The LE model is top of the line so you get the power goodies. I believe the engine delivers the same power as the other trims. It had a slightly bigger engine 1.8 inline 4 vs 1.6 inline 4 with the other trims.
You got automatic transmission & some other differences compared to the other trims. Pros: it may cost more but then again, you have the power items.
cons are normal wear & tear items ie brakes, exhaust systems (considering its age now), aging of the engine. Not sure what you are asking in the pros and cons specifically
If you want to buy this car, I would take someone with you who knows cars and get them to check the car out. A brand new Corrolla could also malfunction so it just depends on what it is.
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