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2008 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 2008 Mitsubishi Lancer has other costs in addition to financing costs. These 2008 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.

2008 Lancer Ownership Costs

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	YEAR 1	YEAR 2	YEAR 3	YEAR 4	YEAR 5	5 YR TOTAL
Depreciation	$3,262	$1,180	$1,004	$1,139	$1,130	$7,715
Financing	$783	$628	$466	$290	$106	$2,273
Insurance	$1,136	$1,136	$1,136	$1,136	$1,136	$5,682
State Fees	$84	$55	$55	$51	$52	$297
Fuel	$1,562	$1,715	$1,883	$2,067	$2,269	$9,496
Maintenance	$59	$179	$322	$651	$382	$1,594
Repairs	N/A	N/A	N/A	N/A	$136	$136
Cost Per Year	$6,886	$4,893	$4,866	$5,335	$5,212	$27,193
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$26,294
Difference						-$898
Value Rating						Average