The 2012 Toyota Corolla is available as a 4-door, 5-seat sedan. Starting at $16,130, the 2012 Toyota Corolla L (M5) is powered by a 1.8L , 4 -cylinder engine mated to a manual transmission that returns an EPA estimated 27-mpg in the city and 34-mpg on the highway. The top of the line 2012ToyotaCorollaLE (A4) , priced at $ 17,910 , is powered by a 1.8L , 4 - cylinder engine mated to an automatic transmission that returns an EPA estimated 26-mpg in the city and 34-mpg on the highway.