Among its competition, the Toyota Corolla is the car of choice for people on a budget looking for quality and dependability. Although the Corolla lags behind some of its rivals in terms of exterior styling and power, it is still one of the best handling cars out there with its smooth and reliable ride.

And considering the fact that the Corolla also has excellent fuel economy at a time when oil prices are a record high, it becomes difficult not to like the benefits of having this car.

The 2008 Corolla is available in three trims: the basic Corolla CE, The Corolla S, and the Corolla LE. All models are available with the five-speed manual transmission option or the four-speed automatic transmission option.

The CE, S and LE models are equipped with a 1.8 liter four cylinder engine capable of delivering a decent enough 126 hp.

Generally geared towards a more conservative audience, the Toyota Corolla still provides the optimum quality for its price tag.