Toyota Corolla Toyota Corolla 2008 Mitsubishi Lancer Mitsubishi Lancer 2012

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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: $19,719

Mitsubishi Lancer ES   
Difference: $443

Lowest Total Invoice: $18,074

Toyota Corolla LE   
Difference: $682

Calculate Payments

  Down Payment Interest Rate Term
Model Year2008200820122012201220122012
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESGTRalliartEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $15,615 $15,450 $16,995 $19,845 $27,995 $34,495 $37,695
Base Invoice $14,131 $13,981 $16,277 $19,007 $26,813 $33,039 $36,105
Audio Value Package 200            
Stability control 650 650          
4-speed automatic 800 800          
Antilock brakes (ABS) 300 300          
Moon Roof/Side Airbags Package 1,400 1,400          
Cargo mat 59 59 89 89 89 89 89
Floor mats 88 88          
Alloy wheels 390            
Extra Value Package 1   900          
CD changer, in-dash   200          
Deluxe Package     1,550        
Rear spoiler     290        
Sunroof and Leather Package           1,800  
Sight and Sound Package           2,100  
Audio Value Package 180            
Stability control 559 559          
4-speed automatic 724 724          
Antilock brakes (ABS) 258 258          
Moon Roof/Side Airbags Package 1,159 1,159          
Cargo mat 36 36 59 59 59 59 59
Floor mats 55 55          
Alloy wheels 312            
Extra Value Package 1   810          
CD changer, in-dash   150          
Deluxe Package     1,380        
Rear spoiler     245        
Sunroof and Leather Package           1,602  
Sight and Sound Package           1,869  
Options (change) 3,887 4,397 1,929 89 89 3,989 89
Options (change) 3,283 3,751 1,684 59 59 3,530 59
Destination 660 660 795 795 795 795 795
Total Price $20,162 $20,507 $19,719 $20,729 $28,879 $39,279 $38,579
Total Invoice $18,074 $18,392 $18,756 $19,861 $27,667 $37,364 $36,959

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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: Toyota Corolla vs. Mitsubishi Lancer

Lowest Adjusted Price: Mitsubishi Lancer ES
Lowest Adjusted Invoice: Toyota Corolla S
TrueDelta Adjusted Price Difference: $1,038
TrueDelta Adjusted Invoice Difference: $98
Model Year2008200820122012201220122012
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESGTRalliartEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine126hp I4126hp I4148hp I4168hp I4237hp I4291hp I4291hp I4
TransmissionA4A4M5M5S6M5S6
DrivetrainFWDFWDFWDFWDAWDAWDAWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)?, 6?, 6140, 6140, 6140, 6710, 9140, 6
Tire (rear if not all the same)195/65-15195/65-15205/60-16215/45-18215/45-18245/40-18245/40-18
Total Price$20,162$20,507$19,719$20,729$28,879$39,279$38,579
Adjustments for Features-125-525-7750-4,350-6,000-4,350
Feature-Adjusted Total Price$20,037$19,982$18,944$20,729$24,529$33,279$34,229
Cost Above Minimum$55$0$0$1,785$5,585$14,335$15,285
Total Invoice$18,074$18,392$18,756$19,861$27,667$37,364$36,959
Adjustments for Features-112-471-7370-4,167-5,707-4,167
Feature-Adjusted Total Invoice$17,962$17,921$18,019$19,861$23,500$31,657$32,792
Cost Above Minimum$41$0$0$1,842$5,481$13,638$14,773

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year2008200820122012201220122012
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESGTRalliartEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
4-speed automatic$800$800     
5-speed manual  $0$0 $0 
6-speed automated manual    $1100 $1100
FWD$0$0$0$0   
AWD    $1700$1700$1700
Accessories 
Proximity key  $250$250$250$250 
Brakes, Airbags, and Other Safety 
4-wheel disc brakes  $150$150$150$150$150
Active or whiplash-reducing head restraints, front seats  $0$0$0  
Brake assist  $50$50$50$50$50
Knee airbag, driver  $75$75$75$75$75
Climate Control 
Automatic climate control, front   $200$200$200$200
Intermittent wipers $0     
Variable intermittent wipers$75 $75$75$75$75$75
Drivetrain 
Active rear differential     $500$500
Adjustable center differential    $275$275$275
Limited-slip front differential    $500$500$500
Limited-slip rear differential    $300  
Exterior 
Body kit $0 $0$0$0$0
Bodyside moldings$75$75     
Bright-finished exhaust tip(s)  $25$25$25$25$25
Hood scoop    $100$100$100
Rear spoiler $200$200$200$200 $200
Sunroof$900$900$900  $900 
Tall rear wing-type spoiler     $500 
Infotainment 
Audio controls on steering wheel  $125$125$125$125$125
Aux input  $50$50$50$50$50
Bluetooth audio streaming  $25$25$25$25$25
Bluetooth cell phone link  $100$100$100$100$100
CD changer, in-dash$325$325   $325 
CD player  $125$125$125 $125
MP3-compatible player  $50$50$50$50$50
Satellite radio  $200 $200$200 
USB port  $25$25$25$25$25
Voice control for external devices  $0$0$0$0$0
Instruments, Lights, and Mirrors 
Automatic-off headlights  $25$25$25$25$25
Fog lights $125 $125$125$125$125
Trip computer  $150$150$150$150$150
Turn signals on or near mirrors  $25$25$25$25$25
Xenon HID headlights     $500$500
Seats and Interior Trim 
Center armrest(s), second row  $50$50$50$50$50
Folding second row seats$300$300$300$300$300  
Heated front seats     $200 
Leather seating surfaces     $900 
Leather-wrapped steering wheel $150$150$150$150$150$150
Manual height adjuster, driver seat$50$50$50$50$50  
Metal pedals    $75$75$75
Suspension, Wheels, and Tires 
Touring suspension (upgrade)  $0$0$0  
Ultra-sport suspension (upgrade)     $0$0
Transmission 
Launch control      $100
Short-throw shifter (optional)     $0 
Steering-wheel-mounted transmission controls    $100 $100
Total Value of Features$2,525$2,925$3,175$2,400$6,750$8,400$6,750
Value of Feature Adjustments$125$525$775$0$4,350$6,000$4,350
Value of Feature Adjustments-112-471-7370-4,167-5,707-4,167

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Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20082012
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.2,933 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

Moon Roof/Side Airbags Package
FeatureValueRequested?
Front side airbags350Yes
Side curtain airbags350Yes
Sunroof900Yes
Total Requested1600100%
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%

Option Package Details
Mitsubishi Lancer ES

Deluxe Package
FeatureValueRequested?
Sunroof900Yes
Leather-wrapped steering wheel150Yes
Satellite radio200No
Proximity key250No
Unbranded, 140W, 6 speakers350No
Alloy wheels350Yes
Touring suspension (upgrade)250No
4-wheel disc brakes150No
Voice control for external devices0No
USB port25No
Bluetooth audio streaming25No
Bluetooth cell phone link100No
Total Requested140051%
Total Not Requested135049%

Option Package Details
Mitsubishi Lancer Evolution GSR

Sunroof and Leather Package
FeatureValueRequested?
Leather seating surfaces900No
Heated front seats200No
Sunroof900Yes
Sound insulation, additional0No
Total Requested90045%
Total Not Requested110055%
Sight and Sound Package
FeatureValueRequested?
CD changer, in-dash200Yes
Xenon HID headlights500No
Satellite radio200No
Proximity key250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested20013%
Total Not Requested130087%

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