This car eats rear wheel bearings. The first 3 were replaced under warranty. When I brought it in for the first one, the dealer was shocked "Everyone knows that it's the front bearings that are trash". Replaced 5 (3 left, 2 right) in the first 70,000 miles. The last set is holding so far. Oh, and replaced both front wheel bearings between 80 and 90,000.
It also has a hankering for brake parts. New pads every 20,000 miles, new rotors at the same time more often than not.
The front sub frame rusted out, resulting in the left front wheel coming off (fortunately while backing out of a parking space, so essentially at 0 speed when it happened) at about 110K miles. The dealer fixed it for free and in a timely manner, as it was a recall item.
I like the car a lot. When we needed a 4 door hatch/small wagon, it was the only car on the market in that price range we could find with a manual transmission and ABS brakes. When my wife saw the leather interior she snorted "Who puts leather in a tin can!". Now we're spoiled, having had the leather, and nothing in our price class currently does.
The leather interior has held up fantastically. I just cleaned it up for the trade, and while the plastic parts have some scratches and rubbed in dirt, the seats still look like new. Also, many people (including me) can't stand the new car plastic smell that Hyundai's have, but it was never an issue with this car.
It has not been trouble free, but it only stranded me once (broken sub frame), and has been relatively easy to work on. For cost of repairs and level of aggravation with them, it was probably a wash for savings on the initial purchase price. But again in January of 2002, there was no equivalent car in that size/price class.
It is not a sports car, but can get out of its own way. For the performance, I feel it should get better mileage, but over the life of the car, the average is just under 30 miles/US gallon. Not bad, since I live where you get winter blend gas 5-6 months a year.
I think it could get well over 160,000 miles if I put some work into it (wheel well corrosion, rear brake calipers, 1 rear strut), but I've gotten too good an offer to trade it in to make it worth the effort.
Roomy enough, that for the last 4 years I've been running a landscape gardening business out of it, hauling all my tools in the car as well as towing a trailer with up to a ton of mulch, soil, or tractor on it, as with trailer brakes, it will tow 3500 pounds.
If you find one with little/no rust, it's definitely worth a serious look.