Mitsubishi Lancer Mitsubishi Lancer 2017 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: $847

Lowest Total Invoice: $18,038

Toyota Corolla LE   
Difference: $2,207

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  Down Payment Interest Rate Term
Model Year2017201720082008
ModelLancerLancerCorollaCorolla
TrimESLELES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $17,795 $19,795 $15,615 $15,450
Base Invoice $17,202 $19,135 $14,131 $13,981
Sun and Sound Package 1,600      
Rear spoiler 290 290    
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 1,424      
Rear spoiler 245 245    
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) 2,890 290 3,828 4,138
Options (change) 2,636 245 3,247 3,565
Destination 865 865 660 660
Total Price $21,550 $20,950 $20,103 $20,248
Total Invoice $20,703 $20,245 $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.

Dealer Price Quotes

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TrueDelta Value Comparison: Mitsubishi Lancer vs. Toyota Corolla

Lowest Adjusted Price: Mitsubishi Lancer LE
Lowest Adjusted Invoice: Toyota Corolla S
TrueDelta Adjusted Price Difference: $1,223
TrueDelta Adjusted Invoice Difference: $166
Model Year2017201720082008
ModelLancerLancerCorollaCorolla
TrimESLELES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine148hp I4148hp I4126hp I4126hp I4
TransmissionCVT-6CVT-6A4A4
DrivetrainFWDFWDFWDFWD
EPA Fuel Economy (city/highway)27/34 MPG27/34 MPG26/35 MPG26/35 MPG
Audio (watts, speakers)710, 9140, 4?, 6?, 6
Tire (rear if not all the same)205/60-16205/60-16195/65-15195/65-15
Total Price$21,550$20,950$20,103$20,248
Adjustments for Features-2,175-2,1250-200
Feature-Adjusted Total Price$19,375$18,825$20,103$20,048
Cost Above Minimum$550$0$55$0
Total Invoice$20,703$20,245$18,038$18,206
Adjustments for Features-2,090-2,0530-180
Feature-Adjusted Total Invoice$18,613$18,192$18,038$18,026
Cost Above Minimum$421$0$12$0

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Features Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year2017201720082008
ModelLancerLancerCorollaCorolla
TrimESLELES
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
6-speed manually-shiftable CVT$1100$1100  
4-speed automatic  $800$800
FWD$0$0$0$0
Brakes, Airbags, and Other Safety 
4-wheel disc brakes$150$150  
Active or whiplash-reducing head restraints, front seats$0$0  
Brake assist$50$50  
Knee airbag, driver$75$75  
Rearview camera$200$200  
Climate Control 
Automatic climate control, front$200$200  
Intermittent wipers   $0
Variable intermittent wipers$75$75$75 
Exterior 
Black exterior trim (optional) $0  
Body kit$0$0 $0
Bodyside moldings  $75$75
Rear spoiler$200$200 $200
Infotainment 
Android Auto support $100  
Apple CarPlay support $100  
Audio controls on steering wheel$125$125  
Aux input$50$50  
Bluetooth audio streaming$25$25  
Bluetooth cell phone link$100$100  
CD changer, in-dash  $325 
CD player$125$125 $125
HD radio$50$50  
MP3-compatible player$50$50  
Satellite radio$200   
Surround sound$250   
USB port$25   
Voice control for external devices$0   
Instruments, Lights, and Mirrors 
Automatic-off headlights$25$25  
Fog lights$125$125 $125
Heated mirrors$25$25  
Trip computer$150$150  
Turn signals on or near mirrors$25$25  
Seats and Interior Trim 
Center armrest(s), second row$50$50  
Leather-wrapped steering wheel $150 $150
Metal pedals $75  
Suspension, Wheels, and Tires 
Wheels, dark finish $0  
Total Value of Features$3,450$3,400$1,275$1,475
Value of Feature Adjustments$2,175$2,125$0$200
Value of Feature Adjustments-2,090-2,0530-180

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Specifications Comparison: Mitsubishi Lancer vs. Toyota Corolla

Model Year20172008
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
Surround sound250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested90053%
Total Not Requested80047%

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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