HomeMitsubishiMitsubishi Lancer
2002 Mitsubishi Lancer

Used 2002 Mitsubishi Lancer

4.6
rating
Consumer
Write a Review
Save This Car
2002 Mitsubishi Lancer no image: 0
2017
2002
Fuel Economy
23 combined mpg
Horsepower
120 hp
Engine
4-Cyl, 2.0 Liter
Cargo Volume
11.3 cu ft
Next Steps: Shopping for this car?

2002 Mitsubishi Lancer Overview

2002 Mitsubishi Lancer Pricing

2002 Mitsubishi Lancer pricing starts at $2,200 for the Lancer ES Sedan 4D, which had a starting MSRP of $15,242 when new. The range-topping 2002 Lancer OZ Rally Sedan 4D starts at $2,775 today, originally priced from $16,832.

Original MSRP
KBB Fair Purchase Price (national avg.)
$15,242
$2,200
$16,442
$2,400
$16,832
$2,775

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 2002 Mitsubishi Lancer models in typical condition when purchasing from a dealership. These prices are updated weekly.

Lancer Consumer Sentiment

Owners give this generation Mitsubishi Lancer (2002-2007) a 4.6 out of 5 rating, which is higher than most, and 94% recommend it. These figures are based on 614 consumer reviews, like these:

What Owners are Saying About the 2002 Mitsubishi Lancer

"Reliable"

"I have had the 2002 ES model for over 4 years now. The car has had no major problems. I try not to push the car too hard in hopes of extending its life as much as possible. So far, so good. Gas mileage 28 to 32 mpg. Roomier than one would expect. I am well over 6' and have plenty of room. Decent sound system. Perhaps too much on the bass side, but its cool if you like that. Respectable get up and go, but some may prefer a bit more power. Changing the oil is not a hassle or over expensive. Small tires do not last long. I feel it is worth getting a better, more expensive tire that will last longer. It can be loud driving down the highway, especially on a highway that is not very smooth. Overall, I have gotten my money's worth out of this car and hope to use it for more years to come."

"294,000 miles and it never failed me. Ever!"

"I am a big complainer and hard to please. Manual shifting, which is the best. Who could imagine, still the origional transmission and engine, suspension et al. I installed one new battery, catalytic converter and set of brakes, two serpentine and timing belts. The rest is regular maintenance: oil changes, air filter, and it runs like a dream. Nothing else ever went wrong on this little gem. Which means it's all right. Literally, it is ALL RIGHT! Holds the road beautifully, excellent in snow because low center of balance. It has passsed jeep that slid off the road in icy snowy conditions. I drive hard and fast - often 80 mph on NM roads and still got 37 -41 mpg over all until this year. Since the new catalytic converter was installed 6/2011, it is getting 33 - 36 mpg combined. This little car is a dream come true for someone who needs dependability, economy, and responsiveness. Styling is sweet. Still crazy good and beautiful (styling is timeless) after all these years."

"Perfect first car, runs great!"

"I bought this as my first car at 17 in 2022. It has never failed me. Gets me everywhere I need to go without trouble, rides smooth, and surprisingly has an excellent sound system. I even had passengers ask me where I got my speakers from and I said it was stock. Runs great both on surface streets and on the highway, and even at 21 years old this car runs better than some of the newer cars in my family. I absolutely love this car and I am looking to keep it for as long as it runs and maybe even invest some money into it! Love this car!"

Overall 2002 Mitsubishi Lancer Quality

User sentiment suggests the overall quality of the 2002 Mitsubishi Lancer is above average for its class. Owners rated the 2002 Mitsubishi Lancer quality a 4.6 out of 5.

2002 Mitsubishi Lancer Reliability

The 2002 Mitsubishi Lancer receives an average consumer rating of 4.6 overall and a 4.8 for reliability, which means owners consider its reliability to be above average.

Favorite 2002 Lancer Features

According to drivers of the 2002 Lancer, here are some of its best features:

  • All. everything. it's wonderful
  • Comfortable, reliable, sound system, stylish
  • Reliable, Light, Zippy
  • Awesome to drive
  • Roomy for it's size, fuel economy

2002 Mitsubishi Lancer MPG by Trim

2002 Lancer ES Sedan 4D - city 21 MPG - hwy 27 MPG

2002 Lancer LS Sedan 4D - city 21 MPG - hwy 27 MPG

2002 Lancer OZ Rally Sedan 4D - city 21 MPG - hwy 27 MPG

2002 Lancer Safety

NHTSA Safety Rating

According to the National Highway Traffic Safety Administration (NHTSA), the 2002 Mitsubishi Lancer front-side driver crash test rating is 4 out of 5 stars. The front-side passenger crash test rating is 4 out of 5.

2002 Mitsubishi Lancer Safety Features

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Rear Side Airbag
  • Front Side Airbag
More About How We Rate Vehicles
Advertisement

2002 Mitsubishi Lancer
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 614 Consumer Reviews
Write a Review
95%Recommend this vehicle
Value
4.7
Performance
4.7
Quality
4.6
Comfort
4.6
Reliability
4.8
Styling
4.6

Trending Topics in KBB.com Consumer Reviews

Advertisement

2002 Mitsubishi Lancer Values and Prices

Style
Trade-In Value
Private Party Value
Fair Purchase Price
$950
$1,925
$2,200
$1,125
$2,075
$2,400
$1,400
$2,425
$2,775
Values above are based on "Good" condition vehicles. Estimated Trade-In Values range from about $950 to $1,400 depending on vehicle style. Estimated Private Party Values range from about $1,925 to $2,425 depending on vehicle style. Values and prices are based on national averages and typical mileage for this model, but they can vary greatly according to mileage, condition, location, and other factors. Valid through 7/13/2026.
Trade-In Value
Trade-In Value is the amount you can expect to receive this week when trading in your vehicle at a dealership.
Private Party Value
Private Party Value is the fair price you can expect when selling your car to an individual, not to a dealer.
Fair Purchase Price
Fair Purchase Price shows what others in your area are actually paying for this vehicle.
See Full Specs for All 2002 Mitsubishi Lancer Styles
Advertisement

2002 Mitsubishi Lancer Depreciation

A 2002 Mitsubishi Lancer has a current resale value of $1,925 and trade-in value of $950.

Login or create a new account to see your vehicle depreciation forecast data.

Historical
historical solid line
Forecast
forecast dash line
2002 Mitsubishi Lancer
Compare up to 3 vehicles by logging in.

2002 Mitsubishi Lancer Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
$164
$1,712
$619
2024
$48
$1,664
$548
2025
$14
$1,650
$534
Now
+ $275
$1,925
$950
Lock Icon

Unlock Forecast

2-Year Forecasted Depreciation

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

2002 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.


Is this information helpful?
Learn More About 2002 Mitsubishi Lancer Depreciation

Already Own This Car?

Calculate Your Budget With These KBB.com Tools

Car Financing
101

Specifications

Dimensions, Weights & Capacities

Curb Weight
2646 lbs.
EPA Passenger
93.9 cu.ft.
EPA Total Interior
105.2 cu.ft.
Fuel Capacity
13.2 gallons
Front Head Room
38.8 inches
Front Leg Room
43.2 inches
Max Seating Capacity
5
Minimum Ground Clearance
4.9 inches
Overall Length
177.6 inches
Front Shoulder Room
54.1 inches
Trunk or Cargo Capacity
11.3 cu.ft.
Turning Diameter
32.8 feet
Wheel Base
102.4 inches
Gross Vehicle Weight Rating (GVWR)
3638 lbs.
Width with mirrors
66.8 inches

Exterior

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

Fuel Economy

City
21 mpg
Highway
27 mpg
Combined
23 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic

Performance

Horsepower
120 @ 5500 RPM
Torque
130 @ 4250 rpm
Engine
4-Cyl, 2.0 Liter

Warranty

Basic
3 years / 36000 miles
Powertrain
5 years / 60000 miles
Corrosion
7 years / 100000 miles

Entertainment

  • DVD Entertainment System
  • MP3 Player
  • CD Player

Interior

  • Power Windows
  • Tilt Steering Wheel

Seating

  • Leather Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Technology

  • Cruise Control
  • Navigation System

2002 Mitsubishi Lancer Safety

Safety Features & Technology

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Rear Side Airbag
  • Front Side Airbag
Not Available

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Driver Front
4.0
Passenger Front
4.0
Front Side
2.0
Rear Side
4.0
Rollover Rating
4.0

Compare to Similar Vehicles

Mitsubishi Lancer
Used 2002
Mitsubishi Lancer
Audi A6
Used 2007
Audi A6
Saab 9-5
Used 2009
Saab 9-5
Jaguar X-Type
Used 2003
Jaguar X-Type
See Details
Price
$2,200
$2,125
$2,100
$1,975
Consumer Rating
4.6
4.6
3.9
4.1
Fuel Economy
City 21/Hwy 27/Comb 23 MPG
City 18/Hwy 27/Comb 21 MPG
City 17/Hwy 27/Comb 20 MPG
City 16/Hwy 23/Comb 19 MPG
Fuel Type
Gas
Gas
Gas
Gas
Seating Capacity5555
Basic Warranty
3 years or 36000 miles
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
Horsepower
120 @ 5500 RPM
255 @ 6500 RPM
260 @ 5300 RPM
227 @ 6800 RPM
Engine
4-Cyl, 2.0 Liter
V6, 3.2 Liter
4-Cyl, Turbo, 2.3 Liter
V6, 3.0 Liter
Drivetrain
FWD
FWD
FWD
AWD

2002 Mitsubishi Lancer Rankings

More Mitsubishi Lancer News & Information

Compact Car
2017 Mitsubishi Lancer Limited Edition Revealed

Seeking to add more appeal to its compact sedan, Mitsubishi announced the 2017 Lancer Limited Edition model. Positioned just above the base Lancer ES…

Bob Nagy May 03, 2017
Compact Car
2017 Mitsubishi Lancer Buyer’s Guide

Surprisingly Good Driving Dynamics The aging 2017 Mitsubishi Lancer doesn’t break any ground in the compact sedan segment, but it…

KBB Editors August 26, 2016
Midsize SUV Crossover
In Memoriam: Models Passing from the automotive scene

One of the annual highlights of the Oscars is an in memoriam section that pays tribute to film artists who…

KBB Editors March 02, 2016

FAQs

Is 2002 a good year for a Mitsubishi Lancer?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2002 Lancer is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

Is the Mitsubishi Lancer 2002 a good Sedan?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2002 Lancer is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

What is the MPG for a 2002 Mitsubishi Lancer?

The 2002 Mitsubishi Lancer gets 21 mpg in the city and 27 mpg on the highway.
Advertisement