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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $129 | $8,593 | $5,861 | ||
2023 | $456 | $8,137 | $5,296 | ||
2024 | $861 | $7,276 | $4,273 | ||
Now | + $89 | $7,365 | $4,412 |
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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 | 3461 lbs. | ||
---|---|---|---|
EPA Passenger | 93.5 cu.ft. | ||
EPA Total Interior | 103.5 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 | 5.8 inches | ||
Overall Length | 180.0 inches | ||
Front Shoulder Room | 54.7 inches | ||
Trunk or Cargo Capacity | 10.0 cu.ft. | ||
Turning Diameter | 32.8 feet | ||
Wheel Base | 103.7 inches | ||
Gross Vehicle Weight Rating (GVWR) | 4388 lbs. | ||
Width with mirrors | 69.4 inches |
Alloy Wheels | Available | ||
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Fog Lights | Available | ||
HID Headlights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 18 mpg | ||
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Highway | 25 mpg | ||
Combined | 20 mpg |
Drivetrain | AWD | ||
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Transmission Type | Automatic | ||
6 speed | Available | ||
Recommended Fuel | Premium | ||
Hill Start Assist | Available | ||
Limited Slip Differential | Available |
Horsepower | 237 @ 6000 RPM | ||
---|---|---|---|
Torque | 253 @ 2500 rpm | ||
Engine | 4-Cyl, Turbo, 2.0 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 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.