Simple, strong value-for-money is at the root of the 2008 Corolla's appeal, which has extremely low ownership costs, according to Toyota, due to its high reliability, fuel efficiency, and resale value.. JD Power gave this car a Power Circle Rating of 4 in Overall Quality Mechanical, Powertrain Quality Mechanical, and Overall Quality Design. Get the right car at the right price. This vehicle's sunroof is the perfect way to accent a road trip. Another amazing deal...jump on it quick. A great EPA combined rating of 30 MPG. You'll also love this Corolla's 5-star safety for Frontal Driver and Frontal Passenger impact, anti-theft system, an air filter for the cabin, low tire pressure warning and airbags.