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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $319 | $32,259 | $31,308 | ||
2023 | + $1,078 | $33,337 | $32,360 | ||
2024 | $1,461 | $31,876 | $30,951 | ||
Now | $2,487 | $29,389 | $28,529 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3527 lbs. | ||
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EPA Passenger | 93.2 cu.ft. | ||
EPA Total Interior | 100.1 cu.ft. | ||
Fuel Capacity | 14.5 gallons | ||
Front Head Room | 39.6 inches | ||
Front Leg Room | 42.3 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.5 inches | ||
Overall Length | 177.0 inches | ||
Front Shoulder Room | 54.7 inches | ||
Trunk or Cargo Capacity | 6.9 cu.ft. | ||
Turning Diameter | 38.7 feet | ||
Wheel Base | 104.3 inches | ||
Width with mirrors | 71.3 inches |
Alloy Wheels | Available | ||
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Fog Lights | Available | ||
HID Headlights | Available | ||
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 17 mpg | ||
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Highway | 23 mpg | ||
Combined | 19 mpg |
Drivetrain | AWD | ||
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Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Premium | ||
Limited Slip Differential | Available |
Horsepower | 303 @ 6500 RPM | ||
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Torque | 305 @ 4000 rpm | ||
Engine | 4-Cyl, Turbo, 2.0 Liter |
Corrosion | 7 years / 100000 miles |
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If you’re seeking out a compact car that looks good, offers a good performance-to-dollar ratio, and doesn’t look like it was designed in a jelly bean factory, the 2015 Mitsubishi Lancer deserves your attention. An impressive warranty and good safety ratings also make this little economy car an attractive prospect.
Without options such as ventilated seats, blind-spot monitoring or the ability to parallel park itself, the Mitsubishi Lancer struggles to compete with compact sedans like the Ford Focus, Hyundai Elantra or Mazda Mazda3, all of which get better fuel economy as well.
Used 2015 Mitsubishi Lancer Evolution Final Edition Sedan 4D | New 2025 Toyota Corolla | New 2025 MAZDA MAZDA3 | New 2025 Volkswagen Jetta GLI | ||
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Price | $34,018 | $29,175 | $26,075 | $33,940 | |
KBB.com Rating | 3.4 | 4.5 | 4.1 | 3.8 | |
Consumer Rating | 4.5 | 4.1 | 4.3 | 4.1 | |
Fuel Economy | City 17/Hwy 23/Comb 19 MPG | City 31/Hwy 40/Comb 34 MPG | City 27/Hwy 37/Comb 31 MPG | City 26/Hwy 36/Comb 30 MPG | |
Fuel Type | Gas | N/A | N/A | N/A | |
Safety Rating | N/A | N/A | 5.0 | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | N/A | 3 years or 36000 miles | 3 years or 36000 miles | 4 years or 50000 miles | |
Horsepower | 303 @ 6500 RPM | 169 @ 6600 RPM | 191 @ 6000 RPM | 228 @ 5000 RPM | |
Engine | 4-Cyl, Turbo, 2.0 Liter | 4-Cyl, Dynamic-Force, 2.0 Liter | 4-Cyl, SKYACTIV-G, 2.5 Liter | 4-Cyl, Turbo, 2.0 Liter | |
Drivetrain | AWD | FWD | FWD | FWD |