I have a 2001 corolla with 110,000 miles on it. The only thing I have had done other than the usual tires and brakes, oil changes is the clutch replaced, and it runs as good as it ever did, gets 30+ mpg city. It uses about a quart of oil every 4-5 months, no leaks, no oil burning.
That being said, a lot would depend on if regular oil changes were done as well as regular maintenance. Ask to see maintenance records or if buying from a dealer, ask if you can contact the original owner.
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