We traded in our 86 Camry for the 06 Corolla LE. Looking for a family car with great gas mileage, we initially didn't consider the Corolla because we thought the back seat would be too small for 3 kids to ride in comfortably. To our surprise, the back seat is as roomy as our old Camry's, and the Corolla has more trunk space. We've only had the Corolla for a week, but we got 30 miles to the gallon on the first tank of gas (30%town/70%hwy) and have found this compact to have the solid feel of a much larger car. A little more leg room would be welcome, but then it would be a Camry and wouldn't get 30 miles to the gallon!
Great gas mileage. Drives like a larger car. Good price. Toyota quality.