Hmmm.... The AE86 is awesome but from what I've heard, it's not exactly cheap to take care of, but there's a strong enthusiast community. Also beware of rust towards the rear; I've seen a few with that problem. Not to mention the zOMG FuJIWARA ToFU (vol.13) status
But like all of the other vs. threads, test drive and decide. We're not the you, so we can't decide for you.
I'm dropping out to create a company that starts with motorcycles, then cars, and forty years later signs a legendary Brazilian driver who has a public and expensive feud with his French teammate.