I traded in my 2001 Celica for this, mainly because I wanted something with more utility while maintaining the fuel economy I had become accustomed to. Engine is weak in low revs, better as they build, and the transmission upshifts way too soon when merging or passing. The interior makes this car worth owning, for sheer cargo space, you'd be hard pressed to find something this light and economical with this much space. Handles well. I'd gladly buy the upcoming replacement, as long as it gets more grunt, a better transmission, and disc brakes in the rear. I would definitely recommend this car to anyone, knowing that my only hang-ups are its lack of sportiness.
Continental tires (on alloys), cargo space, fuel economy, styling, decent base stereo, build quality (particularly the leather steering wheel).
Needs a 5th gear and a transmission that doesn't upshift at horrible moments, paid extra for ABS, needs disc brakes around, needs a more powerful engine (something to compete with VW's GTI or MazdaSpeed3), iPod adapter, optional leather interior, better cruise control