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carb needs overhaul or high speed jets need ajustn--hav a pro du this cause if u lean it out too much-u can fry the engine--clymer makes a mechanics manual for motorcycles and atv
Your description sounds more like a torque converter clutch problem. It would explain the poor mileage, having to floor it to go. I suggest having the transmission scanned, looking at the slip speed of the torque converter clutch.
I have seen this problem before and the cause could be TCC Staying in Lock-up or an Electrical Issue within the Engine itself or a Fuel Delivery Issue.
If the Transmission TCC is the issue, try driving at slower speeds (below 30 and come to a stop, does it Shut off then? Increase Speed by 10 and try again. Does it react differently once you go above 42-45 MPH?
I would check the fuel filter, it should be changed every 20,000 miles or so. Also I would check the fuel pressure at the test port. I would also check for a weak ignition coil.
You might want to check the MAF sensor(Mass Air Flow) and clean it with MAF/MAP cleaner. I am also kind of puzzled with this problem as I have a 2004 Corolla also, I only had power loss when my MAF went bad.
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