2019 Toyota Corolla Pricing and Specs

The space-saver from a non-hybrid Corolla should fit your car, provided it’s from a model from the same generation of Corolla. Don’t forget, though, you’ll also need the correct jack and wheel brace to change a tyre by the side of the road.

The bigger question perhaps, is where you’d store the spare tyre and tools on a Corolla Hybrid. The reason the hybrid model doesn’t have a spare tyre in the first place is that the hybrid’s batteries take up an awful lot of space under the boot floor, where the tyre would otherwise live. Meantime, having a tyre and tools rattling around loose in the hatch area is not only an inconvenience but, in a crash, could be potentially lethal.

A Volkswagen Golf that is already one year old will already have done a big chunk of its depreciating. The Corolla, on the other hand, will – like all brand-new cars – dump value like crazy. That said, both cars have a fair way to go in depreciation terms. Keeping them for just a year won’t help there, either, as you’ll effectively be maximising the amount you lose.

The trade regards the Corolla (as a Toyota) very highly and, as such, resale values tend to be better than a lot of cars. The VW Golf, meanwhile, still suffers from the stigma of the reliability problems many owners experienced and can be a little more difficult to unload without resorting to selling it to a wholesaler who will make you really understand what depreciation means.

Hi Sam, I can’t offer financial advice as to whether a lease, car loan, or private loan will be preferable for your individual situation. Leases have been a great way to get into a late-model car while assisting your tax situation, though you do have to be aware of balloon payments due at the end of the lease term. Also consider the value of the car once you’ve racked up plenty of kilometres up and down the M1 freeway each day getting to Newcastle. I’d suggest speaking to an accountant or financial advisor first.