Get a Gli/Xli 1300cc and it would be better than the city...
Corolla's suspension is no match to city's you literally feel each and every crack of the road in a Honda city.. although I am a honda fan, but Honda has lost the "practicallity" battle long ago... I am not praising toyota either but this remains a fact that nothing's more practical than a toyota.
Resale
Maintinence
Spares availabuility
Spares prices
Road clearance
Comfort
You save a lot with a corolla...
Honda on the other hand is much faster, the acceleration is just awesome but you would hardly be using any of its extra power at any point in time during its ownership so its actually useless unless ur a fanboy...
That sums up. Get an entry level 1300cc Toyota corolla, add goodies that u might like to add.. Be happy! P.S. do fit a tracker!