Slideshow: 2020 Toyota Corolla

2020 Toyota Corolla is a capable compact at a budget-friendly price

The Toyota Corolla checks many of the boxes for the average car buyer.

Photo courtesy of Toyota Motor Corporation

The Toyota Corolla checks many of the boxes for the average buyer. It's well-appointed, even in lower grades, rides smoothly, and has a budget-friendly price tag. It also includes modern technology like Apple CarPlay and is available as a hybrid.

This slideshow features photos of the 2020 Toyota Corolla LE, 2020 Toyota Corolla SE, 2020 Toyota Corolla XLE, and 2020 Toyota Corolla XSE.

2020 Toyota Corolla LE

Photo courtesy of Toyota Motor Corporation

The Corolla LE is powered by a 1.8-liter four-cylinder engine.

2020 Toyota Corolla SE

Photo courtesy of Toyota Motor Corporation

The 2020 Corolla comes standard with a 2.0-lliter four-cylinder engine.

2020 Toyota Corolla XLE

Photo courtesy of Toyota Motor Corporation

The Toyota Corolla XLE is a top-tier model with premium upgrades throughout the cabin.

2020 Toyota Corolla XSE

Photo courtesy of Toyota Motor Corporation

The XSE trim is the Corolla's top sport-like trim level.

The 2020 Toyota Corolla is on sale now.

Cadillac is moving the car buying experience into an interactive video-based platform as the brand works to gain new customers.

Photo courtesy of Cadillac

Edmunds.com is predicting hat sales of used cars will rise through 2020. At the same time, used car prices are expected to decline. That's a recipe for success for used car buyers according to Carvana. The online used vehicle retailer is predicting four trends for used car shoppers.

Mainstream Cars Stay Hot

Carvana believes that demand for used cars from mass-market brands like Honda, Toyota, and Nissan will continue. In 2019 small and mid-sized cars showed the strongest price appreciation in the used-vehicle market, a trend that is expected to continue in 2020.

Consumers Choose Quality Over Everything

According to Carvana, "A recent study from Brandwatch asked consumers what attributes were most important for brands in the auto industry, quality was the most popular option with 30% of the vote. Affordability followed, with 21% of respondents choosing it as the most important attribute. Carvana has more than 8,000 cars available on their site for local buyers priced under $15,000."

Customers Continue to Get Comfortable Shopping Online

If there's one thing America can agree on, it's not politics. It's that they generally hate going to car dealerships. Shopping for vehicles online has grown tremendously over the past decade and Carvana expects that to continue, a trend driven by the ability for customers to "do it all" from financing to browsing to scheduling delivery without ever having to talk to a salesperson.

According to Carvana, 75% of car buyers are willing to purchase a car online and 97% of car buyers do online research before a purchase.

The Digital Economy Will Continue to Transform Car Buying

Technology is making it easier than ever to buy a car. New online initiatives like Cadillac Live allow customers to talk to a salesperson without leaving their couch. Getting a 360-degree view of the vehicle is possible thanks to sights from most manufacturers, and CarFax offers reports on used vehicles.

The Toyota RAV4 Hybrid is one of the winners of the U.S. News & World Report 2020 Best Cars for the Money awards.

Photo courtesy of Toyota Motor Sales, U.S.A., Inc.

It isn't just about which cars are good. For many buyers, it's about reaching the perfect blend of good, fuel efficient, and bang for your buck. The annual U.S. News & World Report Best Cars for the Money awards rates many of those factors, and more.

"Cars with low price tags aren't always good values," said Jamie Page Deaton, executive editor of U.S. News Best Cars. "A cheap car can have high ownership costs, making it more expensive in the long run. Plus, a lot of inexpensive cars don't give you a great ownership experience; it's not a good deal if it's not a good car. Every Best Car for the Money winner is a pleasure to own and a good value overall."

Within each class, the award winner has the best combination of quality and value. U.S. News & World Report measured quality using a car's overall score in the U.S. News Best Car Rankings. The overall score is based on safety and reliability data, as well as the collective opinion of the automotive press on a given model's performance and interior and how strongly each reviewer recommends the car. They measured value by looking at each model's real-time transaction prices, provided by TrueCar, and five-year total cost of ownership data, calculated by Vincentric.

Covering 11 categories, the awards highlight the cars, SUVs ,and minivans that give drivers the best combination of quality and value in their respective classes.

Here are the winners.

Best 2-Row SUV for the Money: 2020 Hyundai Santa Fe

2020 Hyundai Santa Fe

Photo courtesy of Hyundai Motor America

Best 3-Row SUV for the Money: 2020 Kia Sorento

2020 Kia Sorento

Photo courtesy of Kia Motors

Best Compact Car for the Money: 2020 Kia Forte

2020 Kia Forte

Photo courtesy of Kia Motors

Best Compact SUV for the Money: 2020 Honda CR-V

2020 Honda CR-V

American Honda Motor Co., Inc

Best Hybrid and Electric Car for the Money: 2020 Toyota Corolla Hybrid

2020 Toyota Corolla Hybrid

Photo courtesy of Toyota Motor Sales, U.S.A., Inc.

Best Hybrid and Electric SUV for the Money: 2020 Toyota RAV4 Hybrid

2020 Toyota RAV4 Hybrid

Photo courtesy of Toyota Motor Sales, U.S.A., Inc.

Best Large Car for the Money: 2020 Chevrolet Impala

2020 Chevrolet Impala

Photo courtesy of Chevrolet

Best Midsize Car for the Money: 2020 Toyota Camry

2020 Toyota Camry

Photo courtesy of Toyota Motor Sales, U.S.A., Inc.

Best Minivan for the Money: 2020 Kia Sedona

2020 Kia Sedona

Photo courtesy of Kia Motors

Best Subcompact Car for the Money: Honda Fit

2020 Honda Fit

American Honda Motor Co., Inc

Best Subcompact SUV for the Money: 2020 Kia Soul

2020 Kia Soul GT-Line Turbo Photo courtesy of Kia Motors