Mitsubishi Lancer Value in Singapore

72 used Mitsubishi Lancer listings tracked. Median asking price $22,800. 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 – $22,000~$12,900/yr17
COE-renewed carsPrices reflect remaining COE — a renewed 10-year COE can make an older car cost more than a newer one.
2017$35,000 – $94,000~$11,300/yr3
2010$59,500 – $60,000~$15,900/yr3

Asking prices from live listings, outliers removed. Updated 2026-07-03.

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

5 listed now · 1 sold in 30 days · $24,000 – $35,000

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Precise Auto Trading Pte Ltd

4 listed now · $13,900 – $39,900

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First Motoring Pte Ltd

2 listed now · 1 sold in 30 days · $12,500 – $20,500

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Noorjahan Global Enterprise

2 sold in 30 days

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MY Autohaus Pte Ltd

3 listed now · $22,000 – $53,500

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Susis Motors * Credit Pte Ltd

3 listed now · $19,800 – $25,888

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Based on 64 dealers we track on SGCarMart. Updated 2026-07-03.

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 years75%75% (cap $60k)30% (cap $30k)
6 years70%70% (cap $60k)25% (cap $30k)
7 years65%65% (cap $60k)20% (cap $30k)
8 years60%60% (cap $60k)15% (cap $30k)
9 years55%55% (cap $60k)10% (cap $30k)
10+ years50%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 $22,800. 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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