The only major thing that has and still goes wrong, is the tranny goes into third gear fail safe, mostly when wet out. I have been driving like this for over 2 years; it kills gas mileage, but drove 500kms one day like this, and still kept going.
Wheel bearing is going on the front, and brakes are the worst design ever; rotors behind the hub, so not always a cheap fix. The usual rust around the rear wheel wells is always a yearly fix, and parts are not always cheap, and are getting hard to find.
Not the greatest fuel economy for an around town car, but amazing on the highway when the tranny isn't acting up.
A/C is the coldest ever in a car, and is still working.
Handling is awesome in the snow with winters, and it corners pretty good with the right rim/tire combo.
Stereo never lets me down. CD/tape still work.
RPM gauge good to have, been a great little car and still is, but starting to show its age.
Wish GM around that time frame actually took a look at Hyundais page and started building cars like these back then. Funny, in 1998, Hyundai was starting to do things right, while GM sat on its butt and started building unreliable crap (I have a 2001 Alero also, and the build quality is subpar to the 1998 Elantra, go figure). They never should have stopped building the wagons or GT Elantra hatches.