To estimate the price of the 2023 Toyota Corolla 1.6L XLI XLI HEV (Base), I first looked at the new car prices for similar variants. The 2024 Toyota Corolla 1.6L XLI starts at AED 74900. Given that the car in question is a 2023 model, I applied a 10% depreciation for one year, resulting in an estimated value of AED 67410. Next, I considered the offers accepted by sellers for similar cars. A 2023 Toyota Corolla XLi 1.6L I4 with 4812 km had an offer accepted at AED 71000, and a 2023 Toyota Corolla XLi I4 2.0L with 85800 km had an offer accepted at AED 50000. Given the mileage and condition of the car in question (38060 km), I adjusted the price estimate to be closer to the higher end of the accepted offers but slightly lower due to higher mileage compared to the first offer. Therefore, I estimated the market price to be AED 67000.