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2014 Mitsubishi Lancer

2014 Mitsubishi Lancer

Sedan
FWD
Regular Gasoline
Horsepower
MPG Combined
28 mpg
MSRP
Torque
Reliability Score
99/ 100Excellent
Based on 23 NHTSA complaints

Should You Buy a 2014 Mitsubishi Lancer?

The 2014 Mitsubishi Lancer is a compact sedan that offers a blend of performance and practicality. With a 2.4L I4 engine producing 168 horsepower and 167 lb-ft of torque, it provides a spirited driving experience, particularly for those who appreciate a manual transmission. The front-wheel-drive layout and a combined fuel economy of 26 MPG make it a sensible choice for daily commuting. Priced at an MSRP of $20,445, it positions itself as an affordable option in the compact sedan market, appealing to budget-conscious buyers seeking reliability and decent performance.

However, potential buyers should be aware of some concerns reflected in the NHTSA complaint data. While the Lancer boasts an impressive reliability score of 99.3/100, there have been 23 complaints, including 7 crash incidents and 4 fire incidents. The most frequently reported issues are related to the powertrain and airbags, which may warrant further investigation for those considering this vehicle.

Ideal For

The 2014 Mitsubishi Lancer is best suited for budget-conscious individuals or small families looking for a reliable, fun-to-drive sedan that offers practicality without breaking the bank.

Strengths

  • +High reliability score of 99.3/100
  • +Affordable MSRP of $20,445
  • +Manual transmission option for driving enthusiasts
  • +Decent fuel economy at 26 MPG combined
  • +Spacious seating for up to 5 passengers

Weaknesses

  • -Reported issues with powertrain and airbag components
  • -Limited rear visibility compared to competitors
  • -Less refined interior materials than some rivals
  • -Lower resale value in the compact sedan market
  • -Fewer advanced safety features compared to newer models

Known Issues (NHTSA Data)

The 2014 Mitsubishi Lancer has received a total of 23 complaints to the NHTSA, with notable issues in the powertrain and airbag systems. While the vehicle has a high reliability score, the presence of crash and fire incidents indicates that buyers should conduct thorough inspections and consider extended warranties. No significant NHTSA complaints on record regarding severe safety failures or widespread recalls.

Top Complaint Areas
POWER TRAIN26% of complaints
AIR BAGS22% of complaints
SUSPENSION9% of complaints
STRUCTURE:BODY9% of complaints
STEERING4% of complaints

Performance

Horsepower
Torque
Engine
2 L
Cylinders
I4
Transmission
Automatic (AV-S6)
Drive Type
FWD

Efficiency

MPG Combined
28
Fuel Type
Regular Gasoline

Dimensions

Length
179.9 in
Width
69.3 in
Height
58.7 in
Wheelbase
103.9 in
Curb Weight
2,954 lbs
Ground Clearance

Capacity

Doors
4
Seating
Cargo
Max Cargo
Max Towing
Max Payload

ddpc Estimated Value

$7,315
$6,218 – $8,412
Depreciation Over Time
New
5yr
10yr
12yr
15yr
ddpc Estimate based on original MSRP, standard depreciation curves, vehicle class, and NHTSA reliability data. Not a substitute for professional appraisal. Actual value depends on condition, mileage, location, and market conditions.

Estimated Cost of Ownership

Estimated Annual Cost
$3,633
Per Mile
$0.30
5-Year Total
$31,295
Fuel
$1,615/yr
Maintenance
$600/yr
Insurance
$1,418/yr
Depreciation
$2,626/yr
Based on industry-standard estimates for this vehicle class. Fuel cost assumes 12,000 mi/yr at national average gas prices. Maintenance uses class-based intervals, not manufacturer-specific schedules. Actual costs vary by location, driving habits, and vehicle condition.

Available Trims (10)

Lancer
FWD
Lancer
FWD
Lancer
FWD
Lancer
AWD
Lancer Sportback
ES 4dr Hatchback (2.0L 4cyl CVT) (5-speed manual)
148 hp
front wheel drive
$18,595
Lancer Sportback
GT 4dr Hatchback (2.4L 4cyl CVT) (5-speed manual)
168 hp
front wheel drive
$21,945
Lancer
FWD
Lancer AWD
AWD
Lancer Sportback
FWD
Lancer Sportback
FWD

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