Mitsubishi Lancer value and depreciation
Known for dependable sedans and the evo halo.
Depreciation curve
We class the Mitsubishi Lancer as a mainstream in our 12-tier model, which puts its retention at roughly 65% after three years and 51% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Retention table
| After | Retained |
|---|---|
| 1 year | 81% |
| 3 years | 65% |
| 5 years | 51% |
| 7 years | 39% |
| 10 years | 26% |
Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.
Lancer sedans were sold in South Africa across several generations, with the 2008 model bringing sharper styling and a 2.0 CVT drivetrain. The rally-bred Lancer Evolution versions arrived in small numbers and now trade as collectables. Regular Lancers faded from the local market around 2017 when global production wound down.
Lancer against its rivals
Mitsubishi Lancer: common questions
Does the Mitsubishi Lancer hold its value?
We class the Mitsubishi Lancer as a mainstream in our 12-tier model, which puts its retention at roughly 65% after three years and 51% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.