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2002 Chevrolet Prizm Overview, Reviews, Ratings & Specs

Rating: 4.08
Based on 12 Owner Reviews â–¶
Simon A | March 31, 2025
The 2002 Chevrolet Prizm is a compact sedan, essentially a rebadged Toyota Corolla. Produced from 1998 to 2002, it's known for its reliability and fuel efficiency. Key trims included the base and LSi. Pricing when new ranged from approximately $13,000 to $16,000. Its popularity stemmed from offering Toyota's dependable engineering with Chevrolet's badge, making it an affordable and trustworthy choice for budget-conscious buyers.
The Good

The 2002 Chevrolet Prizm offers exceptional reliability and fuel efficiency, appealing to practical buyers. Its comfortable ride and simple design provide a sense of familiarity. While not exhilarating, its adequate performance makes it a sensible and trustworthy option, delivering peace of mind and value for money.

The Bad

The 2002 Chevrolet Prizm can suffer from clear coat failure, especially in warmer climates. Potential buyers should inspect for rust, particularly around the wheel wells and undercarriage. The interior is basic and may show wear and tear. While mechanically sound, be mindful of higher mileage examples potentially needing suspension work or minor repairs.

2002 Chevrolet Prizm: Quick Overview

  • Engine Options: 1.8L Inline-4
  • Horsepower: 125 hp @ 5,200 rpm
  • Fuel Economy:
    • City: 24-27 mpg
    • Highway: 31-34 mpg
  • 0-60 Times: Approximately 9.5 seconds
  • Towing Capacity: Not recommended or rated for towing.
  • Trim-Level Features:
    • Base: Included standard features such as air conditioning, AM/FM radio, and basic cloth upholstery. Manual transmission was standard, with automatic available as an option.
    • LSi: Added features such as upgraded interior trim, power windows and locks, and a premium sound system. Often included features such as cruise control and sometimes alloy wheels.
  • Transmission:
    • 5-speed manual
    • 4-speed automatic
  • Safety: Standard dual front airbags. Anti-lock brakes (ABS) were often optional or included in the LSi trim.

2002 Chevrolet Prizm Specifications

Vehicle Information
Year 2002
Make Chevrolet
Model Prizm
Trim -
Style Sedan 4-Speed Automatic
Type Sedan
Category Compact Car
Manufacturing Details
Made In United States
Manufacturing City FREMONT
Dimensions
Doors 4-Door
Curb Weight 2442 pounds
Gross Vehicle Weight Rating -
Overall Height 53.70 inches
Overall Length 174.20 inches
Overall Width 66.70 inches
Wheelbase Length 97.00 inches
Standard Seating 5
Engine & Performance
Engine 1.8L L4 DOHC 16V
Engine Size 1.8L
Engine Cylinders 4
Transmission 4-Speed Automatic
Transmission Type Automatic
Transmission Speeds 4-Speed
Drivetrain Front-Wheel Drive
Additional Features
Anti-Brake System Non-ABS 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $14,330
Invoice Price $13,642
Delivery Charges $510

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Analysis

What Problems Does the 2002 Chevrolet Prizm Have?

The 2002 Chevrolet Prizm benefits from Toyota's reliable engineering but isn't immune to issues. Common problems reported include clear coat failure, particularly in sunny climates, leading to a faded or peeling paint finish. Some owners have reported issues with the oxygen sensors, which can affect fuel economy and trigger the check engine light. Minor oil leaks, especially around the valve cover gasket, are also occasionally reported in higher-mileage examples. Interior components, while durable, can show signs of wear, such as cracked dashboards or worn upholstery.
Recalls for the Prizm were relatively rare, but it's advisable to check the NHTSA website for any outstanding recalls related to safety or emissions. Long-term reliability is generally good, thanks to the Toyota Corolla underpinnings. However, like any older vehicle, regular maintenance is crucial to prevent major issues. Concerns typically revolve around wear-and-tear items like suspension components (struts, shocks), brakes, and the timing belt (if not already replaced as part of routine maintenance). Overall, the 2002 Prizm is a solid choice, but a thorough inspection is recommended before purchasing, paying close attention to the paint condition, engine for leaks, and overall maintenance history.

How long will the 2002 Chevrolet Prizm last?

With proper maintenance, a 2002 Chevrolet Prizm can easily reach 200,000 miles or more. Many owners report achieving 250,000 to 300,000 miles with diligent care. Longevity hinges on timely oil changes, coolant flushes, and replacement of wear items like belts and hoses. Long-term durability is a strong point, thanks to the robust Toyota engine and transmission. However, potential weaknesses over time include rust (especially in regions with road salt), suspension wear, and degradation of rubber components. Clear coat failure is also a common issue affecting appearance but not necessarily mechanical reliability.

What Technology & Safety Features are Included?

The 2002 Chevrolet Prizm was a basic vehicle for its time, lacking advanced tech features common in modern cars. Built-in tech and entertainment were minimal. Standard features usually included an AM/FM radio with a cassette player. The LSi trim sometimes offered a CD player upgrade. Driver-assistance features were non-existent.
Safety features were also fairly basic. Standard equipment included dual front airbags. Anti-lock brakes (ABS) were often an optional feature, particularly in the LSi trim. Side airbags were not available. Crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) can be found online. It typically received reasonably good ratings for frontal crash protection for its class, though side-impact protection was less impressive, as was typical for vehicles of that era. Overall, the Prizm prioritized affordability and reliability over cutting-edge technology and advanced safety systems. Its appeal lay in its simplicity and dependability rather than its features list. Its age also means that any modern infotainment or driver assistance features would need to be aftermarket add-ons. Power windows, power locks, and cruise control were often only found on the LSi trim.

What Colors Options are Available?

Exterior Colors
Summit White
Black
Silver Metallic
Superior Blue Metallic
Dark Green Metallic
Interior Colors
Light Beige
Dark Charcoal

2002 Chevrolet Prizm Prices and Market Value

When new, the 2002 Chevrolet Prizm had a base price ranging from approximately $13,000 to $16,000, depending on the trim and options. In today's used market, prices typically range from $2,000 to $5,000, depending on condition, mileage, and location. Depreciation has been significant due to its age. Resale value is affected by factors such as mileage, overall condition (rust, paint), and maintenance history. Examples with lower mileage, well-maintained engines, and rust-free bodies command higher prices. The Toyota connection adds to its desirability, potentially increasing its resale value compared to other similar-aged compact cars.

2002 Chevrolet Prizm Cost of Ownership

The 2002 Chevrolet Prizm is generally very economical to own. Insurance costs are typically low due to its age and value. Fuel economy is excellent. Maintenance is affordable due to readily available parts and relatively simple mechanicals. Repairs are usually inexpensive, and the car is known for its reliability, reducing the likelihood of major issues. Long-term ownership costs are minimal, making it a budget-friendly choice for those seeking affordable transportation. It's one of the cheapest cars to maintain due to its Toyota lineage.

2002 Chevrolet Prizm Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 13.20 gallons
City Mileage 29 miles/gallon
Highway Mileage 33 miles/gallon

2002 Chevrolet Prizm Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Rear Crash Protection/Head Restraint Ratings Not Tested
Moderate Overlap Front Test Results Acceptable
Side Impact Test Results Not Tested

2002 Chevrolet Prizm Warranty

Basic
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Powertrain
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Rust
Original warranty 72 months / 100,000 miles
Estimated remaining Expired

2002 Chevrolet Prizm Insurance

Insurance for a 2002 Chevrolet Prizm is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2002 Chevrolet Prizm Compare to Other Sedan?

The 2002 Chevrolet Prizm's main rivals included the Honda Civic, Toyota Corolla (its twin), Nissan Sentra, and Ford Focus. In terms of performance, the Prizm was adequate but not sporty, similar to the Corolla and Sentra, but less engaging than the Civic or Focus. Features were basic across the board, with the Prizm offering similar levels of equipment to its competitors. However, reliability is where the Prizm (and Corolla) stood out. Its proven Toyota drivetrain gave it an edge over the Ford Focus, which was known for some early reliability issues.
Price-wise, the Prizm was competitive, often slightly cheaper than the Civic or Corolla. If reliability is the top priority, a Toyota Corolla from the same year is a virtually identical alternative, and parts are readily available for both. The Honda Civic offers a more engaging driving experience but might be slightly more expensive to maintain. The Nissan Sentra provides a similar level of practicality and affordability. The Ford Focus, while potentially cheaper upfront, may require more maintenance over time. Overall, the Prizm and Corolla are tough to beat for dependable, no-frills transportation at a low cost. If driving enjoyment matters more, the Civic is a worthwhile alternative.

Ranks #1289 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (4.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
1289 2002 Chevrolet Prizm (5.0★)

Final Verdict: Is the 2002 Chevrolet Prizm a Good Sedan?

The 2002 Chevrolet Prizm is an ideal choice for budget-conscious buyers seeking reliable and economical transportation. It's well-suited for students, commuters, or anyone prioritizing affordability and low running costs over luxury or performance. Whether it's worth buying depends on its condition and price. Given its age, only used models are available. A well-maintained example with lower mileage and minimal rust is a good buy. The LSi trim offers a few more convenience features, but the base model is equally reliable. A pre-purchase inspection by a trusted mechanic is highly recommended to assess its overall condition and identify any potential issues. If found in good shape, a 2002 Prizm represents excellent value for money as a dependable and inexpensive used car.

2002 Chevrolet Prizm Owner Reviews

4.08
Consumer Rating, Based on 12 Consumer Reviews
Overall rating
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i work for a major corporation as a material handler. on April 8, 2022

i knew when i bought the prism, it was a gm built

i bought a 2002 prism, from my mechanic, with 17,000 miles and drove it 187,000 miles, only got rid of it because mass. sales tax was going up and i turned it in for a brand new 2009 honda fit, which i drove 251,000 miles.

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Tina N.C Steelers Fan on September 23, 2020

The most reliable car I've owned and wants to own.

This car is great , everything from top to bottom , front and back inside and out on top and underneath the hood is just great love it buy you one real fast then you will see what I'm talking about ok ,

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Tina N.C Steelers Fan on September 23, 2020

I still own my 02 Prizm love it.

My 02 prizm is a great reliable car, its good on gas , i brought it at 62, 000 miles and did a oil change it's at 64,000 now and oil is still good in it , great tires , everything under the hood is great and in great working conditions . The only thing is no electric windows or locks you have to do it yourself , other then that perfect car yes old but you can't tell it run better than some of these 2017's and 18's and 20's cars , I just love it get one real soon if you can find one.

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Squeakers on March 18, 2019

Moves smoothly on the road.

Very good on Gas. $20 a week!. I drive 36 miles to work per day. That totals 180 miles a week !. Very reasonable too!.

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nikki on March 18, 2017

2002 Chevy Prizm

I bought it used with over 130,000 miles with only minor problems and the repairs are really affordable.

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Happy Prism Owner on March 5, 2010

01 Chevy Prism

I bought my Prism used with 17,000 on it for roughly $8,500. It now has 228,000 miles on it, is paid for, and I hope to baby it over 300,000 miles. It has been the best car I have ever owned. The only problems I have had with the car relate to normal wear and tear, mostly brakes. That and I do have to replace the driver's side door handle. But, if these are the biggest problems I've had, I'd say the car has done pretty well. I think with any car, routine maintenance is really important. I change the oil regularly, use 5W30 and have not had to change to synthetic. I don't plan to. With gas prices going up as they are, my husband and I are actually looking for another Prism right now. Great car, would recommend it to anyone.

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Raider Nation on November 7, 2008

A Toyota Corolla in Bowtie clothing

I bought a 1999 Prizm because Consumer Reports magazine said that this IS a Toyota Corolla. GM (and remember GEO?) bought thousands of these cars from Toyota and re-badged them. Better yet, you can buy this car cheaper than a same year Toyota Corolla. Even the Haines Repair Manual for my Prizm says Toyota Corolla.

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beagle boy on January 9, 2008

Carry extra quarts!

This car is using about a quart of oil a week. No signs of leaks. No noticeable blue smoke. This seems to be problematic to '01 and 02 Prizms

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Car Driver on November 19, 2007

Extremely reliable car

This car is definitely comparable to the Toyota Corolla. I cannot tell the difference by looking at them. I also owned a Toyota and this Prizm handles just the same as the Toyota. It is a very peppy little car. I like it a lot!

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Collegeguy1979 on April 10, 2007

Great Gas MPG, Toyota Reliability!!

how could you not go wrong buying this car, the only draw back to buying the Prism vs. the Corolla, is the little bit of resale value you lose when buying a chevrolet. I have a '02 Lsi with 142,000 miles on it, still going strong, hope to put over 300,000 on it, just to prove the friends wrong. I use Mobil One 5w30 fully synthetic motor oil, great stuff! As a college student, this car is great to pass them gas stations up. I would highly recommend a prism/corrolla to anyone I know. Back seat is a little cramped when piling tall friends in the car.

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Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.