Toyota Corolla Toyota Corolla 2012 Mitsubishi Lancer Mitsubishi Lancer 2015

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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: $20,540

Toyota Corolla S   
Difference: $2,280

Lowest Total Invoice: $18,975

Toyota Corolla S   
Difference: $2,601

Calculate Payments

  Down Payment Interest Rate Term
Model Year2012201220152015201520152015
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESSEGTEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $17,910 $17,990 $17,395 $20,995 $20,595 $34,495 $38,995
Base Invoice $16,570 $16,674 $16,660 $20,109 $19,725 $33,039 $37,350
Entune 1,170 1,170          
Premium Package 860     1,700      
Floor mats 200 200          
Sunroof   420          
Navigation system     2,375 2,375   2,375 2,375
Deluxe Package     1,950        
Rear spoiler     290 290      
Touring Package         5,150    
Entune 1,041 1,041          
Premium Package 765     1,513      
Floor mats 127 127          
Sunroof   373          
Navigation system     2,125 2,125   2,125 2,125
Deluxe Package     1,736        
Rear spoiler     245 245      
Touring Package         4,584    
Options (change) 2,230 1,790 4,615 4,365 5,150 2,375 2,375
Options (change) 1,933 1,541 4,106 3,883 4,584 2,125 2,125
Destination 760 760 810 810 810 810 810
Total Price $20,900 $20,540 $22,820 $26,170 $26,555 $37,680 $42,180
Total Invoice $19,263 $18,975 $21,576 $24,802 $25,119 $35,974 $40,285

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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 and Invoice: Toyota Corolla LE
TrueDelta Adjusted Price Difference: $1,935
TrueDelta Adjusted Invoice Difference: $2,361
Model Year2012201220152015201520152015
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESSEGTEvolution GSREvolution MR
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine132hp I4132hp I4148hp I4168hp I4168hp I4291hp I4291hp I4
TransmissionA4M5M5CVT-6M5M5S6
DrivetrainFWDFWDFWDAWDFWDAWDAWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)?, 6?, 6140, 6710, 9710, 9140, 6710, 9
Tire (rear if not all the same)205/55-16205/55-16205/60-16205/60-16215/45-18245/40-18245/40-18
Total Price$20,900$20,540$22,820$26,170$26,555$37,680$42,180
Adjustments for Features-6500-485-3,985-3,260-2,810-5,160
Feature-Adjusted Total Price$20,250$20,540$22,335$22,185$23,295$34,870$37,020
Cost Above Minimum$0$290$150$0$1,110$12,685$14,835
Total Invoice$19,263$18,975$21,576$24,802$25,119$35,974$40,285
Adjustments for Features-5990-459-3,777-3,084-2,683-4,928
Feature-Adjusted Total Invoice$18,664$18,975$21,117$21,025$22,035$33,291$35,357
Cost Above Minimum$0$311$92$0$1,010$12,266$14,332

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year2012201220152015201520152015
ModelCorollaCorollaLancerLancerLancerLancerLancer
TrimLESESSEGTEvolution 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 manually-shiftable CVT   $1100   
6-speed automated manual      $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
Intermittent wipers $0     
Rain-sensing wipers    $175 $175
Variable intermittent wipers$75 $75$75 $75 
Drivetrain 
Active rear differential     $500$500
Adjustable center differential     $275$275
Limited-slip front differential     $500$500
Exterior 
Body kit $0$0$0$0$0$0
Bright-finished exhaust tip(s) $25$25$25$25$25$25
Hood scoop     $100$100
Rear spoiler $200$200$200$200 $200
Sunroof$900$900$900$900$900  
Tall rear wing-type spoiler     $500 
Infotainment 
App support$0$0     
HD radio$50$50 $50$50$50$50
SMS text-to-speech reader$25$25     
Surround sound   $250$250 $250
Traffic + travel information$25$25     
Traffic information  $25$25$25$25$25
Voice control for external devices  $0$0$0$0$0
Instruments, Lights, and Mirrors 
Auto-dimming rearview mirror    $150 $150
Automatic headlights    $125 $125
Automatic-off headlights  $25$25 $25 
Fog lights$125$125  $125$125$125
Heated mirrors  $25$25$25$25$25
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$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
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
Total Value of Features$2,640$1,990$2,475$5,975$5,250$4,800$7,150
Value of Feature Adjustments$650$0$485$3,985$3,260$2,810$5,160
Value of Feature Adjustments-5990-459-3,777-3,084-2,683-4,928

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Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20122015
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

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Option Package Details
Toyota Corolla LE

Entune
FeatureValueRequested?
Navigation system600Yes
Satellite radio200Yes
Voice control for nav and audio100Yes
HD radio50Yes
SMS text-to-speech reader25No
Traffic + travel information25No
App support0No
Total Requested95095%
Total Not Requested505%
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 audio100Yes
HD radio50Yes
SMS text-to-speech reader25No
Traffic + travel information25No
App support0No
Total Requested95095%
Total Not Requested505%

Option Package Details
Mitsubishi Lancer ES

Navigation system
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio100Yes
Traffic information25Yes
Total Requested725100%
Total Not Requested00%
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
Upgraded instruments0No
Bluetooth cell phone link100Yes
Voice control for external devices0No
USB port25Yes
Bluetooth audio streaming25Yes
Total Requested160058%
Total Not Requested115042%

Option Package Details
Mitsubishi Lancer SE

Navigation system
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio100Yes
Traffic information25Yes
Total Requested725100%
Total Not Requested00%
Premium Package
FeatureValueRequested?
Sunroof900Yes
Leather-wrapped steering wheel150No
Surround sound250No
Proximity key250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested90047%
Total Not Requested100053%

Option Package Details
Mitsubishi Lancer GT

Touring Package
FeatureValueRequested?
Navigation system600Yes
Leather seating surfaces900No
Heated front seats200No
Auto-dimming rearview mirror150No
Rain-sensing wipers25No
Automatic headlights100No
Voice control for nav and audio100Yes
Traffic information25Yes
Sunroof900Yes
Xenon HID headlights500No
Surround sound250No
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested162540%
Total Not Requested247560%

Option Package Details
Mitsubishi Lancer Evolution GSR

Navigation system
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio100Yes
Traffic information25Yes
Total Requested725100%
Total Not Requested00%

Option Package Details
Mitsubishi Lancer Evolution MR

Navigation system
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio100Yes
Traffic information25Yes
Total Requested725100%
Total Not Requested00%

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