The 2001 Toyota Corolla is part of the eighth generation of this well-regarded compact sedan line. This model year comes with a reliable 1.8L inline-4 engine that generates 125 horsepower, mated to a standard 5-speed manual or optional 4-speed automatic transmission. The Corolla comes in three trims: VE, CE, and S, the sporty variant. While tech features are limited due to the era, the Corolla boasts of key safety features like dual front airbags and optional anti-lock brakes. Toyota's high resale value and the 2001 Corolla's fuel economy of up to 31 city / 38 highway mpg make this model an attractive economical choice even two decades later.