Why Are Mitsubishi Mirage So Cheap? Let’s Find Out

Why Are Mitsubishi Mirage So Cheap – In a world where sleek sports cars and luxurious vehicles steal the spotlight, there remains a steadfast demand for affordable, no-frills automobiles. The era of the budget-friendly Geo Metros and Ford Festivas might have faded, but the spirit of these economical, fuel-efficient cars endures in the form of the Mitsubishi Mirage.

For those seeking a wallet-friendly ride, the Mitsubishi Mirage stands as one of the most economically accessible options on the market today.

This raises an intriguing question: Why is it so remarkably affordable?

Priced at a fraction of the average cost of a used car, it beckons prospective buyers with its budget-friendly allure.

But is this enticing price tag too good to be true?

Are there sacrifices in features and performance?

Why Are Mitsubishi Mirage So Cheap

This comprehensive guide unveils the secrets behind the Mitsubishi Mirage, shedding light on why it stands as the reigning champion of affordability in the new car segment.

Reason Why Are Mitsubishi Mirage So Cheap?

When it comes to finding a reliable car under $9,000, the options can be slim, especially if you’re considering established brands like Toyota and Honda.

Typically, you’d find models ranging from 2006 to 2010 with mileage well over the 100,000 mark, and some even approaching 200,000.

This is where the Mitsubishi Mirage steps into the picture as a compelling alternative.

With newer models spanning from 2015 to 2019 and an average mileage of around 74,000, it offers an intriguing proposition for budget-conscious buyers.

However, a quick online search reveals a stark divide in opinions.

On one hand, there are glowing YouTube reviews that paint a promising picture of the Mirage.

On the other hand, a significant portion of the Reddit community seems to advise steering clear of this vehicle.

So, why the discrepancy?

To get to the bottom of this, let’s take a closer look at what makes the Mitsubishi Mirage so attractively affordable.

Why Are Mitsubishi Mirage So Cheap

1. A Legacy of Affordability

To truly understand why the Mitsubishi Mirage comes with such an enticing price tag, it’s essential to delve into its lineage. Mitsubishi has a storied history of producing compact, cost-effective vehicles.

The Mirage, a torchbearer of this legacy, inherits the DNA of its predecessors, delivering a wallet-friendly option for those who prioritize practicality and economy.

2. The Engineering Alchemy

The heart of the Mirage’s affordability lies in its engineering brilliance. Every component of this vehicle is meticulously designed for efficiency without sacrificing safety or performance.

From its lightweight frame to its frugal yet dependable powertrain, every facet of the Mirage speaks to automotive ingenuity.

It proves that cutting costs doesn’t necessarily mean cutting corners.

3. Streamlined Features, Strategic Choices

While the Mirage excels in keeping costs down, it’s important to acknowledge that this does come at a price, albeit a literal one. Some of the more extravagant features found in pricier counterparts may be absent, as Mitsubishi prioritizes function over frills.

However, what remains are the essentials, ensuring a comfortable and functional driving experience.

Read Also: Mitsubishi Mirage Years To Avoid

4. The Economics of Ownership

Opting for a Mitsubishi Mirage isn’t just about a lower upfront cost. Its remarkable fuel efficiency and minimal maintenance requirements make it a champion of economical ownership.

With fuel prices on the rise and the ongoing costs of vehicle maintenance, the Mirage offers a viable solution for those looking to make their dollars stretch further.

Why Are Mitsubishi Mirage So Cheap

Is It Worth It?

So, is the Mirage worth considering, especially for in-city driving or a college commute? The answer lies in a blend of legacy, engineering prowess, and a streamlined approach to features.

While it may not boast the bells and whistles of its more expensive counterparts, it shines where it matters most: as a reliable, budget-friendly mode of transportation.

Why was the Mirage discontinued?

The Mirage was discontinued primarily due to shifting market trends. With the average new car price soaring to around $47,000, automakers began focusing more on producing larger crossovers, leaving smaller sedans and hatchbacks like the Mitsubishi Mirage in a vulnerable position.

This change in consumer preferences and the industry’s shift towards larger vehicles contributed to the discontinuation of the Mirage.

Are Mitsubishi Mirage expensive to fix?

Repair costs for the Mitsubishi Mirage can vary widely, ranging from $95 to $2,261, with an average cost of $257. The actual cost of maintenance and repairs will depend on factors such as the specific issue, labor rates in your area, and whether you choose to go to a dealership or an independent mechanic.

Is the Mitsubishi Mirage a good first car?

The Mitsubishi Mirage can indeed be a good choice for first-time drivers. It is a compact car that offers practical features for a safe driving experience. Its smaller size makes it easy to maneuver and park, which can be advantageous for new drivers who are still building their confidence on the road.

Do Mitsubishi cars hold their value?

Among Mitsubishi models, the Mitsubishi Mirage has the best resale value. It retains approximately 58.7% of its value after the first 5 years, making it a relatively good choice in terms of holding its value compared to other Mitsubishi vehicles.

The Mitsubishi Outlander Sport and Mirage G4 also show respectable resale values, with 58.2% and 57.1%, respectively, after the same time period.


Its price tag may be a fraction of what you’d expect, but its value far exceeds expectations. For those in search of a cost-effective ride without compromising on quality, the Mirage beckons, ready to prove that affordability and excellence can indeed go hand in hand.

Don’t dismiss it solely based on its price; give it a test drive and see if it aligns with your needs and preferences.

So, why are Mitsubishi Mirage so cheap? The answer lies in a blend of legacy, engineering prowess, and a streamlined approach to features.

The Mirage stands as a testament to Mitsubishi’s commitment to offering an affordable, no-nonsense driving experience. While it may not boast the bells and whistles of its more expensive counterparts, it shines where it matters most: as a reliable, budget-friendly mode of transportation.