There's no better value than a new Mitsubishi Mirage, unless it's a pre-owned one. Mitsubishi Motors North America, Inc. (MMNA), the fastest-growing Asian brand in the U.S. for the second consecutive year1, today announced both the Mitsubishi Mirage and Mirage G4 sedan received the 2020 Vincentric Best CPO Value in AmericaTM awards in the subcompact hatchback and subcompact segments, respectively, at the 7th Annual Vincentric Best CPO Value in America Awards.
Awarded by Vincentric, a provider of ownership and cost data, knowledge, and consumer insights to the automotive industry, the 2020 Vincentric Best CPO Value in AmericaTM awards recognize the vehicles that offer the best value in every market segment over the past five model years (2015-2019), with the assumption of 15,000 miles driven each year. The awards use a statistical analysis comparing total cost-of-ownership figures and the current market price for each vehicle.
By incorporating factors such as finance rates, residual values and maintenance schedules, statistical results determine the awards that are then given to specific makes and model lines after factoring in their overall performance in a variety of cost and ownership areas, including:
Fixed and operating costs over the life of the vehicle
Maintenance and repair
Both the Mirage and Mirage G4 received top honors among entries from every major automotive manufacturer in their respective classes, as both vehicles offer a strong and appealing combination of attractive purchase price, low overall cost of operation and ownership, and a high value of standard safety and convenience features, resulting in great value for consumers.
The 2020 Mitsubishi Mirage is the most efficient gasoline-powered non-hybrid vehicle available in the U.S.2, featuring a 1.3-liter three-cylinder engine that achieves fantastic fuel economy of up to 37/43/39 mpg city/highway/combined with the optional continuously variable automatic transmission (CVT).2 The Mirage G4 saves consumers money at the pump too, offering up to 35/41/37 mpg city/highway/combined, when equipped with the optional CVT.2
The 2020 Mirage offers a budget-friendly starting price of just $13,9953, and the 2020 Mirage G4 starts at $14,9953. Neither model skimps on conveniences, and both include features such as a 7.0-inch touchscreen display audio unit with Bluetooth(R) phone and audio streaming, rearview backup camera, steering wheel audio controls, center console USB port and available Apple CarPlay(TM)4 and Android Auto(TM)5, all helping to keep drivers and passengers connected and entertained.
In addition, both the Mirage and Mirage G4 offer one of the most comprehensive warranties in the industry: a fully transferable 5-year/60,000-mile new vehicle limited warranty; 10-year/100,000-mile powertrain limited warranty; 7-year/100,000-mile anti-corrosion perforation limited warranty and includes 5-year/unlimited miles of roadside assistance.6
For more information on the 2020 Mitsubishi Mirage and Mirage G4, please visit media.mitsubishicars.com.
About Mitsubishi Motors North America, Inc.
Through a network of approximately 350 dealer partners across the United States, Mitsubishi Motors North America, Inc., (MMNA) is responsible for the sales, research and development, marketing and customer service of Mitsubishi Motors vehicles in the U.S. 2018 marked the brand's sixth consecutive year of sales growth.
Located in Franklin, Tennessee, MMNA is a part of the Renault-Nissan-Mitsubishi Alliance. Mitsubishi continues to lead the way in the development of highly efficient, affordably priced new gasoline-powered automobiles, while using its industry-leading knowledge in battery-electric vehicles to develop future EV and PHEV models.
For more information on Mitsubishi vehicles, please contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.
Vincentric provides data, knowledge, and insight to the automotive industry by identifying and applying the many aspects of automotive value. Vincentric data is used by organizations throughout the industry as a means of providing automotive insight to their clientele. Vincentric, LLC is a privately held automotive data compilation and analysis firm headquartered in Bingham Farms, Michigan.
1. Based on Motor Intelligence CY2017 and CY2018 Sales by Manufacturer data. Excludes premium brands.
2. Based on EPA estimated mileage ratings from www.fueleconomy.gov.
3. Manufacturer's Suggested Retail Price. Excludes destination/handling, tax, title, license etc. Retailer price, terms and vehicle availability may vary. See your Mitsubishi retailer for details.
4. Apple CarPlay(R), Siri(R), Apple Music(TM), and Apple Maps(TM) are trademarks of Apple Inc., registered in the U.S. and other countries.
5. Android Auto(TM), Google Play and other marks are trademarks of Google Inc.
6. The 10-year/100,000-mile powertrain limited warranty coverage terms are from the original in-service dates, and are applicable only to the original owner of new, retailed models purchased from an authorized Mitsubishi dealer. Subsequent owners receive the balance of the New Vehicle Limited Warranty of 5 years/60,000 miles. See retailer for limited warranty and roadside assistance terms and conditions.