Originally Posted by KrisZ
All I can say is that I've had no major issues with my 06 so far. Burns no oil and the tranny shifts very well. I had a Corolla as a rental for few weeks back in 06 when I was car shopping and I didn't like driving it. It was numb feeling, the horrible throttle tip-in made the engine look peppy for the first 30% of gas pedal travel, but after that there was absolutely nothing...
I went out of my way to buy my daughter a Corolla LE, in the range of 2003 to 2008 (I bought her an '05). Wanted ABS, but did not want the pretentious "Sport" drippings on the body (sorry to offend anyone with this comment :| ) - that's why it had to be an LE. She has had it for five (5) years and both of us really, really like it to this day. I find the steering great (hydraulic PS); it does not have hydraulic valve compensation (just mechanical buckets - which are replaceable if necessary, albeit with much, much trouble) - but they rarely change valve clearance as they age. I like mechanical lifters 'cuz there is no possibility of a hydraulic lifter failure.... tick, tick, tick... Just a fantastic car for her (and it's in many ways better than what I drive).
I do find the electronic throttle ('05's were the first year of non-mechanical throttle) a bit sensitive... to feel like it's "torquey" off the line, yes, and I do find the engine fairly lacklustre by way of power as it revs up...and it most certainly has four cylinder "boom" / resonance. But no balance shaft assembly to go south.
The Toyota automatic in it - is by all accounts - bulletproof.
Wish I could buy a new one!