The Lancer ES is the most popular model due to its competitive pricing and generous amount of standard equipment. It comes standard with a 120 hp 2.0-liter four-cylinder engine with a five-speed manual gearbox, but a four-speed automatic is available. The O-Z Rally wears sporty body work inspired by the Lancer WRC race cars, including bumper extensions front and rear, and side skirts. White-faced gauges and a cockpit trimmed in black with plastic panels that resemble brushed aluminum give the interior a racy look. A 120 hp 2.0-liter four-cylinder engine with a five-speed manual is standard, a four-speed automatic is optional. The Ralliart sedan is powered by a 162 hp 2.4-liter four-cylinder engine with MIVEC variable valve timing. It comes standard with a five-speed manual with a short-throw shifter identical to the one used in the Lancer Evolution. However, it can also can be equipped with a four-speed automatic. The Ralliart setup includes four-wheel disc brakes with ABS and EBD, a sport-tuned suspension with stiffer shocks to reduce body roll in corners, a more responsive steering gear, freer-flowing exhaust and 16-inch alloy wheels with all-season performance tires.
For 2006, the Mitsubishi Lancer gets minimal interior and exterior enhancements.