I'll add my two cents, It might not be the best first car if you are a student with limited budget. Only for prenium fuel comsuption. I've own a Corolla too and it cost three times less driving to work with her than using my IS.
That being said, they aren't costly car to maintain at all, parts are easy to find (the few that may fuck up) beside that, brakes, suspension parts, clutches, radiators everything is in stock and in a reasonnable price margin ( you guys ever own a Subaru? If you think a IS300 is expensive to maintain and repair... do not touch a Baru with a 10 ten foot pole). Back the day I bought mine I was lazy and paid to get the water pump and timing belt kit done 600$ parts and labor. Not bad at all. It still a Toyota in its roots.
2002 IS300 - Manual 5-speed LSD M85
Color: Cromax YR580M
TRD Carbon Fiber Shifter Ball
Custom Made Complete Cold Air Intake
Fidanza Exhaust Cam Gear
OBX Headers / Megan Racing Y-Pipe / Thrush Catback
Yonaka Spec II Coilovers / Cusco Strut Bar
SPC Rear Camber Kit
DBC Performance Black XDS Rotors / Carbon Brake Pads
Continental ProContact Tires