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The problem is the rear motor mount is filled with hydraulic fluid that leaks onto the accessory drive belt. The motor mounts fail prematurely and the fluid makes the belt squeak. Toyota dealership I took my 2006 Corolla to replaced the motor mount and belt free of charge.
The Belt Diagram should be on the underside of your hood, however they have a way of disappearing.
If it is not there: Click on the following free direct Link. It has the correct Serpentine Belt Diagrams for your 2001 Toyota Corolla 1.8L (4-Cylinder) Engine and Engine Options (AC/No AC etc.). Included are Instructional and Directional Diagrams for your use.
Let me know if this helped, or if you have additional information questions. Feel Free to contact me at FixYa.com!
http://www.2carpros.com/car_repair_information/year/2001/make/toyota/model/corolla/2001_toyota_corolla_drive_belt_routing_diagram.htm"HOW TO": Standard Rules to Removal the Serpentine Belt with an Automatic Tensioner: 1. Find the Tensioner(s). (See Diagrams on Link) 2. Using a Serpentine Belt Tensioner Tool, Or Wrench OR Ratchet, Rotate/Move the Tensioner USING THE AVAILABLE NUT (on the Pulley or Arm Base) OR the OPENING (3/8ths or 1/2 inch square opening) rotating the Tensioner Pulley/Arm - moving it away from contact with the belt and towards the area where the belt is not in contact with the Tensioner Pulley. The Tensioner is spring loaded, and is hard to rotate/move. 3. Remove the loosened belt off one of the other more easily accessed Pulleys. 4. DO NOT quickly release the Tensioner, but gently allow the Tensioner to rest in its closed position.
Standard Rules for Installing the Serpentine Belt with an Automatic Tensioner: a. Pick a Pulley that is most easily accessed. This will usually be on top. This will be the last Pulley that the belt will go on. b. Using the Diagram: Install the new Serpentine Belt on the remainder of the Pulleys....over, under, left right. c. Using a Serpentine Belt Tensioner Tool or Wrench or Ratchet Tool: Rotate/Move the Tensioner Pulley/Arm "away" from Belt contact area on the Tensioner. This spring is pretty hard and with a new belt, it will be even harder to install. Rotate/Move this to as-close to the maximum allowed inorder to have enough slack in the belt to get it up and over the last pulley. d. Using your other hand - Pull the Belt up and over the Last remaining Pulley. e. Before releasing the pressure on the Tensioner, visually inspect the remainder Pulleys and the Belts' Positioning on them.
You'll have to remove the engine cover under the bottom so you can position the new belt on the pulleys properly. Get a wrench or tensioner tool and turn the tensioner clockwise to relax the drive belt. Don't apply excessive force.
It's hard to draw a picture with words, but looking at the engine from the passenger side of the car, there are basically two top pulleys, two middle, and two bottom. The drive belt goes around the outside of the two top and two bottom, and on the inside of the two middle.
I can get you a diagram on monday but it goes from the alternator to the power steering pump then around the tensioner pulley then around the crank pulley then to the a/c compressor then pull on the tensioner to give you some slack and slip it on the waterpump.I hope that helps.Let me know if you still need the diagram