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Looking to buy or sell a Mitsubishi Lancer? Whether you’re curious about the Mitsubishi Lancer price or the specific value of a classic 1996 model, our database gives you a realistic snapshot of what to expect. The Lancer’s appeal stretches from a sporty hatchback to a practical family sedan, making it a perennial favorite for both first‑time buyers and seasoned enthusiasts. In this thorough overview we’ll walk through key specs, depreciation details, and how the 1996 Lancer measures up against its peers—all without pinning down an exact dollar amount that can vary by market, mileage, and condition.

• Model Year: 1996
• Engine: 2.0L MIVEC inline‑4, producing around 135 hp (97 kW) and 125 lb‑ft of torque
• Transmission: 5‑speed manual (standard) or 4‑speed automatic (optional
• Fuel Type: Regular gasoline
• Drive Layout: Front‑wheel drive
• Wheelbase: 2,670 mm (105.1 in)
• Length: 4,300 mm (169.3 in)
• Width: 1,760 mm (69.3 in)
• Height: 1,415 mm (55.7 in)
• Boot Capacity: 470 L (16.6 cu ft) with rear seats up; 1,680 L (59.4 cu ft) when folded
• Fuel Economy: Approx. 7.8 L/100 km (30 mpg) highway; 8.5 L/100 km (28 mpg) city
• Safety Features: Dual front airbags, ABS, traction control, and optional side‑air curtains
• Interior Highlights: Power windows, central locking, optional upgrade to premium leather seats and alloy wheels

For buyers exploring the used Mitsubishi Lancer price, keeping an eye on these specs will help you gauge whether a particular listing fits your needs. A 1996 Lancer that has been well‑maintained, with clean service records and no major damage, will secure a higher valuation within the used market. It’s also useful to remember that the Mitsubishi Lancer depreciation curve follows a fairly typical pattern for mid‑size Japanese imports.

Depreciation Insights

Unlike luxury marques that can retain value, the Lancer’s primary appeal lies in its affordability and reliability. As a result, it tends to lose a steady portion of its value over time:

• First year: typically loses 15–20% of its purchase value
• By year 3–5: Total depreciation approaches 40–45% of the original price
• After 7 years: Valuation dips below 30% of the new price, though well‑maintained examples can still fetch a premium over their competitors

When asking “what is a 1996 Mitsubishi Lancer worth?”, consider these benchmarks: a clean, low‑mileage unit might sit comfortably in the “mid‑to‑high” segment of used prices for its class, while heavily worn examples will align with the lower end.

Market Comparison

To place the 1996 Mitsubishi Lancer depreciation in perspective, let’s look at comparable vehicles from the

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Last 20 car trackeds

Last tracked date	Status	Price	Price rank	Link
2 years ago	used	£25,250.00		Unlock all links