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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. | ||
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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 | ||
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Fog Lights | Available | ||
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 34 mpg | ||
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Highway | 42 mpg | ||
Combined | 37 mpg |
Drivetrain | FWD | ||
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Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 74 @ 6000 RPM | ||
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Torque | 74 @ 4000 rpm | ||
Engine | 3-Cyl, 1.2 Liter |
Basic | 5 years / 60000 miles | ||
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Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / 100000 miles |
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.
Used 2014 Mitsubishi Mirage ES Hatchback 4D | 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 |