Stay up to date by tracking the KBB.com Fair Purchase Price.
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $573 | $31,521 | $30,602 | ||
2023 | $4,105 | $27,416 | $25,992 | ||
2024 | $1,098 | $26,318 | $25,094 | ||
Now | $1,621 | $24,697 | $23,562 |
Unlock Forecast
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.
Already Own This Car?
Curb Weight | 3527 lbs. | ||
---|---|---|---|
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 | ||
Gross Vehicle Weight Rating (GVWR) | 4542 lbs. | ||
Width with mirrors | 71.3 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Fog Lights | Available | ||
HID Headlights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 17 mpg | ||
---|---|---|---|
Highway | 23 mpg | ||
Combined | 19 mpg |
Drivetrain | AWD | ||
---|---|---|---|
Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Premium | ||
Limited Slip Differential | Available |
Horsepower | 291 @ 6500 RPM | ||
---|---|---|---|
Torque | 300 @ 4000 rpm | ||
Engine | 4-Cyl, Turbo, 2.0 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Corrosion | 7 years / 100000 miles |
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 GSR Sedan 4D | New 2025 Hyundai Elantra | New 2025 Honda Civic | New 2025 Kia K4 | ||
---|---|---|---|---|---|
Price | $28,900 | $23,320 | $25,400 | $23,165 | |
KBB.com Rating | 3.4 | 4.6 | 4.7 | 4.5 | |
Consumer Rating | 4.5 | 4.1 | 3.8 | N/A | |
Fuel Economy | City 17/Hwy 23/Comb 19 MPG | City 32/Hwy 41/Comb 36 MPG | City 31/Hwy 39/Comb 34 MPG | City 30/Hwy 40/Comb 34 MPG | |
Fuel Type | Gas | N/A | N/A | N/A | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | $50,700 | N/A | N/A | |
Safety Rating | N/A | 5.0 | 5.0 | N/A | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 3 years or 36000 miles | 5 years or 60000 miles | |
Horsepower | 291 @ 6500 RPM | 147 @ 6200 RPM | 150 @ 6400 RPM | 147 @ 6200 RPM | |
Engine | 4-Cyl, Turbo, 2.0 Liter | 4-Cyl, 2.0 Liter | 4-Cyl, i-VTEC, 2.0 Liter | 4-Cyl, 2.0 Liter | |
Drivetrain | AWD | FWD | FWD | FWD |