Toyota has long been the industry leader for hybrid technology, and the Japanese automaker is still going strong with its lineup of hybrid models. While hybrids tend to be more expensive than their fully gas-powered counterparts, there’s an affordable option. It’s the 2023 Toyota Corolla Hybrid compact sedan, the cheapest new Toyota hybrid. The Corolla Hybrid is also the most reliable car, according to Consumer Reports.
2023 Toyota Corolla Hybrid is the cheapest new Toyota Hybrid car
With a starting price of $22,800 MSRP, the 2023 Toyota Corolla Hybrid is the cheapest new Toyota hybrid car. The next most affordable Toyota hybrid models are the 2023 Prius compact hatchback ($27,450 MSRP) and the 2023 Camry Hybrid midsize sedan ($28,335 MSRP).
Here are the cheapest new Toyota hybrid cars:
- 2023 Toyota Corolla Hybrid: $22,800 MSRP
- 2023 Toyota Prius: $27,450 MSRP
- 2023 Toyota Camry: $28,335 MSRP
- 2023 Toyota Prius Prime (plug-in hybrid): $28,770 MSRP
- 2023 Toyota RAV4 Hybrid: $30,725 MSRP
- 2023 Toyota Venza: $34,120 MSRP
- 2023 Toyota Sienna: $36,135 MSRP
- 2023 Toyota Crown: $39,950 MSRP
- 2023 Toyota Highlander Hybrid: $40,220 MSRP
- 2023 Toyota RAV4 Prime (plug-in hybrid): $42,340 MSRP
- 2023 Toyota Tundra Hybrid: $54,915 MSRP
- 2023 Toyota Sequoia: $58,365 MSRP
As you can see, Toyota has many hybrid models. There are even hybrids for the largest vehicles in the lineup. The Tundra full-size pickup offers an available hybrid engine, while the Sequoia full-size SUV comes standard with a hybrid powertrain. Also, there are plug-in hybrid variants with the Prius Prime and RAV4 Prime. However, the Corolla Hybrid is the most affordable hybrid of all.
Please note: Toyota will also offer the all-new 2023 Corolla Cross Hybrid crossover SUV. Its price information is not yet available, but you can expect around a $1,000-$2,000 premium over the fully gas-powered model ($23,060 MSRP).
2023 Corolla Hybrid is the most reliable car, according to Consumer Reports

In addition to being the cheapest new Toyota hybrid model, the 2023 Toyota Corolla Hybrid is very reliable. Following the annual Auto Reliability Survey, Consumer Reports named the Corolla Hybrid the most reliable car.
Here are the 10 most reliable cars, according to Consumer Reports:
- 2023 Toyota Corolla Hybrid
- 2023 Lexus GX
- 2023 Mini Cooper
- 2022 Toyota Prius
- 2022 Mazda MX-5 Miata
- 2023 Lincoln Corsair
- 2023 Toyota Corolla
- 2023 Subaru Crosstrek
- 2023 BMW 3 Series
- 2022 Toyota Prius Prime
Along with the Corolla Hybrid, two other Toyota hybrids made the Consumer Reports most reliable top 10 list: the Prius (4) and the Prius Prime (10). Also, the fully gas-powered version of the Corolla took the seventh spot. Additionally, CR named Toyota the most reliable car brand.
Furthermore, hybrid cars, as a whole, are the most reliable type of vehicle. They are more reliable than fully gas-powered cars and EVs. For the Auto Reliability Survey, in which Consumer Reports collected owner surveys for over 300,000 vehicles, there were fewer problems reported for hybrids than other vehicle types.
What’s the gas mileage of the 2023 Corolla Hybrid?
The primary attraction of hybrid cars is high fuel economy. And on this front, the 2023 Corolla Hybrid delivers. It gets an estimated gas mileage of up to 53 city/46 highway mpg. However, it’s worth noting that this is a drop in highway mpg compared to the 2022 version (up to 53 city/52 highway mpg).
The trade-off, though, is the upgraded 2023 model is more powerful, with an output of 134 horsepower and 156 pound-feet of torque. While that output won’t blow anyone away in a race, it’s a 13 horsepower and 51 lb-ft of torque increase compared to the outgoing model. Also, in 2023, the compact sedan offers the new Electronic On-Demand All-Wheel Drive system — for enhanced traction. Furthermore, the 2023 Corolla Hybrid is more affordable. In a rarity for these times of high inflation, it costs $1,250 less than the 2022 model.
If you want to get an efficient Toyota hybrid that’s not too harsh on your bank account, then check out the 2023 Toyota Corolla Hybrid. It’s the cheapest new Toyota Hybrid — and, according to Consumer Reports, the most reliable car available.