Released in September 1989, it was the luxury hardtop version of the Corona and was introduced to emulate the twin Carina ED.

The original Corona EXiV was a genuine four-door hardtop without a B-pillar connecting the rear door support to the roof.

Toyopet Store dealerships added another luxury sedan to the list on 9 October 1989 when the Toyota Celsior was made available.

Some of the optional features included a MOMO leather-wrapped steering wheel with matching manual transmission gearshift handle and matching 14" alloy wheels, keyless remote entry, anti-lock brakes, a driver-side airbag, and a six-disc CD player installed in the trunk added to the AM/FM Stereo cassette player.

The speed-sensitive power steering was linked to the ECT-S automatic transmission and TEMS, so performance and handling could be changed for spirited driving.

[1] The Corona EXiV benefited from the sleek styling of the 1993 Toyota Supra A80, including the interior, form-fitting seats, and the wrap-around dashboard.

Other options included remote keyless entry, front and rear parking sensors, and a cabin air filter.

[1] TOM'S appearance items replaced the previous MOMO equipment, adding special alloy wheels, leather-wrapped steering wheel, and automatic transmission gear selector, while the manual transmission knob was stainless steel, and vehicles equipped have a badge on the front fender below the all-new side turn signal indicator.