Mitsubishi Lancer Value in Singapore
65 used Mitsubishi Lancer listings tracked. Median asking price $27,800. See PARF rebate, depreciation per year, trade-in value benchmarks, and whether prices are rising or falling.
Price by Registration Year
| Year | Typical price | Depre/yr | Listings |
|---|---|---|---|
| PARF cars (under 10 years) | |||
| 2017 | $13,000 – $17,000 | ~$13,900/yr | 4 |
| COE-renewed carsPrices reflect remaining COE — a renewed 10-year COE can make an older car cost more than a newer one. | |||
| 2010 | $39,000 – $75,000 | ~$12,900/yr | 5 |
Asking prices from live listings, outliers removed. Updated 2026-09-22.
Dealers actively trading the Mitsubishi Lancer
These dealers currently list or recently sold this model — useful to know who actually wants your car before you collect trade-in quotes.
Cartell Pte Ltd Specialist
6 listed now · 3 sold in 30 days · $11,500 – $35,000
SG Car Choice Pte. Ltd.
4 sold in 30 days
Noorjahan Global Enterprise
1 listed now · 3 sold in 30 days · $30,900
United Motoring Pte Ltd
1 listed now · 2 sold in 30 days · $27,800
Car4mation Pte Ltd
1 listed now · 2 sold in 30 days · $31,000
88 Motor Trading
2 sold in 30 days
Based on 52 dealers we track on SGCarMart. Updated 2026-09-22.
PARF Rebate Schedule
The PARF rebate depends on when your car was registered. Singapore uses three schedules:
| Vehicle Age | Pre-Feb 2023 | Feb 2023-Jan 2026 | From Feb 2026 |
|---|---|---|---|
| 5 years | 75% | 75% (cap $60k) | 30% (cap $30k) |
| 6 years | 70% | 70% (cap $60k) | 25% (cap $30k) |
| 7 years | 65% | 65% (cap $60k) | 20% (cap $30k) |
| 8 years | 60% | 60% (cap $60k) | 15% (cap $30k) |
| 9 years | 55% | 55% (cap $60k) | 10% (cap $30k) |
| 10+ years | 50% | 50% (cap $60k) | 5% (cap $30k) |
COE rebate is prorated by remaining months out of 120. PARF drops in step function on exact registration anniversary.
Selling your Mitsubishi Lancer? PARF value and trade-in
If you're deregistering, your Mitsubishi Lancer's PARF value is a fixed percentage of the ARF you paid — the exact figure is shown on your OneMotoring vehicle details. If you're selling or trading in, that paper value is your floor: dealers price their offer from it, typically $2,000–$5,000 below the private-sale market. The current median asking price for a used Mitsubishi Lancer is $27,800. Check current COE prices too — rising premiums lift used values within weeks. Know both numbers before you collect a single quote. When you're ready, our step-by-step guide to selling to a dealer covers quotes, inspection and handover — or start with how much your car is actually worth.
Key Depreciation Factors
- Mileage — lower mileage cars command a premium; high mileage reduces value
- COE remaining — more months left means more residual value
- Service history — agent-maintained with full records adds value
- Market supply — more listings of the same model pushes prices down
- Condition — accident-free, original paint, no modifications
What's your Mitsubishi Lancer actually worth?
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