These are not the best of times for fans of cheap speed. Here in 2023, cars are more expensive than ever; the pandemic-related supply crunch may have largely passed, but average transaction price for a new vehicle hovers around $48,000. Used car pricing has also softened from its COVID-era insanity, but most desirable models are still trading for more than they were before 2020.
Making matters worse, car companies these days are chasing higher margins as they brace themselves for expensive forced market shifts to electric propulsion, which by and large means they’re concentrating on SUVs and trucks rather than the small sedans, coupes and hatchbacks that make the basis for cheap speed machines.
A few brands, though, are attempting to keep the torch alight as best they can. Honda may not offer the Q-shop Accord 2.0T anymore, but you can still snag a variety of sporty Civics for a reasonable price. Subaru may have tossed the STI name aside for the time being, but you can still snag a WRX for under $30,000. Mazda’s Mazda3 2.5 Turbo model packs near-luxury accoutrements with hot hatch pep for those whose lives have outgrown the MX-5 Miata. And, starting for the 2023 model year, you can grab a Toyota hatchback with all-wheel-drive, a manual gearbox and a demon of a tiny turbocharged engine: the GR Corolla.
2023 Toyota GR Corolla: What We Think
The GR Corolla delivers exactly what it promises: tons of thrills and enough practicality to make it a reasonable primary car for many driving enthusiasts. It’s a little on the small size even for a compact car, which limits its usability — it’s best treated as a 2+2 rather than a true four-seater. Still, its tenacious grip, playful handling, delectable turbocharged engine and manual gearbox combination make it an ideal plaything for the price … assuming, of course, you manage to find one at or close to the MSRP, which can be an issue in and of itself.
The Toyota GR Corolla brings the fun you would hope

The heart of the GR Corolla is small but mighty: a 1.6-liter turbocharged inline-three that’s also found in the even smaller, not-made-for-U.S.-shores GR Yaris hatchback. For the slightly larger Corolla, however, the three-pot gains a little power; it makes 300 horses here, up from 268 in the Yaris. (Credit a revised exhaust system for some of the increase, as well as a few other tweaks here and there.) Torque remains unchanged from the GR Yaris, at 273 lb-ft … but considering this Corolla weighs in at under 3,300 pounds, that’s hardly cause for concern.