Around $17,000 to $20,000 for a new one – that’s how much is a Mitsubishi Mirage on average. The exact price you pay depends on the trim level you pick and any extra features you add at the dealership.
This little car is known for being one of the cheapest new cars you can buy. It gets you from point A to point B without a lot of fuss. People who buy it often want simple, cheap transportation above all else.
You might see a lot of different numbers online. This guide will break down all the costs so you know what to expect. We will look at new prices, used prices, and the costs of owning it over time.
What Is the Starting Price for a New Mitsubishi Mirage?
Let’s talk about the base price first. This is the number you see in ads before any fees are added.
For the latest model year, the starting price is usually under $17,000. This is for the most basic ES trim with a manual transmission. It comes with air conditioning and a basic radio, but not much else.
This low starting point is a big part of the car’s appeal. It makes new car ownership possible for people on a tight budget. You are getting a brand new vehicle with a full warranty for a very low cost.
When you ask how much is a Mitsubishi Mirage, this base price is the answer many people want. It’s the headline number that draws people in to learn more. It is important to remember this is just the beginning of the conversation.
Very few people actually buy the absolute base model. Most cars on dealer lots have an automatic transmission and maybe a few options. This moves the price up a couple thousand dollars right away.
How Much Is a Mitsubishi Mirage for Different Trim Levels?
The Mirage usually comes in two or three main trim levels. Each one adds more features and, of course, more cost.
The ES is the entry level. Next is often the LE or SE trim. The top level might be called the GT or SEL. The names can change a bit from year to year.
Moving up to the LE trim adds things like power windows and door locks. You might get cruise control and upgraded wheel covers. The jump in price from ES to LE is often around $1,500 to $2,000.
The top trim adds things like a touchscreen, Apple CarPlay, and Android Auto. It might have different seat materials and more speakers. This can push the price close to or even over the $20,000 mark.
So, how much is a Mitsubishi Mirage in a higher trim? You are looking at a price that starts with a nineteen or twenty. It’s still cheap for a new car, but it’s not the ultra-bargain base price anymore.
You have to decide what features you really need. The value is in the base model. The higher trims compete with used cars that offer more for similar money.
What Fees Add to the Mitsubishi Mirage Price?
The sticker price is not the “out-the-door” price. Several fees get added on before you drive away.
Every state has a destination charge. This fee pays to ship the car from the factory to the dealer. For the Mirage, this is often around $1,000.
Then you have the dealer documentation fee. This covers the cost of processing your paperwork. The amount varies by state and by dealer, but it can be a few hundred dollars.
You also must pay your state’s sales tax and vehicle registration fees. These are not set by the dealer but by your local government. They can add a significant percentage to the total cost.
When figuring out how much is a Mitsubishi Mirage truly going to cost, you must include all these fees. A car with a $17,595 sticker price can easily be over $19,500 after fees and tax. Always ask the dealer for an “out-the-door” price in writing.
Some dealers might also add unwanted extras like paint protection or nitrogen in the tires. You can and should say no to these add-ons. They inflate the price without giving you real value.
How Much Is a Used Mitsubishi Mirage?
The used market is where the Mirage’s value story gets interesting. These cars lose value, or depreciate, quite quickly.
You can find a two or three year old Mirage for thousands less than a new one. A model that is four or five years old can cost half of its original price. This makes it a tempting used car buy.
According to the EPA, the Mirage has excellent fuel economy. This is a big selling point that holds some value over time. People looking for a cheap commuter car will seek it out.
When looking at a used Mirage, check its maintenance history carefully. A well-cared-for example can be a reliable buy. One that missed oil changes might have problems, as with any car.
So, how much is a Mitsubishi Mirage that’s a few years old? For a 2020 model, you might pay between $10,000 and $13,000. A 2017 model could be under $9,000. The price drops fast in the first few years.
This fast depreciation is bad if you buy new and sell quickly. But it’s great if you are buying used. You get a lot of car for very little money.
What Does It Cost to Own a Mitsubishi Mirage?
The purchase price is just one part of the story. The cost to own the car over five years is the real number to know.
Insurance is usually cheap for the Mirage. It’s not a fast or expensive car, so repair costs are low. This keeps insurance premiums down for most drivers.
Fuel costs are a major win. The Mirage gets some of the best gas mileage of any non-hybrid car. You will spend very little money at the pump compared to larger vehicles.
Maintenance is also affordable. The parts are simple and not expensive. According to NHTSA, following the maintenance schedule is key for any vehicle’s longevity.
When you calculate how much is a Mitsubishi Mirage going to cost you per year, include gas, insurance, and maintenance. The total can be very low, which is the car’s biggest strength. It is cheap to keep on the road.
Depreciation is the biggest cost, especially if you buy new. You will lose more value in dollars than you spend on gas. Buying used avoids this huge initial drop.
How Does the Mirage Price Compare to Other Cars?
To understand the Mirage’s price, you need to see what else you can buy for similar money.
New, the Mirage competes with cars like the Nissan Versa and the Kia Rio. These cars often start a bit higher but feel more substantial. They might be worth the extra two or three thousand dollars to many buyers.
Used, the Mirage competes with a huge range of vehicles. For $12,000, you could get a used Mirage or a used Honda Civic with more space and power. The Civic will likely hold its value better over time.
The question of how much is a Mitsubishi Mirage is really a question of priorities. If your only goal is the lowest possible new car price, the Mirage wins. If you want more features or a nicer driving experience, other cars win.
It also competes with certified pre-owned cars. For the price of a new Mirage, you could get a CPO sedan from a more popular brand. This is a tough comparison for the Mirage.
The Fuel Economy website shows the Mirage’s MPG is a key advantage. This can save you money every week compared to an older used car with worse mileage.
What Are Common Dealer Discounts on the Mirage?
Mitsubishi dealers often have incentives to move these cars. You can frequently pay less than the sticker price.
Look for cash rebates from the manufacturer. These are direct discounts applied at purchase. They might be $500, $1,000, or even more during sales events.
Some offers are for low-interest financing. This can save you money if you need to take out a loan. A lower interest rate means you pay less over the life of the loan.
Special offers for recent graduates or members of the military are also common. Always ask the dealer if you qualify for any special programs. It never hurts to ask.
When negotiating how much is a Mitsubishi Mirage going to cost you, start with the dealer’s internet price. This price is often lower than the price on the window sticker. Use online tools to see what others in your area are paying.
Be ready to walk away if the deal isn’t right. There are plenty of Mirages available, and dealers want to sell them. Patience can get you a better price.
Is the Mitsubishi Mirage a Good Value for the Price?
This is the big question. Does the low price make up for the car’s shortcomings?
If you need basic, cheap, new transportation, the answer is yes. You get a new car warranty and great gas mileage. You don’t get much power or a quiet ride, but you save money upfront.
The value is strongest in the base model. Once you move up in trim, other cars become more appealing. A higher-trim Mirage costs as much as a better-equipped used car from a stronger brand.
According to the FTC, understanding the full cost of a purchase is crucial. For the Mirage, the full cost of ownership is low, which adds to its value proposition.
When you think about how much is a Mitsubishi Mirage, also think about how long you plan to keep it. If you keep it for ten years, the low purchase price and low running costs make great sense. If you trade it in after three years, the high depreciation will hurt.
For city driving and short commutes, it’s a sensible choice. For highway driving or long trips, most people will want something more comfortable. The value depends entirely on your personal needs.
What Hidden Costs Should I Watch For?
Beyond the obvious price, a few costs can sneak up on Mirage owners.
The tires are a specific size. They can be hard to find and might cost more than you expect when it’s time to replace them. Check tire prices before you buy.
The car has a very small engine. This is great for gas mileage. But it has to work hard on highways, which could lead to more frequent maintenance over many years.
Resale value is a hidden cost if you sell. You will get less money back than with a Honda or Toyota. This is a cost you pay when you decide to move on from the car.
As you finalize how much is a Mitsubishi Mirage for you, factor in these long-term items. The initial savings might be spent later on tires or a lower trade-in value. It’s all part of the math.
Getting an extended warranty might not be worth it. The car is already cheap to fix. A warranty could add a cost that you never get back in repairs.
Frequently Asked Questions
How much is a Mitsubishi Mirage brand new?
A new Mitsubishi Mirage starts around $17,000. With an automatic transmission and a mid-level trim, expect to pay about $19,000 before fees and taxes.
How much is a Mitsubishi Mirage G4 sedan?
The Mirage G4 sedan usually costs about $1,000 to $1,500 more than the hatchback. It starts around $18,000 and goes up from there for higher trim levels.
Is the Mitsubishi Mirage a reliable car?
It has a simple design which often means fewer things can break. It doesn’t top reliability charts, but it is generally considered decently reliable for basic use.
How much is a Mitsubishi Mirage to insure?
Insurance is typically very affordable. It often falls in one of the lowest insurance groups because it’s cheap to repair and not a high-theft target.
How much is a Mitsubishi Mirage worth after 5 years?
It loses value quickly. After five years, it might be worth only 35-40% of its original price. This is a key factor when deciding to buy new or used.
What is the gas mileage for a Mitsubishi Mirage?
It gets excellent gas mileage, often around 36 MPG in the city and 43 MPG on the highway. This is according to official EPA estimates.
Conclusion
So, how much is a Mitsubishi Mirage? The short answer is
Tony Kilmer is an auto mechanic and the author behind CarTruckAdvisor.com. He shares practical, no-nonsense guidance on car and truck maintenance, common problems, and repair decisions—helping drivers understand what’s going on and what to do next.
