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Are you still in England? I don't think they have the same motors there but you may want to check around, they may be in the same motor family and therefore susceptible to the same problems. That being said I just purchased a 98 Corolla. I am new to Toyota ownership myself, there have been many in my family though. From what I have read, and I hope is true, how the car was treated during its break in period is key to the oil burning issue. If the oil was changed on time and with quality oil and filters, the chances of the problem showing up is reduced, not eliminated though.
I was a die hard Subaru owner but the 23mpg was just killing me with a 65 mile round trip commute each day.
Good luck.
And by the way, I am loving my car. 137,000 miles and at the moment no signs of oil consumption.
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