The Corolla carries a strong heritage in the Toyota fleet and consumers have always known it to represent a car of outstanding value and affordability. This is a sedan for folks who don't require a flashy exterior or high-powered engine. Though the Corolla now faces some fierce competition from Hyundai, Suzuki and Kia in the form of lower pricing and better warranties, none of these competitors can hold a candle to the Corolla's spotless repair record and robust resale value.