Used 2008 Mitsubishi Lancer DE Sedan 4D
Pricing
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Values and Prices
Fair Purchase Price is determined by collecting thousands of actual consumer vehicle purchase prices, plus data from national vehicle registration databases and several other reliable third-party sources.
Estimated Values
Condition | Trade-In Value | Private Party Value | ||
|---|---|---|---|---|
Excellent | $1,550 | $2,725 | ||
Very Good | $1,475 | $2,600 | ||
Good | $1,375 | $2,450 | ||
Fair | $1,100 | $2,075 |
Estimated Trade-In Values for the 2008 Mitsubishi Lancer DE Sedan 4D range from about $1,100 to $1,550 depending on vehicle condition. Estimated Private Party Values range from about $2,075 to $2,725 depending on vehicle condition. Valid for ZIP Code 14850 through 9/22/2026.
2008 Mitsubishi Lancer DE Sedan 4D Depreciation
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2008 Mitsubishi Lancer DE Sedan 4D Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | $89 | $3,022 | $1,314 | ||
2024 | $109 | $2,913 | $1,159 | ||
2025 | $108 | $2,805 | $1,065 | ||
Now | $355 | $2,450 | $1,375 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2008 Mitsubishi Lancer DE Sedan 4D 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.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 2922 lbs. | ||
|---|---|---|---|
EPA Passenger | 94.8 cu.ft. | ||
Fuel Capacity | 15.3 gallons | ||
Front Head Room | 39.6 inches | ||
Front Leg Room | 42.2 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 | 11.6 cu.ft. | ||
Turning Diameter | 32.8 feet | ||
Wheel Base | 103.7 inches | ||
Gross Vehicle Weight Rating (GVWR) | 4079 lbs. | ||
Width with mirrors | 69.4 inches |
Exterior
Fog Lights | Available | ||
|---|---|---|---|
Number of Doors | 4 doors |
Fuel Economy
City | 22 mpg | ||
|---|---|---|---|
Highway | 29 mpg | ||
Combined | 24 mpg |
Mechanical
Drivetrain | FWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Performance
Horsepower | 152 @ 6000 RPM | ||
|---|---|---|---|
Torque | 146 @ 4250 rpm | ||
Engine | 4-Cyl, 2.0 Liter |
Warranty
Basic | 5 years / 60000 miles | ||
|---|---|---|---|
Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / 100000 miles |
2008 Mitsubishi Lancer DE Sedan 4D Standard Features
2008 Mitsubishi Lancer
KBB.com Review
Drivers who spend time on twisty roads or at the track are sure to lust for the 2008 Mitsubishi Evolution. Behind its sedan exterior is an engine that will work to push you into snug Recaro seats and an all-wheel-drive system that makes even mediocre drivers feel supremely skilled.
Despite adopting a more sophisticated demeanor for 2008, the Mitsubishi Evolution is a poor excuse for a daily driver, especially in MR form. The ride is harsh, the front Recaro seats confining for larger folks and the new MR’s new twin-clutch transmission is ill suited in stop-and-go traffic.
2008 Mitsubishi Lancer
KBB.com Consumer Reviews
Consumer Rating
2008 Mitsubishi Lancer DE Sedan 4D Safety
Safety Features & Technology
Crash Test Rating
Compare to Similar Vehicles
 Used 2008 Mitsubishi Lancer DE Sedan 4D |  Used 2010 Audi A6 |  Used 2009 Chrysler 300 |  Used 2008 Dodge Charger | ||
|---|---|---|---|---|---|
| Price | $2,825 | $2,700 | $2,650 | $2,550 | |
| Consumer Rating | 4.5 | 4.6 | 4.5 | 4.6 | |
| Fuel Economy | City 22/Hwy 29/Comb 24 MPG | City 18/Hwy 28/Comb 22 MPG | City 17/Hwy 25/Comb 20 MPG | City 17/Hwy 24/Comb 20 MPG | |
| Fuel Type | Gas | Gas | Gas | Gas | |
| Seating Capacity | 5 | 5 | 5 | 5 | |
| Basic Warranty | 5 years or 60000 miles | 4 years or 50000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
| Horsepower | 152 @ 6000 RPM | 265 @ 6500 RPM | 250 @ 6400 RPM | N/A | |
| Engine | 4-Cyl, 2.0 Liter | V6, 3.2 Liter | V6, HO, 3.5 Liter | V6, HO, 3.5 Liter | |
| Drivetrain | FWD | FWD | RWD | RWD |