2. Toyota Corolla
Trim: CE Sedan
Original MSRP: $14,055
KBB private party value: $5,550
Retained value 39.5%
While the Corolla was popular to begin with, a complete overhaul in 2003 made even the base model a sought-after commodity.
A new 130-hp 1.8-liter four-cylinder engine gave it more power, but didn't detract a bit from its impressive combined 32-miles-per-gallon fuel efficiency. This is even more impressive when you consider that the 2003 Corolla is larger and 50 pounds heavier than its 2002 predecessor.That gives the driver and passengers a whole lot of cabin space while increasing trunk space to nearly 14 cubic feet, which is on the larger side for a vehicle of this size. Most importantly, though, Toyota didn't shortchange its base-model customers and threw in air conditioning with micron filtration, a CD player, power steering, power mirrors, an outside temperature gauge, 60/40 split-folding rear seats and 15-inch wheels for their trouble. Though Toyota had an impressive nine vehicles on KBB's 30-vehicle list, the 2003 Corolla offers extraordinary value for its relatively scant asking price.