I purchased my 1994 Corolla 2 years ago for $1000 at 127K. I replaced tires, brakes, and some other "wear & tear" stuff and I use Mobil 1 fully synthetic. I just hit 177K on the odometer and needed shocks and struts. The car runs so good that I couldn't justify replacing the car and I did the suspension work. I drive this car hard and still get 30MPH on average. Its stable and sure footed at well above legal highway speed, fits four comfortably and I don't mind when my wet Chocolate Lab. gets in the back!
Interior sensibility, function and quality. Exterior looks are acceptable and performance is reasonably good. Reliability is remarkable and fuel economy is outstanding even when driven hard and fast. Interior is roomy, trunk is big and rear seats fold down for skis, fishing poles, etc.