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

The 2014 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.
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.
Each dot is a live listing — price by mileage, with the market trend line. Click any dot to view it. Showing 5 of 34.
Days on market across 5 listings — most sell in about 42 days (typical range 34–47). The longer a car sits, the more room to negotiate.
The view no marketplace shows you
Typical payment
$106/mo $35
Typical asking price
$5,993 $2,002
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
13368807 CANADA INC.
Brampton, ON · 1 in stock
1513600 ONTARIO LTD.
Mississauga, ON · 1 in stock
ALBERT JANAQI
Toronto, ON · 1 in stock
AUTO DEPOT INC
Greater Sudbury, ON · 1 in stock
1000710760 ONTARIO INC.
Brampton, ON · 1 in stock
Owner-reported problems and open safety recalls
Most-reported problems
Across 23 owner complaints filed on the 2014 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
The recall database didn’t respond just now — check back shortly.
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.