Toyota Corolla vs Volvo V40
What's the difference?

Toyota Corolla

$29,990 - $46,990

2025 price

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Volvo V40

—

2018 price

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Mercedes-Benz A-Class

Mercedes-Benz A35

Mercedes-Benz A45

Mercedes-Benz CLA

Mercedes-Benz CLA-Class

Summary

2025 Toyota Corolla

2018 Volvo V40

By Tim Nicholson

By Laura Berry

Safety Rating

Engine Type

Inline 4, 1.8L

Turbo 4, 2.0L

Fuel Type

Unleaded Petrol/Electric

Premium Unleaded Petrol

Fuel Efficiency

4.0L/100km (combined)

5.6L/100km (combined)

Seating

Likes

Fuel efficient
Fun to drive
Cheap to run

Great looks
Responsive, torquey engine
Simple to use interior controls

Dislikes

Cabin not as practical as rivals
Tiny boot volume
Ageing interior

Small boot
Limited rear legroom
No Apple CarPlay

2025 Toyota Corolla Summary

Up until 2024 when its title was nabbed by the Tesla Model Y, the humble Toyota Corolla has been the world’s best-selling car for quite some time.

A reputation for reliability, affordability, efficiency and in its current guise, being fun to drive, the Corolla has seen off all comers to retain the title of the most popular small car on Earth.

The current twelfth-generation Corolla is now seven years into its life cycle having landed in mid-2018. In that time scores of buyers have moved across into small SUVs, and the Corolla’s competitor set has shrunk dramatically as car brands pull out of the small passenger car segment.

But as we gear up for the next-gen Corolla, is the existing one still worth considering against some newer rivals? And should you look at this instead of a small SUV?

I lived with the mid-range Corolla SX hatchback for a week to find out.

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2018 Volvo V40 Summary

I miss my old phone. Sure, my new phone has a bigger screen and it’s smarter and faster, but my previous phone was smaller and easier to use, and now when I go to do a screen shot I accidentally hit the volume button every time.

What I really want in a phone is a new version of the old one – and I have a feeling people may feel the same way about the 2018 Volvo V40.

Some time next year the completely new generation V40 is expected to arrive and there will be some things I’ll miss about the old one. So, this really is your last chance to buy a new ‘old’ Volvo V40.

In a last-hurrah review, I road tested the V40 in the Inscription grade with the T4 petrol engine. What’s so 'missable' about it? Read on to find out.

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Deep dive comparison

2025 Toyota Corolla 2018 Volvo V40

Verdict

The final score for this review makes it look as though the Corolla is a middling effort. The scores for each individual section of the review are well considered and fair. The Corolla does lack the practicality of some of its rivals. A lack of an ANCAP rating isn’t great and the powertrain is just okay. But it remains one of the most fun-to-drive hatchbacks on the market today, even seven years into its life, and I would wholeheartedly recommend the Corolla to anyone looking for a small car. If you can forgive some of the quirks, it is a reliable, adorable, fun and efficient small car favourite.

Verdict

I’m going to miss this V40 like I do my old phone, and for many people this hatch really could really be close to perfect: excellent safety equipment, enjoyable to drive, cool prestige styling and some lo-fi buttons and dials that are far easier to use than swiping a screen. This is your last chance to own an old, new V40.

Toyota Corolla vs Volvo V40 What's the difference?

Summary

Deep dive comparison

Verdict

Verdict

Toyota Corolla vs Volvo V40
What's the difference?