Mitsubishi Lancer Mitsubishi Lancer 2016 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: $1,367

Lowest Total Invoice: $18,038

Toyota Corolla LE   
Difference: $2,576

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  Down Payment Interest Rate Term
Model Year201620082008
ModelLancerCorollaCorolla
TrimESLES
Body4dr Sedan4dr Sedan4dr Sedan
Base Price $17,595 $15,615 $15,450
Base Invoice $17,009 $14,131 $13,981
Sun and Sound Package 1,750    
Rear spoiler 290    
6-speed shiftable CVT 1,000    
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
Sun and Sound Package 1,558    
Rear spoiler 245    
6-speed shiftable CVT 967    
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) 3,040 3,828 4,138
Options (change) 2,770 3,247 3,565
Destination 835 660 660
Total Price $21,470 $20,103 $20,248
Total Invoice $20,614 $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 ES
Lowest Adjusted Invoice: Toyota Corolla S
TrueDelta Adjusted Price Difference: $753
TrueDelta Adjusted Invoice Difference: $500
Model Year201620082008
ModelLancerCorollaCorolla
TrimESLES
Body4dr Sedan4dr Sedan4dr Sedan
Engine148hp I4126hp I4126hp I4
TransmissionCVT-6A4A4
DrivetrainFWDFWDFWD
EPA Fuel Economy (city/highway)27/35 MPG26/35 MPG26/35 MPG
Audio (watts, speakers)710, 9?, 6?, 6
Tire (rear if not all the same)205/60-16195/65-15195/65-15
Total Price$21,470$20,103$20,248
Adjustments for Features-2,1750-200
Feature-Adjusted Total Price$19,295$20,103$20,048
Cost Above Minimum$0$55$0
Total Invoice$20,614$18,038$18,206
Adjustments for Features-2,0880-180
Feature-Adjusted Total Invoice$18,526$18,038$18,026
Cost Above Minimum$0$12$0

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year201620082008
ModelLancerCorollaCorolla
TrimESLES
Body4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
6-speed manually-shiftable CVT$1100  
4-speed automatic $800$800
FWD$0$0$0
Brakes, Airbags, and Other Safety 
4-wheel disc brakes$150  
Active or whiplash-reducing head restraints, front seats$0  
Brake assist$50  
Knee airbag, driver$75  
Rearview camera$200  
Climate Control 
Automatic climate control, front$200  
Intermittent wipers  $0
Variable intermittent wipers$75$75 
Exterior 
Body kit$0 $0
Bodyside moldings $75$75
Rear spoiler$200 $200
Infotainment 
Audio controls on steering wheel$125  
Aux input$50  
Bluetooth audio streaming$25  
Bluetooth cell phone link$100  
CD changer, in-dash $325 
CD player$125 $125
HD radio$50  
MP3-compatible player$50  
Satellite radio$200  
Surround sound$250  
USB port$25  
Voice control for external devices$0  
Instruments, Lights, and Mirrors 
Automatic-off headlights$25  
Fog lights$125 $125
Heated mirrors$25  
Trip computer$150  
Turn signals on or near mirrors$25  
Seats and Interior Trim 
Center armrest(s), second row$50  
Leather-wrapped steering wheel  $150
Total Value of Features$3,450$1,275$1,475
Value of Feature Adjustments$2,175$0$200
Value of Feature Adjustments-2,0880-180

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year20162008
ModelLancerCorolla
Body4dr Sedan4dr Sedan
Wheelbase103.7 in102.4 in
Length182.1 in178.3 in
Width69.4 in66.9 in
Height58.3 in58.5 in
Curb Weight2,954 lb.2,595 lb.
Fuel Capacity15.5 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 Legroom42.3 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 Volume12.3 ft313.5 ft3

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Option Package Details
Mitsubishi Lancer ES

Sun and Sound Package
FeatureValueRequested?
Sunroof900Yes
Satellite radio200No
Rearview camera200No
Surround sound250No
HD radio50No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested90046%
Total Not Requested105054%

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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