After almost 5 years of ownership, this 11 year old Accord has been fairly reliable with no rust.

Weak spots have been the early brake wear, ABS issues, and blown radio/CD player, as well as clouding headlights (after being polished).

However, to put it in context, other used cars (other companies, including a Toyota Celica) I have owned have had much more extensive problems at this age, so relatively speaking I am happy with this Accord. (I also attribute this reliability to the good treatment from its first owners -- something more likely in a mid-size sedan than say a compact more "sporty" car, like a Civic or Mazda 3, likley driven hard by 20-somethings...).