Official Toyota photo of 2027 Corolla sedan with first-gen Corolla on a mountain road

Toyota Priced the 2027 Corolla LE at $23,325 and Left Out the Clutch

Toyota priced the 2027 Corolla LE at $23,325. That is the starting MSRP on Toyota’s official Corolla 60th Anniversary press kit. The Dealer Processing and Handling fee is $1,295 on the same sheet. Tax, title, license, and other dealer fees are extra. The factory book lists a Dynamic Shift continuously variable transmission on every gas Corolla sedan. No three-pedal row.

Official Toyota photo of 2027 Corolla sedan with first-gen Corolla on a mountain road
Image courtesy of Toyota.

No clutch in the book

This is the clutch graf, and Toyota printed the opposite of a stick. Gas LE, SE, and XSE sedans use a standard Dynamic Shift CVT with a physical launch gear, then the pulley system. Hybrids use an electronically controlled CVT (ECVT). The official Product Information sheet does not list a manual gearbox on the 2027 Corolla sedan. If you want three pedals in a Corolla-shaped Toyota, that path is still the 2026 GR Corolla (iMT available) or the GRMN Corolla (iMT only).

Official Toyota photo of 2027 Corolla sedan front three-quarter in motion
Image courtesy of Toyota.

The official number board

Toyota’s Aug. 18, 2026 kit puts MSRPs (excluding the $1,295 DPH fee) at:

  • Corolla LE: $23,325
  • Corolla SE: $25,765
  • Corolla XSE: $29,040
  • Corolla Hybrid LE: $25,175
  • Corolla Hybrid SE: $27,615
  • Corolla Hybrid XLE: $29,540
  • Corolla Hybrid LE AWD: $26,575
  • Corolla Hybrid SE AWD: $29,015

Gas cars use a 2.0-liter Dynamic Force four-cylinder rated at 169 horsepower and 151 lb-ft. Toyota estimates 32 city / 41 highway / 35 combined MPG for the LE. Hybrids pair a 1.8-liter with Toyota Hybrid System 5 for 138 horsepower net; Hybrid LE FWD and Hybrid XLE are estimated at 53/46/50 MPG. Electronic On-Demand AWD is available on Hybrid LE and Hybrid SE. The sedan lineup is expected at dealerships this fall.

Official Toyota photo of 2027 Corolla XSE sedan front three-quarter studio shot
Image courtesy of Toyota.
Official Toyota photo of 2027 Corolla sedan
Image courtesy of Toyota.

2,500 cars for the 60th

The 2027 Corolla 60th Anniversary Special Edition is limited to 2,500 units in the U.S. It is based on the Hybrid SE grade, with exclusive 18-inch machined black-finished alloy wheels, 60th Anniversary badging, door sill plates, and floor mats. Paint choices called out in the kit: Ice Cap and Supersonic Red (a Corolla sedan first). Toyota says the Special Edition arrives early 2027, with pricing announced later. Until that sticker drops, the cheapest door into the sedan book remains the LE at $23,325.

Official Toyota photo of 2027 Corolla 60th Anniversary door sill and floor mats
Image courtesy of Toyota.
Official Toyota photo of 2027 Corolla 60th Anniversary sedan lifestyle banner
Image courtesy of Toyota.

Related Autogonzo: the 2027 Corolla Hatchback kit also listed only a Dynamic Shift CVT. The stick-shift Corollas live on the GR side of the garage.


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