Manufacturer's Suggested Retail Price (MSRP), also known as "sticker" price, is a recommended selling price that automakers give a new car that is above the invoice price paid by the dealer. It is a price that does not include any options that can be added to a particular car style. When shown as a range, the prices are starting MSRPs, without options, for multiple styles for that model.
This price range reflects the Kelley Blue Book Suggested Retail value for all trim levels, but not necessarily all available options.
The Kelley Blue Book Suggested Retail value represents the amount an auto dealer might ask for a specific vehicle; the actual sale price will vary. A vehicle's popularity, condition, warranty, color and local market conditions are factors involved in determining a final price. The retail value is not a trade-in or private party value.
The Suggested Retail value assumes that the vehicle has been fully reconditioned and has a clean title history. The Suggested Retail value also allows for advertising, sales commissions, insurance and other costs of doing business as a dealer. Most vehicles offered at this price have passed an inspection, and some may carry a warranty. Vehicle mileage is assumed to be normal or below normal.
Best Bets get above-average mpg, class-average or better reliability, class-average or better crash-test ratings, and our recommendation.
Expert Reviews 2 of 6
By Mike Hanley
April 20, 2007
Vehicle Overview After sitting out the 2007 model year, Mitsubishi's compact sedan, the Lancer, returns as a redesigned model for 2008 and now shares its platform with the company's Outlander crossover SUV. Offered in DE, ES and range-topping GTS trim, Lancers hit dealerships in March 2007.
Exterior The year off was good for the Lancer, which has a much more aggressive appearance than its predecessor. A forward-leaning grille serves as a focal point for the front of the car. GTS styling differences include front and side ground effects, a rear spoiler and a different exhaust tip.
Lancers have a four-wheel-independent suspension with front and rear stabilizer bars; the GTS' sport suspension has larger-diameter stabilizer bars. The base DE comes with 16-inch steel wheels and wheel covers, while the ES has alloy wheels of the same diameter. GTS versions get 18-inch alloy rims.
Interior The five-seat Lancer's redesigned cabin has a more upscale appearance than the previous one and features an entirely new dashboard. The front bucket seats and rear bench are covered in cloth, and a 60/40-split folding rear seat comes in ES and GTS trims. There is 11.6 cubic feet of trunk space. A CD stereo is standard, and the GTS can have an optional Navigation and Technology Package that includes a 7.5-inch screen, 30GB hard drive and Mitsubishi's FAST Key keyless-entry system.
Air conditioning does not come standard in the base Lancer.
Under the Hood All Lancers are powered by a 2.0-liter four-cylinder engine that makes 152 horsepower (143 hp in California). The engine drives the front wheels through a five-speed manual transmission or a continuously variable automatic transmission. GTS models with the CVT have Sportronic, which lets the driver control the transmission's behavior.
EPA-estimated gas mileage is 21/29 mpg (city/highway) for the manual transmission and 22/29 mpg for the CVT. These estimates have been determined using a new process that applies starting with 2008 models.
Safety Standard safety features include side-impact airbags for the front seats, side curtain airbags and a knee airbag for the driver. Antilock brakes are optional on the DE and standard on ES and GTS models.
Expert Reviews 2 of 6
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