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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: $20,900

Toyota Corolla LE   
Difference: $2,370

Lowest Total Invoice: $19,263

Toyota Corolla LE   
Difference: $2,976

Calculate Payments

  Down Payment Interest Rate Term
Model Year201220122016
ModelCorollaCorollaLancer
TrimLESES
Body4dr Sedan4dr Sedan4dr Sedan
Base Price $17,910 $17,990 $17,595
Base Invoice $16,570 $16,674 $17,009
Premium Package 860    
Entune 1,170 1,170  
Floor mats 200 200  
Sunroof   420  
4-speed automatic   830  
Sun and Sound Package     1,750
Navigation system     1,800
Rear spoiler     290
6-speed shiftable CVT     1,000
Premium Package 765    
Entune 1,041 1,041  
Floor mats 127 127  
Sunroof   373  
4-speed automatic   765  
Sun and Sound Package     1,558
Navigation system     1,625
Rear spoiler     245
6-speed shiftable CVT     967
Options (change) 2,230 2,620 4,840
Options (change) 1,933 2,306 4,395
Destination 760 760 835
Total Price $20,900 $21,370 $23,270
Total Invoice $19,263 $19,740 $22,239

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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: Toyota Corolla LE
TrueDelta Adjusted Price Difference: $1,035
TrueDelta Adjusted Invoice Difference: $1,700
Model Year201220122016
ModelCorollaCorollaLancer
TrimLESES
Body4dr Sedan4dr Sedan4dr Sedan
Engine132hp I4132hp I4148hp I4
TransmissionA4A4CVT-6
DrivetrainFWDFWDFWD
EPA Fuel Economy (city/highway)26/34 MPG26/34 MPG27/35 MPG
Audio (watts, speakers)?, 6?, 6710, 9
Tire (rear if not all the same)205/55-16205/55-16205/60-16
Total Price$20,900$21,370$23,270
Adjustments for Features0-150-1,335
Feature-Adjusted Total Price$20,900$21,220$21,935
Cost Above Minimum$0$320$0
Total Invoice$19,263$19,740$22,239
Adjustments for Features0-139-1,276
Feature-Adjusted Total Invoice$19,263$19,601$20,963
Cost Above Minimum$0$338$0

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year201220122016
ModelCorollaCorollaLancer
TrimLESES
Body4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
4-speed automatic$800$800 
6-speed manually-shiftable CVT  $1100
FWD$0$0$0
Accessories 
Tilt steering wheel, manual  $150
Tilt/telescoping steering wheel, manual$250$250 
Brakes, Airbags, and Other Safety 
4-wheel disc brakes  $150
Knee airbag, driver  $75
Rearview camera  $200
Cargo Management 
Cargo mat$40$40 
Climate Control 
Automatic climate control, front  $200
Intermittent wipers $0 
Variable intermittent wipers$75 $75
Exterior 
Body kit $0$0
Bright-finished exhaust tip(s) $25 
Rear spoiler $200$200
Infotainment 
App support$0$0 
SMS text-to-speech reader$25$25 
Surround sound  $250
Traffic + travel information$25$25 
Traffic information  $25
Voice control for external devices  $0
Instruments, Lights, and Mirrors 
Automatic-off headlights  $25
Heated mirrors  $25
Turn signals on or near mirrors  $25
Seats and Interior Trim 
Center armrest(s), second row  $50
Total Value of Features$1,215$1,365$2,550
Value of Feature Adjustments$0$150$1,335
Value of Feature Adjustments0-139-1,276

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

Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20122016
ModelCorollaLancer
Body4dr Sedan4dr Sedan
Wheelbase102.4 in103.7 in
Length178.7 in182.1 in
Width69.3 in69.4 in
Height57.7 in58.3 in
Curb Weight2,745 lb.2,954 lb.
Fuel Capacity13.2 gal.15.5 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 in42.3 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 ft312.3 ft3

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

Option Package Details
Toyota Corolla LE

Premium Package
FeatureValueRequested?
Sunroof900Yes
Fog lights125Yes
Alloy wheels350Yes
Total Requested1375100%
Total Not Requested00%
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
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%
Sun and Sound Package
FeatureValueRequested?
Sunroof900Yes
Satellite radio200Yes
Rearview camera200No
Surround sound250No
HD radio50Yes
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Total Requested115059%
Total Not Requested80041%

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