Transmission Fluid

#1
Hey there i am new to the toyota world, I just bought a 2005 corolla with 157000 km, should i change the transmission fluid or is Type T1V a lifetime fluid?
 
#2
"Lifetime", means the life of the transmission, which will be shortened by not changing the transmission fluid when it becomes worn out.

Have you visually inspected the transmission fluid yet?
 
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