Toyota Corolla Toyota Corolla 2007 Mitsubishi Lancer Mitsubishi Lancer 2009

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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: $19,865

Mitsubishi Lancer ES   
Difference: $247

Lowest Total Invoice: $18,020

Toyota Corolla LE   
Difference: $741

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  Down Payment Interest Rate Term
Model Year2007200720092009
ModelCorollaCorollaLancerLancer
TrimLESESGTS
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $15,515 $15,350 $16,540 $18,340
Base Invoice $14,040 $13,891 $15,758 $17,473
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) 390 390    
Cargo mat 59 59 80 80
Floor mats 88 88    
Alloy wheels 390      
Extra Value Package 1   900    
CD changer, in-dash   200    
Sport Package     800  
Sun and Sound Package     1,750 1,750
Touring Package       1,000
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) 335 335    
Cargo mat 36 36 51 51
Floor mats 55 55    
Alloy wheels 312      
Extra Value Package 1   810    
CD changer, in-dash   150    
Sport Package     708  
Sun and Sound Package     1,549 1,549
Touring Package       885
Options (change) 3,977 4,487 2,630 2,830
Options (change) 3,360 3,828 2,308 2,485
Destination 620 620 695 695
Total Price $20,112 $20,457 $19,865 $21,865
Total Invoice $18,020 $18,339 $18,761 $20,653

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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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Request free, no-obligation Toyota Corolla dealer quotes or Mitsubishi Lancer dealer quotes from dealers using our car quote form.

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TrueDelta Value Comparison: Toyota Corolla vs. Mitsubishi Lancer

Lowest Adjusted Price: Mitsubishi Lancer ES
Lowest Adjusted Invoice: Toyota Corolla S
TrueDelta Adjusted Price Difference: $467
TrueDelta Adjusted Invoice Difference: $521
Model Year2007200720092009
ModelCorollaCorollaLancerLancer
TrimLESESGTS
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine126hp I4126hp I4152hp I4168hp I4
TransmissionA4A4M5M5
DrivetrainFWDFWDFWDFWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)?, 6?, 6650, 9650, 9
Tire (rear if not all the same)195/65-15195/65-15205/60-16215/45-18
Total Price$20,112$20,457$19,865$21,865
Adjustments for Features0-400-275-1,775
Feature-Adjusted Total Price$20,112$20,057$19,590$20,090
Cost Above Minimum$55$0$0$500
Total Invoice$18,020$18,339$18,761$20,653
Adjustments for Features0-359-260-1,677
Feature-Adjusted Total Invoice$18,020$17,980$18,501$18,976
Cost Above Minimum$40$0$0$475

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year2007200720092009
ModelCorollaCorollaLancerLancer
TrimLESESGTS
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
4-speed automatic$800$800  
5-speed manual  $0$0
FWD$0$0$0$0
Accessories 
Proximity key  $250$250
Brakes, Airbags, and Other Safety 
4-wheel disc brakes  $150$150
Active or whiplash-reducing head restraints, front seats  $0$0
Knee airbag, driver  $75$75
Stability control$400$400 $400
Traction control$100$100 $100
Climate Control 
Automatic climate control, front   $200
Intermittent wipers $0  
Rain-sensing wipers   $175
Variable intermittent wipers$75 $75 
Exterior 
Body kit $0$0$0
Bodyside moldings$75$75  
Bright-finished exhaust tip(s)  $25$25
Rear spoiler $200$200$200
Infotainment 
Audio controls on steering wheel  $125$125
Aux input  $50$50
Bluetooth cell phone link   $100
MP3-compatible player  $50$50
Satellite radio  $200$200
Instruments, Lights, and Mirrors 
Automatic headlights   $125
Automatic-off headlights  $25 
Fog lights $125$125$125
Trip computer  $150$150
Turn signals on or near mirrors  $25$25
Xenon HID headlights   $500
Seats and Interior Trim 
Center armrest(s), second row  $50$50
Leather-wrapped steering wheel $150$150$150
Suspension, Wheels, and Tires 
Sport suspension (upgrade)   $0
Touring suspension (upgrade)  $0 
Total Value of Features$1,450$1,850$1,725$3,225
Value of Feature Adjustments$0$400$275$1,775
Value of Feature Adjustments0-359-260-1,677

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Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20072009
ModelCorollaLancer
Body4dr Sedan4dr Sedan
Wheelbase102.4 in103.7 in
Length178.3 in180.0 in
Width66.9 in69.4 in
Height58.5 in58.7 in
Curb Weight2,531 lb.2,923 lb.
Fuel Capacity13.2 gal.15.3 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 in42.2 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 ft311.6 ft3

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Option Package Details
Toyota Corolla LE

Audio Value Package
FeatureValueRequested?
Cruise control150Yes
CD changer, in-dash200Yes
Total Requested350100%
Total Not Requested00%
Moon Roof/Side Airbags Package
FeatureValueRequested?
Front side airbags350Yes
Side curtain airbags350Yes
Sunroof900Yes
Total Requested1600100%
Total Not Requested00%

Option Package Details
Toyota Corolla S

Extra Value Package 1
FeatureValueRequested?
Cruise control150Yes
Rear spoiler200Yes
Alloy wheels350Yes
Remote keyless entry225Yes
Power front side windows250Yes
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%

Option Package Details
Mitsubishi Lancer ES

Sport Package
FeatureValueRequested?
Fog lights125Yes
Leather-wrapped steering wheel150Yes
Body kit0Yes
Rear spoiler200Yes
Total Requested475100%
Total Not Requested00%
Sun and Sound Package
FeatureValueRequested?
Sunroof900Yes
CD changer, in-dash200Yes
Satellite radio200No
Proximity key250No
Rockford Fosgate, 650W, 9 speakers (with subwoofer)350No
Aux input50No
Total Requested110056%
Total Not Requested85044%

Option Package Details
Mitsubishi Lancer GTS

Sun and Sound Package
FeatureValueRequested?
Sunroof900Yes
CD changer, in-dash200Yes
Satellite radio200No
Proximity key250No
Rockford Fosgate, 650W, 9 speakers (with subwoofer)350No
Aux input50No
Total Requested110056%
Total Not Requested85044%
Touring Package
FeatureValueRequested?
Traction control100Yes
Stability control400Yes
Rain-sensing wipers25No
Automatic headlights100No
Xenon HID headlights500No
Total Requested50044%
Total Not Requested62556%

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