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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | - | $16,782 | $14,254 | ||
2023 | $2,494 | $14,288 | $11,950 | ||
2024 | $2,514 | $11,774 | $9,395 | ||
Now | $2,381 | $9,393 | $6,993 |
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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 | 2095 lbs. | ||
---|---|---|---|
EPA Passenger | 86.2 cu.ft. | ||
EPA Total Interior | 103.3 cu.ft. | ||
Fuel Capacity | 9.2 gallons | ||
Front Head Room | 39.0 inches | ||
Front Leg Room | 41.7 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 6.3 inches | ||
Overall Length | 151.4 inches | ||
Front Shoulder Room | 51.7 inches | ||
Trunk or Cargo Capacity | 17.1 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 | 36 mpg | ||
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Highway | 43 mpg | ||
Combined | 39 mpg |
Drivetrain | FWD | ||
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Transmission Type | Automatic | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available |
Horsepower | 76 @ 6000 RPM | ||
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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 |
Low prices. Great warranty. Low fuel consumption. Decent utility for a small car.
Sluggish acceleration. Sloppy handling. Unimpressive crash test scores.
Used 2021 Mitsubishi Mirage LE Hatchback 4D | New 2024 Mitsubishi Mirage | Used 2021 Kia Rio | Used 2021 Chevrolet Spark | ||
---|---|---|---|---|---|
Price | $10,585 | $18,250 | $12,988 | $14,761 | |
KBB.com Rating | 3.1 | 3.1 | 4.3 | 3.5 | |
Consumer Rating | 4.3 | 4.3 | 3.8 | 4.2 | |
Fuel Economy | City 36/Hwy 43/Comb 39 MPG | City 36/Hwy 43/Comb 39 MPG | City 33/Hwy 41/Comb 36 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 | $45,156 | N/A | N/A | |
Safety Rating | 4.0 | 4.0 | N/A | N/A | |
Seating Capacity | 5 | 5 | 5 | 4 | |
Basic Warranty | 5 years or 60000 miles | 5 years or 60000 miles | 5 years or 60000 miles | 3 years or 36000 miles | |
Horsepower | 76 @ 6000 RPM | 78 @ 6000 RPM | 120 @ 6300 RPM | 98 @ 6200 RPM | |
Engine | 3-Cyl, 1.2 Liter | 3-Cyl, 1.2 Liter | 4-Cyl, 1.6 Liter | 4-Cyl, ECOTEC, 1.4 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |