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2014 Mitsubishi Lancer

Used 2014 Mitsubishi Lancer

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2017
2014
Fuel Economy
19 - 29 combined mpg
Horsepower
148 - 291 hp
Engine
3 engines available
Engine Options
  • 4-Cyl, 2.0 Liter
  • 4-Cyl, 2.4 Liter
  • 4-Cyl, Turbo, 2.0 Liter
Cargo Volume
6.9 - 12.3 cu ft
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2014 Mitsubishi Lancer Review

KBB Editors

By KBB Editors

Updated December 23, 2019

Our editors drive and evaluate hundreds of new cars every single year, turning thousands of miles and countless hours behind the wheel into helpful reviews, ratings, and comparisons. They also have lives outside of work, or so they think. You’d be surprised what you can learn by hauling a dirt bike, hunting for a wayward sippy cup, or just packing the trunk full of groceries.

Pros

If you’re looking for a sporty, sharp-handling compact car that stands out from the crowd and comes with a comprehensive warranty, the Mitsubishi Lancer deserves a look. If you want your morning commute to feel like a World Rally Championship special stage, the Evo is your ride.

Cons

You won’t find a bevy of creature comforts like ventilated front seats or watchful safety features such as blind-spot monitoring in the aging Lancer lineup. For the latest in tech, safety and comfort features, look to models like the Kia Forte, Mazda3, or Chevrolet Cruze – all of which offer better fuel efficiency, too.

What's New?

Mitsubishi has dropped the base DE Lancer sedan from the menu, with the slightly costlier but better-equipped ES now the entry model. New audio and navigation systems arrive across the board, along with minor interior changes on select trims.

The 2014 Mitsubishi Lancer lineup of compact cars isn’t the freshest in the industry, but it’s certainly one of the most diverse. With a sporty sedan, versatile hatchback and race-worthy Evolution rally car – not to mention turbochargers, all-wheel-drive capability and innovative transmissions – there’s a Lancer flavor to suit a variety of tastes. Competitors such as the Honda Civic, Ford Focus, Hyundai Elantra and Chevrolet Cruze boast better fuel economy and larger dealer networks, but few compact cars can match the sporty nature and something-for-everyone personality offered by the Lancer.

2014 Mitsubishi Lancer Pricing

2014 Mitsubishi Lancer pricing starts at $6,647 for the Lancer ES Sedan 4D, which had a starting MSRP of $19,405 when new. The range-topping 2014 Lancer Evolution MR Sedan 4D starts at $19,378 today, originally priced from $38,990.

Original MSRP
KBB Fair Purchase Price (national avg.)
$19,405
$6,647
$19,905
$8,898
$21,490
$6,204
$22,240
$7,928
$22,740
$8,731
$29,190
$16,723
$35,790
$20,183
$38,990
$19,378

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2014 Mitsubishi Lancer models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Mitsubishi Lancer

With power output that ranges from 148 horsepower to a turbocharged 291, engine choice has a profound impact on the Lancer driving experience. That said, the whole lineup favors responsiveness, balance and driver involvement. All-wheel-drive models, including the well-priced Lancer SE, are especially adept at clinging to pavement when thrown into corners. Even front-wheel-drive models such as the mid-range GT model we tested are impressively composed and grippy. The slightly smoother and quieter ES is well-suited to around-town driving duties, though it still talked to us about the road surface and what the tires were doing. The pinnacle performer is the Evo, which has screaming acceleration and black hole-like adhesion. The Evo feels rally-ready, but be warned: Its utterly stiff ride will jar your back and your brain. A happier medium is the all-wheel-drive Lancer Ralliart, which offers turbocharged thrills and a more compliant ride.

Interior Comfort

The 2014 Mitsubishi Lancer’s sharp and modern exterior styling does not extend into its cabin. Here, the Lancer is showing its age, and bland, cheap plastic doesn’t help. The lack of a telescoping steering wheel on all models makes it harder to find a perfect fit. Evo editions have well-bolstered, low-sitting Recaro seats up front, but without height adjustment, shorter drivers will struggle to see over the dash. A leather-wrapped steering wheel and shift knob make GT and Ralliart trims more appealing. The most versatile Lancer of the bunch is the Sportback, which delivers 52.7 cubic feet of cargo space with the rear seats folded.

Exterior Styling

The Lancer stands out from other compact sedans with its angular, sporty design, and aggressive snout and forward stance. A rear spoiler and 18-inch aluminum-alloy wheels add to the athletic character of GT and Ralliart models. Lancer Evolution models take the aggressiveness to another level with flared and vented fenders, two big exhaust outlets, and a massive rear spoiler on GSR trims. The Evo is slightly lower and shorter, but with an extended wheelbase and width for better handling. Perhaps the most stylish Lancer is also the most functional: the Sportback wagon with its sloping rear hatch.

Favorite Features

ROCKFORD-FOSGATE SOUND SYSTEM
Mitsubishi’s premium sound system of choice is loud, proud and clean in sound. This available audio system packs nine speakers and 710 watts of rocking pleasure.

6-SPEED AUTO-SHIFTING TRANSMISSION
In Mitsubishi’s parlance, it’s a TC-SST, that alphabet soup standing for Twin-Clutch Sportronic Shift Transmission. To us it’s just an excellent automatic (with manual-shift mode) that rifles through gears faster than we ever could.

Standard Features

Even the least-expensive Lancer offers decent features for its price of just under $18,000. Included are keyless entry and auto-off headlights. The SE costs a few thousand more but includes an automatic transmission, a stronger engine, all-wheel drive, 6.1-inch touch-screen audio, and heated front seats. Ralliart models feature an excellent turbocharged engine and a more sophisticated version of Mitsubishi’s all-wheel-drive system, while Evo models are performance-minded with 291 horsepower, Brembo brakes and customizable all-wheel-drive. Lancers come with a 5-year/60,000-mile transferable warranty and 10-year/100,000-mile powertrain warranty, except for Ralliart and Evo editions, which trim those to 3-year/36,000 miles and 5-year/60,000 miles.

Factory Options

Many of the extras available for the Lancer are wrapped into packages that vary by trim. Base models can be spruced up with a hands-free communication system, 6-speaker audio system, and rear disc brakes in favor of the older drum type. Higher trims can be outfitted with a power sunroof, Rockford-Fosgate premium sound with a 10-inch trunk-mounted subwoofer, navigation, HID (high-intensity discharge) headlights, and leather seating.

Engine & Transmission

A bevy of 4-cylinder engines and transmission choices are available across the 2014 Mitsubishi Lancer lineup. ES models are the least potent, with a 2.0-liter engine that makes 148 horsepower, still adequate for most duties. SE and GT models are endowed with a larger engine and 168 horsepower. Ralliart models boast a turbocharged engine that makes 237 horsepower, enough to make this car very quick, while shrieking-fast Evos are tuned to churn out 291 horsepower. The twin-clutch automatic transmission of those latter two models feels superb, but the continuously-variable automatic transmission available in other models is surprisingly refined. If you opt for the performance-oriented Ralliart or Evo models, be ready to pay extra at the pump for premium gasoline to satisfy their thirsty turbo engines.

2.0-liter inline-4
148 horsepower @ 6,000 rpm
145 lb-ft of torque @ 4,200 rpm
EPA city/highway fuel economy: 25/34 mpg (manual), 26/34 mpg (automatic), 24/32 mpg (Sportback)

2.4-liter inline-4
168 horsepower @ 6,000 rpm
167 lb-ft of torque @ 4,100 rpm
EPA city/highway fuel economy: 22/31 mpg (manual), 23/30 mpg (automatic), 22/29 mpg (Sportback and SE sedan)

2.0-liter turbocharged inline-4
237 horsepower @ 6,000 rpm
253 lb-ft of torque @ 2,500-4,750 rpm
EPA city/highway fuel economy: 18/25 mpg (automatic)

2.0-liter turbocharged inline-4
291 horsepower @ 6,500 rpm
300 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy: 17/23 mpg (manual), 17/22 mpg (automatic)


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2014 Mitsubishi Lancer
KBB.com Consumer Reviews

4.5
Consumer Rating
Based on 375 Consumer Reviews
Write a Review
90%Recommend this vehicle
5
67%
5
67%
4
25%
4
25%
3
5%
3
5%
2
2%
2
2%
1
2%
1
2%
Value
4.6
Performance
4.6
Quality
4.5
Comfort
4.5
Reliability
4.7
Styling
4.6

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2014 Mitsubishi Lancer Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
SE Sedan 4D
$6,204
25 MPG
168 @ 6000 RPM
4-Cyl, 2.4 Liter
12.3 cu ft
167 lb-ft
3120 lbs
ES Sedan 4D
$6,647
29 MPG
148 @ 6000 RPM
4-Cyl, 2.0 Liter
12.3 cu ft
145 lb-ft
2932 lbs
GT Sedan 4D
$7,928
26 MPG
168 @ 6000 RPM
4-Cyl, 2.4 Liter
10 cu ft
167 lb-ft
3032 lbs
Ralliart Sedan 4D
$16,723
20 MPG
237 @ 6000 RPM
4-Cyl, Turbo, 2.0 Liter
10 cu ft
253 lb-ft
3461 lbs
Evolution MR Sedan 4D
$19,378
19 MPG
291 @ 6500 RPM
4-Cyl, Turbo, 2.0 Liter
6.9 cu ft
300 lb-ft
3571 lbs
Evolution GSR Sedan 4D
$20,183
19 MPG
291 @ 6500 RPM
4-Cyl, Turbo, 2.0 Liter
6.9 cu ft
300 lb-ft
3527 lbs
See Full Specs for All 2014 Mitsubishi Lancer Styles
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2014 Mitsubishi Lancer Depreciation

A 2014 Mitsubishi Lancer has depreciated $2,507 or 34% in the last 3 years and has a current resale value of $4,857 and trade-in value of $2,917.

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2014 Mitsubishi Lancer
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2014 Mitsubishi Lancer Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$264
$7,364
$5,785
2023
$646
$6,718
$5,027
2024
$1,386
$5,332
$3,495
Now
$475
$4,857
$2,917
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2014 Mitsubishi Lancer Depreciation

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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Specifications

Dimensions, Weights & Capacities

Curb Weight
3120 lbs.
EPA Passenger
93.5 cu.ft.
EPA Total Interior
105.8 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
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
Width with mirrors
69.4 inches

Exterior

Alloy Wheels
Available
Fog Lights
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors
Roof Rails
Available
Rear Spoiler
Available

Fuel Economy

City
22 mpg
Highway
29 mpg
Combined
25 mpg

Mechanical

Drivetrain
AWD
Transmission Type
Automatic
Recommended Fuel
Regular

Performance

Horsepower
168 @ 6000 RPM
Torque
167 @ 4100 rpm
Engine
4-Cyl, 2.4 Liter

Warranty

Basic
5 years / 60000 miles
Powertrain
10 years / 100000 miles
Corrosion
7 years / 100000 miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release

Entertainment

  • MP3 Player
  • Premium Radio
  • Satellite Radio
  • CD Player

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Tilt Steering Wheel

Seating

  • Folding Rear Seat
  • Cloth Seats
  • Heated Seats

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Remote Engine Start
  • USB Port
  • Real-Time Traffic Information

2014 Mitsubishi Lancer Safety

2014 Mitsubishi Lancer Safety Technology

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Stability Control
  • Traction Control
  • Driver Knee Airbag
  • Front Head Curtain Airbag
  • Front Side Airbag
  • Rear Head Curtain Airbag
  • Rear Parking Sensors
4.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
4.0
Side Barrier
4.0
Rollover Rating
4.0
Side Crash
4.0

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See Details
Price
$6,204
$5,572
$5,259
$5,086
KBB.com Rating
2.8
3.7
4.3
3.9
Consumer Rating
4.5
4.4
3.6
3.8
Fuel Economy
City 22/Hwy 29/Comb 25 MPG
City 30/Hwy 43/Comb 35 MPG
City 26/Hwy 38/Comb 30 MPG
City 27/Hwy 36/Comb 30 MPG
Fuel Type
Gas
Diesel
Flexible Fuel
Gas
Safety Rating
4.0
5.0
5.0
4.0
Seating Capacity5555
Basic Warranty
5 years or 60000 miles
3 years or 36000 miles
3 years or 36000 miles
3 years or 36000 miles
Horsepower
168 @ 6000 RPM
140 @ 4000 RPM
160 @ 6500 RPM
109 @ 6000 RPM
Engine
4-Cyl, 2.4 Liter
4-Cyl, Turbo Dsl, 2.0L
4-Cyl, Flex Fuel, 2.0L
4-Cyl, 1.6 Liter
Drivetrain
AWD
FWD
FWD
FWD

2014 Mitsubishi Lancer Rankings

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FAQs

What is the MPG for a 2014 Mitsubishi Lancer?

2014 Mitsubishi Lancer city/highway fuel economy ratings range from 17/22 mpg to 26/34 mpg, depending on trim and equipment.

How much should a 2014 Mitsubishi Lancer cost?

Used 2014 Mitsubishi Lancer prices currently range from $6,204 for the SE Sedan 4D to $20,183 for the Evolution GSR Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Mitsubishi Lancer?

The cheapest 2014 Mitsubishi Lancer is the SE Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $6,204.

Is the 2014 Mitsubishi Lancer reliable?

The 2014 Mitsubishi Lancer is part of the 2nd-generation Lancer, which our owners give an above-average reliability rating of 4.7 out of 5.

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