Toyota Corolla Toyota Corolla 2014 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: $23,695

Toyota Corolla LE Eco   
Difference: $2,959

Lowest Total Invoice: $21,781

Toyota Corolla LE Eco   
Difference: $3,354

Calculate Payments

  Down Payment Interest Rate Term
Model Year2014201420122012
ModelCorollaCorollaLancerLancer
TrimLE EcoSGTRalliart
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Base Price $18,700 $19,000 $19,845 $27,995
Base Invoice $17,314 $17,592 $19,007 $26,813
Driver Convenience Package 1,510      
Sunroof 850      
Premium Package 1,400 1,400    
All-weather floor mats 200 200 80 80
Floor mats 225 225    
Plus Package   2,300    
Touring Package     3,550 3,350
Navigation system     2,295 2,295
Cargo mat     89 89
Driver Convenience Package 1,343      
Sunroof 757      
Premium Package 1,297 1,297    
All-weather floor mats 120 120 65 65
Floor mats 140 140    
Plus Package   2,130    
Touring Package     3,159 2,982
Navigation system     2,050 2,050
Cargo mat     59 59
Options (change) 4,185 4,125 6,014 5,814
Options (change) 3,657 3,687 5,333 5,156
Destination 810 810 795 795
Total Price $23,695 $23,935 $26,654 $34,604
Total Invoice $21,781 $22,089 $25,135 $32,764

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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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TrueDelta Value Comparison: Toyota Corolla vs. Mitsubishi Lancer

Lowest Adjusted Price and Invoice: Toyota Corolla LE Eco
TrueDelta Adjusted Price Difference: $3,494
TrueDelta Adjusted Invoice Difference: $3,845
Model Year2014201420122012
ModelCorollaCorollaLancerLancer
TrimLE EcoSGTRalliart
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Engine140hp I4132hp I4168hp I4237hp I4
TransmissionCVT-7M6M5S6
DrivetrainFWDFWDFWDAWD
EPA Fuel Economy (city/highway)/ MPG/ MPG/ MPG/ MPG
Audio (watts, speakers)?, 6?, 6710, 9710, 9
Tire (rear if not all the same)205/55-16215/45-17215/45-18215/45-18
Total Price$23,695$23,935$26,654$34,604
Adjustments for Features-6000-65-4,215
Feature-Adjusted Total Price$23,095$23,935$26,589$30,389
Cost Above Minimum$0$840$0$3,800
Total Invoice$21,781$22,089$25,135$32,764
Adjustments for Features-5520-61-3,991
Feature-Adjusted Total Invoice$21,229$22,089$25,074$28,773
Cost Above Minimum$0$860$0$3,699

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Features Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year2014201420122012
ModelCorollaCorollaLancerLancer
TrimLE EcoSGTRalliart
Body4dr Sedan4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
7-speed manually-shiftable CVT$1100   
6-speed manual $150  
5-speed manual  $0 
6-speed automated manual   $1100
FWD$0$0$0 
AWD   $1700
Accessories 
Tilt steering wheel, manual  $150$150
Tilt/telescoping steering wheel, manual$250$250  
Brakes, Airbags, and Other Safety 
4-wheel disc brakes $150$150$150
Seat cushion airbag, passenger$75$75  
Climate Control 
Rain-sensing wipers  $175$175
Variable intermittent wipers$75$75  
Drivetrain 
Adjustable center differential   $275
Limited-slip front differential   $500
Limited-slip rear differential   $300
Exterior 
Body kit  $0$0
Bright-finished exhaust tip(s) $25$25$25
Hood scoop   $100
Infotainment 
App support$0$0  
HD radio$50$50  
Media drive  $15$15
SMS text-to-speech reader$25$25  
Traffic + travel information$25$25  
Traffic information  $25$25
Voice control for external devices  $0$0
Voice control for nav and audio$100$100  
Instruments, Lights, and Mirrors 
Automatic headlights  $125$125
Heated mirrors$25$25  
LED headlights, single projector or low beam only$750$750  
Turn signals on or near mirrors $25$25$25
Xenon HID headlights  $500$500
Seats and Interior Trim 
Center armrest(s), second row  $50$50
Leather seating surfaces  $900$900
Leather-wrapped steering wheel $150$150$150
Manual height adjuster, driver seat  $50$50
Metal pedals   $75
Power fore-aft adjuster, driver seat$100$100  
Power height adjuster, driver seat$100$100  
Power recliner, driver seat$100$100  
Power tilt adjuster, driver seat$100$100  
Synthetic leather seating surfaces$0$0  
Suspension, Wheels, and Tires 
Touring suspension (upgrade)  $0$0
Transmission 
Steering-wheel-mounted transmission controls   $100
Total Value of Features$2,875$2,275$2,340$6,490
Value of Feature Adjustments$600$0$65$4,215
Value of Feature Adjustments-5520-61-3,991

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Specifications Comparison: Toyota Corolla vs. Mitsubishi Lancer

Model Year20142012
ModelCorollaLancer
Body4dr Sedan4dr Sedan
Wheelbase106.3 in103.7 in
Length182.6 in180.0 in
Width69.9 in69.4 in
Height57.3 in58.7 in
Curb Weight2,801 lb.2,933 lb.
Fuel Capacity13.2 gal.15.3 gal.
Row 1 Headroom38.3 in39.6 in
Row 1 Shoulder Room54.8 in54.7 in
Row 1 Hip Room53.0 in53.3 in
Row 1 Legroom40.2 in42.2 in
Row 2 Headroom37.1 in36.9 in
Row 2 Shoulder Room54.8 in54.3 in
Row 2 Hip Room43.9 in54.1 in
Row 2 Legroom41.3 in36.1 in
Cargo Volume13.0 ft311.6 ft3

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Option Package Details
Toyota Corolla LE Eco

Driver Convenience Package
FeatureValueRequested?
Proximity key250Yes
DVD-compatible player0Yes
Voice control for nav and audio75No
App support0No
Navigation system600Yes
HD radio50No
Traffic + travel information25No
Satellite radio200Yes
Total Requested105088%
Total Not Requested15012%
Premium Package
FeatureValueRequested?
Power fore-aft adjuster, driver seat100No
Power height adjuster, driver seat50No
Power tilt adjuster, driver seat100No
Power recliner, driver seat100No
Synthetic leather seating surfaces0No
Heated front seats200Yes
Alloy wheels350Yes
Fog lights125Yes
205/55HR16 tires400No
Total Requested67547%
Total Not Requested75053%

Option Package Details
Toyota Corolla S

Plus Package
FeatureValueRequested?
6-speed manual0No
Sunroof900Yes
Proximity key250Yes
Alloy wheels350Yes
4-wheel disc brakes150Yes
215/45WR17 tires400No
DVD-compatible player0Yes
Voice control for nav and audio75No
App support0No
Navigation system600Yes
HD radio50No
Traffic + travel information25No
Satellite radio200Yes
Total Requested245082%
Total Not Requested55018%
Premium Package
FeatureValueRequested?
Power fore-aft adjuster, driver seat100No
Power height adjuster, driver seat50No
Power tilt adjuster, driver seat100No
Power recliner, driver seat100No
Synthetic leather seating surfaces0No
Heated front seats200Yes
Alloy wheels350Yes
4-wheel disc brakes150Yes
215/45WR17 tires400No
Total Requested70048%
Total Not Requested75052%

Option Package Details
Mitsubishi Lancer GT

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0Yes
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%
Touring Package
FeatureValueRequested?
Rearview camera200Yes
CD changer, in-dash200No
Xenon HID headlights500Yes
Satellite radio200Yes
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Leather seating surfaces900No
Heated front seats200Yes
Sunroof900Yes
Rain-sensing wipers25No
Automatic headlights100No
Total Requested200056%
Total Not Requested157544%

Option Package Details
Mitsubishi Lancer Ralliart

Navigation system
FeatureValueRequested?
Navigation system600Yes
DVD-compatible player0Yes
Traffic information25Yes
Media drive, large15No
Total Requested62598%
Total Not Requested152%
Touring Package
FeatureValueRequested?
Rearview camera200Yes
CD changer, in-dash200No
Xenon HID headlights500Yes
Rockford Fosgate, 710W, 9 speakers (with subwoofer)350No
Leather seating surfaces900No
Heated front seats200Yes
Sunroof900Yes
Rain-sensing wipers25No
Automatic headlights100No
Total Requested180053%
Total Not Requested157547%

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