Mitsubishi Lancer Mitsubishi Lancer 2012 Toyota Corolla Toyota Corolla 2011

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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: $20,314

Mitsubishi Lancer ES   
Difference: $355

Lowest Total Invoice: $18,991

Toyota Corolla S   
Difference: $270

Calculate Payments

  Down Payment Interest Rate Term
Model Year2012201220122012201220112011
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESGTRalliartEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $16,995 $19,845 $27,995 $34,495 $37,695 $17,600 $17,770
Base Invoice $16,277 $19,007 $26,813 $33,039 $36,105 $16,284 $16,469
Deluxe Package 1,550            
Remote start 595 595 595 595 595 529 529
Cargo mat 89 89 89 89 89    
Rear spoiler 290            
Sunroof and Leather Package       1,800      
Sight and Sound Package       2,100      
Premium Package           2,150  
Floor mats           200 200
Deluxe Audio             520
Sunroof             890
Deluxe Package 1,380            
Remote start 505 505 505 505 505 380 380
Cargo mat 59 59 59 59 59    
Rear spoiler 245            
Sunroof and Leather Package       1,602      
Sight and Sound Package       1,869      
Premium Package           1,914  
Floor mats           127 127
Deluxe Audio             462
Sunroof             793
Options (change) 2,524 684 684 4,584 684 2,879 2,139
Options (change) 2,189 564 564 4,035 564 2,421 1,762
Destination 795 795 795 795 795 760 760
Total Price $20,314 $21,324 $29,474 $39,874 $39,174 $21,239 $20,669
Total Invoice $19,261 $20,366 $28,172 $37,869 $37,464 $19,465 $18,991

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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 and Invoice: Mitsubishi Lancer ES
TrueDelta Adjusted Price Difference: $850
TrueDelta Adjusted Invoice Difference: $160
Model Year2012201220122012201220112011
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESGTRalliartEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine148hp I4168hp I4237hp I4291hp I4291hp I4132hp I4132hp I4
TransmissionM5M5S6M5S6A4M5
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)205/60-16215/45-18215/45-18245/40-18245/40-18205/55-16205/55-16
Total Price$20,314$21,324$29,474$39,874$39,174$21,239$20,669
Adjustments for Features-7750-4,350-6,000-4,350-850-200
Feature-Adjusted Total Price$19,539$21,324$25,124$33,874$34,824$20,389$20,469
Cost Above Minimum$0$1,785$5,585$14,335$15,285$0$80
Total Invoice$19,261$20,366$28,172$37,869$37,464$19,465$18,991
Adjustments for Features-7350-4,158-5,698-4,160-779-184
Feature-Adjusted Total Invoice$18,526$20,366$24,014$32,171$33,304$18,686$18,807
Cost Above Minimum$0$1,840$5,488$13,645$14,778$0$121

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year2012201220122012201220112011
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESGTRalliartEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
5-speed manual$0$0 $0  $0
6-speed automated manual  $1100 $1100  
4-speed automatic     $800 
FWD$0$0   $0$0
AWD  $1700$1700$1700  
Accessories 
Proximity key$250$250$250$250   
Tilt steering wheel, manual$150$150$150$150$150  
Tilt/telescoping steering wheel, manual     $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  $0$0
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
Bright-finished exhaust tip(s)$25$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 
CD changer, in-dash   $325   
CD player$125$125$125 $125$125$125
Satellite radio$200 $200$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$125
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  
Manual height adjuster, driver seat$50$50$50  $50$50
Metal pedals  $75$75$75  
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$2,750$1,975$6,325$7,975$6,325$2,825$2,175
Value of Feature Adjustments$775$0$4,350$6,000$4,350$850$200
Value of Feature Adjustments-7350-4,158-5,698-4,160-779-184

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year20122011
ModelLancerCorolla
Body4dr Sedan4dr Sedan
Wheelbase103.7 in102.4 in
Length180.0 in178.7 in
Width69.4 in69.3 in
Height58.7 in57.7 in
Curb Weight2,933 lb.2,724 lb.
Fuel Capacity15.3 gal.13.2 gal.
Row 1 Headroom39.6 in38.8 in
Row 1 Shoulder Room54.7 in54.8 in
Row 1 Hip Room53.3 in53.0 in
Row 1 Legroom42.2 in41.7 in
Row 2 Headroom36.9 in37.2 in
Row 2 Shoulder Room54.3 in54.6 in
Row 2 Hip Room54.1 in43.9 in
Row 2 Legroom36.1 in36.3 in
Cargo Volume11.6 ft312.3 ft3

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Option Package Details
Mitsubishi Lancer ES

Deluxe Package
FeatureValueRequested?
Sunroof900Yes
Leather-wrapped steering wheel150No
Satellite radio200Yes
Proximity key250No
Unbranded, 140W, 6 speakers350No
Touring suspension (upgrade)250No
4-wheel disc brakes150No
Alloy wheels350Yes
Bluetooth cell phone link100Yes
Voice control for external devices0No
USB port25Yes
Bluetooth audio streaming25Yes
Total Requested160058%
Total Not Requested115042%

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-dash200No
Xenon HID headlights500No
Satellite radio200Yes
Proximity key250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested20013%
Total Not Requested130087%

Option Package Details
Toyota Corolla LE

Floor mats
FeatureValueRequested?
Floor mats75Yes
Cargo mat40Yes
Total Requested115100%
Total Not Requested00%
Premium Package
FeatureValueRequested?
205/55R16 tires400No
Sunroof900Yes
Fog lights125Yes
Alloy wheels350Yes
Audio controls on steering wheel125Yes
Satellite radio200Yes
Bluetooth cell phone link100Yes
USB port25Yes
Bluetooth audio streaming25Yes
Total Requested185082%
Total Not Requested40018%

Option Package Details
Toyota Corolla S

Floor mats
FeatureValueRequested?
Floor mats75Yes
Cargo mat40Yes
Total Requested115100%
Total Not Requested00%
Deluxe Audio
FeatureValueRequested?
Satellite radio200Yes
Bluetooth cell phone link100Yes
USB port25Yes
Bluetooth audio streaming25Yes
Total Requested350100%
Total Not Requested00%

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