This car is one of the best cars with the strongest engine I have ever owned. It is completely reliable and it can definitely get you anywhere you want to go.
The only major problem with the car is the starter, and also the location of the starter. I believe in most models it is beneath the engine, as oppose to being on the top in other car types. It kept conking out on me every so often. I've run into a lot of Toyota owners with this particular model and year and they all seem to have the same problem as I did. I also found out from other mechanics that the starter was usually faulty in Corollas. Even still, the repair costs and the actual starter itself won't run you that much.
Roominess is another factor to consider when getting a car like this. It's practically a compact car, so if you have a family, I wouldn't recommend it. Also, the space isn't easy on taller individuals like myself. It's not a lot of head room, but you'll get over that the more you drive it.
I bought the car at a very high mileage and it practically ran like new!!! It's a shame I totaled it in a wreck. Why me!! However, even after I totaled it, the engine was still used!