By Micah Muzio
Updated December 23, 2019
You’ll like the Mitsubishi Mirage if you only care about saving money. The Mirage is cheap to buy, cheap to drive and features a confidence-boosting 10-year/100,000-mile powertrain warranty. As a bonus, the little hatchback actually drives better than its asking price might suggest.
If you live on a budget but you crave a car with some measure of fun, there are better choices than the 2014 Mitsubishi Mirage. In fact, for the same cash you could buy the much more interesting Chevy Spark, though the Spark is less fuel efficient and only seats four.
The Mirage is a new addition to Mitsubishi’s lineup for 2014.
The Mitsubishi Mirage is an oddity in the automotive world – a vehicle with no upward aspirations. It’s a small 4-door, 5-passenger hatchback that, aside from its vivid selection of exterior colors, isn’t particularly interesting to look at or drive. Still, it does the job as basic transportation and a peak 44-mpg highway rating coupled with a $13,790 base price (destination included) make the 2014 Mirage one of the cheapest new cars you can buy and drive. Whether entry-level buyers will embrace the Mirage’s elemental brand of frugality over the unmatched parkability of the Smart Fortwo and Scion iQ, or the comparatively daring style of the Chevrolet Spark or Ford Fiesta, remains to be seen.
2014 Mitsubishi Mirage pricing starts at $4,579 for the Mirage DE Hatchback 4D, which had a starting MSRP of $13,790 when new. The range-topping 2014 Mirage ES Hatchback 4D starts at $4,872 today, originally priced from $14,990.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$13,790 | $4,579 | |||
$14,990 | $4,872 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2014 Mitsubishi Mirage models in typical condition when purchasing from a dealership. These prices are updated weekly.
There is little joy to be had when driving a Mitsubishi Mirage, but in the hatchback’s defense that’s not what it’s made for. It’s a commuter car, and in that role it functions better than you’d expect. The suspension delivers an acceptable ride, and thanks to noise-reduction efforts applied to all U.S.-spec cars, interior noise is largely kept in check. The Mirage’s diminutive footprint allows it to fit in tight parking spots while a tight 15.1-foot turning circle enables easy U-turns. If this all sounds surprisingly positive, hold on. Powering the Mitsubishi Mirage is a 1.2-liter 3-cylinder engine paired with either a 5-speed manual or a continuously-variable transmission. The engine is both underpowered and sounds bad, emitting noises reminiscent of gravel in a paper shredder. There is enough power to reach freeway speeds and for passing, just reserve ample time for each.
The interior of the Mitsubishi Mirage is utterly simplistic, which can be a double-edged sword. On one hand, the dash layout is so simple an 18th-century fur trapper could figure out the heating and audio controls. On the other hand, the armrests are brutally hard, the glove compartment opens with a shin-whacking “thunk," and the cargo cover connects to the rear hatch with just one lonely string. Despite such thrifty touches, the front occupants enjoy decent space and nicely contoured seats. In back, head space is tighter, but there’s enough space for two adults, maybe even three if things get desperate.
With the rounded silhouette of a jellybean, the Mitsubishi Mirage hatchback is not what we’d call “cool,” though a $695 exterior body kit and a palette of bold paint choices, including Kiwi Green and Plasma Purple, do add a bit of style. Otherwise the Mirage’s shape is dictated by pragmatism. Tiny 14-inch wheels reduce rotational mass and are cheap to produce while the body itself benefits from targeted use of high-strength steel. Those efforts along with the car’s tiny size result in a feathery, fuel-saving curb weight of less than 2,000 pounds in lightest form.
STANDARD 60/40-SPLIT FOLDING REAR SEATS
I know, usually this is the spot where we’d describe some sweet high-tech feature but given how little the Mitsubishi Mirage costs we’re more excited than usual that split-folding rear seats come standard.
NAVIGATION WITH BACKUP CAMERA
Given their likely frugal natures, Mirage buyers will probably just use their phones for navigation duties. Still, it is kind of cool that for $900 you can add navigation and a backup camera, again, on a car that’s so dang cheap.
Given its small size, safety is an obvious concern and one to which the 2014 Mitsubishi Mirage responds with standard stability and traction controls and seven airbags, including a driver’s knee airbag. Along with those safety features, 14-inch steel wheels with wheel covers, power windows, mirrors and door locks, an audio system with USB and auxiliary inputs and, strangely, automatic climate control all come standard on the base DE trim.
Buyers who splurge for the $1,200-pricier SE trim will enjoy steering wheel audio and cruise controls, a leather-wrapped steering wheel and shift knob, 14-inch aluminum-alloy wheels, and keyless access with an engine-start button, strangely located to the left of the steering column.
The front-wheel-drive Mitsubishi Mirage is powered by a positively tiny 1.2-liter 3-cylinder engine. The standard transmission is a 5-speed manual featuring long throws and possibly the lightest clutch pedal we’ve ever experienced, but for maximum fuel economy you’ll need to spend another $1,000 for the wide-ratio continuously-variable transmission, or CVT for short. Acceleration is lackadaisical and the sounds that accompany it are an assault on the senses. The silver lining to all this slow, loud movement is found in the Mirage’s fuel economy numbers, which rival the efficiency of many hybrids.
1.2-liter inline-3
74 horsepower @ 6,000 rpm
74 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy: 34/42 mpg (manual), 37/44 mpg (automatic)
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $160 | $5,515 | $3,642 | ||
2023 | $28 | $5,487 | $3,026 | ||
2024 | $1,341 | $4,146 | $1,609 | ||
Now | $301 | $3,845 | $1,269 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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EPA Passenger | 86.1 cu.ft. | ||
---|---|---|---|
EPA Total Interior | 103.3 cu.ft. | ||
Fuel Capacity | 9.2 gallons | ||
Front Head Room | 39.1 inches | ||
Front Leg Room | 41.7 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 6.3 inches | ||
Overall Length | 148.8 inches | ||
Front Shoulder Room | 51.7 inches | ||
Trunk or Cargo Capacity | 17.2 cu.ft. | ||
Turning Diameter | 30.2 feet | ||
Wheel Base | 96.5 inches | ||
Width with mirrors | 65.6 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Fog Lights | Available | ||
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 34 mpg | ||
---|---|---|---|
Highway | 42 mpg | ||
Combined | 37 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 74 @ 6000 RPM | ||
---|---|---|---|
Torque | 74 @ 4000 rpm | ||
Engine | 3-Cyl, 1.2 Liter |
Basic | 5 years / 60000 miles | ||
---|---|---|---|
Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / 100000 miles |
Used 2014 Mitsubishi Mirage | Used 2015 Ford Focus | Used 2015 FIAT 500 | Used 2014 FIAT 500L | ||
---|---|---|---|---|---|
Price | $4,872 | $5,510 | $5,280 | $5,485 | |
KBB.com Rating | 2.2 | 4.3 | 3.8 | 3.2 | |
Consumer Rating | 4.3 | 3.6 | 4.3 | 4.5 | |
Fuel Economy | City 34/Hwy 42/Comb 37 MPG | City 26/Hwy 38/Comb 30 MPG | City 27/Hwy 34/Comb 30 MPG | City 24/Hwy 33/Comb 27 MPG | |
Fuel Type | Gas | Flexible Fuel | Gas | Gas | |
Safety Rating | N/A | 5.0 | 4.0 | N/A | |
Seating Capacity | 5 | 5 | 4 | 5 | |
Basic Warranty | 5 years or 60000 miles | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
Horsepower | 74 @ 6000 RPM | 160 @ 6500 RPM | 101 @ 6500 RPM | 160 @ 5500 RPM | |
Engine | 3-Cyl, 1.2 Liter | 4-Cyl, Flex Fuel, 2.0L | 4-Cyl, MultiAir, 1.4L | 4-Cyl, Turbo, 1.4 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |
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The 2014 Mitsubishi Mirage is rated to return city/highway fuel economy of 34/42 mpg.
Used 2014 Mitsubishi Mirage prices currently range from $4,872 for the DE Hatchback 4D to $4,872 for the ES Hatchback 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2014 Mitsubishi Mirage is the DE Hatchback 4D, with a Kelley Blue Book Fair Purchase Price of $4,872.
The 2014 Mitsubishi Mirage is part of the 5th-generation Mirage, which our owners give an above-average reliability rating of 4.5 out of 5.