I have been driving the New Corolla Altis 2014 (petrol) for 69000kms plus now. The car is excellent in cabin space in its class, be it the head room or the leg room compared to its rivals. The car is very smooth, great mileage can be achieved given how you drive and maintain the car timely.
Driving the car is not too fun in high speeds and tight corners, it is more fun driving lazy and cruising on highways (under regulated speeds). The car holds its balance on the highway at curves quite firmly. Ride quality is excellent so far.
The headlamps and tail lights have been designed so much more sexier than any other car in its segment which makes it completely stand out from the rest. It is very stylish bold and sleek.
The 7" touch screen system is fairly good, but could have been better....it kind of feels like a low end quality system in terms of the display resolution and touch quality, though the audio sound is great. Reverse camera has a wide angle view in the touch screen, so while reversing in a busy traffic area it becomes fairly a breeze to reverse without much need to look around stressing your neck.
Interior plastic quality feels cheaper than the previous generation of Altis. However, there are many improvements from the previous generation Altis like; looks smarter, sharper and more executive, larger interior space, fuel efficiency is better, better seating comfort, steering mounted answer and end call buttons and the better body colour options.
It lacks rear row ac and thus can feel hot during very sunny days unless the ac is on full blower. But it does come with an added advantage of seating 3 people in the rear seat quite comfortable without much body squeeze.
Toyota should have at least given optional to have ventilated seats, rear vent ac, sunroof.
All in all it is a great car to own in its segment, I would say cost effective too.
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