The price of a 1998 Toyota Corolla varied based on the model and condition, but it typically ranged from about $12,000 to $15,000 when new. In the used car market, prices would depend on mileage and condition, generally falling between $2,000 and $5,000 by the early 2000s. As of recent years, prices for well-maintained models can still be around $2,000 to $3,500.
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