GR Corolla Pricing Confirmed! (Is This Too Much???)
A top-spec 2023 Toyota GR Corolla Morizo with the matte finish Smoke paint color (pictured) tops out at nearly $53,000! Would you pay that much for a track-ready Corolla?
Earlier today our friends at Toyota USA confirmed 2023 GR Corolla pricing. Toyota’s new hot-hatch, the third Gazoo Racing branded vehicle in a growing lineup, boasts 300 peak horsepower, up to 295 lb.-ft. of torque, and a manual-only transmission. With a configurable all-wheel-drive system designed to split torque three ways (60-40 front, 50-50, and 30-70 rear), Toyota appears to have created an enthusiast-focused, yet practical street car that can also hang out on track.
And it all starts at just under $37,000, including Dealer Processing & Handling.
But before we do a deep dive on the pricing (feel free to scroll down if you’re in a rush), a quick word on the 2023 GR Corolla, 2023 GR Supra MT (manual transmission), and 2023 Lexus RX. Lexus and Toyota recently hosted ClubLexus at two media drive events and we’ll be sharing our first impressions as follows —
- September 7 – Toyota GR Supra manual
- September 9 – Lexus RX
- September 14 – GR Corolla
We tested both the GR Supra manual and the GR Corolla on track at the Utah Motorsports Campus. And we drove five different RX variants on some twisty California mountain roads. We can’t wait to share more!
2023 GR Corolla Full Pricing
Toyota plans to offer three models for the 2023 model year. The GR Corolla Core is the base model and most affordable. But it’s pretty easy to spec one up with the performance and tech goodies that come standard on the higher trims.
The Circuit edition is the mid-tier trim. A one-year-only model, the Circuit edition includes front-and-rear Torsen differentials, an upgraded sound system, a forged carbon fiber roof, extra aero and hood ventilation, and heated sport seats with red stitching.
Lastly, Toyota there’s the top-spec Morizo edition GR Corolla. Named after the President of Toyota’s racing driver alias, the Morizo edition includes everything from the Circuit edition and bumps torque from the base 273 lb.-ft. to 295, revises the manual transmission gearing, adds structural rigidity, and drops 100 lbs (versus the Circuit Edition). The Morizo also features wider, stickier Michelin Pilot Sport Cup 2 tires, which are track tires that are barely legal on public roads. (They’re wonderful tires, but don’t drive them in the rain or on cold days). But the Morizo edition also deletes rear seating in favor of weight reduction and more structural bracing.
Here’s how the pricing breaks down —
Core
- Base MSRP – $35,900
- Dealer Processing & Handling – $1,095
- Performance Package – $1,180
- Technology Package – $770
- Cold Weather Package – $500
- Supersonic Red Paint- $425
- Top price: $39,780
Circuit
- Base MSRP – $42,900
- Dealer Processing & Handling – $1,095
- No packages available
- Supersonic Red paint- $425
- Heavy Metal paint – $425
- Top price: $44, 420
Morizo
- Base MSRP – $49,900
- Dealer Processing & Handling – $1,095
- No packages available
- Smoke (matte finish) paint – $1645
- Windchill Pearl paint – $425
- Top price: $52,640
What do you think about the 2023 GR Corolla Pricing?
300 horsepower in a car weighing under 3,300 pounds is a pretty good receipt for fun-having. Toss in the four-door hatchback practicality of the Corolla family and you’ve got yourself a car for almost any occasion. And, starting at under $37,000 for a no-option Core edition seems to be pretty aggressive pricing.
But how much would you pay for the higher-level trims (even before dealer markups become a threat)?
At nearly $53 grand, the Morizo edition offers the most performance at the highest cost while dropping a good deal of practicality by deleting the rear seat. Plus, at that price, and if you’re limited to a two-seater, does it make more sense to get base GR Supra 3.0?
Let us know your thoughts HERE in the ClubLexus forums!
Photos: Toyota USA & Michael S. Palmer