Used 2016 Mitsubishi Lancer SEL 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 | $5,650 | $8,800 | ||
Very Good | $5,350 | $8,375 | ||
Good | $5,025 | $7,875 | ||
Fair | $4,175 | $6,625 |
Estimated Trade-In Values for the 2016 Mitsubishi Lancer SEL Sedan 4D range from about $4,175 to $5,650 depending on vehicle condition. Estimated Private Party Values range from about $6,625 to $8,800 depending on vehicle condition. Valid for ZIP Code 37334 through 2/24/2026.
2016 Mitsubishi Lancer SEL Sedan 4D Depreciation
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2016 Mitsubishi Lancer SEL Sedan 4D Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | $1,035 | $9,588 | $8,304 | ||
2024 | $603 | $8,985 | $7,792 | ||
2025 | + $549 | $9,534 | $8,436 | ||
Now | $1,659 | $7,875 | $5,025 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2016 Mitsubishi Lancer SEL 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 | 3142 lbs. | ||
|---|---|---|---|
EPA Passenger | 93.5 cu.ft. | ||
EPA Total Interior | 105.8 cu.ft. | ||
Fuel Capacity | 14.5 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 |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Fog Lights | Available | ||
Number of Doors | 4 doors | ||
Roof Rails | Available | ||
Rear Spoiler | Available |
Fuel Economy
City | 23 mpg | ||
|---|---|---|---|
Highway | 30 mpg | ||
Combined | 26 mpg |
Mechanical
Drivetrain | AWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Performance
Horsepower | 168 @ 6000 RPM | ||
|---|---|---|---|
Torque | 167 @ 4100 rpm | ||
Engine | 4-Cyl, 2.4 Liter |
Warranty
Basic | 5 years / 60000 miles | ||
|---|---|---|---|
Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / 100000 miles |
2016 Mitsubishi Lancer SEL Sedan 4D Standard Features
2016 Mitsubishi Lancer
KBB.com Review
Kbb.com Expert Rating
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.