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Mitsubishi - Mirage (2020)
The 2020 Mitsubishi Mirage has become a go-to choice for budget‑savvy buyers looking for a compact, fuel‑efficient daily driver. While the Mitsubishi Mirage price varies by trim, region, and condition, many find that the 2020 model sits comfortably within the $8,000–$12,000 range for new units and $4,000–$8,000 for used vehicles. Curious about what is a 2020 Mitsubishi Mirage worth? Below you’ll find an in‑depth look at key specs, depreciation trends, and how this car stacks up against its rivals.
- Engine: 1.2‑liter inline‑3, 79 hp, 92 Nm torque
- Transmission: 5‑speed manual (optional 4‑speed automatic)
- Fuel type: Gasoline
- Drive layout: Front‑engine, front‑wheel drive
- Dimensions: 4,045 mm L × 1,645 mm W × 1,500 mm H; wheelbase 2,540 mm
- Seating: 5 passengers (2‑row, 2‑2 configuration)
- Cargo capacity: 215 L behind the rear seats; 1,080 L with seats folded
- Fuel economy: 27–30 mpg (combined)
- Safety: 5‑point seat belts, ABS, stability control, front‑swinging airbags
- Infotainment: 7‑inch touchscreen (some trims), Bluetooth, USB, AM/FM
- Warranty: 3‑year/36,000‑mi limited warranty (standard for new units)
Depreciation Insight
The Mitsubishi Mirage depreciation curve follows a typical pattern for subcompact cars. In the first year, owners can expect to lose roughly 15‑20% of the original value, which is a solid return when you consider the Mirage’s low depreciation relative to many competitors. Over a three‑year period, total depreciation usually settles around 35‑45%. These figures are averages and can shift based on mileage, maintenance history, and regional demand.
When evaluating a used Mitsubishi Mirage price, it’s essential to factor in mileage and condition. A well‑maintained 2020 Mirage that has covered under 30,000 miles and has a clean service record can command a premium within the upper range of the used market, whereas a high‑mileage or mechanically distressed example will drop toward the bottom of the spectrum.
Comparative Context
Compared to similar models, the 2020 Mirage offers a compelling blend of affordability, fuel efficiency, and practicality:
- Honda Fit / Honda Jazz: Slightly higher price and more spacious interior, but the Mirage holds a price advantage.
- Ford Fiesta: The Fiesta provides a more engaging drive and higher trim options, yet the Mirage’s lower MSRP and excellent mileage make it a tough competitor.
- Hyundai Accent: The Accent offers a larger cabin and more horsepower; the Mirage wins on cost and fuel economy.
- Nissan Versa: The Versa offers more interior volume and optional power‑train upgrades; however, the Mirage maintains a lower price floor.
In short, the 2020 Mirage is a strong contender for buyers prioritizing budget, city‑friendly dimensions, and low running costs. Its Mitsubishi Mirage price is consistently one of the lowest in the subcompact segment, giving it a competitive edge in the resale market as well.
Market Position Statement
The Mitsubishi Mirage is popular in the entry‑level commuter segment, especially among first‑time car buyers, students, and urban dwellers who value a small footprint and minimal maintenance expenses. Its reputation for reliability, combined with Mitsubishi’s low-cost ownership model, keeps it in demand even in a crowded market.
What is a 2020 Mitsubishi Mirage worth? If you’re considering purchasing or selling a 2020 Mirage, the value will largely depend on the vehicle’s condition, mileage, and the specific market in which you operate. While Mitsubishi Mirage price figures fluctuate, the general trend shows that a 2020 model in good shape typically retains around 55‑60% of its original value after three years—one of the best retention rates in the subcompact category.
Curious to see how your local price compares to the national average? Want to get a tailored quote based on your Mirage’s mileage and trim level?
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | US$11,995.00 | Unlock all links | |
| 2 years ago | used | US$14,750.00 | Unlock all links | |
| 2 years ago | used | US$9,990.00 | Unlock all links | |
| 2 years ago | used | US$13,170.00 | Unlock all links | |
| 2 years ago | used | US$9,995.00 | Unlock all links | |
| 2 years ago | used | US$11,995.00 | Unlock all links | |
| 2 years ago | used | US$12,601.00 | Unlock all links | |
| 3 years ago | used | £12,995.00 | Unlock all links | |
| 3 years ago | used | £12,995.00 | Unlock all links | |
| 4 years ago | used | £9,498.00 | Unlock all links | |
| 4 years ago | used | £9,999.00 | Unlock all links | |
| 4 years ago | used | £9,000.00 | Unlock all links | |
| 4 years ago | used | £10,599.00 | Unlock all links | |
| 4 years ago | used | £10,400.00 | Unlock all links | |
| 4 years ago | used | £9,900.00 | Unlock all links | |
| 4 years ago | used | £11,999.00 | Unlock all links | |
| 4 years ago | used | £9,450.00 | Unlock all links | |
| 4 years ago | used | US$9,895.00 | Unlock all links | |
| 4 years ago | used | US$9,498.00 | Unlock all links | |
| 4 years ago | used | US$9,498.00 | Unlock all links |