Mitsubishi Lancer Mitsubishi Lancer 2015 Toyota Corolla Toyota Corolla 2014

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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: $23,495

Toyota Corolla LE Eco   
Difference: $3,060

Lowest Total Invoice: $21,661

Toyota Corolla LE Eco   
Difference: $3,458

Calculate Payments

  Down Payment Interest Rate Term
Model Year201520142014
ModelLancerCorollaCorolla
TrimGTLE EcoS
Body4dr Sedan4dr Sedan4dr Sedan
Base Price $20,595 $18,700 $19,000
Base Invoice $19,725 $17,314 $17,592
Touring Package 5,150    
Driver Convenience Package   1,510  
Sunroof   850  
Premium Package   1,400 1,400
Floor mats   225 225
Plus Package     2,300
Touring Package 4,584    
Driver Convenience Package   1,343  
Sunroof   757  
Premium Package   1,297 1,297
Floor mats   140 140
Plus Package     2,130
Options (change) 5,150 3,985 3,925
Options (change) 4,584 3,537 3,567
Destination 810 810 810
Total Price $26,555 $23,495 $23,735
Total Invoice $25,119 $21,661 $21,969

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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: Toyota Corolla LE Eco
TrueDelta Adjusted Price Difference: $3,075
TrueDelta Adjusted Invoice Difference: $3,458
Model Year201520142014
ModelLancerCorollaCorolla
TrimGTLE EcoS
Body4dr Sedan4dr Sedan4dr Sedan
Engine168hp I4140hp I4132hp I4
TransmissionM5CVT-7M6
DrivetrainFWDFWDFWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG
Audio (watts, speakers)710, 9?, 6?, 6
Tire (rear if not all the same)215/45-18205/55-16215/45-17
Total Price$26,555$23,495$23,735
Adjustments for Features-585-6000
Feature-Adjusted Total Price$25,970$22,895$23,735
Cost Above Minimum$0$0$840
Total Invoice$25,119$21,661$21,969
Adjustments for Features-553-5530
Feature-Adjusted Total Invoice$24,566$21,108$21,969
Cost Above Minimum$0$0$861

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year201520142014
ModelLancerCorollaCorolla
TrimGTLE EcoS
Body4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
5-speed manual$0  
7-speed manually-shiftable CVT $1100 
6-speed manual  $150
FWD$0$0$0
Accessories 
Tilt steering wheel, manual$150  
Tilt/telescoping steering wheel, manual $250$250
Brakes, Airbags, and Other Safety 
4-wheel disc brakes$150 $150
Seat cushion airbag, passenger $75$75
Cargo Management 
Cargo mat $40$40
Climate Control 
Rain-sensing wipers$175  
Variable intermittent wipers $75$75
Exterior 
Body kit$0  
Bright-finished exhaust tip(s)$25 $25
Infotainment 
App support $0$0
DVD-compatible player $0$0
SMS text-to-speech reader $25$25
Surround sound$250  
Traffic + travel information $25$25
Traffic information$25  
Voice control for external devices$0  
Instruments, Lights, and Mirrors 
Auto-dimming rearview mirror$150  
Automatic headlights$125  
LED headlights, single projector or low beam only $750$750
Turn signals on or near mirrors$25 $25
Xenon HID headlights$500  
Seats and Interior Trim 
Center armrest(s), second row$50  
Leather seating surfaces$900  
Leather-wrapped steering wheel$150 $150
Manual height adjuster, driver seat$50  
Power fore-aft adjuster, driver seat $100$100
Power height adjuster, driver seat $100$100
Power recliner, driver seat $100$100
Power tilt adjuster, driver seat $100$100
Synthetic leather seating surfaces $0$0
Suspension, Wheels, and Tires 
Touring suspension (upgrade)$0  
Total Value of Features$2,725$2,740$2,140
Value of Feature Adjustments$585$600$0
Value of Feature Adjustments-553-5530

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year20152014
ModelLancerCorolla
Body4dr Sedan4dr Sedan
Wheelbase103.7 in106.3 in
Length180.0 in182.6 in
Width69.4 in69.9 in
Height58.7 in57.3 in
Curb Weight2,933 lb.2,801 lb.
Fuel Capacity15.3 gal.13.2 gal.
Row 1 Headroom39.6 in38.3 in
Row 1 Shoulder Room54.7 in54.8 in
Row 1 Hip Room53.3 in53.0 in
Row 1 Legroom42.2 in40.2 in
Row 2 Headroom36.9 in37.1 in
Row 2 Shoulder Room54.3 in54.8 in
Row 2 Hip Room54.1 in43.9 in
Row 2 Legroom36.1 in41.3 in
Cargo Volume11.6 ft313.0 ft3

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Option Package Details
Mitsubishi Lancer GT

Touring Package
FeatureValueRequested?
Navigation system600Yes
Leather seating surfaces900No
Heated front seats200Yes
Auto-dimming rearview mirror150No
Rain-sensing wipers25No
Automatic headlights100No
Voice control for nav and audio100Yes
Traffic information25Yes
Sunroof900Yes
Xenon HID headlights500Yes
Surround sound250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested232557%
Total Not Requested177543%

Option Package Details
Toyota Corolla LE Eco

Floor mats
FeatureValueRequested?
Floor mats75Yes
Cargo mat40No
Total Requested7565%
Total Not Requested4035%
Driver Convenience Package
FeatureValueRequested?
Proximity key250Yes
Navigation system600Yes
DVD-compatible player0No
Voice control for nav and audio75Yes
App support0No
Satellite radio200Yes
HD radio50Yes
Traffic + travel information25No
Total Requested117598%
Total Not Requested252%
Premium Package
FeatureValueRequested?
Heated front seats200Yes
Power fore-aft adjuster, driver seat100No
Power height adjuster, driver seat50No
Power tilt adjuster, driver seat100No
Power recliner, driver seat100No
Synthetic leather seating surfaces0No
Fog lights125Yes
Alloy wheels350Yes
205/55HR16 tires400No
Total Requested67547%
Total Not Requested75053%

Option Package Details
Toyota Corolla S

Floor mats
FeatureValueRequested?
Floor mats75Yes
Cargo mat40No
Total Requested7565%
Total Not Requested4035%
Plus Package
FeatureValueRequested?
6-speed manual0No
Sunroof900Yes
Proximity key250Yes
4-wheel disc brakes150Yes
Alloy wheels350Yes
215/45WR17 tires400No
Navigation system600Yes
DVD-compatible player0No
Voice control for nav and audio75Yes
App support0No
Satellite radio200Yes
HD radio50Yes
Traffic + travel information25No
Total Requested257586%
Total Not Requested42514%
Premium Package
FeatureValueRequested?
Heated front seats200Yes
Power fore-aft adjuster, driver seat100No
Power height adjuster, driver seat50No
Power tilt adjuster, driver seat100No
Power recliner, driver seat100No
Synthetic leather seating surfaces0No
4-wheel disc brakes150Yes
Alloy wheels350Yes
215/45WR17 tires400No
Total Requested70048%
Total Not Requested75052%

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