Well, I know I'm a little late but I just got my self an ae86 about a week ago. Just recently sold my 2000 2.5 RS and within 2 days I was driving to get the Corolla. Ended up driving a total of 1000 miles but ended up towing home a 1986 Toyota Corolla GT-S with no rust (except where the battery sits). Car is far from perfect but everything I read before hand talked about the importance of low rush and a good body. So I bought it, for $1500 even. No rust, 1 tiny dent, runs decent (misses some when I gun it), came with an LSD, all stock except for some rear bars I'm not yet sure what they do. The bad is that the front brakes locking up, tires shot, to the untrained eye it looks rough, and it is missing the exhaust from and including the cat, back.
But ya, that's where I'm at right now. Just bought an Apexi megaphone off a nice guy on Craigslist. Yesterday is when I realized I was missing my Cat. At first I couldn't figure out why the resonator was hitting my floor pan. I took a step back and started assembling it form the rear first, and quickly realized that I was going to need to hunt for a cat.
So far I love it but I have to say, I still have not drove it but up and down my drive way a few times. It sounds like a destruction derby car and cords are showing haha. That being said I can already feel such a connection with the car. I cant wait to bring it back to its previous stock glory!

Great car Stock engine with 10,000 miles, stage 3 clutch and some roll bar, handled like a dream, loved it so much. Not sure yet why I sold or why I'm so happy with this AE86 thats just in my drive way but I havent looked back yet. I do miss my 1995 BMW M3 but it rusted out and had to go. thats a whole nother story all togather...

There it is! i have all four wheels, mud flaps, and trim as well
This was all I had to go on. The only pic the PO had up. Great guys they were a lot of fun to deal with!

Well I look forward to asking tons of useless questions not searching anything and genuinely trolling all the veterans! No but seriously, see you guys around more then likely, in the WTB section! haha (wait is there one....?)
Best Regards,
Pyro