A 2017 Mitsubishi Lancer averages $8,995 today, with most selling between $7,988 and $12,900. ForCar prices the Mitsubishi Lancer from real US listings across 14 model years ($1,950–$8,995) — trade-in, private-party and dealer, adjusted for mileage. Free, no signup.
A 2012 Mitsubishi Lancer still asks 61% of what a 2017 one does — that's how much value it holds after 5 years. Among 93 sedans we price, that ranks #33, above the 57% class median. The steepest single-year drop comes at year 2 (−40.6%), after which losses ease to about 22.4% a year. Calculated from 93 listings.
Mitsubishi Lancer value by year
What a Mitsubishi Lancer is worth at each model year, from real US listings — the low (trade-in), median (private-party) and high (dealer) price.
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2017 | $7,988 | $12,900 | 4 | |
| 2016 | $4,500 | $8,995 | 9 | |
| 2015 | $3,500 | $6,750 | 13 | |
| 2014 | $4,800 | $6,500 | 4 | |
| 2013 | $3,400 | $5,500 | 8 | |
| 2012 | $3,500 | $5,995 | 5 | |
| 2011 | $2,700 | $8,995 | 12 | |
| 2010 | $3,995 | $4,500 | 3 | |
| 2009 | $1,750 | $3,300 | 4 | |
| 2008 | $1,600 | $5,800 | 6 | |
| 2006 | $3,300 | $4,999 | 5 | |
| 2004 | $1,500 | $2,999 | 12 | |
| 2003 | $1,500 | $3,495 | 3 | |
| 2002 | $1,100 | $3,500 | 5 |
How the Mitsubishi Lancer depreciates
Median market price by model year — how a Mitsubishi Lancer loses (or holds) value as it ages, from real listings. See how it tracks against the typical depreciation curve by age:
The newest Mitsubishi Lancer averages $8,995; a 15-year-older one runs about $2,850 — roughly 68% lost over 15 years. The steepest drop is usually in the first few years.
Does the Mitsubishi Lancer hold value better than its rivals?
Every sedan we price, ranked by how much of its 2017 price a 2012 car still asks. Higher is better — the Mitsubishi Lancer sits at #33 of 93, against a class median of 57%.
The Mitsubishi Lancer market right now
What the market asks for a Mitsubishi Lancer at each model year — the median of 251 real listings we track. Pro plots every individual listing on this chart.
Adjust your Mitsubishi Lancer value for mileage
Pick a model year and enter your odometer — see what your exact Mitsubishi Lancer is worth on today's market.
And here's what the market actually asks at each odometer band:
Trade-in, private-party & dealer price
Every Mitsubishi Lancer has three prices. Our low–median–high range maps to what a dealer pays you, what you'd get selling it yourself, and what a lot charges — compare with current used-market prices across all models.
For a 2017 Mitsubishi Lancer: a dealer trade-in offer is around $7,988, selling private-party nets about $8,995, and a lot asks near $12,900 — a $4,912 spread on the same car.
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Get an exact Mitsubishi Lancer value by VIN
Trim, engine and options move the value. Decode your Mitsubishi Lancer's VIN free to pin the exact build, then check its market value.
More on the Mitsubishi Lancer
Mitsubishi Lancer value FAQ
How much is a Mitsubishi Lancer worth?
A 2017 Mitsubishi Lancer averages $8,995 today (roughly $7,988–$12,900). Value depends on the year and mileage — see the table above for every model year, or add your mileage for an exact number.
Does mileage change the Mitsubishi Lancer value?
Yes — higher mileage lowers value. Enter your odometer reading in the mileage tool above to adjust the estimate from the model-year average.
Is the Mitsubishi Lancer value free?
Yes, every estimate is free with no signup, from real US market listings.
How is this calculated?
ForCar aggregates real asking prices for the Mitsubishi Lancer from current US listings into the low (10th percentile), median and high (90th percentile) price per model year.
Which Mitsubishi Lancer year is the best value?
See the value-by-year table and depreciation above — older years cost less but the newest years hold value best. The sweet spot is usually a few years old, where the steepest depreciation has already happened.
Is this a free Mitsubishi Lancer Blue Book alternative?
Yes. ForCar is a free, no-signup alternative to Kelley Blue Book and NADA — instead of a private formula, you see what Mitsubishi Lancers are actually listed for right now, by year and mileage.
Mark ForCar as a preferred source and our data shows up first in your Google results. One click, no account.