Noticed one morning when opening my door that the molding at the base of the driver's side window was cracked in half on the front and rear door, allowing rain to get inside the door. This is not covered by the extended warranty, and cost $150/window for the dealer to replace.
Problems for specific Toyota Corolla years:
Car problem reports
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Newest reported 2001 Toyota Corolla problems
The Evaporative system may have problems with the vapor canister releasing charcoal pellets that plug the vent valve. Typically a Code P0441, P0442 and P0446 will be set. The key code is the P0446 which is a vent valve electrical failure. The proper repair is to replace the entire canister with all the valves as a unit. This is located on top of the fuel tank and is expensive. Our Technicians tell us that for awhile Toyota was covering these problems, but this may have changed. It would not hurt to call the dealer if this problem occurs to see if Toyota is still helping with these repairs.
There are occasional reports of daytime running light problems.
Engine burns oil which destroyed catalytic converter