Toyota Corolla Toyota Corolla 2012 Mitsubishi Lancer Mitsubishi Lancer 2014

We are 103,000+ car owners sharing real-world car information.

Join Us

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: $21,069

Toyota Corolla S   
Difference: $1,666

Lowest Total Invoice: $19,355

Toyota Corolla S   
Difference: $2,104

Calculate Payments

  Down Payment Interest Rate Term
Model Year2012201220142014201420142014
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESGTRalliartEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $17,910 $17,990 $17,195 $20,445 $28,395 $34,995 $38,195
Base Invoice $16,570 $16,674 $16,469 $19,582 $27,196 $33,518 $36,584
Entune 1,170 1,170          
Premium Package 860            
Floor mats 200 200          
Remote start 529 529 595 595 595 595 595
Sunroof   420          
Deluxe Package     1,550        
Navigation system     2,295 2,295 2,295 2,295 2,295
Rear spoiler     290        
Sunroof and Leather Package           1,800  
Sight and Sound Package           2,000  
Entune 1,041 1,041          
Premium Package 765            
Floor mats 127 127          
Remote start 380 380 505 505 505 505 505
Sunroof   373          
Deluxe Package     1,380        
Navigation system     2,050 2,050 2,050 2,050 2,050
Rear spoiler     245        
Sunroof and Leather Package           1,602  
Sight and Sound Package           1,780  
Options (change) 2,759 2,319 4,730 2,890 2,890 6,690 2,890
Options (change) 2,313 1,921 4,180 2,555 2,555 5,937 2,555
Destination 760 760 810 810 810 810 810
Total Price $21,429 $21,069 $22,735 $24,145 $32,095 $42,495 $41,895
Total Invoice $19,643 $19,355 $21,459 $22,947 $30,561 $40,265 $39,949

Return to top

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: Toyota Corolla LE
TrueDelta Adjusted Price Difference: $1,581
TrueDelta Adjusted Invoice Difference: $2,058
Model Year2012201220142014201420142014
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESGTRalliartEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine132hp I4132hp I4148hp I4168hp I4237hp I4291hp I4291hp I4
TransmissionA4M5M5M5S6M5S6
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)205/55-16205/55-16205/60-16215/45-18215/45-18245/40-18245/40-18
Total Price$21,429$21,069$22,735$24,145$32,095$42,495$41,895
Adjustments for Features-6500-375-50-4,200-5,450-4,200
Feature-Adjusted Total Price$20,779$21,069$22,360$24,095$27,895$37,045$37,695
Cost Above Minimum$0$290$0$1,735$5,535$14,685$15,335
Total Invoice$19,643$19,355$21,459$22,947$30,561$40,265$39,949
Adjustments for Features-5960-354-48-3,999-5,164-4,005
Feature-Adjusted Total Invoice$19,047$19,355$21,105$22,899$26,562$35,101$35,944
Cost Above Minimum$0$308$0$1,794$5,457$13,996$14,839

Return to top

Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year2012201220142014201420142014
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESGTRalliartEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
4-speed automatic$800      
5-speed manual $0$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 
Tilt steering wheel, manual  $150$150$150$150$150
Tilt/telescoping steering wheel, manual$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$0$0  
Knee airbag, driver  $75$75$75$75$75
Rearview camera   $200$200  
Cargo Management 
Cargo mat$40$40     
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$0
Bright-finished exhaust tip(s) $25$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 
App support$0$0     
DVD-compatible player  $0$0$0$0$0
HD radio$50$50 $50$50$50$50
Media drive  $15$15$15$15$15
SMS text-to-speech reader$25$25     
Traffic + travel information$25$25     
Traffic information  $25$25$25$25$25
Voice control for external devices  $0$0$0$0$0
Voice control for nav and audio$100$100     
Instruments, Lights, and Mirrors 
Automatic-off headlights  $25$25$25$25$25
Fog lights$125$125 $125$125$125$125
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
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$2,740$2,090$2,465$2,140$6,290$7,540$6,290
Value of Feature Adjustments$650$0$375$50$4,200$5,450$4,200
Value of Feature Adjustments-5960-354-48-3,999-5,164-4,005

Return to top

Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20122014
ModelCorollaLancer
Body4dr Sedan4dr Sedan
Wheelbase102.4 in103.7 in
Length178.7 in180.0 in
Width69.3 in69.4 in
Height57.7 in58.7 in
Curb Weight2,724 lb.2,933 lb.
Fuel Capacity13.2 gal.15.3 gal.
Row 1 Headroom38.8 in39.6 in
Row 1 Shoulder Room54.8 in54.7 in
Row 1 Hip Room53.0 in53.3 in
Row 1 Legroom41.7 in42.2 in
Row 2 Headroom37.2 in36.9 in
Row 2 Shoulder Room54.6 in54.3 in
Row 2 Hip Room43.9 in54.1 in
Row 2 Legroom36.3 in36.1 in
Cargo Volume12.3 ft311.6 ft3

Return to top

Option Package Details
Toyota Corolla LE

Entune
FeatureValueRequested?
Navigation system600Yes
Satellite radio200Yes
Voice control for nav and audio100No
HD radio50Yes
SMS text-to-speech reader25No
Traffic + travel information25No
App support0No
Total Requested85085%
Total Not Requested15015%
Premium Package
FeatureValueRequested?
Sunroof900Yes
Fog lights125Yes
Alloy wheels350Yes
Total Requested1375100%
Total Not Requested00%

Option Package Details
Toyota Corolla S

Entune
FeatureValueRequested?
Navigation system600Yes
Satellite radio200Yes
Voice control for nav and audio100No
HD radio50Yes
SMS text-to-speech reader25No
Traffic + travel information25No
App support0No
Total Requested85085%
Total Not Requested15015%

Option Package Details
Mitsubishi Lancer ES

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0No
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%
Deluxe Package
FeatureValueRequested?
Sunroof900Yes
Leather-wrapped steering wheel150No
Satellite radio200Yes
Proximity key250No
Unbranded, 140W, 6 speakers350No
Touring suspension (upgrade)250No
4-wheel disc brakes150No
Alloy wheels350Yes
Bluetooth cell phone link100Yes
Voice control for external devices0No
USB port25Yes
Bluetooth audio streaming25Yes
Total Requested160058%
Total Not Requested115042%

Option Package Details
Mitsubishi Lancer GT

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0No
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%

Option Package Details
Mitsubishi Lancer Ralliart

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0No
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%

Option Package Details
Mitsubishi Lancer Evolution GSR

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0No
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%
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-dash200No
Xenon HID headlights500No
Proximity key250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested00%
Total Not Requested1300100%

Option Package Details
Mitsubishi Lancer Evolution MR

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0No
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%

Was this information useful?

We're glad we could help! Share this page:

We're so sorry! Tell us how we can improve it.

See TrueDelta's information for all Sedans and Hatchbacks.
See TrueDelta's information for all Toyota models.