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Mitsubishi - Colt (2008)
Ready to dive into the world of the classic compact hatchback? The Mitsubishi Colt, born in the late 1960s and re‑imagined in its most recent guise around 2008, remains a favorite among budget‑friendly car shoppers worldwide. If you’re wondering what is a 2008 Mitsubishi Colt worth, or looking for a quick snapshot of the Mitsubishi Colt price trend, we’ve compiled the most reliable, up‑to‑date information in one place.
While the exact Mitsubishi Colt price can differ by region and condition, the market largely reflects a conductor’s steady tune: a compact sedan that comfortably nests just above the lower‑mid‑range segment. Below is everything you need to know to evaluate any used or new Colt, the precise specs that define its performance, and how its value evolves over time.
- Model Year: 2008
- Origin: Mitsubishi Motors Corp.
- Cylinders: 4 • piston
- Engine: 1.2‑liter (1,173 cc) inline‑4 with 86 bhp (64 kW)
- Transmission: 5‑speed manual or 4‑speed automatic (multi‑card)
- Fuel Type: Regular unleaded (gasoline)
- Drivetrain: Front‑wheel drive (FWD)
- Powertrain: Front‑end 4.2‑L (1994‑95), 4.4‑L (1996‑02), 4.5‑L (2002‑06)
- Vehicle Length: 3,765 mm (148.2 in)
- Width: 1,655 mm (65.0 in)
- Height: 1,337 mm (52.6 in)
- Wheelbase: 2,310 mm (91.0 in)
- Weight: 945 kg (2,083 lb) (standard)
- Cargo Capacity: 283 l (10.0 ft³)
- Fuel Tank: 36 l (9.5 gal)
- Insurance Rating: Low (≤4 over 70 000 km annual mileage)
Depreciation Insights for the Mitsubishi Colt
Understanding how the Mitsubishi Colt depreciation trend looks is essential for both buyers and sellers. The Colt’s car economics are straightforward:
- First‑Year Value Loss: Typically loses 15–20 % of its value during the initial year, a common trend for new cars worldwide.
- Year‑2 – Year‑4: Annual decline slows to 6–8 % per year. A well‑maintained 2008 Colt that stays in good condition can hold roughly 70–75 % of its purchase price after four years.
- 5‑Year Mark: After five years, average resale values usually settle around 50–55 % of the original factory price, spread across markets with moderate demand.
- Longer Shelf Life: Beyond 10 years, the Colt’s value plateau shrinks considerably, roughly 30–35 % of initial price, mainly for legacy or enthusiast buyers.
Key take‑away: If you’re looking at used Mitsubishi Colt price options, you’ll find the depreciation curve relatively shallow but predictable. The good news is that this makes the Colt an affordable, low‑maintenance entry into the automotive market.
What is a 2008 Mitsubishi Colt Worth?
Evaluating the “what is a 2008 Mitsubishi Colt worth” question requires looking at a few parameters:
- Condition: Clean title, well‑documented service history, no major mechanical issues.
- Mileage: Below 80 000 km gives the best price-per-mile ratio.
- Trim & Features: Standard configuration generally yields the broadest market.
- Location: Urban vs. rural, market supply, and demand variations.
Local data typically references used Mitsubishi Colt price ranges from $2,000 to $4,500 in the U.S., $1,200 to $3,000 in South America, and $1,500 to $2,800 in Asia, but these figures vary. The robust depreciation curve outlined earlier will hold true across most regions.
Comparison Context
Structurally, the “2008 Mitsubishi Colt” sits against the compact hatchback corridor defined by others like the
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | €4,200.00 | Unlock all links | |
| 2 years ago | used | €4,200.00 | Unlock all links | |
| 2 years ago | used | £2,150.00 | Unlock all links | |
| 3 years ago | used | £1,990.00 | Unlock all links | |
| 3 years ago | used | £1,295.00 | Unlock all links | |
| 3 years ago | used | £2,795.00 | Unlock all links | |
| 3 years ago | used | £2,490.00 | Unlock all links | |
| 3 years ago | used | £1,895.00 | Unlock all links | |
| 4 years ago | used | £2,490.00 | Unlock all links | |
| 4 years ago | used | £1,295.00 | Unlock all links | |
| 4 years ago | used | £995.00 | Unlock all links | |
| 4 years ago | used | £1,295.00 | Unlock all links | |
| 4 years ago | used | £2,490.00 | Unlock all links | |
| 4 years ago | used | £999.00 | Unlock all links | |
| 4 years ago | used | £1,995.00 | Unlock all links | |
| 4 years ago | used | £2,890.00 | Unlock all links | |
| 4 years ago | used | £1,295.00 | Unlock all links | |
| 4 years ago | used | £2,995.00 | Unlock all links | |
| 4 years ago | used | £1,295.00 | Unlock all links | |
| 4 years ago | used | £2,995.00 | Unlock all links |