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Toyota Corolla vs. Mitsubishi Lancer Price Comparison

Toyota Corolla vs Mitsubishi Lancer Price Comparison:
Toyota Corolla vs Mitsubishi Lancer Price Comparison:

TrueDelta features the Internet's most balanced and thorough car price and
features comparison between the Toyota Corolla and Mitsubishi Lancer. Including:

 

Calculate Payments

 Down PaymentInterest RateTerm

Summary

For the Toyota Corolla vs. Mitsubishi Lancer price comparison, we have first equipped the cars with selected features. The specific options added are shown in the Corolla vs. Lancer Price Comparison table. If you want to know how much the Corolla and Lancer will cost with the features you specified, this is the table to check. In this case, the Toyota Corolla XRS's price is $72 lower than the Mitsubishi Lancer GT's price

Each car includes features you didn't request, and that aren't included on the other car. In the Corolla vs. Lancer Features Comparison table we've tallied these features up and assigned monetary values to them using the site's default values. For example, compared to the Toyota Corolla XRS, the Mitsubishi Lancer GT includes additional features worth $750. The TrueDelta Value Comparison figures include adjustments for most differences in feature content. However, they do not include advertising fees, factory-to-dealer incentives, or differences in engines, tires, seat configurations, and audio systems. Exceptions: They do include values for third-row seats and media players. Additional notes

0 In this case, despite a $750 adjustment for the Mitsubishi Lancer GT's additional features, the Toyota Corolla XRS is $72 less than the Toyota Corolla XRS.

TrueDelta Value Comparison: Toyota Corolla vs. Mitsubishi Lancer

Lowest Adjusted Price and Invoice: Toyota Corolla XRS
TrueDelta Adjusted Price Difference: 72
TrueDelta Adjusted Invoice Difference: 1,309
Model Year20092012
ModelCorollaLancer
TrimXRSGT
Body4dr Sedan4dr Sedan
Engine158hp I4168hp I4
TransmissionT5M5
DrivetrainFWDFWD
EPA Fuel Economy (city/highway)22/30 MPG22/31 MPG
Audio (watts, speakers?, 6710, 9
Tire (rear if not all the same)215/45-17215/45-18
Total Price25,83226,654
Adjustments for Features0-750
Feature-Adjusted Total Price25,83225,904
Total Invoice23,11925,135
Adjustments for Features0-707
Feature-Adjusted Total Invoice23,11924,428

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Invoice Comparison: Toyota Corolla vs. Mitsubishi Lancer

Price Comparison (MSRP): Toyota Corolla vs. Mitsubishi Lancer

The sticker prices, before adjusting for remaining feature differences. Usually these are the numbers you will see on the window stickers.

Models in short supply often sell at or even above these prices.

Lowest Total Price: Toyota Corolla XRS
Difference: 822
Lowest Total Invoice: Toyota Corolla XRS
Difference: 2,016
Model Year20092012
ModelCorollaLancer
TrimXRSGT
Body4dr Sedan4dr Sedan
Base Price18,86019,845
Base Invoice17,25619,007
Floor mats199 
Leather seating surfaces1,490 
Power Package635 
All-weather floor mats9980
Navigation system1,3002,295
Satellite radio449 
Sunroof890 
5-speed shiftable automatic1,190 
Touring Package 3,550
Cargo mat 89
Floor mats 0
Leather seating surfaces 0
Power Package 0
All-weather floor mats 65
Navigation system 2,050
Satellite radio 0
Sunroof 0
5-speed shiftable automatic 0
Touring Package 3,159
Cargo mat 59
Total options6,2526,014
Total options5,1435,333
Destination720795
Total Price25,83226,654
Total Invoice23,11925,135

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While we strive for accuracy, the site is not error-free, and prices can change at any time.

 

What Our Members Are Saying about the Price of the the Toyota Corolla

Price of the Toyota Corolla: Pros
YearBody/PowertrainComment
20104dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
The payment on the car is less than 300 a month for a nicely equipped car.
20104dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
The Corolla provides a lot of "bang for the buck" in my mind. It has all the things I need in a car, all the things I wanted in a car, and even a few minor fun "bells and whistles" for good measure - all at a price I can afford easily.
20094dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Decided to go with Corolla because it was several thousand cheaper over civic for similar features.
20094dr Sedan 132-horsepower 1.8L I4
5-speed manual FWD
I felt this car was reasonable price for its class.
20084dr Sedan 126-horsepower 1.8L I4
5-speed manual FWD
Low interest rate on lease payments. Reasonably priced car while well equipped.
20074dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
I only took the automatic transmission option and it was one of the cheapest. Interest rate was only at 1.7% for me.
20074dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
we got a pretty good price (before tax,tags and title fees) from a ford dealership. Bought in 2010, it was a used 2007 model.
20074dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Low payments and priced right, it seems that newer corollas can be had for what you would have paid for a new vehicle 2 or 3 years earlier.
20064dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Great pricing, easy financing
20064dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Paid $14,500
20054dr Sedan 130-horsepower 1.8L I4
5-speed manual FWD
It was what I felt I could afford at the time I had to replace my 1995 Saturn SL1.
20054dr Sedan 130-horsepower 1.8L I4
4-speed automatic FWD
Purchased new, well-equipped for the market segment for 15k. Very competitive pricing relative to lesser known (by me) brands.
20034dr Sedan 130-horsepower 1.8L I4
5-speed manual FWD
A/C, power window, power door lock, ABS, side airbag, rear spoiler, alloy wheel, 6 speakers, remote keyless entry, and more for $16,000 brand new.
20034dr Sedan 130-horsepower 1.8L I4
5-speed manual FWD
low price
Price of the Toyota Corolla: Cons
YearBody/PowertrainComment
20104dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
This may just be a little quirk with me/my location but I could not find it cheaper used anywhere in Texas. I guess on the other side though, it was one of the cheaper Pre-Owned Certified vehicles I was trying to find. Another one was a 2011 Honda Fit asking was 15k but had 40k miles for example. I bought this one for 13.7k (full bumper to bumper coverage for next 4 years) so you can't be too sure.
20094dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Its expensive compared to Sentra, Elantra and Lancer, while providing the same or less features. Also mainteinance is expensive but is because the brand, not the car.
20094dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
More expensive than a Focus (but more car, too, and better resale value for sure).
20084dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Not as much of a bargain for what you get and the payments were too high for a boring daily-driver.
20054dr Sedan 130-horsepower 1.8L I4
4-speed automatic FWD
sort of upmarket cost for a dinky little eonobox with crappy handling. But I guess you pay for the fact that it will biodegrade before it will wear out.

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What Our Members Are Saying about the Price of the the Mitsubishi Lancer

Price of the Mitsubishi Lancer: Pros
YearBody/PowertrainComment
20114dr Sedan 148-horsepower 2.0L I4
6-speed shiftable CVT FWD
Was a little higher than I wanted but got the Price to where I could go new rather than used. Payments at $200 mo.
20104dr Sedan 168-horsepower 2.4L I4
6-speed shiftable CVT FWD
Thousands less than other cars I looked at with comparable features. Was interested in a car with paddle shifting. Looked at Acura TSX, Lexus IS 250, Mazda 6 and others. Got car for under dealer invoice.
20094dr Sedan 168-horsepower 2.4L I4
6-speed shiftable CVT FWD
Good price for gts with navi 23800 sticker payed 21000 less 1000 rebate
20094dr Sedan 168-horsepower 2.4L I4
6-speed shiftable CVT FWD
Good, got it for 2.5k under MSRP.
20084dr Sedan 152-horsepower 2.0L I4
6-speed shiftable CVT FWD
I paid $19,500 for a fully loaded Lancer GTS - easily beating what that could have cost me in a fully-loaded Civic (with less features).
20054dr Sedan 120-horsepower 2.0L I4
5-speed manual FWD
It had 0% for 5 years and I liked that.
Price of the Mitsubishi Lancer: Cons
YearBody/PowertrainComment
20094dr Sedan 152-horsepower 2.0L I4
CVT FWD
At the time Aug. 2009 I paid out the door $30,500 canadian, no flexibility in price negotiations but to be fair it was new to Canada.
20084dr Sedan turbocharged 291hp 2.0L I4
5-speed manual AWD
Nothing, but would of bought instead if I knew they were going to offer 0% financing a month later.

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20092012
ModelCorollaLancer
TrimXRSGT
Body4dr Sedan4dr Sedan
Transmission and Drivetrain 
5-speed manually-shiftable automatic$1000 
5-speed manual $0
FWD$0$0
Accessories 
Proximity key $250
Tilt steering wheel, manual $150
Tilt/telescoping steering wheel, manual$250 
Brakes, Airbags, and Other Safety 
Knee airbag, driver $100
Rearview camera $200
Climate Control and Infotainment 
Automatic climate control, front $200
Bluetooth audio streaming $25
Bluetooth cell phone link $100
DVD-compatible player $0
Intermittent wipers$0 
iPod integration $150
Media drive, large $100
Rain-sensing wipers $175
Traffic information $50
Voice control for external devices $50
Instruments, Lights, and Mirrors 
Automatic headlights $125
Turn signals on or near mirrors $25
Xenon HID headlights $500
Seats and Interior Trim 
Center armrest(s), second row $50
Upholstered door panels, leather$250 
Total Value of Features$1,500$2,250
Value of Feature Adjustments$0$750
Value of Feature Adjustments0-707

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Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20092012
ModelCorollaLancer
Body4dr Sedan4dr Sedan
Wheelbase102.4 in103.7 in
Length178.7 in180.0 in
Width69.3 in69.4 in
Height57.7 in58.7 in
Curb Weight2,965 lb.2,933 lb.
Fuel Capacity13.2 gal.15.3 gal.
Row 1 Headroom38.8 in39.6 in
Row 1 Shoulder Room54.8 in54.7 in
Row 1 Hip Room53.0 in53.3 in
Row 1 Legroom41.7 in42.2 in
Row 2 Headroom37.2 in36.9 in
Row 2 Shoulder Room54.6 in54.3 in
Row 2 Hip Room43.9 in54.1 in
Row 2 Legroom36.3 in36.1 in
Cargo Volume12.3 ft311.6 ft3

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Option Package Details
GT

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0No
Traffic information50No
Media hard drive100No
Total Requested60080%
Total Not Requested15020%
Touring Package
FeatureValueRequested?
Rearview camera200No
CD changer, in-dash200No
Xenon HID headlights500No
Satellite radio200Yes
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Leather seating surfaces900Yes
Heated front seats300Yes
Sunroof900Yes
Rain-sensing wipers100No
Automatic headlights100No
Total Requested230061%
Total Not Requested145039%

Dealer Price Quotes

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What Our Members Are Saying about Toyota Corolla Materials and Workmanship

Available Features of the Toyota Corolla: Pros
YearBody/PowertrainComment
2011 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
For an entry level car it seems put together well. No noises indicating loose parts, no odd rattles, every window seam was solidly affixed. A lot of little things that wear quickly or look poorly installed were not present in the Corolla.
2009 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
No problem so far. I use the car daily for work commute and then to carry two kids around. gave it a good clean up last week, look as good as new.
2007 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
No rattles, good fit, good materials
2007 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
The interior seemed to be made of high quality expensive looking materils that fit mostly well together, I did have to have dealer repair a couple panels that did not fit as well together as most of the other trim pieces did
2006 4dr Sedan 126-horsepower 1.8L I4
5-speed manual FWD
Fit and finish are very good both interior and exterior.
2006 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
The interior has a quality sturdy feel, with no loose or hollow plastic moldings that i've seen on other cars.
2006 4dr Sedan 126-horsepower 1.8L I4
5-speed manual FWD
Again, very high quality and very durable. I've put 70,000 km's on it over 4 years and it still looks good inside and out. Nothing a good vacuum and polish can't clean up.
2003 4dr Sedan 130-horsepower 1.8L I4
4-speed automatic FWD
Even after 190K km, the Corolla still feels tight and well made.
2003 4dr Sedan 130-horsepower 1.8L I4
4-speed automatic FWD
Very nice inside, not luxury but def comfortable.
Materials and Workmanship of the Toyota Corolla: Cons
YearBody/PowertrainComment
2010 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Interior is full of cheap rubbermaid plastics that are ultra hard and creaky.
2009 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Poorly designed new engine has mechanical noises when started and runs rough when first started.
2009 4dr Sedan 132-horsepower 1.8L I4
4-speed automatic FWD
Interior was not as well finished as the Sentra and materials seemed cheaper
2008 4dr Sedan 126-horsepower 1.8L I4
4-speed automatic FWD
Possible this is only my Corolla, but the exterior seems to be falling apart, roof trim peels, dash rattles, rear bumper cover is always loose. Speedo off by 5-10%, braking clunks. Dealership says this is normal. Toyota has let me down. Have owned 2.5

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What Our Members Are Saying about Mitsubishi Lancer Materials and Workmanship

Available Features of the Mitsubishi Lancer: Pros
YearBody/PowertrainComment
2008 4dr Sedan 152-horsepower 2.0L I4
CVT FWD
It feels like a solid car. I have only had one thing wrong with it, and that was the fuel pump getting stuck. It was replaced under warranty though.
Materials and Workmanship of the Mitsubishi Lancer: Cons
YearBody/PowertrainComment
2011 4dr Hatch 148-horsepower 2.0L I4
6-speed shiftable CVT FWD
Its rattles have rattles. And those rattles have buzzes. It sounds like the interior is going to self destruct under low RPM.
2009 4dr Sedan 168-horsepower 2.4L I4
5-speed manual FWD
the plastic trim pieces around the doors and the arm rest area look and feel cheap but then again the car is pretty cheap to start with.
2009 4dr Sedan 168-horsepower 2.4L I4
6-speed shiftable CVT FWD
Well that is the same thing as relibility
2008 4dr Sedan turbocharged 291hp 2.0L I4
5-speed manual AWD
Not bad, better than my last Dodge but could be better still.

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