Hi cooper asking somone what you should buy for your first car will stir a variety of responses from people stating their opinion welcome to the forums firstly.
In before I stir a shit fight this is just my opinion.
Owning a classic car or certainly a car of that age could potentially be an expensive process despite the often low asking price of the inital purchase.
Both cars are great and have a ton of options available but in saying that you need to consider supply and demand on parts, they did not sell anywhere near as many as they did say a corolla so if you were to damage the car what would cost you 50bucks to repair on a ae82 or ae92 could potentially cost you a lot more.
While toyotas are renound for reliability both cars are nearly 30 years old and finding one that will not cost a fortune to maintain will be no small task
I cant personally speak for reliability as I have not owned one personally but id imagine they would have been good back in the day.
My honest opinion would be to look into a twincam seca for your first car there are a ton of parts available for them as any parts can be sourced from any corolla of the same age which there are tons of them.
There are a lot of aftermarket ones and they are respectably fast for what they are not to mention the 4age is somewhat unkillable of an engine. And handle really well for a fwd car. And can be found cheaply in roadworthy condition.
The bottom line is you should probably consider tbhose cars as a long term project to build up into somthing while knocking about in an ae82 or ae92 twin cam seca
But at the endof the day this is just my opinion do whzt you feel is right foryour first car.