Mitsubishi Mirage G4 Depreciation

A Mitsubishi Mirage G4 will depreciate 38% after 5 years and have a 5 year resale value of $12,295.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $19,830 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Mitsubishi Mirage G4.

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Mitsubishi Mirage G4 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Mitsubishi Mirage G4 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,510 87.34% $17,320 12,000 2025
2 $4,458 77.52% $15,372 24,000 2026
3 $6,314 68.16% $13,516 36,000 2027
4 $7,327 63.05% $12,503 48,000 2028
5 $7,535 62.00% $12,295 60,000 2029
6 $8,537 56.95% $11,293 72,000 2030
7 $9,505 52.07% $10,325 84,000 2031
8 $10,040 49.37% $9,790 96,000 2032
9 $10,680 46.14% $9,150 108,000 2033
10 $11,672 41.14% $8,158 120,000 2034

Mitsubishi Mirage G4 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,510 87.34% $17,320
2 $4,458 77.52% $15,372
3 $6,314 68.16% $13,516
4 $7,327 63.05% $12,503
5 $7,535 62.00% $12,295
6 $8,537 56.95% $11,293
7 $9,505 52.07% $10,325
8 $10,040 49.37% $9,790
9 $10,680 46.14% $9,150
10 $11,672 41.14% $8,158

Buying a Mitsubishi Mirage G4 New vs Used

If you purchase a used Mitsubishi Mirage G4 that is 2 years old, then you could save $4,458 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $3,077. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Mirage G4 models become available.

What About Mitsubishi Mirage G4 Insurance Costs?

The average cost to insure a Mitsubishi Mirage G4 is about $2,481 per year. This adds up to around $12,405 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Mitsubishi Mirage G4. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Mitsubishi Mirage G4

The 2021 Mitsubishi Mirage G4 is our top pick for the best model year value for the Mirage G4. With the 2021, you would only pay, on average, 68% of the price as new, with 75% of the vehicle's useful life remaining. The 2022 and 2023 model years are also attractive years for the Mirage G4, and provide a relatively good value. Our rankings consider multiple factors, including the Mirage G4's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Mitsubishi Mirage G4 models.

Mitsubishi Mirage G4 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2024 $19,830 $19,830 $209 $0 0% 100% Good
2023 $19,041 $16,630 $249 $3,200 16.14% 87.34% Better
2022 $19,391 $15,032 $312 $1,598 9.61% 77.52% Better
2021 $19,346 $13,187 $413 $1,845 12.27% 68.16% Best
2020 $16,567 $11,615 $497 $1,572 11.92% 70.11% Good
2018 $15,959 $9,088 $730 $2,527 21.76% 56.95%
Year Price % Paid Value Rank
2024 $19,830 100% Good
2023 $16,630 87.34% Better
2022 $15,032 77.52% Better
2021 $13,187 68.16% Best
2020 $11,615 70.11% Good
2018 $9,088 56.95%

Mitsubishi Mirage G4 Depreciation Rankings


We've ranked over 200 models from best to worst for Depreciation. See where the Mitsubishi Mirage G4 ranks for Depreciation compared to other vehicles. Also check out how the Mirage G4 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Other Mitsubishi Mirage G4 Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Mitsubishi Mirage G4 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:

Mitsubishi Mirage G4s For Sale

2023 Mitsubishi Mirage G4 ES

Mileage: 21,708
Mileage: 21,708     Price: $13,950
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 161
Colors (ext/int): Blue(Blue) / Black
Low Depreciation Risk

$13,950


2024 Mitsubishi Mirage G4 ES

Mileage: 13,300
Mileage: 13,300     Price: $14,590
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 97
Colors (ext/int): Gray / Black

$14,590


2021 Mitsubishi Mirage G4 ES

Mileage: 15,506
Mileage: 15,506     Price: $12,850
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 305
Colors (ext/int): Red(Red) / Black
Very Low Depreciation Risk

$12,850


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