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Mitsubishi

Mitsubishi - Space Star (2002)

Mitsubishi Space Star: A Compact Classic That's Still on Modern Wheels

Emerging from Mitsubishi’s storied history of small‑car engineering, the Space Star has lived on as a beloved pocket‑car for budget‑conscious buyers around the globe. First launched in the late 1990s and refined into its 2002 iteration, the Space Star combines a modest 1.2‑ or 1.3‑litre engine with a lightweight chassis that remains popular in urban markets today. Whether you’re looking at the Mitsubishi Space Star price for a brand‑new model or want an idea of how a mid‑life 2002 version sells on the used‑car market, this overview will give you the data you need—without guessing at the exact number, which varies by market, condition, and mileage.

Below is a deep dive into the key specifications, depreciation cycle, and market positioning that shape the Space Star’s ongoing appeal.

  • Engine: 1.2‑liter 4‑cylinder inline (generally 79hp at 6,000 rpm)
  • Transmission: 5‑speed manual (most trims), 4‑speed automatic lift‑shift on select models
  • Fuel Type: Regular unleaded gasoline
  • Drivetrain: Front‑wheel drive (FWD)
  • Dimensions: Length – 3,620 mm; Width – 1,645 mm; Height – 1,480 mm; Wheelbase – 2,360 mm
  • Weight: 800–870 kg (depending on trim) – a low curb weight that aids fuel efficiency
  • Cargo Capacity: 263 L behind the rear seats; 731 L when seats folded
  • Seating: 2‑front + 2‑rear, standard 2‑plus‑2 layout
  • Safety Features: Dual front airbags, ABS on higher trims, front and rear parking sensors on newer models
  • Infotainment: 2.5‑inch colour display (later models upgrade to 4‑inch touchscreen), Bluetooth connectivity optional

Depreciation Insight

Mitsubishi Space Star depreciation follows the general trend for compact cars but is slightly accelerated by changing market preferences toward SUVs and cross‑overs. Typical real‑world guardrails for depreciation look like:

  • First year: 15‑20% drop from original MSRP (roughly 17% on average) – a common figure for new cars that are largely unaffected by mileage.
  • Second year: Additional 8‑12% loss, compounding to ~25‑30% total loss from origination.
  • Third to fifth year: 5‑6% yearly depreciation, reaching an ultimate consolidated loss of about 45‑50% by year five.

When you consider used Mitsubishi Space Star price, the car tends to underpin a decent residual value: a fully maintained 2002 model will often fetch roughly 30‑35% of the original retail price after five years, assuming a mileage range of 40,000–70,000 km. While this departs slightly from the steep first‑year losses, it reflects Mitsubishi’s reputation for reliability and the ongoing demand for compact, fuel‑efficient vehicles in mid‑market segments.

The real takeaway? Brace for a quick first‑year depreciation but anticipate solid long‑term value if you keep the car well‑maintained and avoid excessive mileage.

Comparative Context

Compared to similar models like the Toyota Vios or Honda Fit, the Space Star offers:

  • Less power – a full 10–15% reduction in horsepower versus the Vios’s 78hp, but


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