Mitsubishi Mirage G4 Depreciation

A Mitsubishi Mirage G4 will depreciate 51% after 5 years and have a 5 year resale value of $8,589.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $17,504 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.

Mitsubishi Mirage G4 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,882 77.82% $13,622 13,500 2021
2 $5,211 70.23% $12,293 27,000 2022
3 $6,382 63.54% $11,122 40,500 2023
4 $7,749 55.73% $9,755 54,000 2024
5 $8,915 49.07% $8,589 67,500 2025
6 $9,958 43.11% $7,546 81,000 2026
7 $10,522 39.89% $6,982 94,500 2027
8 $11,316 35.35% $6,188 108,000 2028
9 $11,957 31.69% $5,547 121,500 2029
10 $12,685 27.53% $4,819 135,000 2030

Mitsubishi Mirage G4 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,882 77.82% $13,622
2 $5,211 70.23% $12,293
3 $6,382 63.54% $11,122
4 $7,749 55.73% $9,755
5 $8,915 49.07% $8,589
6 $9,958 43.11% $7,546
7 $10,522 39.89% $6,982
8 $11,316 35.35% $6,188
9 $11,957 31.69% $5,547
10 $12,685 27.53% $4,819

Mitsubishi Mirage G4 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Mitsubishi Mirage G4 that is 2 years old, then you could save $5,211 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 $3,704. 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.

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: