| 1 | 0 | 3 | 4 | 3 | 4 |
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.
Models in short supply often sell at or even above these prices.
Mitsubishi Lancer vs. Toyota Corolla Invoice Comparison
Lowest Total Price: $20,540 Toyota Corolla S | |||||||
| Difference: $2,280 | |||||||
Lowest Total Invoice: $18,975 Toyota Corolla S | |||||||
| Difference: $2,601 | |||||||
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| Model Year | 2015 | 2015 | 2015 | 2015 | 2015 | 2012 | 2012 |
| Model | Lancer | Lancer | Lancer | Lancer | Lancer | Corolla | Corolla |
| Trim | ES | SE | GT | Evolution GSR | Evolution MR | LE | S |
| Body | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan |
| Base Price | $17,395 | $20,995 | $20,595 | $34,495 | $38,995 | $17,910 | $17,990 |
| Base Invoice | $16,660 | $20,109 | $19,725 | $33,039 | $37,350 | $16,570 | $16,674 |
| Navigation system | 2,375 | 2,375 | 2,375 | 2,375 | |||
| Deluxe Package | 1,950 | ||||||
| Rear spoiler | 290 | 290 | |||||
| Premium Package | 1,700 | 860 | |||||
| Touring Package | 5,150 | ||||||
| Entune | 1,170 | 1,170 | |||||
| Floor mats | 200 | 200 | |||||
| Sunroof | 420 | ||||||
| Navigation system | 2,125 | 2,125 | 2,125 | 2,125 | |||
| Deluxe Package | 1,736 | ||||||
| Rear spoiler | 245 | 245 | |||||
| Premium Package | 1,513 | 765 | |||||
| Touring Package | 4,584 | ||||||
| Entune | 1,041 | 1,041 | |||||
| Floor mats | 127 | 127 | |||||
| Sunroof | 373 | ||||||
| Options (change) | 4,615 | 4,365 | 5,150 | 2,375 | 2,375 | 2,230 | 1,790 |
| Options (change) | 4,106 | 3,883 | 4,584 | 2,125 | 2,125 | 1,933 | 1,541 |
| Destination | 810 | 810 | 810 | 810 | 810 | 760 | 760 |
| Total Price | $22,820 | $26,170 | $26,555 | $37,680 | $42,180 | $20,900 | $20,540 |
| Total Invoice | $21,576 | $24,802 | $25,119 | $35,974 | $40,285 | $19,263 | $18,975 |
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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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Want to find out how much dealers are willing to discount these cars? Request free, no-obligation Mitsubishi Lancer dealer quotes or Toyota Corolla dealer quotes from dealers using our car quote form. The process is easy and takes just a minute or two. You'll receive price quotes from local approved dealers within 48 hours. |
TrueDelta Value Comparison: Mitsubishi Lancer vs. Toyota Corolla
| Lowest Adjusted Price and Invoice: Toyota Corolla LE | |||||||
| TrueDelta Adjusted Price Difference: $1,935 | |||||||
| TrueDelta Adjusted Invoice Difference: $2,361 | |||||||
| Model Year | 2015 | 2015 | 2015 | 2015 | 2015 | 2012 | 2012 |
| Model | Lancer | Lancer | Lancer | Lancer | Lancer | Corolla | Corolla |
| Trim | ES | SE | GT | Evolution GSR | Evolution MR | LE | S |
| Body | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan |
| Engine | 148hp I4 | 168hp I4 | 168hp I4 | 291hp I4 | 291hp I4 | 132hp I4 | 132hp I4 |
| Transmission | M5 | CVT-6 | M5 | M5 | S6 | A4 | M5 |
| Drivetrain | FWD | AWD | FWD | AWD | AWD | FWD | FWD |
| EPA Fuel Economy (city/highway) | / MPG | / MPG | / MPG | / MPG | / MPG | / MPG | / MPG |
| Audio (watts, speakers) | 140, 6 | 710, 9 | 710, 9 | 140, 6 | 710, 9 | ?, 6 | ?, 6 |
| Tire (rear if not all the same) | 205/60-16 | 205/60-16 | 215/45-18 | 245/40-18 | 245/40-18 | 205/55-16 | 205/55-16 |
| Total Price | $22,820 | $26,170 | $26,555 | $37,680 | $42,180 | $20,900 | $20,540 |
| Adjustments for Features | -485 | -3,985 | -3,260 | -2,810 | -5,160 | -650 | 0 |
| Feature-Adjusted Total Price | $22,335 | $22,185 | $23,295 | $34,870 | $37,020 | $20,250 | $20,540 |
| Cost Above Minimum | $150 | $0 | $1,110 | $12,685 | $14,835 | $0 | $290 |
| Total Invoice | $21,576 | $24,802 | $25,119 | $35,974 | $40,285 | $19,263 | $18,975 |
| Adjustments for Features | -459 | -3,777 | -3,084 | -2,683 | -4,928 | -599 | 0 |
| Feature-Adjusted Total Invoice | $21,117 | $21,025 | $22,035 | $33,291 | $35,357 | $18,664 | $18,975 |
| Cost Above Minimum | $92 | $0 | $1,010 | $12,266 | $14,332 | $0 | $311 |
Features Comparison: Mitsubishi Lancer vs. Toyota Corolla
| Model Year | 2015 | 2015 | 2015 | 2015 | 2015 | 2012 | 2012 |
| Model | Lancer | Lancer | Lancer | Lancer | Lancer | Corolla | Corolla |
| Trim | ES | SE | GT | Evolution GSR | Evolution MR | LE | S |
| Body | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan | 4dr Sedan |
| Transmission and Drivetrain | |||||||
| 5-speed manual | $0 | $0 | $0 | $0 | |||
| 6-speed manually-shiftable CVT | $1100 | ||||||
| 6-speed automated manual | $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 | ||
| Rearview camera | $200 | $200 | |||||
| Cargo Management | |||||||
| Cargo mat | $40 | $40 | |||||
| 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 | |
| Bright-finished exhaust tip(s) | $25 | $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 | |||||||
| App support | $0 | $0 | |||||
| HD radio | $50 | $50 | $50 | $50 | $50 | $50 | |
| SMS text-to-speech reader | $25 | $25 | |||||
| Surround sound | $250 | $250 | $250 | ||||
| Traffic + travel information | $25 | $25 | |||||
| Traffic information | $25 | $25 | $25 | $25 | $25 | ||
| Voice control for external devices | $0 | $0 | $0 | $0 | $0 | ||
| 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 | $125 | ||
| Heated mirrors | $25 | $25 | $25 | $25 | $25 | ||
| 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 | ||
| 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 | $2,475 | $5,975 | $5,250 | $4,800 | $7,150 | $2,640 | $1,990 |
| Value of Feature Adjustments | $485 | $3,985 | $3,260 | $2,810 | $5,160 | $650 | $0 |
| Value of Feature Adjustments | -459 | -3,777 | -3,084 | -2,683 | -4,928 | -599 | 0 |
Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla
| Model Year | 2015 | 2012 |
| Model | Lancer | Corolla |
| Body | 4dr Sedan | 4dr Sedan |
| Wheelbase | 103.7 in | 102.4 in |
| Length | 180.0 in | 178.7 in |
| Width | 69.4 in | 69.3 in |
| Height | 58.7 in | 57.7 in |
| Curb Weight | 2,933 lb. | 2,724 lb. |
| Fuel Capacity | 15.3 gal. | 13.2 gal. |
| Row 1 Headroom | 39.6 in | 38.8 in |
| Row 1 Shoulder Room | 54.7 in | 54.8 in |
| Row 1 Hip Room | 53.3 in | 53.0 in |
| Row 1 Legroom | 42.2 in | 41.7 in |
| Row 2 Headroom | 36.9 in | 37.2 in |
| Row 2 Shoulder Room | 54.3 in | 54.6 in |
| Row 2 Hip Room | 54.1 in | 43.9 in |
| Row 2 Legroom | 36.1 in | 36.3 in |
| Cargo Volume | 11.6 ft3 | 12.3 ft3 |
Option Package Details
Mitsubishi Lancer ES
| Deluxe Package | ||
| Feature | Value | Requested? |
| Sunroof | 900 | Yes |
| Leather-wrapped steering wheel | 150 | No |
| Satellite radio | 200 | Yes |
| Proximity key | 250 | No |
| Unbranded, 140W, 6 speakers | 350 | No |
| Touring suspension (upgrade) | 250 | No |
| 4-wheel disc brakes | 150 | No |
| Alloy wheels | 350 | Yes |
| Upgraded instruments | 0 | No |
| Bluetooth cell phone link | 100 | Yes |
| Voice control for external devices | 0 | No |
| USB port | 25 | Yes |
| Bluetooth audio streaming | 25 | Yes |
| Total Requested | 1600 | 58% |
| Total Not Requested | 1150 | 42% |
Option Package Details
Mitsubishi Lancer SE
| Premium Package | ||
| Feature | Value | Requested? |
| Sunroof | 900 | Yes |
| Leather-wrapped steering wheel | 150 | No |
| Surround sound | 250 | No |
| Proximity key | 250 | No |
| Rockford Fosgate, 710W, 9 speakers (with subwoofer) | 350 | No |
| Total Requested | 900 | 47% |
| Total Not Requested | 1000 | 53% |
Option Package Details
Mitsubishi Lancer GT
| Touring Package | ||
| Feature | Value | Requested? |
| Navigation system | 600 | Yes |
| Leather seating surfaces | 900 | No |
| Heated front seats | 200 | No |
| Auto-dimming rearview mirror | 150 | No |
| Rain-sensing wipers | 25 | No |
| Automatic headlights | 100 | No |
| Voice control for nav and audio | 100 | Yes |
| Traffic information | 25 | Yes |
| Sunroof | 900 | Yes |
| Xenon HID headlights | 500 | No |
| Surround sound | 250 | No |
| Rockford Fosgate, 710W, 9 speakers (with subwoofer) | 350 | No |
| Total Requested | 1625 | 40% |
| Total Not Requested | 2475 | 60% |
Option Package Details
Toyota Corolla LE
| Floor mats | ||
| Feature | Value | Requested? |
| Floor mats | 75 | Yes |
| Cargo mat | 40 | No |
| Total Requested | 75 | 65% |
| Total Not Requested | 40 | 35% |
| Premium Package | ||
| Feature | Value | Requested? |
| Sunroof | 900 | Yes |
| Fog lights | 125 | Yes |
| Alloy wheels | 350 | Yes |
| Total Requested | 1375 | 100% |
| Total Not Requested | 0 | 0% |
| Entune | ||
| Feature | Value | Requested? |
| Navigation system | 600 | Yes |
| Satellite radio | 200 | Yes |
| Voice control for nav and audio | 100 | Yes |
| HD radio | 50 | Yes |
| SMS text-to-speech reader | 25 | No |
| Traffic + travel information | 25 | No |
| App support | 0 | No |
| Total Requested | 950 | 95% |
| Total Not Requested | 50 | 5% |
Option Package Details
Toyota Corolla S
| Floor mats | ||
| Feature | Value | Requested? |
| Floor mats | 75 | Yes |
| Cargo mat | 40 | No |
| Total Requested | 75 | 65% |
| Total Not Requested | 40 | 35% |
| Entune | ||
| Feature | Value | Requested? |
| Navigation system | 600 | Yes |
| Satellite radio | 200 | Yes |
| Voice control for nav and audio | 100 | Yes |
| HD radio | 50 | Yes |
| SMS text-to-speech reader | 25 | No |
| Traffic + travel information | 25 | No |
| App support | 0 | No |
| Total Requested | 950 | 95% |
| Total Not Requested | 50 | 5% |
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