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2005 Mitsubishi Lancer Cost Of Ownership

If you buy a used Sedan, you should expect to pay more than the usual retail pricing or a private-party price. The total cost of ownership of a 2005 Mitsubishi Lancer has other costs in addition to financing costs. These 2005 Mitsubishi Lancer ownership costs include insurance, depreciation, operating costs like fuel, maintenance and repair, and state registration fees. Select one of the options below to continue researching the subject.

2005 Lancer Ownership Costs

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	YEAR 1	YEAR 2	YEAR 3	YEAR 4	YEAR 5	5 YR TOTAL
Depreciation	$4,950	$1,304	$1,100	$1,256	$1,134	$9,744
Financing	$718	$575	$424	$264	$95	$2,076
Insurance	$1,272	$1,272	$1,272	$1,272	$1,272	$6,362
State Fees	$92	$63	$59	$53	$53	$321
Fuel	$901	$968	$1,041	$1,119	$1,203	$5,232
Maintenance	$59	$180	$325	$576	$375	$1,514
Repairs	N/A	N/A	N/A	N/A	$459	$459
Cost Per Year	$7,993	$4,363	$4,222	$4,540	$4,591	$25,708
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$23,695
Difference						-$2,013
Value Rating						Below Average