Compact Sedan · what it costs new, what it’s worth used, and who has one near you.

The 2008 Mitsubishi Lancer is a compact sedan we track across the used market in Canada. It comes in gas (12.5 L/100 km) and hybrid (7.8 L/100 km) forms, so the main choice is fuel — the hybrid earns its premium back over enough kilometres. A 21-year-old one keeps roughly 183% of a current model's market price — what actually matters over five years of ownership.
Each dot is a live listing — price by mileage, with the market trend line. Click any dot to view it. Showing 1 of 6.
The view no marketplace shows you
Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Mitsubishi.
Typical payment
$685/mo $297
Typical asking price
$38,889 $16,894
Gas — combined
12.5L/100 km
Hybrid — combined
7.8L/100 km
Fuel / year (20k km)
$4,450
Hybrid saves
$1,673/yr
Typical figures. See what it costs for your commute.
Median market price by vehicle age
Same data pipeline, every rival — tap to open its page
5038938 ONTARIO INC.
Cambridge, ON · 1 in stock
Owner-reported problems and open safety recalls
Most-reported problems
Across 91 owner complaints filed on the 2008 Mitsubishi Lancer
Share of complaints naming each system — a signal of what owners report most on this model, not a failure rate. The denominator is people who filed a complaint, not every owner. Complaints are filed with the US regulator; the same models are sold in Canada.
Safety recalls
5 campaigns issued by the manufacturer
Structure · Frame and Members
Mitsubishi Motors North America, Inc. (MMNA) is recalling certain 2008-2010 Lancer, 2009-2010 Lancer Sportback, 2008-2013 Outlander, and 2011-2016 Outlander Sport vehicles originally sold in, or ever registered in, Connecticut, Delaware, the District of Columbia, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, and Wisconsin. The front lower control arms may detach due to the front cross member corroding from salt water exposure such as from road salt use.
Campaign 20V279000
Visibility · Sun/moon Roof Assembly
Mitsubishi Motors North America, Inc. (MMNA) is recalling certain 2007-2010 Outlander, 2008-2010 Lancer, 2009-2010 Lancer Evolution, and 2010 Lancer Sportback vehicles equipped with sunroofs. The sunroof glass may detach from the sunroof assembly, becoming a road hazard to other vehicles.
Campaign 18V071000
Engine and Engine Cooling · Engine · Gasoline · Belts and Associated Pulleys
Mitsubishi Motors North America, Inc. (Mitsubishi) is recalling certain model year 2008-2011 Lancer, Lancer Evolution, and Outlander; 2009-2011 Lancer Sportback, Lancer Rilliart, and Lancer Sportback Ralliart; and 2011 Outlander Sport vehicles. The affected vehicles, manufactured with 4B1 engines, have an engine pulley and belt arrangement for turning the alternator, the cooling fan and the power steering pump (if equipped). These pulleys may experience unusual wear and allow for belt detachment.
Campaign 14V562000
Service Brakes, Air · Supply · Check Valve
MITSUBISHI IS RECALLING 39,711 MY 2008-2009 OUTLANDER AND LACER VEHICLES. INCORRECT MATERIAL COMPOSITION OF THE BRAKE BOOSTER CHECK VALVE MAY CAUSE THE CHECK VALVE TO STICK CLOSED WHEN THE ENGINE IS SHUT OFF. WHEN THE VEHICLE IS RE-STARTED AND PUT INTO MOTION, UNDER CERTAIN DRIVING CONDITIONS (VERY SLOW VEHICLE MANEUVERS), THERE MAY BE INSUFFICIENT INITIAL BRAKING ASSIST.
Campaign 09V077000
Air Bags · Frontal · Sensor/control Module-inactive
MITSUBISHI IS RECALLING MODEL YEAR 2008-2009 LANCER AND LANCER EVOLUTION VEHICLES ORIGINALLY SOLD IN OR CURRENTLY REGISTERED IN THE STATES OF CONNECTICUT, DELAWARE, ILLINOIS, INDIANA, IOWA, KENTUCKY, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSOURI, NEW HAMPSHIRE, NEW JERSEY, NEW YORK, OHIO, PENNSYLVANIA, RHODE ISLAND, VERMONT, VIRGINIA, WEST VIRGINIA, WISCONSIN AND DISTRICT OF COLUMBIA. IN AREAS WHERE HEAVY ROAD SALT IS USED IN THE WINTER, A LONG TERM EXPOSURE TO A MIXTURE OF MELTED SNOW WITH SALT THROWN UP BY THE OTHER VEHICLES ON THE ROAD MAY CAUSE A WATER-SALT MIXTURE TO ADHERE TO THE FRONT IMPACT SENSORS.
Campaign 09V435000
Recall campaigns are manufacturer-issued and fixed free of charge. This is the US campaign set matched by year, make and model — it is not a check against a specific VIN, and Canadian campaigns may differ.