Faults:

Seat belt light staying on during hot days.

Oxygen sensor needs changing. Killed the battery by leaving compartment light on. Replaced with Costco. Lasted since 150k.

Replaced compartment light with LED replacement.

Freaky incident; rear tailing melted the bulb holder and started a fire in the back while at a gas station. But was resolved by again using an LED replacement.

Front headlight used to die every 10k, but replaced with long lasting bulbs, the last set lasted 100k :)

Fuel mixture is now too rich. Transmission is now showing its aging and has started slipping.

General Comments:

Overall, very satisfied. Nice ride, very soft, and not hard on the back. It's not a BMW at all, but heck I bought it for commuting, not to grab girls attention at high schools. Previous Mazda GLC had a habit of dying in the middle of the road.

Faults:

Thermostat gasket worn - replaced in 2 minutes by myself. €3 for gasket.

Passenger side brake caliper seized. Quickly fixed by a friend of mine for free.

Shock absorbers starting to go. Happens frequently in Corollas.

General Comments:

Car is very quick, and has great handling.

115Bhp is more than enough for this.

It starts every time, even in subzero conditions.

Very easy to service as all filters, sump, pads etc. are easily accessed with standard tools.

Only problems I have really is that the rear shocks are rubbish. If there are four people in the car, the wheels rub BADLY. They need to be replaced.

Also, condensation in the car is very annoying. The heater doesn't really get rid of it either.

Faults:

Nothing serious.

Struts weakened progressively but never burst. I replaced them at 190000km.

Had to replace clutch when I bought the car, which could be considered premature, but I could easily assume the previous owner was the problem.

I have found on Hondas I've owned that the struts never seemed to get weak; however, they also went through ball joints and my Corolla doesn't.

Besides typical maintenance and old car stuff, the car has been pretty reliable and straightforward, plus it has a timing chain that lasts the life of the car.

General Comments:

The car is very reliable and excellent on gas. I've tried the automatic version and I found it a little sluggish, but the manual transmission makes the car as powerful as needed, considering the gas mileage.

The interior, although plain, feels like higher quality. The seats are a little uncomfortable and it feels a little small. Even my 1994 Protege felt a little roomier.

On the highway, the car is a little unsettled and no matter what front end parts I change (brakes, struts, alignment, tires) there is always a slight amount of shaking. From looking at reviews around the Internet, the general idea is "that's the way it is." Besides you have to go over 110km/hr to even get a hint.

Around the city, it is pretty zippy and its turning circle is super tight for parking, etc. The A/C still works and the heater is medium to good.

The car isn't sure footed in winter so you need snow tires.