I believe so, like most Toyotas the "check engine" light will flash for about 30 seconds of starting the engine after 4500 miles since last service and will remain on constantly after 5000 miles.
The EPA mileage estimate for the 2001 Toyota Corolla is 28 mpg in the city, 37 mpg on the highway.
The EPA mileage estimate for the 2009 Toyota Corolla is 26 mpg in the city, 35 mpg on the highway.
The EPA mileage estimate for the 2006 Toyota Corolla is 28 mpg in the city, 37 mpg on the highway.
The EPA mileage estimate for the 2003 Toyota Corolla is 28 mpg in the city, 36 mpg on the highway.
The EPA mileage estimate for the 2012 Toyota Corolla is 27 mpg in the city, 34 mpg on the highway.
The EPA mileage estimate for the 2005 Toyota Corolla is 28 mpg in the city, 37 mpg on the highway.
The EPA mileage estimate for the 2011 Toyota Corolla is 28 mpg in the city, 35 mpg on the highway.
The EPA mileage estimate for the 2007 Toyota Corolla is 28 mpg in the city, 37 mpg on the highway.
The EPA mileage estimate for the 2013 Toyota Corolla is 27 mpg in the city, 34 mpg on the highway.
The EPA mileage estimate for the 2014 Toyota Corolla is 28 mpg in the city, 37 mpg on the highway.
The EPA mileage estimate for the 2010 Toyota Corolla is 26 mpg in the city, 35 mpg on the highway.
The EPA mileage estimate for the 2002 Toyota Corolla is 28 mpg in the city, 37 mpg on the highway.