Mitsubishi Lancer Mitsubishi Lancer 2012 Toyota Corolla Toyota Corolla 2007

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Mitsubishi Lancer vs. Toyota Corolla 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 Invoice Comparison

Lowest Total Price: $19,719

Mitsubishi Lancer ES   
Difference: $393

Lowest Total Invoice: $18,020

Toyota Corolla LE   
Difference: $736

Calculate Payments

  Down Payment Interest Rate Term
Model Year2012201220122012201220072007
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESGTRalliartEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $16,995 $19,845 $27,995 $34,495 $37,695 $15,515 $15,350
Base Invoice $16,277 $19,007 $26,813 $33,039 $36,105 $14,040 $13,891
Deluxe Package 1,550            
Rear spoiler 290            
Cargo mat 89 89 89 89 89 59 59
Sunroof and Leather Package       1,800      
Sight and Sound Package       2,100      
Audio Value Package           200  
Moon Roof/Side Airbags Package           1,400 1,400
Stability control           650 650
4-speed automatic           800 800
Antilock brakes (ABS)           390 390
Floor mats           88 88
Alloy wheels           390  
Extra Value Package 1             900
CD changer, in-dash             200
Deluxe Package 1,380            
Rear spoiler 245            
Cargo mat 59 59 59 59 59 36 36
Sunroof and Leather Package       1,602      
Sight and Sound Package       1,869      
Audio Value Package           180  
Moon Roof/Side Airbags Package           1,159 1,159
Stability control           559 559
4-speed automatic           724 724
Antilock brakes (ABS)           335 335
Floor mats           55 55
Alloy wheels           312  
Extra Value Package 1             810
CD changer, in-dash             150
Options (change) 1,929 89 89 3,989 89 3,977 4,487
Options (change) 1,684 59 59 3,530 59 3,360 3,828
Destination 795 795 795 795 795 620 620
Total Price $19,719 $20,729 $28,879 $39,279 $38,579 $20,112 $20,457
Total Invoice $18,756 $19,861 $27,667 $37,364 $36,959 $18,020 $18,339

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

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TrueDelta Value Comparison: Mitsubishi Lancer vs. Toyota Corolla

Lowest Adjusted Price: Mitsubishi Lancer ES
Lowest Adjusted Invoice: Toyota Corolla S
TrueDelta Adjusted Price Difference: $963
TrueDelta Adjusted Invoice Difference: $173
Model Year2012201220122012201220072007
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESGTRalliartEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine148hp I4168hp I4237hp I4291hp I4291hp I4126hp I4126hp I4
TransmissionM5M5S6M5S6A4A4
DrivetrainFWDFWDAWDAWDAWDFWDFWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)140, 6140, 6140, 6710, 9140, 6?, 6?, 6
Tire (rear if not all the same)205/60-16215/45-18215/45-18245/40-18245/40-18195/65-15195/65-15
Total Price$19,719$20,729$28,879$39,279$38,579$20,112$20,457
Adjustments for Features-7750-4,275-5,925-4,275-150-550
Feature-Adjusted Total Price$18,944$20,729$24,604$33,354$34,304$19,962$19,907
Cost Above Minimum$0$1,785$5,660$14,410$15,360$55$0
Total Invoice$18,756$19,861$27,667$37,364$36,959$18,020$18,339
Adjustments for Features-7370-4,096-5,636-4,095-134-493
Feature-Adjusted Total Invoice$18,019$19,861$23,571$31,728$32,864$17,886$17,846
Cost Above Minimum$0$1,842$5,552$13,709$14,845$40$0

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year2012201220122012201220072007
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESGTRalliartEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
5-speed manual$0$0 $0   
6-speed automated manual  $1100 $1100  
4-speed automatic     $800$800
FWD$0$0   $0$0
AWD  $1700$1700$1700  
Accessories 
Proximity key$250$250$250$250   
Brakes, Airbags, and Other Safety 
4-wheel disc brakes$150$150$150$150$150  
Active or whiplash-reducing head restraints, front seats$0$0$0    
Brake assist$50$50$50$50$50  
Knee airbag, driver$75$75$75$75$75  
Climate Control 
Automatic climate control, front $200$200$200$200  
Intermittent wipers      $0
Variable intermittent wipers$75$75$75$75$75$75 
Drivetrain 
Active rear differential   $500$500  
Adjustable center differential  $275$275$275  
Limited-slip front differential  $500$500$500  
Limited-slip rear differential  $300    
Exterior 
Body kit $0$0$0$0 $0
Bodyside moldings     $75$75
Bright-finished exhaust tip(s)$25$25$25$25$25  
Hood scoop  $100$100$100  
Rear spoiler$200$200$200 $200 $200
Sunroof$900  $900 $900$900
Tall rear wing-type spoiler   $500   
Infotainment 
Audio controls on steering wheel$125$125$125$125$125  
Aux input$50$50$50$50$50  
Bluetooth audio streaming$25$25$25$25$25  
Bluetooth cell phone link$100$100$100$100$100  
CD changer, in-dash   $325 $325$325
CD player$125$125$125 $125  
MP3-compatible player$50$50$50$50$50  
Satellite radio$200 $200$200   
Voice control for external devices$0$0$0$0$0  
Instruments, Lights, and Mirrors 
Automatic-off headlights$25$25$25$25$25  
Fog lights $125$125$125$125 $125
Trip computer$150$150$150$150$150  
Turn signals on or near mirrors$25$25$25$25$25  
Xenon HID headlights   $500$500  
Seats and Interior Trim 
Center armrest(s), second row$50$50$50$50$50  
Folding second row seats$300$300$300  $300$300
Heated front seats   $200   
Leather seating surfaces   $900   
Leather-wrapped steering wheel$150$150$150$150$150 $150
Manual height adjuster, driver seat$50$50$50  $50$50
Suspension, Wheels, and Tires 
Touring suspension (upgrade)$0$0$0    
Ultra-sport suspension (upgrade)   $0$0  
Transmission 
Launch control    $100  
Short-throw shifter (optional)   $0   
Steering-wheel-mounted transmission controls  $100 $100  
Total Value of Features$3,150$2,375$6,650$8,300$6,650$2,525$2,925
Value of Feature Adjustments$775$0$4,275$5,925$4,275$150$550
Value of Feature Adjustments-7370-4,096-5,636-4,095-134-493

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year20122007
ModelLancerCorolla
Body4dr Sedan4dr Sedan
Wheelbase103.7 in102.4 in
Length180.0 in178.3 in
Width69.4 in66.9 in
Height58.7 in58.5 in
Curb Weight2,933 lb.2,531 lb.
Fuel Capacity15.3 gal.13.2 gal.
Row 1 Headroom39.6 in39.3 in
Row 1 Shoulder Room54.7 in53.1 in
Row 1 Hip Room53.3 in51.9 in
Row 1 Legroom42.2 in41.3 in
Row 2 Headroom36.9 in37.1 in
Row 2 Shoulder Room54.3 in53.5 in
Row 2 Hip Room54.1 in46.2 in
Row 2 Legroom36.1 in35.4 in
Cargo Volume11.6 ft313.5 ft3

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Option Package Details
Mitsubishi Lancer ES

Deluxe Package
FeatureValueRequested?
Sunroof900Yes
Leather-wrapped steering wheel150Yes
Satellite radio200No
Proximity key250No
Unbranded, 140W, 6 speakers350No
Alloy wheels350Yes
Touring suspension (upgrade)250No
4-wheel disc brakes150No
Voice control for external devices0No
USB port25No
Bluetooth audio streaming25No
Bluetooth cell phone link100No
Total Requested140051%
Total Not Requested135049%

Option Package Details
Mitsubishi Lancer Evolution GSR

Sunroof and Leather Package
FeatureValueRequested?
Leather seating surfaces900No
Heated front seats200No
Sunroof900Yes
Sound insulation, additional0No
Total Requested90045%
Total Not Requested110055%
Sight and Sound Package
FeatureValueRequested?
CD changer, in-dash200Yes
Xenon HID headlights500No
Satellite radio200No
Proximity key250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested20013%
Total Not Requested130087%

Option Package Details
Toyota Corolla LE

Stability control
FeatureValueRequested?
Stability control400Yes
Traction control100Yes
Total Requested500100%
Total Not Requested00%
Audio Value Package
FeatureValueRequested?
Cruise control150Yes
CD changer, in-dash200Yes
Total Requested350100%
Total Not Requested00%
Moon Roof/Side Airbags Package
FeatureValueRequested?
Front side airbags350Yes
Side curtain airbags350Yes
Sunroof900Yes
Total Requested1600100%
Total Not Requested00%

Option Package Details
Toyota Corolla S

Antilock brakes (ABS)
FeatureValueRequested?
Antilock brakes (ABS)400Yes
Tire-pressure monitor75Yes
Total Requested475100%
Total Not Requested00%
Stability control
FeatureValueRequested?
Stability control400Yes
Traction control100Yes
Total Requested500100%
Total Not Requested00%
Extra Value Package 1
FeatureValueRequested?
Cruise control150Yes
Alloy wheels350Yes
Rear spoiler200Yes
Power front side windows250Yes
Remote keyless entry225Yes
Power rear side windows200Yes
Total Requested1375100%
Total Not Requested00%
Moon Roof/Side Airbags Package
FeatureValueRequested?
Front side airbags350Yes
Side curtain airbags350Yes
Sunroof900Yes
Total Requested1600100%
Total Not Requested00%

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