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Volvo S40 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.

Volvo S40 vs. Mitsubishi Lancer Invoice Comparison

Lowest Total Price: $23,630

Mitsubishi Lancer SE   
Difference: $11,285

Lowest Total Invoice: $22,755

Mitsubishi Lancer SE   
Difference: $9,804

Calculate Payments

  Down Payment Interest Rate Term
Model Year200820162016
ModelS40LancerLancer
TrimT5SESEL
Body4dr Sedan4dr Sedan4dr Sedan
Base Price $28,515 $20,995 $21,995
Base Invoice $26,804 $20,295 $21,262
Navigation system 2,205 1,800 1,800
Climate Package 675    
Metallic paint (extra cost) 475    
Proximity key 450    
AWD 1,850    
Navigation system 1,896 1,625 1,625
Climate Package 580    
Metallic paint (extra cost) 408    
Proximity key 387    
AWD 1,739    
Options (change) 5,655 1,800 1,800
Options (change) 5,010 1,625 1,625
Destination 745 835 835
Total Price $34,915 $23,630 $24,630
Total Invoice $32,559 $22,755 $23,722

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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 Volvo S40 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: Volvo S40 vs. Mitsubishi Lancer

Lowest Adjusted Price and Invoice: Mitsubishi Lancer SEL
TrueDelta Adjusted Price Difference: $10,690
TrueDelta Adjusted Invoice Difference: $9,257
Model Year200820162016
ModelS40LancerLancer
TrimT5SESEL
Body4dr Sedan4dr Sedan4dr Sedan
Engine227hp I5168hp I4168hp I4
TransmissionT5CVT-6CVT-6
DrivetrainAWDAWDAWD
EPA Fuel Economy (city/highway)18/26 MPG23/31 MPG23/31 MPG
Audio (watts, speakers)160, 8140, 6140, 6
Tire (rear if not all the same)205/55-16205/60-16205/60-16
Total Price$34,915$23,630$24,630
Adjustments for Features-9950-1,400
Feature-Adjusted Total Price$33,920$23,630$23,230
Cost Above Minimum$0$400$0
Total Invoice$32,559$22,755$23,722
Adjustments for Features-9280-1,348
Feature-Adjusted Total Invoice$31,631$22,755$22,374
Cost Above Minimum$0$381$0

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Features Comparison: Volvo S40 vs. Mitsubishi Lancer

Model Year200820162016
ModelS40LancerLancer
TrimT5SESEL
Body4dr Sedan4dr Sedan4dr Sedan
Transmission and Drivetrain 
5-speed manually-shiftable automatic$1000  
6-speed manually-shiftable CVT $1100$1100
AWD$1700$1700$1700
Accessories 
Remote window/roof operation$15  
Tilt steering wheel, manual $150$150
Tilt/telescoping steering wheel, manual$250  
Brakes, Airbags, and Other Safety 
Knee airbag, driver $75$75
Rearview camera $200$200
Cargo Management 
Rear seat pass-through$100  
Climate Control 
Dual-zone climate control$125  
Rain-sensing wipers$175 $175
Variable intermittent wipers $75 
Exterior 
Body kit $0$0
Bodyside moldings$75  
Bright-finished exhaust tip(s)$25  
Infotainment 
Bluetooth audio streaming $25$25
Bluetooth cell phone link $100$100
HD radio $50$50
USB port $25$25
Voice control for external devices $0$0
Voice control for nav and audio $100$100
Instruments, Lights, and Mirrors 
Auto-dimming rearview mirror  $150
Automatic headlights  $125
Automatic-off headlights$25$25 
Fog light, rear$100  
Headlight washers$50  
Illuminated visor mirror, driver$50  
Illuminated visor mirror, passenger$50  
Visor mirror, driver $10$10
Visor mirror, passenger $10$10
Seats and Interior Trim 
Aluminum trim$100  
Door sill trim plates$100  
Folding passenger seat$150  
Leather seating surfaces  $900
Leather-wrapped steering wheel$150 $150
Manual height adjuster, driver seat $50$50
Manual lumbar adjuster, driver seat$50  
Power fore-aft adjuster, driver seat$100  
Power height adjuster, driver seat$100  
Power recliner, driver seat$100  
Power tilt adjuster, driver seat$100  
Suspension, Wheels, and Tires 
Alloy wheels$350  
Machined alloy wheels $350$350
Sport suspension (upgrade)$0  
Touring suspension (upgrade) $0$0
Total Value of Features$5,040$4,045$5,445
Value of Feature Adjustments$995$0$1,400
Value of Feature Adjustments-9280-1,348

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See a complete comparison of Volvo S40 vs. Mitsubishi Lancer features.

Specifications Comparison: Volvo S40 vs. Mitsubishi Lancer

Model Year20082016
ModelS40Lancer
Body4dr Sedan4dr Sedan
Wheelbase103.9 in103.7 in
Length175.9 in182.1 in
Width69.7 in69.4 in
Height57.2 in58.3 in
Curb Weight3,447 lb.3,142 lb.
Fuel Capacity15.9 gal.15.5 gal.
Row 1 Headroom38.9 in39.6 in
Row 1 Shoulder Room55.2 in54.7 in
Row 1 Hip Room53.7 in53.3 in
Row 1 Legroom41.6 in42.3 in
Row 2 Headroom37.2 in36.9 in
Row 2 Shoulder Room54.1 in54.3 in
Row 2 Hip Room50.7 in54.1 in
Row 2 Legroom34.4 in36.1 in
Cargo Volume12.6 ft312.3 ft3

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See a complete comparison of Volvo S40 vs. Mitsubishi Lancer specs.

Option Package Details
Volvo S40 T5

Climate Package
FeatureValueRequested?
Heated front seats200Yes
Rain-sensing wipers100Yes
Headlight washers50No
Total Requested30086%
Total Not Requested5014%

Option Package Details
Mitsubishi Lancer SE

Navigation system
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio100No
Traffic information25Yes
Total Requested62586%
Total Not Requested10014%

Option Package Details
Mitsubishi Lancer SEL

Navigation system
FeatureValueRequested?
Navigation system600Yes
Voice control for nav and audio100No
Traffic information25Yes
Total Requested62586%
Total Not Requested10014%

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See TrueDelta's information for all Sedans
See TrueDelta's information for all Volvo models.