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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $87 | $5,813 | $3,585 | ||
2023 | $498 | $5,315 | $2,960 | ||
2024 | $520 | $4,795 | $2,348 | ||
Now | + $53 | $4,848 | $2,430 |
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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 | 2866 lbs. | ||
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EPA Passenger | 93.5 cu.ft. | ||
EPA Total Interior | 105.8 cu.ft. | ||
Fuel Capacity | 15.3 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 | 180.0 inches | ||
Front Shoulder Room | 54.7 inches | ||
Trunk or Cargo Capacity | 12.3 cu.ft. | ||
Turning Diameter | 32.8 feet | ||
Wheel Base | 103.7 inches | ||
Gross Vehicle Weight Rating (GVWR) | 4079 lbs. | ||
Width with mirrors | 69.4 inches |
Fog Lights | Available | ||
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Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 25 mpg | ||
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Highway | 34 mpg | ||
Combined | 28 mpg |
Drivetrain | FWD | ||
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Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Regular |
Horsepower | 148 @ 6000 RPM | ||
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Torque | 146 @ 4200 rpm | ||
Engine | 4-Cyl, 2.0 Liter |
Basic | 5 years / 60000 miles | ||
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Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / 100000 miles |
If you are looking for a sleek, sharp-handling compact car with a comprehensive warranty, you’ll find the Mitsubishi Lancer worth a look.
While the Lancer’s sub-$16,000 starting price may appear attractive at first glance, value-driven buyers may favor the equally priced Hyundai Elantra and Kia Rio for their additional standard features and superior fuel economy.
Used 2012 Mitsubishi Lancer DE Sedan 4D | Used 2015 Ford Focus | Used 2015 Nissan Versa | Used 2015 Chevrolet Sonic | ||
---|---|---|---|---|---|
Price | $6,286 | $5,259 | $5,086 | $5,191 | |
KBB.com Rating | 2.9 | 4.3 | 3.9 | 4.5 | |
Consumer Rating | 4.5 | 3.6 | 3.8 | 4.0 | |
Fuel Economy | City 25/Hwy 34/Comb 28 MPG | City 26/Hwy 38/Comb 30 MPG | City 27/Hwy 36/Comb 30 MPG | City 25/Hwy 35/Comb 28 MPG | |
Fuel Type | Gas | Flexible Fuel | Gas | Gas | |
Safety Rating | 4.0 | 5.0 | 4.0 | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 148 @ 6000 RPM | 160 @ 6500 RPM | 109 @ 6000 RPM | 138 @ 6300 RPM | |
Engine | 4-Cyl, 2.0 Liter | 4-Cyl, Flex Fuel, 2.0L | 4-Cyl, 1.6 Liter | 4-Cyl, 1.8 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |