Learn about the Mitsubishi Lancer compact car. See the engine specifications, gas mileage, price, and MSRP. Research Mitsubishi GT warranty features and Mitsubishi Finance lending options.
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Home » Vehicles » 2016 Mitsubishi Lancer GT 4 Door Sedan 2.4L 4-Cylinder 5M
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About the 2016 Mitsubishi Lancer sedan
The 2016 Mitsubishi Lancer is made under the Mitsubishi car brand name. It is categorized as a compact car and comes with a sedan body. This 4 door sedan has front wheel drive with a 5-speed manual transmission. The Mitsubishi Lancer is primarily imported from Japan. The Mitsubishi automotive line is a subsidiary car producer held by Renault-Nissan-Mitsubishi Alliance.
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The Mitsubishi Lancer can be found in various trim levels and featured packages such as the 2016 Mitsubishi Lancer GT 4 Door Sedan (2.4L 4-Cylinder 5M). This variation of the Lancer sedan features the GT 4 door sedan with a 2.4L 4-cylinder 5M on the Mitsubishi Lancer vehicle chassis. The Lancer GT trim can integrate vehicle upgrade packages depending upon the origin of the motor vehicle and the production generation.
Mitsubishi Lancer GT Pricing and MSRP
Are you excited to buy a 2016 Mitsubishi Lancer GT? The recommended MSRP is listed at $22,495 and used vehicle Kelly Blue Book market prices are typically lower. Used vehicle quotes depend upon the year, make, configuration, and features. Mitsubishi Lancer sale prices can increase outside of these price ranges because of things like increased consumer demand, limited availability, and auto industry shortages. For example in 2021, SUV, truck, and car appraisals and correlated auto equity increased due to global semiconductor chip shortages and supply chain inhibitions. This situation brought about pressure on the car marketplace with older used vehicle quotes catching up with the highs formerly just seen by new car sales.
MSRP: $22,495
Trim & Style: GT 4 door sedan with a 2.4L 4-cylinder 5M
Lancer GT Performance Specs and Engine
The performance specifications and capabilities of your vehicle’s engine matter a lot. As an example, if you are pulling a load or open-air trailer with a truck. The efficiency, specifications and abilities of your engine towing package matters a lot. If you are taking your sports car out for a track day, your quarter mile time, horsepower, and engine can produce more bragging rights. On the other hand, if you are shopping for a sedan to drive to work as an everyday driver, you may not even care what is under the hood as long as it is trustworthy and the engine runs well.
Mitsubishi Automobile Data Table
The 2016 Mitsubishi Lancer may include numerous different performance packages and engine choices. This specific Mitsubishi automobile is set up with the 2.4 gas engine with a front wheel drive drivetrain.
Engine: 2.4L 4-cylinder 5M
Horsepower: 168
Doors: 4 door
Transmission: 5-speed manual
Drive Type: front wheel drive
Fuel: gas
MSRP: $22,495
Manufactured: Japan
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Gas Mileage
Being aware of gas mileage and fuel economy are very important elements when it comes to purchasing a Mitsubishi Lancer. The total expense of the vehicle includes much more than the manufacturer’s suggested retail price and includes the fuel expense. This is normally the next most expensive element when it comes to automobile ownership. The next most costly factor is heeding the advised manufacturer’s service schedule and handling preventive upkeep.
The U.S. Environmental Protection Agency or EPA provides estimates around vehicle gas mileage (MPG) and how many miles an automobile can proficiently drive per a gallon of fuel consumed on city streets and on the highway. MPG depends on Mitsubishi Lancer engine type, efficiency, operation altitude, and other things like aftermarket modifications, but it supplies a good standard for fuel usage.
For the 2016 Mitsubishi Lancer, the EPA predicts around 22/31 MPG for operating the vehicle on city streets and while driving on the highway. These MPG values are different because city driving involves traversing local streets, stopping at stop lights, pausing at stop signs, waiting at crosswalks for pedestrians, and other things which call for the Mitsubishi Lancer to stop and start more frequently. On the highway, the Mitsubishi Lancer’s engine and fuel performance are extended, attaining a greater MPG score.
MPG Comparisons
Are you thinking about comparing automobile MPGs? Check out how your current car or truck compares to the fuel efficiency of the 2016 Mitsubishi Lancer. This could be a significant factor in your car buying process. Use the gas mileage comparison calculator shown below to see how many more miles you could drive and fuel prices. Can you save cash by driving this Mitsubishi Lancer or will it cost you more?
Financing your 2016 Mitsubishi Lancer sedan can be a great way to own the vehicle you want while paying off the cost over the course of many months by making regular monthly payments. Car buyers begin the car shopping process by identifying the vehicle model they prefer to get. Next, consider the monetary aspect of the new car and the amount you will need to get to finance the vehicle by calculating the difference between the cost of your brand-new Mitsubishi Lancer and the values of your down payment and any trade-in credit from your old car or truck.
This will give you the amount you need to finance your 2016 Mitsubishi Lancer. Get in touch with different lenders to see quoted financing offers. These offers will be based on your credit scores, customer profile, and credit history. It is great to compare funding rates from a number of loan providers (examining deals with 3-4 lenders is good). Doubling examining the completing offers will assist you get the best funding offer possible on your Mitsubishi car.
To finish off your Lancer financing process, you need to do several things including having a qualifying credit history, meeting loan provider prerequisites, and meeting vehicle financing criteria. Try to have a credit score of over 600 (nonprime category) when financing a newer model motor vehicle. Credit scores in the 500s (subprime group) may be acceptable for slightly older used automobile financing. Improving your credit score is important since your score can immediately impact your presented rate of interest throughout the financing process.
Other lender requirements involve making a specific level of income each month and meeting residency criteria by living in a region the lending institution services. In the non-prime credit bracket of 601 to 660 ratings, loan providers might require a month-to-month earnings of $1,600 to $2,000. Subprime loan providers in the 501 to 600 credit history normally have similar requirements. Finally your vehicle needs to satisfy basic vehicle financing requirements like being newer than 10 years old and having no more than 100,000 miles with positive vehicle equity.
Mitsubishi Lancer Refinancing
Refinance your Mitsubishi Lancer GT sedan. Learn how you can save money by adjusting your current loan.
Find Mitsubishi Lancer Insurance
Learn about insurance and see coverage options for your Mitsubishi Lancer. Bundling your insurance can save you money.
About Mitsubishi Finance
Mitsubishi Finance is Mitsubishi’s internal financing services branch. If you are thinking about purchasing a more recent car or truck from a brand dealership, they supply a few funding choices through their internal finance services branch. The benefits and offers can consist of financing deals like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based on the amount of down payment). Mitsubishi Finance can even provide leasing offers and incentives like 10,500 yearly miles for 39 months with a set dollar amount due at signing.
Finding Lending Options for Your Lancer GT
It is important to be aware of how much you can afford to allocate towards your new 2016 Mitsubishi Lancer. This is very important not just for vehicle budgeting when keeping track of your personal expenses but also for comparing finance deals from different lending institutions. Checking loan rates and terms with a finance calculator is among the most convenient methods to quickly see your estimated motor vehicle payment.
What is the Monthly Car Payment to Buy a Mitsubishi Lancer GT?
Are you wondering how much it would be to take out a motor vehicle loan on a 2016 Mitsubishi Lancer? Here is some info you can use to kick off your research! The best answer to your auto payment question depends on a couple of calculations. The monthly vehicle payment on a Mitsubishi Lancer GT depends upon your down payment amount, vehicle loan APR or interest rate, loan term, credit rating, trade in-value, and various factors. Details like the sales tax on the Lancer GT also must be taken into account. Given that the manufacturer’s suggested retail price or MSRP is $22,495, a typical car payment for a new Lancer might be near $326.05.
This can be approximated by utilizing the MSRP minus a 10% down payment with a car loan interest rate of 5% over a term of 48 months. Keep in mind it does not take into account crucial info like sales tax. Simply use this information for your research. Remember this payment is what it might cost if you bought the 2016 Mitsubishi Lancer “new” based upon the MSRP. With used vehicles, there is a significant chance the monthly automobile payment will be dramatically different. You can check alternative estimates with varying numbers and percentages by using a car financing calculator.
Estimated Monthly Payment
$326.05
Involved Payment Factors
MSRP: $22,495 Down Payment: 10% (estimated payment) Loan Interest Rate: 5% (average rate) Car Loan Term: 72 months (varies by offer)
Note: This estimated payment does not include other factors and costs like sales tax which would normally be included in actual payment estimate.
Info About 2016 Mitsubishi Lancer Refinancing
Refinancing your Mitsubishi Lancer is also an option to look at after you have made a few of your preliminary monthly auto payments. The original lending institutions you initially funded through typically have rewards and promotions which lapse or are front-weighted. Unique deals like cash back rebates and 0% APR financing discounts might begin losing their efficiency or worth after 6 to 12 vehicle payments.
Carefully review the terms and conditions of your finance paperwork to better understand when refinancing is an excellent choice to take action on. Refinancing gives you the power to take out a new loan on your vehicle debt with a brand-new lender efficiently replacing your car loan’s term and APR. If your economic circumstance has changed since you bought your Mitsubishi Lancer or if your original term and APR are no longer useful to you, consider refinancing. You can typically save money on your regular monthly motor vehicle payments by refinancing your vehicle loan.
Mitsubishi Lancer Vehile Insurance Plans
Maintaining auto insurance coverage insurance for your Mitsubishi Lancer is a must have. Choosing the right insurance plan and coverage for you can help pay for costs related to car crashes, automobile theft, and other damage to your car, truck, or SUV. Not only will your insurance policy assist you in repairing the damage from an automotive collision or striking an object, but holding valid insurance is usually a legal necessity to drive on public roads in many states and counties in the United States. The best automobile insurance plans and associated coverage are often comprehensive collision coverage which helps you repair crash-related damage to your Mitsubishi sedan and cover non accident-related damage from other situations things like inclement weather, storms, wildland fires, vandalism, and animal strikes in addition to motor vehicle crashes. Your insurance policy can also help you fix the 2.4L engine in your sedan together with other mechanical components. The amount you pay for the coverage can change and is typically based on the year of your car. If you drive the 2016 GT, this will be factored into your regular monthly insurance payments. Discover more about insurance and protect your Mitsubishi Lancer GT 4 door sedan with a 2.4L 4-cylinder 5M.
Find Out Where to Buy a Mitsubishi Lancer GT
Searching for the best motor vehicle can be hard. When it comes time to purchase a car, there are a lot of things to contemplate. For instance, you must find the right make and model that matches your needs together with handling a car or truck payment that suits your budget plan. There are a lot of alternatives available for looking at used and new car stock, so it could be difficult to recognize where to begin your motor vehicle purchasing journey. Carvana is one of the best dealers to start purchasing a vehicle. Their big inventory, financing choices, and trade-in policies can help you quickly exchange the car you have now for another one you prefer to drive. Find out how to buy a car with Carvana.
When it comes to getting the best care for your brand-new vehicle, we often think of branded factory warranties. These factory manufacturer’s warranties include traditional coverages like a restricted 3 year duration or 36,000 mile bumper-to-bumper guarantee and a 5 year or 60,000 mile powertrain guarantee. These annual durations begin with the original sale date to the initial car or truck’s owner.
Additional factory auto warranties are usually available based on the car’s engine type. New vehicles with diesel engines can come with a factory 5 year or 100,000 mile powertrain service warranty. Hybrid motor vehicles and electric powered vehicles (EVs) often have unique protection like a 8 year or 100,000 mile warranty.
There are also extended car or vehicle service plans (VSPs), Certified pre-owned (CPO) protection, and extra service warranty coverage options available beyond the auto maker’s factory plans. VSPs offer routine maintenance service programs with supplemental protection for components in the event that your automobile has an explosive mechanical breakdown. When purchasing a used automobile, these are excellent alternatives to think about.
CPO warranties often add coverage for extra years with a time and mileage limitation like 2 years or 80,000 miles on the vehicle. Cars, trucks, and SUVs that are sold with CPO statuses receive an extensive pre-owned assessment by certified technicians which includes additional warranty years. CPO cars typically have price points more than similar used vehicles but can be worth it for coming with peace of mind that the car you are purchasing is mechanically solid.
Other coverage choices consist of prepaid vehicle upkeep programs from vehicle dealers. These plans protect the parts, services, and labor that are part of the recommended manufacturer’s routine maintenance schedule. You can find these checks and associated mileages listed in the automobile owner’s manual.
Information Regarding Lancer Warranty Details
Factory Warranty: A factory warranty is what you might think of when it comes to the basic concept of an “automobile warranty”. These types of service warranties most frequently come with brand-new vehicles and are one of the most convenient and most cost effective ways to safeguard your car – warranty wise considering that the brand-new vehicle may cost more than a used one leading to you spending more money.
Drivetrain Warranty: A drivetrain service warranty covers the parts, parts, and systems which move or “drive” the motor vehicle forward. A drivetrain warranty is also another term for a powertrain service warranty and may cover comparable parts depending on the manufacturer’s descriptions and service warranty terms.
Roadside Warranty: A roadside service warranty assists you when you are stranded or are broken down on the road. This service warranty for the Mitsubishi Lancer GT includes basic help services such as towing, blowout fixing or replacement, dead battery aid and jumpstarts, lockout support, fluid and fuel transport and delivery, and other related services. A roadside service warranty resembles roadside assistance, but it is included with the new car from the automaker and not an add-on item through insurance policies or a vehicle service contract or VSC.
Rust & Corrosion Warranty: A rust and corrosion warranty helps to defend the body, materials, and frame of the motor vehicle. Automakers include this anti-corrosion warranty with new automobiles to help repair damage caused by caustic liquids, substances, and materials.
Mitsubishi Lancer Factory Warranty Coverage
Factory Warranty: 5 years / 60,000 miles
Drive Train Warranty: 10 years / 100,000 miles
Roadside Warranty: 5 years / unlimited miles
Rust & Corrosion Warranty: 7 years / 100,000 miles
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Mitsubishi Lancer GT Details
In order to create interest in a wider variety of car drivers who are interested in the 2016 Mitsubishi Lancer GT, a few different trim levels are provided. Practically all automotive makers provide a variety of alternatives for their vehicles. This includes Renault-Nissan-Mitsubishi Alliance who makes the Lancer model. These options can consist of factors like assorted paint colors, wheel dimensions, or bundles that consist of elements like a sunroof or entertainment system. Providing these alternatives enables makers to attract different kinds of car shoppers as well as helps them to sell even more automobiles.
These options enable customers to select a vehicle which fulfills their desires plus can include various functions that they might desire in their car. Some automobile producers may provide things like a variety of different engines, trim lines, and performance or sport packages to pick from, while others might offer different exterior colors or interior trim levels. The alternatives that are offered are going to vary between car manufacturers, makes, and models, so do your research when you are shopping for a car with particular traits like heated seats or 3rd occupant seats.
By making the effort to research the different alternatives that are readily available, you, as the customer, can ensure that you are getting precisely what you want in your new vehicle. This sedan by Lancer comes equipped from the auto producer with a number of standard setups and options. They include options like the four-wheel independent suspension, front and rear stabilizer bar,4-way manual passenger seat adjustment, 6-way manual driver seat adjustments, bucket front seats, height adjustable driver seat, leather, multi-level heating driver seat, multi-level heating passenger seat,folding center armrest, rear ventilation ducts, split-folding rear seatback,1 one-touch power windows, hands-free entry, heated mirrors,clock, external temperature display, tachometer, trip computer,cruise control, front and rear cupholders, front door pockets, front seatback storage, keyless ignition, power steering, rear view camera, tilt-adjustable steering wheel, audio and cruise controls on steering wheel,electrochromatic inside rearview mirror, interior air filtration, leather and simulated alloy steering wheel, turn signal in mirrors, climate control,1 subwoofer(s), 3 months of provided satellite radio service, 710 watts stereo output, 9 total speakers, Rockford Fosgate premium brand stereo system, USB connection, auxiliary audio input, satellite radio satellite radio, speed sensitive volume control, surround audio surround audio (discrete), AM/FM stereo,one-touch power sunroof, power glass sunroof, rear defogger, variable intermittent rain sensing wipers,rear spoiler,alloy wheels, inside mounted spare tire, temporary spare tire, 18 x 7.5 inch wheels, all season tires, P215/45R18 tires,2 front headrests, 3 rear headrests, auto delay off headlamps, child seat anchors, daytime running lights, dual front side-mounted airbags, dusk sensing headlamps, engine immobilizer, front and rear head airbags, front fog/driving lights, remote anti-theft alarm system, stability control, tire pressure monitoring, traction control, 4-wheel ABS, emergency braking assist, passenger airbag occupant sensing deactivation, rear center 3-point belt, rear door child safety locks, rear height adjustable headrests, turn signal mirrors, ventilated front disc/solid rear disc brakes, accessory rear park assist sensors,LED Illumination Package, Popular Equipment Package, Interior Package, Chrome Package, Navigation System Package,Accessory Wheel Locks, Accessory LED Fog Lights,Accessory All Weather Floor Mats-Front, and other typical components.
Mitsubishi Lancer Frequently Asked Questions
Have questions about the Mitsubishi Lancer GT? Get answers to frequently asked FAQs. It is crucial to know what you are getting into with your vehicle purchase and research the specific details. Check out the vehicle specs and understand how the car payment on an automobile can affect your budget and finances. These FAQs can help you understand the capabilities of the vehicle along with MPGs, weight, horsepower, and engine capabilities.
What is a Mitsubishi Lancer GT?
The Mitsubishi Lancer is a vehicle line produced by Renault-Nissan-Mitsubishi Alliance. The GT is a specific package of the Mitsubishi Lancer lineup. The vehicle is categorized as a compact car.
How much does a Mitsubishi Lancer GT cost?
The Mitsubishi Lancer GT costs around $22,495.
What is the car payment to buy a Mitsubishi Lancer GT?
The monthly car payment on a Mitsubishi Lancer GT depends on your down payment, car loan interest rate, term, credit score, trade in-value, and other factors. Things like sales tax on the Lancer GT also need to be considered. Since the MSRP is $22,495, the average car payment for a new Lancer could be around $326.05. This can be estimated by using the MSRP minus a 10% down payment with a car loan interest rate of 5% over a term of 48 months. Keep in mind these factors will vary depending on your qualifying loan rates and lending offers. You can check additional estimates with varying numbers by using a car payment calculator.
Can I lease a Mitsubishi Lancer GT?
You may be able to lease a Mitsubishi Lancer GT through an auto loan lender or financial institution.
Can I refinance my Mitsubishi Lancer GT?
You may be able to refinance your Mitsubishi Lancer GT depending on your credit score and financial situation. To learn more about lenders who offer vehicle refinancing and car loans, check out the best auto refinance companies.
Where can I buy a Mitsubishi Lancer GT?
Try searching car dealers like Carvana for a Mitsubishi Lancer GT. They often have good deals on recent vehicles and may also have a similar Mitsubishi Lancer in their inventory.
How far does the Mitsubishi Lancer GT go on a single tank of gas?
The Mitsubishi Lancer GT can usually travel around 341.0/480.5 miles miles on a full tank of gas. This range is dependent on driving conditions, vehicle maintenance, and other roadway factors.
Does the Mitsubishi Lancer have good gas mileage?
Mitsubishi Lancer gets an EPA estimated 22/31 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 25 MPG. Understanding if this is a good gas mileage depends on what you are comparing the vehicle to. You can use our Gas Mileage Comparison calculator to see MPG estimates between vehicles with different MPG ratings along with destinations.
What kind of gas mileage does the Mitsubishi Lancer get?
The Mitsubishi Lancer gets 22/31 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 25.
What type of gas does a Mitsubishi Lancer use?
The Mitsubishi Lancer uses the regular unleaded fuel type.
How much gas does the Mitsubishi Lancer gas tank hold?
The gas tank in the Mitsubishi Lancer holds 15.5 gallons of gas.
What type of vehicle is the Mitsubishi Lancer GT?
The Mitsubishi Lancer with the GT package is a compact car.
What is the towing capacity of a Mitsubishi Lancer?
The Mitsubishi Lancer has a towing capacity of pounds.
How much horsepower does a Mitsubishi Lancer have?
The Mitsubishi Lancer has a horsepower rating of 168HP.
What kind of engine does a Mitsubishi Lancer GT have?
The Mitsubishi Lancer GT comes with a 2.4L 4-cylinder 5-speed manual engine.
What type of drivetrain does a Mitsubishi Lancer GT have?
The Mitsubishi Lancer GT features a front wheel drive drivetrain.
What kind of transmission does a Mitsubishi Lancer come with?
The Mitsubishi Lancer GT comes with a 5-speed manual transmission.
Where is the Mitsubishi Lancer made?
The Mitsubishi Lancer GT is made in the Japan by Renault-Nissan-Mitsubishi Alliance.
Is the Mitsubishi Lancer domestic or imported?
The Mitsubishi Lancer is a imported vehicle.
What car company makes the Mitsubishi Lancer GT?
The Renault-Nissan-Mitsubishi Alliance is the auto manufacturer which produces the Mitsubishi Lancer GT.
How much does a Mitsubishi Lancer weigh?
The Mitsubishi Lancer GT has a gross vehicle weight of 4,079 pounds and a curb weight of 2,977 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Mitsubishi Lancer come with?
The Mitsubishi Lancer GT can come with a few warranties from the manufacturer including a 10 years / 100,000 miles drivetrain warranty, a 5 years / unlimited miles roadside warranty, a 7 years / 100,000 miles anti-rust warranty, and a maintenance program.
