The current Corolla looks awful IMO. So the XRS is at a disadvantage from the start.
Also, 160hp in today's sporting compact market, is not all that much, considering the price of entry...

Again, I return to my first argument.

If it were my $15K, I'd by an DB Integra and start with that. Or if you want a plebian looking sedan, get a EK Civic and go from there.