Faults:
Fuses broke a few times (radio and lights turned off while I was driving at 3 am in the morning.)
Changed the alternator a year after I bought it and the conveyor belt.
Aside from that, I barely had any repairs to do. Within two years, I have only spent 500$ on repairs on a car that was 13 years old.
General Comments:
Very economical car, drives well and handles very well.
Very easy to park with this car.
Sporty looking car at a very reasonable price.
Great trunk space, but the trunk door (opening) is small--making it sometimes hard to fit larger objects into the trunk. Backseat flips down to give more room for transportation.
Note that this car is meant for petite people. I am 5"2 and my head almost touches the ceiling.
Car ideal for two passengers only as the backseat is extremely uncomfortable.
If you have young children, backseat will be fine, but if once you are bigger and taller, your head touches the rear window.
The car gets very hot during the summer and air circulation doesn't flow well when the windows are opened.
Despite these minor flaws, I love my Toyota Paseo. The only reason why I need to get rid of it soon is because I need a car with air conditioning.