YES it will !
just make sure you do ALL the maintenance and replace any worn out parts asap.
my uncle have two toyota( toyota tercel and camry)from early 90's , both are still running good after 200,000+miles
smoked black 5 spokes alloy 16" or 17" will be good enough
black and white look sick
you should tinted the windows to match it too
you should be able to get the rims+tires for under $1000(16")