Mitsubishi Lancer Mitsubishi Lancer 2015 Toyota Corolla iM Toyota Corolla iM 2018

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

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.

Mitsubishi Lancer vs. Toyota Corolla iM Invoice Comparison

Lowest Total Price: $20,830

Toyota Corolla iM   
Difference: $2,950

Lowest Total Invoice: $19,174

Toyota Corolla iM   
Difference: $3,486

Calculate Payments

  Down Payment Interest Rate Term
Model Year2015201520152018
ModelLancerLancerLancerCorolla iM
TrimSEGTRalliartBase
Body4dr Sedan4dr Sedan4dr Sedan4dr Hatch
Base Price $20,995 $20,595 $29,495 $18,850
Base Invoice $20,109 $19,725 $28,250 $17,454
Navigation system 2,375 2,375 2,375  
Rear spoiler 290      
Display Audio with Navigation       900
Floor mats       185
Navigation system 2,125 2,125 2,125  
Rear spoiler 245      
Display Audio with Navigation       700
Floor mats       125
Options (change) 2,665 2,375 2,375 1,085
Options (change) 2,370 2,125 2,125 825
Destination 810 810 810 895
Total Price $24,470 $23,780 $32,680 $20,830
Total Invoice $23,289 $22,660 $31,185 $19,174

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

Dealer Price Quotes

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Request free, no-obligation Mitsubishi Lancer dealer quotes or Toyota Corolla iM dealer quotes from dealers using our car quote form.

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TrueDelta Value Comparison: Mitsubishi Lancer vs. Toyota Corolla iM

Lowest Adjusted Price and Invoice: Toyota Corolla iM
TrueDelta Adjusted Price Difference: $2,230
TrueDelta Adjusted Invoice Difference: $2,746
Model Year2015201520152018
ModelLancerLancerLancerCorolla iM
TrimSEGTRalliartBase
Body4dr Sedan4dr Sedan4dr Sedan4dr Hatch
Engine168hp I4168hp I4237hp I4137hp I4
TransmissionCVT-6M5S6M6
DrivetrainAWDFWDAWDFWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)140, 4140, 6710, 9160, 6
Tire (rear if not all the same)205/60-16215/45-18215/45-18225/45-17
Total Price$24,470$23,780$32,680$20,830
Adjustments for Features-2,2750-5,250-865
Feature-Adjusted Total Price$22,195$23,780$27,430$19,965
Cost Above Minimum$0$1,585$5,235$0
Total Invoice$23,289$22,660$31,185$19,174
Adjustments for Features-2,1650-5,010-796
Feature-Adjusted Total Invoice$21,124$22,660$26,175$18,378
Cost Above Minimum$0$1,536$5,051$0

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla iM

Model Year2015201520152018
ModelLancerLancerLancerCorolla iM
TrimSEGTRalliartBase
Body4dr Sedan4dr Sedan4dr Sedan4dr Hatch
Transmission and Drivetrain 
6-speed manually-shiftable CVT$1100   
5-speed manual $0  
6-speed automated manual  $1100 
6-speed manual   $150
AWD$1700 $1700 
FWD $0 $0
Accessories 
Proximity key $250$250 
Tilt steering wheel, manual$150$150$150 
Tilt/telescoping steering wheel, manual   $250
Brakes, Airbags, and Other Safety 
Automatic braking, high-speed or partial   $200
Forward collision warning   $200
Lane departure warning   $200
Radar- or camera-based collision preparation system   $0
Seat cushion airbag, passenger   $75
Cargo Management 
Cargo cover   $75
Cargo mat   $40
Climate Control 
Automatic climate control, front $200$200$200
Dual-zone climate control   $125
Interior air filter$0$0$0 
Rain-sensing wipers  $175 
Rear wiper   $175
Variable intermittent wipers$75$75 $75
Drivetrain 
Adjustable center differential  $275 
Limited-slip front differential  $500 
Limited-slip rear differential  $300 
Exterior 
Hood scoop  $100 
Infotainment 
App support   $0
CD player$125$125$125 
MP3-compatible player$50$50$50 
Satellite radio$200$200$200 
Surround sound  $250 
Traffic information$25$25$25 
Voice control for external devices$0$0$0 
Instruments, Lights, and Mirrors 
Auto-dimming headlights   $200
Auto-dimming rearview mirror  $150 
Automatic headlights  $125$125
Automatic-off headlights$25$25  
Fog lights $125$125 
Xenon HID headlights  $500 
Seats and Interior Trim 
Heated front seats$200   
Leather-wrapped steering wheel $150$150$150
Metal pedals  $75 
Suspension, Wheels, and Tires 
Touring suspension (upgrade)$0$0$0 
Wheels, dark finish  $0 
Transmission 
Steering-wheel-mounted transmission controls  $100 
Total Value of Features$3,650$1,375$6,625$2,240
Value of Feature Adjustments$2,275$0$5,250$865
Value of Feature Adjustments-2,1650-5,010-796

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla iM

Model Year20152018
ModelLancerCorolla iM
Body4dr Sedan4dr Hatch
Wheelbase103.7 in102.4 in
Length180.0 in170.5 in
Width69.4 in69.3 in
Height58.7 in55.3 in
Curb Weight2,933 lb.2,944 lb.
Fuel Capacity15.3 gal.14.0 gal.
Row 1 Headroom39.6 in39.7 in
Row 1 Shoulder Room54.7 in54.3 in
Row 1 Hip Room53.3 in0.0 in
Row 1 Legroom42.2 in41.7 in
Row 2 Headroom36.9 in37.5 in
Row 2 Shoulder Room54.3 in54.1 in
Row 2 Hip Room54.1 in0.0 in
Row 2 Legroom36.1 in32.7 in
Cargo Volume,
Minimum
11.6 ft320.8 ft3
Cargo Volume,
Maximum
11.60.0 ft3

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Option Package Details
Toyota Corolla iM

Floor mats
FeatureValueRequested?
Floor mats75Yes
Cargo mat40No
Total Requested7565%
Total Not Requested4035%
Display Audio with Navigation
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio75Yes
Upgraded head unit0No
Total Requested675100%
Total Not Requested00%

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See TrueDelta's information for all Sedans and Hatchbacks.
See TrueDelta's information for all Mitsubishi models.