of the best cars to get according to BD money. Here are eight reasons why a 2005 Toyota Corolla model is one of the best cars to get for a mid-career professional looking to buy a car that will be more of an asset than a liability.

Affordability 
A foreign used 2005 Toyota Corolla costs between N1.5 million and N1.7 million, depending on the car’s mileage and condition of the engine, according to data obtained from Cars45, a retail car dealership. Given the prevailing economic climate in Nigeria, a car that costs less than N2 million is attractive.
Fuel economy
The average Nigerian is very sensitive to petrol prices and has a preference for automobiles that consume less fuel. Spending less to fuel your car is especially important with the array of expenses jostling for your cash. Reducing fuel consumption also reduces carbon emissions, which is important to environmentally conscious auto buyers. The Toyota Corolla has consistently provided a fuel-efficient vehicle for drivers. So, individuals who want to pay less at the pump or who just want to do their part to reduce fuel use, Corolla is a sold choice.
Impressive resale value
Most people buy their first cars for very practical reasons. Fancy is not really a consideration for first time buyers and as such there could be an inclination towards obtaining a second-hand automobile. Toyota Corolla has a strong record of retaining its resale value and as such makes for a good buy for many Nigerians.
Toyota vehicles have good frames that are resilient even when ply Nigerian roads infamous for potholes and dare-devil commercial bus drivers.   According to Edmunds, an American online resource for automotive information, Toyota had the top non-luxury resale value among automakers. The automobile expert noted that Toyota has 53.8 percent residual value after five years.
Furthermore, the Virginia-based National Automobile Dealer Association (NADA) retained 56.8 percent of its value for its 2009 to 2013 model years. For car consumers who are buying with an eye toward the future. Corolla is a great bet for getting some of your money back at trade-in or resale.
Reliability and low maintenance costs 
This quality, above all others, is likely what keeps auto consumers coming back to purchase the car type. Toyota Corolla is one of the best cars to get because typically has very few recalls or reported problems. Many owners report that, other than changing the oil and replacing the spark plugs and brake pads, they have few repair costs. Another interesting thing about the brand is that obtaining the spare-parts is not difficult or expensive. Corolla is rugged car that fits the bad state of Nigeria’s road networks without develop big faults. For value-conscious consumers, purchasing a vehicle that won’t let you down and doesn’t have expensive repair needs is a must. The Corolla has decades.
Value
Toyota guarantees value for every kobo spent. Even though Corolla are somehow inexpensive, they are not cut-rate vehicles. Toyota designers squeeze every ounce of value they can into Corolla, using quality upholstery and interior materials, adding on features and options usually found in expensive vehicles, and ensuring that the car is bullet-proof in terms of reliability. The end result is a vehicle that offers users much for a very competitive.
Simplicity
In an era where many vehicle dashboards are beginning to look like control panels for stealth bombers, the Corolla keeps it simple.
That’s not to say the Corolla is bereft of technology but new Corollas have many great electronic safety and entertainment features. Where the Corolla differs from its rivals is in the user-friendliness of its tech options. Corolla interior take a minimalist approach to design, keeping controls and unnecessary bells and whistles to a minimum. Whether you are a banker or a fashion designer, this car would match your need. The end result is practical technology that is easy to use and helpful to the driver and passengers.
Safety
The Corollas are well known for being safe. For instance, the 2016 model has a perfect five-star overall crash safety test certified the American Traffic Safety Administration. The American Institute for Highway Safety gives Corolla its highest destination of good for nearly all crash test evaluations. This is not the first time Corolla has emerged top, and most likely won’t be the last. Families can trust the Toyota Corolla to help them arrive safely at their destination, wherever it may be.
The Corolla Reputation
The Toyota Corolla made its debut in 1966. The Toyota corporate brass had just two missions for designers of the vehicle – make it dependable and inexpensive. Toyota designers did both, allowing the vehicle compete outside Japan in United States and other markets. The car brand first took the crown for being the world’s best-selling car in 1974 and has regularly claimed the first spot many times since then, and Toyota continues to improve the Corolla with each design generation, while keeping the core values that fuelled the Corolla’s success in mind. In 2018, Corolla sold 1.03 million units, up 2 percent from the previous year. The Corolla’s biggest markets are in the China and United States, accounting for 84 combined percent share

Ololade Akinmurele a seasoned journalist and Deputy Editor at BusinessDay, holds a crucial position shaping the publication’s editorial direction. With extensive experience in business reporting and editing, he ensures high-quality journalism. A University of Lagos and King’s College alumnus, Akinmurele is a Bloomberg-award winner, backed by professional certifications from prominent firms like CitiBank, PriceWaterhouseCoopers, and the International Monetary Fund.

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