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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $368 | $9,594 | $7,755 | ||
2023 | $1,583 | $8,011 | $6,021 | ||
2024 | $2,554 | $5,457 | $3,355 | ||
Now | $700 | $4,757 | $2,671 |
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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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Curb Weight | 2018 lbs. | ||
---|---|---|---|
EPA Passenger | 86.2 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 | 149.4 inches | ||
Front Shoulder Room | 51.7 inches | ||
Trunk or Cargo Capacity | 47.0 cu.ft. | ||
Turning Diameter | 30.2 feet | ||
Wheel Base | 96.5 inches | ||
Width with mirrors | 65.6 inches |
Fog Lights | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 33 mpg | ||
---|---|---|---|
Highway | 41 mpg | ||
Combined | 36 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 78 @ 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 |
If you like the 2018 Mitsubishi Mirage’s styling and long warranty, and aren’t put off by its hard interior plastics, non-folding rear seat (G4 sedan) and 12.5-second zero-to-60-mph time, then by all means have it.
Mitsubishi’s 2018 Mirage hatchback is fairly inexpensive, but so is the better-built, better-equipped Nissan Versa. A Ford Fiesta will give you better performance, features and comfort, as will a Honda Fit and Kia Rio. For the money, even a nice used compact would make a better choice.
Used 2018 Mitsubishi Mirage ES Hatchback 4D | New 2024 Mitsubishi Mirage | Used 2018 Nissan Versa Note | Used 2018 Chevrolet Spark | ||
---|---|---|---|---|---|
Price | $5,864 | $18,250 | $8,063 | $7,847 | |
KBB.com Rating | 3.0 | 3.1 | 4.3 | 3.8 | |
Consumer Rating | 4.3 | 4.3 | 3.8 | 4.2 | |
Fuel Economy | City 33/Hwy 41/Comb 36 MPG | City 36/Hwy 43/Comb 39 MPG | City 31/Hwy 39/Comb 34 MPG | City 30/Hwy 38/Comb 33 MPG | |
Fuel Type | Gas | Gas | N/A | N/A | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | $45,959 | N/A | N/A | |
Safety Rating | 4.0 | 4.0 | 4.0 | N/A | |
Seating Capacity | 5 | 5 | 5 | 4 | |
Basic Warranty | 5 years or 60000 miles | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 78 @ 6000 RPM | 78 @ 6000 RPM | 109 @ 6000 RPM | 98 @ 6200 RPM | |
Engine | 3-Cyl, 1.2 Liter | 3-Cyl, 1.2 Liter | 4-Cyl, 1.6 Liter | 4-Cyl, ECOTEC, 1.4L | |
Drivetrain | FWD | FWD | FWD | FWD |