Bought my 2006 in Oct.of '05, I love my Corolla ,got 200,000 on it and no problems at all except the hood paint not good,but besides that nothing but regular upkeep,oil changes ect. Ice cold air (not been serviced)and running like a Champ. Still gets 34-35 mpg combined.
I purchased a 2006 Corolla new in late 2006. Within the first year I had to replace the starter. Then the following year I had to replace the alternator and battery. In my 5th year of ownership at around 70,000 miles the ECU (computer) failed and I had to bring it in for the recall on it. About 8 months later the car started shifting terribly and sometimes wouldn't make it to second gear. The transmission torque converter ended up being bad. I ended up selling the car and getting a Civic which was a much better car. The ONLY thing the Corolla had an advantage with was fuel economy. Everything else was torture.
I bought my 2006 Corolla CE new, and after 10 years of ownership I still love it. The paint has faded somewhat, it desperately needs a wax job. I still get average 38 mpg, I drive mostly 13-40 miles when I go out. I only have 72,xxx miles on it. I usually drive on trips about 300 miles one way.I do not like that it gets buffeted by winds on the highway. It's unnerving, but since I am aware of it I compensate. I have never had any mechanical problems with it. I did snap a corner of one of the little cargo doors on the dash: my fault as I always put my (old, heavy) cell phone on the door of it. But.... I am currently looking at the 2015 Camry Hybrid, new at a dealership. But, I keep wondering if I should hold onto this reliable, steady workhorse of mine. I regularly drive an 81 mile trip to the coast, and I love how my Corolla can pass on a 2-lane with such ease: it has great acceleration. The trunk is huge! I wish I had opted for cruise control, but this car is easy to hold steady on long trips. The thing that have me considering a new car is the technology available now: Bluetooth (dump my Jabra unit); Navagation package (dump my TomTom); back-up camera (save my neck); amd of course cruise control. I have also read that the Camry is very quiet inside..... 72,000+ miles of road trips has given me a lot of noisy ride-time! I will be test-driving a few cars today, and then I will think on it, and decide. FWIW, I kept my 1985 Toyota truck for almost 20 years.....
With minimal care these Corolla's easily reach 200,000 plus miles My third and forth Corolla's are in the driveway a 2004 and a 2015 both 5 speeds CE models. The 2004 has 179,000 miles on it now and the 2015 has less then 10,000. Maintenance has been done faithfully by me according to Toyota's schedule. The only additional money spent on repairs has been as follows: 1 AC clutch relay, 1 set of rear axle bearings, I have put a new water pump and alternator brushes in at 160,000 didn't fail I just do my own preventive maintenance. Total extra cost was less then $100 dollars. The plastic like others say are failing on unimportant things. However the economy , reliability, and performance are the same as the day it was new. The front end is still tight, the clutch grabs like the day it was new and it starts first time every time six or more times a day seven days a week since November 2003. Thank you Toyota. To be fair the rear axle bearing failed because I used the car as a pickup truck and hauled 1000 lbs of tile from store to home. I fix my own stuff so it was just was a lesson learned.