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With gas engines it is give-and-take. Some will last you forever and others wont...it usually depends on who makes them. The engine in the Corolla is very well designed and well built; they always have been. My Grandma has an '82 Corolla with 384,000 miles on it and it shows no signs of stopping. So long as it's taken care of I dont see why that corolla wouldnt last that long.
On the diesels, my aunt had an 83 and an 85 mercedes 300 turbo diesel, both with over 500,000 miles on them...the engine was the only reliable thing in both of those cars, and she would go 50,000 (sadly, I do not joke) on an oil change, just adding a quart when it needed it. Man Mercedes used to know how to make an engine....used to...
Barring EPA estimates (even tho they are mostly the same), the MPG all comes down to how you drive it. Youre likely to get slightly better (maybe 1-2MPG) mileage with the manual, but depending on youre style of driving the auto can do just as good. When I dont constantly floor it, my '94 auto gets 35MPG combined (Seafoam is the best thing that ever happened to my engine) and 30-32 if I redline after every stop.
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Toyotas in the family/next of kin:
1982 Corolla Wagon, 1989 Corolla DX, 1991 Previa LE, 1993 Previa LE,
1993 Pickup, 1994 Corolla DX, 1995 Avalon XL, 1996 Camry XLE, 1998 Avalon XL,
1998 Sienna CE, 1999 Camry XL, 2000 Camry XLE, 2002 Tundra, 2003 Tundra,
2003 ES 300, 2004 Camry XLE, 2005 Tacoma
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