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Mitsubishi Mirage Depreciation & Resale Value

Mitsubishi Mirage keeps an estimated 56% of its original MSRP after 5 years — #287 of 530 cars VINdown tracks. See the full depreciation curve.

Per VINdown's modeling, the Mitsubishi Mirage retains an estimated 56% of its original MSRP after five years, ranking #287 of 530 cars we track. That trails the 60% five-year average for Sedan in its class by 5 points, so it depreciates faster than most rivals.

Most of the loss lands early: the Mitsubishi Mirage sheds about 11% of its value in year one alone. From roughly $16,695 it falls to around $9,265 by year five — a five-year loss near $7,430, about $4.07 a day in depreciation.

Because the steepest drop hits around year 2, a lightly-used Mitsubishi Mirage bought at 2 years old lets the first owner absorb the worst of the depreciation while the curve flattens — usually the value sweet spot. Explore the full year-by-year curve, trims, and true cost of ownership in the Model Lab above.

Mitsubishi Mirage depreciation FAQ

Does the Mitsubishi Mirage hold its value?

It keeps an estimated 56% of its original MSRP after five years — worse than most among the 530 cars VINdown tracks (ranked #287).

How much does a Mitsubishi Mirage depreciate in 5 years?

From about $16,695 when new it drops to roughly $9,265 after five years — a loss near $7,430 (56% of its original MSRP retained).

When is the best time to buy a used Mitsubishi Mirage?

Around 2 years old: that is just past the steepest depreciation, so you skip the biggest drop while the value curve is flattening.