While many car buyers gravitate towards high-end sports cars and luxury cars with many features, there is still a strong market for car buyers looking for a new, truly cheap car. The days of cheap Geo Metros and Ford Festivas may be over, but the heart of these cheap, fuel-efficient cars lives on in the Mitsubishi Mirage, one of the cheapest new cars you can currently buy.
Mitsubishi Mirage is really cheap for 2022, but is it worth buying? Is a new car for half the price of a used car worth it despite some features that may be missing? That’s all you need to know about the 2022 Mitsubishi Mirage, the cheapest new car you can buy today.
Mitsubishi Mirage 2022 – Prices, specifications and fuel economy ratings
The 2022 Mitsubishi Mirage is a compact hatchback and is currently the cheapest new car in America. According to Mitsubishi, the Mirage starts at $14,645, excluding taxes or fees. Compared to the data found by CNBCwhich states that the average price for a used car is $33,341, the Mirage is less than half the price of the average used car today.
The Mirage comes standard with a 1.2-liter three-cylinder engine that produces just 78 horsepower. This engine is mated to either a five-speed manual transmission or a CVT automatic transmission.
This compact Mitsubishi delivers incredible fuel economy for a gasoline-only engine, with an EPA estimating 36 mpg city and 43 mpg highway with the CVT transmission. The Mirage also carries a great manufacturer warranty, which offers a 5-year/60,000-mile limited warranty and a 10-year/100,000-mile powertrain warranty.
What trim levels include in Mitsubishi Mirage
The Mitsubishi Mirage comes in four different trim levels for 2022: ES, LE, Black Edition and SE. The Mirage ES is the base model and comes equipped as such. 14-inch steel wheels with plastic caps are the only wheel choice, while the base model is too very Basic, it still has some driver comfort features, including cruise control, power windows, power locks, and a 7-inch screen with Android Auto and Apple CarPlay.
The Mirage LE takes the base model and adds some everyday driving features, including an automatic transmission, 14-inch alloy wheels, a leather interior, and an aluminum gear shift knob. Step up to the Mirage Black Edition, which adds rain-sensing wipers, automatic headlights, and fog lights. The 15-inch alloy wheels also add some extra style to the exterior.
The top end of the Mitsubishi Mirage is the SE, which takes everything from the LE trim and adds features like lane departure warning, LED headlights, 15-inch alloy wheels, and a FAST key, which is the Mitsubishi remote proximity unlock and start system.