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For 1992, Toyota discontinued the Corolla coupe. Other changes that model year included new paint color choices and the option of a four-speed automatic transmission with the LE sedan.

The 1992 Toyota Corolla came in several trim levels. The sedan came as a base, DX or LE and the wagon was available as a DX or SR5. All Corollas came equipped with a DOHC, 16-valve inline four-cylinder engine with 102 horsepower. The 1992 Corolla gets about 26-33 mpg, depending on the transmission.

Owners of the 1992 Toyota Corolla like the car for its indestructible nature, but many complain about the lack of modern features, since airbags, power windows and doors, and other safety/convenience items were either not available or only options on this car. Other drivers have had problems with the door handles snapping off.

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