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Toyota Corolla vs. Mitsubishi Lancer 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.

Toyota Corolla vs. Mitsubishi Lancer Invoice Comparison

Lowest Total Price: $19,720

Mitsubishi Lancer ES   
Difference: $833

Lowest Total Invoice: $18,457

Toyota Corolla XRS   
Difference: $599

Calculate Payments

  Down Payment Interest Rate Term
Model Year200620162016
ModelCorollaLancerLancer
TrimXRSESGT
Body4dr Sedan4dr Sedan4dr Sedan
Base Price $17,880 $17,595 $22,495
Base Invoice $16,179 $17,009 $21,745
Power Package 605    
Moon Roof/Side Airbags Package 1,400    
Floor mats 88    
Rear spoiler   290  
6-speed shiftable CVT   1,000 1,000
Power Package 484    
Moon Roof/Side Airbags Package 1,159    
Floor mats 55    
Rear spoiler   245  
6-speed shiftable CVT   967 967
Options (change) 2,093 1,290 1,000
Options (change) 1,698 1,212 967
Destination 580 835 835
Total Price $20,553 $19,720 $24,330
Total Invoice $18,457 $19,056 $23,547

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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

Want to find out how much dealers are willing to discount these cars?

Request free, no-obligation Toyota Corolla dealer quotes or Mitsubishi Lancer 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: Toyota Corolla vs. Mitsubishi Lancer

Lowest Adjusted Price and Invoice: Mitsubishi Lancer ES
TrueDelta Adjusted Price Difference: $2,483
TrueDelta Adjusted Invoice Difference: $995
Model Year200620162016
ModelCorollaLancerLancer
TrimXRSESGT
Body4dr Sedan4dr Sedan4dr Sedan
Engine164hp I4148hp I4168hp I4
TransmissionM6CVT-6CVT-6
DrivetrainFWDFWDFWD
EPA Fuel Economy (city/highway)26/34 MPG24/31 MPG24/31 MPG
Audio (watts, speakers)?, 6140, 4710, 9
Tire (rear if not all the same)195/55-16205/60-16215/45-18
Total Price$20,553$19,720$24,330
Adjustments for Features0-1,650-5,225
Feature-Adjusted Total Price$20,553$18,070$19,105
Cost Above Minimum$0$0$1,035
Total Invoice$18,457$19,056$23,547
Adjustments for Features0-1,594-5,057
Feature-Adjusted Total Invoice$18,457$17,462$18,490
Cost Above Minimum$0$0$1,028

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year200620162016
ModelCorollaLancerLancer
TrimXRSESGT
Body4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
6-speed manual$150  
6-speed manually-shiftable CVT $1100$1100
FWD$0$0$0
Accessories 
Proximity key  $250
Brakes, Airbags, and Other Safety 
Active or whiplash-reducing head restraints, front seats $0$0
Brake assist $50$50
Knee airbag, driver $75$75
Rearview camera  $200
Stability control $400$400
Traction control $100$100
Climate Control 
Automatic climate control, front $200$200
Intermittent wipers$0  
Rain-sensing wipers  $175
Variable intermittent wipers $75 
Exterior 
Bodyside moldings$75  
Bright-finished exhaust tip(s)  $25
Sunroof$900 $900
Infotainment 
Audio controls on steering wheel $125$125
Aux input $50$50
Bluetooth audio streaming $25$25
Bluetooth cell phone link $100$100
HD radio  $50
MP3-compatible player $50$50
Satellite radio  $200
Surround sound  $250
Voice control for external devices $0$0
Instruments, Lights, and Mirrors 
Auto-dimming rearview mirror  $150
Automatic headlights  $125
Automatic-off headlights $25 
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
Folding second row seats $300$300
Heated front seats  $200
Leather seating surfaces  $900
Leather-wrapped steering wheel$150 $150
Suspension, Wheels, and Tires 
Sport suspension (upgrade)$0  
Touring suspension (upgrade)  $0
Transmission 
Steering-wheel-mounted transmission controls  $100
Total Value of Features$1,275$2,925$6,500
Value of Feature Adjustments$0$1,650$5,225
Value of Feature Adjustments0-1,594-5,057

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See a complete comparison of Toyota Corolla vs. Mitsubishi Lancer features.

Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20062016
ModelCorollaLancer
Body4dr Sedan4dr Sedan
Wheelbase102.4 in103.7 in
Length178.3 in182.1 in
Width66.9 in69.4 in
Height58.5 in58.3 in
Curb Weight2,670 lb.3,043 lb.
Fuel Capacity13.2 gal.15.5 gal.
Row 1 Headroom39.3 in39.6 in
Row 1 Shoulder Room53.1 in54.7 in
Row 1 Hip Room51.9 in53.3 in
Row 1 Legroom41.3 in42.3 in
Row 2 Headroom37.1 in36.9 in
Row 2 Shoulder Room53.5 in54.3 in
Row 2 Hip Room46.2 in54.1 in
Row 2 Legroom35.4 in36.1 in
Cargo Volume13.5 ft312.3 ft3

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See a complete comparison of Toyota Corolla vs. Mitsubishi Lancer specs.

Option Package Details
Toyota Corolla XRS

Power Package
FeatureValueRequested?
Power front side windows250Yes
Remote keyless entry225Yes
Power rear side windows200No
Total Requested47570%
Total Not Requested20030%
Moon Roof/Side Airbags Package
FeatureValueRequested?
Front side airbags350Yes
Side curtain airbags350Yes
Sunroof900Yes
Total Requested1600100%
Total Not Requested00%

Option Package Details
Mitsubishi Lancer GT

6-speed manually-shiftable CVT
FeatureValueRequested?
6-speed manually-shiftable CVT0Yes
Steering-wheel-mounted transmission controls100No
Total Requested00%
Total Not Requested100100%

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