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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $294 | $10,342 | $7,537 | ||
2023 | $1,085 | $9,257 | $6,304 | ||
2024 | $339 | $8,918 | $6,095 | ||
Now | + $1,451 | $10,369 | $7,954 |
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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 | 3032 lbs. | ||
---|---|---|---|
EPA Passenger | 93.5 cu.ft. | ||
EPA Total Interior | 105.8 cu.ft. | ||
Fuel Capacity | 15.5 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 | 12.3 cu.ft. | ||
Turning Diameter | 32.8 feet | ||
Wheel Base | 103.7 inches | ||
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 | 23 mpg | ||
---|---|---|---|
Highway | 30 mpg | ||
Combined | 26 mpg |
Drivetrain | FWD | ||
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Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Horsepower | 168 @ 6000 RPM | ||
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Torque | 167 @ 4100 rpm | ||
Engine | 4-Cyl, 2.4 Liter |
Basic | 5 years / 60000 miles | ||
---|---|---|---|
Powertrain | 10 years / 100000 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 GT Sedan 4D | Used 2017 Chrysler 200 | Used 2016 Audi A4 | Used 2015 BMW 7 Series | ||
---|---|---|---|---|---|
Price | $13,122 | $11,689 | $11,303 | $11,006 | |
KBB.com Rating | 3.4 | 3.7 | 4.5 | N/A | |
Consumer Rating | 4.5 | 4.1 | 4.4 | 4.2 | |
Fuel Economy | City 23/Hwy 30/Comb 26 MPG | City 23/Hwy 36/Comb 27 MPG | City 21/Hwy 30/Comb 25 MPG | City 19/Hwy 29/Comb 23 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Safety Rating | 4.0 | N/A | 5.0 | N/A | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 5 years or 60000 miles | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
Horsepower | 168 @ 6000 RPM | 184 @ 6250 RPM | 220 @ 4450 RPM | 315 @ 5800 RPM | |
Engine | 4-Cyl, 2.4 Liter | 4-Cyl, MultiAir PZEV 2.4L | 4-Cyl, Turbo, 2.0 Liter | 6-Cyl, Turbo, 3.0 Liter | |
Drivetrain | FWD | FWD | AWD | RWD |