I bought my 2001 Prism in 2006. It is very reliable. I am the 3rd owner. I bought the car with only 11,900 miles. Now I have 25K (2008). So far, replaced the battery, motor in the power window (drivers side), front brakes & recently all 4 tires (which were org). Considering the vechicle is 7 years old, so far so good. I bought the Prism since it's the Toyota Corolla. I intend to keep my Prism for many years to come.
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