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A rational choice for a rational buyer on a moderate budget, the 2016 Lancer is a nice-driving compact 4-door sedan that offers lots of value for the money, a generous assortment of standard safety features and what Mitsubishi says is industry-leading warranty coverage. That’s a lot of automotive peace-of-mind.
While the 2016 Mitsubishi Lancer is a perfectly acceptable compact 4-door sedan offering a decent value, those looking for more inspiring motoring will likely gravitate elsewhere. There are certainly choices that will stand out in the crowd or do a better job at quickening the pulse.
For 2016 the Lancer lineup adds value, with increased levels of standard equipment. Inside is a new front center console and improved audio display, and outside is a new front fascia and chrome grille. Enthusiasts will shed tears, as the awesomely fast Evo model did not make it into 2016.
The 2016 Mitsubishi Lancer is a thoroughly rational 4-door compact sedan, with multiple trim levels, two engine choices, ample features, good driving dynamics, availability of all-wheel drive (AWD), noteworthy value for the money and a great warranty. Not stunningly outstanding, except for its perfectly logical appeal, buyers looking for just such traits will find the Lancer fills the bill. The five trim levels – ES 2.0, ES 2.4, SE 2.4, SEL 2.4 and GT 2.4 – include a generous complement of standard equipment, numerous commendable safety features and attractive pricing. There is also a fully transferable 5-year/60,000-mile new-vehicle warranty; a 10-year/100,000-mile powertrain warranty; a 7-year/100,000-mile anti-corrosion warranty; and 5-year/unlimited-miles roadside assistance – coverage that, Mitsubishi says, leads the industry.
2016 Mitsubishi Lancer pricing starts at $7,410 for the Lancer ES Sedan 4D, which had a starting MSRP of $19,430 when new. The range-topping 2016 Lancer GT Sedan 4D starts at $9,824 today, originally priced from $24,330.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$19,430 | $7,410 | |||
$21,830 | $13,282 | |||
$22,830 | $12,559 | |||
$24,330 | $9,824 |
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 2016 Mitsubishi Lancer models in typical condition when purchasing from a dealership. These prices are updated weekly.
The driving dynamics of the Mitsubishi Lancer deserve mention, because this compact 4-door rides, drives and handles better than the expectations of its segment require. With only 148 horsepower the base 2.0-liter engine is a little pokey, but the 168-horsepower 2.4-liter is just fine for the Lancer’s nimble mass. While not a sports car, it’s a kind of sporty compact; the ride deals with irregularities, it’s stable and predictable and it turns into mountain curves or those favorite onramps with responsive precision. Interior noise levels are maybe a little high for the class, but not so much that you can’t pick up the tunes or talk being cranked out by the audio system. The ES 2.4, SE 2.4 and SEL 2.4 models include electronically controlled all-wheel drive, which Mitsubishi calls All-Wheel Control, for exemplary traction no matter what the weather brings.
Stylistically, the 2016 Mitsubishi Lancer’s interior could be from any number of compact 4-door sedans. An instrument-panel pod in front of the driver includes the major gauges; low in the center are knobs for the climate controls and above that is a spot for the display screen, which is easily visible but almost looks added-on between the air conditioning vents. All the necessities are present; it’s just not going to knock you out. There is also no telescoping adjustment for the steering wheel. The rear seatbacks fold down for carrying long items.
There’s a slightly sporty stance to the 2016 Lancer, with its nose-down, tail-up rake and tidy shape, and this is accentuated with the GT and its 18-inch wheels and standard rear spoiler. Beyond that, it’s cleanly and nicely done but not memorable. Headlights and grille opening are neatly integrated into the wraparound front fascia, a rising character line along the side emphasizes the rake, and at the rear the taillights kind of mimic the look of the headlights as they curve into the trunklid.
ROCKFORD FOSGATE SOUND SYSTEM
Those looking for the best in-car audio in a compact sedan will be impressed by the 2016 Lancer’s 9-speaker, 710-watt Rockford Fosgate audio system; it’s standard on the GT 2.4 and optional, as part of the Sun and Sound Package, on the ES 2.0 with CVT. It has our recommendation.
ALL-WHEEL CONTROL
Mitsubishi calls the Lancer’s electronically controlled all-wheel-drive system All-Wheel Control. It includes a mode selector for front-wheel drive, all-wheel drive "Auto" or all-wheel-drive "Lock," to maintain optimum traction in all kinds of weather or driving conditions. It’s standard on the 2.4 ES, 2.4 SE and 2.4 SEL trim levels.
As part of its value message the 2016 Mitsubishi Lancer is well equipped. Standard on the ES 2.0 model are fog lights, power and heated mirrors, 16-inch alloy wheels, automatic climate control, 140-watt AM/FM/CD/MP3 audio, Bluetooth, steering-wheel-mounted audio and cruise controls, power windows and door locks and a comprehensive array of safety features. The three middle trim levels, ES 2.4, SE 2.4 and SEL 2.4, all have the 2.4-liter engine, continuously variable transmission and All-Wheel Control electronically controlled all-wheel drive. Moving up through the trims adds automatic on/off headlights, rain-sensing wipers, more audio system speakers, leather and other convenience items.
Generally, the 2016 Lancer’s options are wrapped into the trim levels and packages. A nice option (which we recommend) is the 710-watt Rockford Fosgate audio system but, strangely, it’s available only on the 2.0 ES model as an option (as part of the Sun and Sound Package, which includes power sunroof, rearview camera and other features) and the GT 2.4 as standard. There is also a Navigation System Package, All Weather Package, Chrome Package, Popular Equipment Package, LED Illumination Package and an assortment of trim and convenience accessories.
The base Lancer ES 2.0 has a 2.0-liter 4-cylinder of 148 horsepower and 145 lb-ft of torque, with either a 5-speed manual or continuously variable transmission (CVT). All the upgrade trim levels include the 2.4-liter 4-cylinder of 168 horsepower and 167 lb-ft of torque; it’s available with the 5-speed manual in the GT 2.4 model, or with the CVT as standard in the ES 2.4, SE 2.4 and SEL 2.4 and optional in the GT 2.4. The ES 2.0 and GT 2.4 are front-drive, while the other three models have All-Wheel Control all-wheel drive. For the combination of the larger engine, upgraded features, reasonable price and the inclusion of the all-wheel-drive system, we recommend one of the middle trim levels.
2.0-liter inline-4 (ES)
148 horsepower @ 6,000 rpm; 143 horsepower @ 6,000 rpm (California)
145 lb-ft of torque @ 4,200 rpm; 143 lb-ft of torque @ 4,200 rpm (California)
EPA city/highway fuel economy: 24/34 mpg (manual), 27/35 mpg (automatic)
2.4-liter inline-4 (SE, GT)
168 horsepower @ 6,000 rpm
167 lb-ft of torque @ 4,100 rpm
EPA city/highway fuel economy: 22/31 mpg (manual), 23/31 mpg (automatic, AWD), 24/31 mpg (GT 2.4, automatic)
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $874 | $9,744 | $8,193 | ||
2023 | $1,456 | $8,288 | $6,650 | ||
2024 | $1,885 | $6,403 | $4,537 | ||
Now | $936 | $5,467 | $3,550 |
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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 | 2954 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 | 5.5 inches | ||
Overall Length | 182.1 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 | ||
---|---|---|---|
Fog Lights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Roof Rails | Available | ||
Rear Spoiler | Available |
City | 27 mpg | ||
---|---|---|---|
Highway | 34 mpg | ||
Combined | 30 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Horsepower | 148 @ 6000 RPM | ||
---|---|---|---|
Torque | 145 @ 4200 rpm | ||
Engine | 4-Cyl, 2.0 Liter |
Basic | 5 years / 60000 miles | ||
---|---|---|---|
Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / 100000 miles |
Used 2016 Mitsubishi Lancer | Used 2016 Nissan Sentra | Used 2017 Ford Focus | Used 2016 Chevrolet Cruze Limited | ||
---|---|---|---|---|---|
Price | $7,410 | $6,759 | $6,436 | $6,128 | |
KBB.com Rating | 3.3 | 4.2 | 4.2 | 3.9 | |
Consumer Rating | 4.5 | 3.6 | 3.6 | 4.1 | |
Fuel Economy | City 27/Hwy 34/Comb 30 MPG | City 30/Hwy 40/Comb 34 MPG | City 26/Hwy 36/Comb 30 MPG | City 25/Hwy 36/Comb 29 MPG | |
Fuel Type | Gas | Gas | Flexible Fuel | Gas | |
Safety Rating | 4.0 | 4.0 | 5.0 | 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 | 130 @ 6000 RPM | 160 @ 6500 RPM | 138 @ 6300 RPM | |
Engine | 4-Cyl, 2.0 Liter | 4-Cyl, 1.8 Liter | 4-Cyl, Flex Fuel, 2.0L | 4-Cyl, ECOTEC, 1.8 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |
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2016 Mitsubishi Lancer city/highway fuel economy ratings range from 23/30 mpg to 27/34 mpg, depending on trim and equipment.
Used 2016 Mitsubishi Lancer prices currently range from $7,410 for the ES Sedan 4D to $13,282 for the SE Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2016 Mitsubishi Lancer is the ES Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $7,410.
The 2016 Mitsubishi Lancer is part of the 2nd-generation Lancer, which our owners give an above-average reliability rating of 4.7 out of 5.