Corolla Pros: Newer model, Better AC, good resale
Corolla Cons: Poor handling, poor braking, highly and unjustifiably overpriced, low quality parts, seriously underpower
Honda Pros: Safer, better handling, better braking, powerful engine, better economy than most of 1.6ltr engine, best for long routes, better seating positions
Honda cons: Expensive maintenance, bumpy drive while plowing fields