Mitsubishi Lancer Mitsubishi Lancer 2015 Toyota Corolla Toyota Corolla 2008

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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: $20,103

Toyota Corolla LE   
Difference: $342

Lowest Total Invoice: $18,038

Toyota Corolla LE   
Difference: $1,413

Calculate Payments

  Down Payment Interest Rate Term
Model Year2015201520152015201520082008
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESSEGTEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $17,395 $20,995 $20,595 $34,495 $38,995 $15,615 $15,450
Base Invoice $16,660 $20,109 $19,725 $33,039 $37,350 $14,131 $13,981
Deluxe Package 1,950            
Rear spoiler 290 290          
Premium Package   1,700          
Touring Package     5,150        
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)           300 300
Floor mats           88 88
Alloy wheels           390  
Extra Value Package 1             900
Deluxe Package 1,736            
Rear spoiler 245 245          
Premium Package   1,513          
Touring Package     4,584        
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)           258 258
Floor mats           55 55
Alloy wheels           312  
Extra Value Package 1             810
Options (change) 2,240 1,990 5,150 0 0 3,828 4,138
Options (change) 1,981 1,758 4,584 0 0 3,247 3,565
Destination 810 810 810 810 810 660 660
Total Price $20,445 $23,795 $26,555 $35,305 $39,805 $20,103 $20,248
Total Invoice $19,451 $22,677 $25,119 $33,849 $38,160 $18,038 $18,206

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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 SE
Lowest Adjusted Invoice: Toyota Corolla S
TrueDelta Adjusted Price Difference: $428
TrueDelta Adjusted Invoice Difference: $672
Model Year2015201520152015201520082008
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESSEGTEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine148hp I4168hp I4168hp I4291hp I4291hp I4126hp I4126hp I4
TransmissionM5CVT-6M5M5S6A4A4
DrivetrainFWDAWDFWDAWDAWDFWDFWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)140, 6710, 9710, 9140, 6710, 9?, 6?, 6
Tire (rear if not all the same)205/60-16205/60-16215/45-18245/40-18245/40-18195/65-15195/65-15
Total Price$20,445$23,795$26,555$35,305$39,805$20,103$20,248
Adjustments for Features-675-4,175-4,175-3,000-5,3500-200
Feature-Adjusted Total Price$19,770$19,620$22,380$32,305$34,455$20,103$20,048
Cost Above Minimum$150$0$2,760$12,685$14,835$55$0
Total Invoice$19,451$22,677$25,119$33,849$38,160$18,038$18,206
Adjustments for Features-642-3,979-3,949-2,876-5,1290-180
Feature-Adjusted Total Invoice$18,809$18,698$21,170$30,973$33,031$18,038$18,026
Cost Above Minimum$111$0$2,472$12,275$14,333$12$0

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year2015201520152015201520082008
ModelLancerLancerLancerLancerLancerCorollaCorolla
TrimESSEGTEvolution GSREvolution MRLES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
5-speed manual$0 $0$0   
6-speed manually-shiftable CVT $1100     
6-speed automated manual    $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  
Rearview camera $200$200    
Climate Control 
Automatic climate control, front  $200$200$200  
Intermittent wipers      $0
Rain-sensing wipers  $175 $175  
Variable intermittent wipers$75$75 $75 $75 
Drivetrain 
Active rear differential   $500$500  
Adjustable center differential   $275$275  
Limited-slip front differential   $500$500  
Exterior 
Body kit$0$0$0$0$0 $0
Bodyside moldings     $75$75
Bright-finished exhaust tip(s)$25$25$25$25$25  
Hood scoop   $100$100  
Rear spoiler$200$200$200 $200 $200
Sunroof$900$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 
CD player$125$125$125$125$125 $125
HD radio $50$50$50$50  
MP3-compatible player$50$50$50$50$50  
Navigation system  $600    
Satellite radio$200$200$200$200$200  
Surround sound $250$250 $250  
Traffic information  $25    
USB port$25$25$25$25$25  
Voice control for external devices$0$0$0$0$0  
Voice control for nav and audio  $100    
Instruments, Lights, and Mirrors 
Auto-dimming rearview mirror  $150 $150  
Automatic headlights  $125 $125  
Automatic-off headlights$25$25 $25   
Fog lights  $125$125$125 $125
Heated mirrors$25$25$25$25$25  
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$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
Metal pedals   $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  
Total Value of Features$3,200$6,700$6,700$5,525$7,875$2,525$2,725
Value of Feature Adjustments$675$4,175$4,175$3,000$5,350$0$200
Value of Feature Adjustments-642-3,979-3,949-2,876-5,1290-180

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year20152008
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
Touring suspension (upgrade)250No
4-wheel disc brakes150No
Alloy wheels350Yes
Upgraded instruments0No
Bluetooth cell phone link100No
Voice control for external devices0No
USB port25No
Bluetooth audio streaming25No
Total Requested140051%
Total Not Requested135049%

Option Package Details
Mitsubishi Lancer SE

Premium Package
FeatureValueRequested?
Sunroof900Yes
Leather-wrapped steering wheel150Yes
Surround sound250No
Proximity key250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested105055%
Total Not Requested85045%

Option Package Details
Mitsubishi Lancer GT

Touring Package
FeatureValueRequested?
Navigation system600No
Leather seating surfaces900No
Heated front seats200No
Auto-dimming rearview mirror150No
Rain-sensing wipers25No
Automatic headlights100No
Voice control for nav and audio100No
Traffic information25No
Sunroof900Yes
Xenon HID headlights500No
Surround sound250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested90022%
Total Not Requested320078%

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-dash200No
Total Requested15043%
Total Not Requested20057%
Moon Roof/Side Airbags Package
FeatureValueRequested?
Front side airbags350Yes
Side curtain airbags350Yes
Sunroof900Yes
Total Requested1600100%
Total Not Requested00%

Option Package Details
Toyota Corolla S

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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