Compact Sedan · what it costs new, what it’s worth used, and who has one near you.
The 2011 Mitsubishi Lancer is a compact sedan we track across the used market in Canada. It comes in gas (12.5 L/100 km) and hybrid (7.8 L/100 km) forms, so the main choice is fuel — the hybrid earns its premium back over enough kilometres. A 21-year-old one keeps roughly 200% of a current model's market price — what actually matters over five years of ownership.
The view no marketplace shows you
Typical payment
$62/mo
Median used price
$3,500
Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Mitsubishi.
Gas — combined
12.5L/100 km
Hybrid — combined
7.8L/100 km
Fuel / year (20k km)
$4,025
Hybrid saves
$1,513/yr
Typical figures. See what it costs for your commute.
Median market price by vehicle age
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