The 2020 Mitsubishi Mirage starts at $12,298 in Canada before freight and delivery charges.
The subcompact car grabbed three Vincentric 2020 CPO Value awards.
Each Mirage now includes automatic climate control and Bluetooth connectivity.
Each year, Vincentric announces the winners of its Best Certified Pre-Owned Value awards in Canada, and the Mitsubishi Mirage subcompact grabbed a trophy in three vehicle categories.
Obviously, the little Mirage will never win any race trophies, as it’s equipped with a very modest, 1.2L three-cylinder engine that produces 78 horsepower and 74 pound-feet of torque. It can be matched to either a five-speed manual transmission or a continuously variable automatic. In short, it’s one of the slowest cars currently on the market.
That being said, the 2020 Mitsubishi Mirage was designed to be an affordable car, to get its occupants from point A to point B as cheaply as possible. And that’s exactly what it does, with a low base price of $12,298—automatic climate control and Bluetooth connectivity included—and a combined fuel economy rating of 6.2 to 6.5 L/100 km. It’s one of the most efficient non-hybrid cars on the market.
To determine its 2020 CPO Value awards, Vincentric measured the cost of ownership of 2015 to 2019 models years over a five-year period, using eight different cost factors: depreciation, taxes and fees, financing, fuel, insurance, maintenance, opportunity cost, and repairs. In addition, each vehicle was evaluated in all 10 provinces as well as in the Northwest Territories, with an annual use of 20,000 kilometres per year.
The Mitsubishi Mirage won the overall Passenger Car Brand award, beating out the models of every other mainstream brand sold in Canada. The Mirage G4 sedan also picked up the Subcompact CPO Value award, while the Subcompact Hatchback CPO Value went to the Mirage five-door. Vincentric says the car has the lowest cost of ownership and lowest maintenance costs in its class. Other overall brand winners include Audi (Luxury Car), Mazda (SUV, Crossover and Van), Acura (Luxury SUV and Crossover) as well as Ford (Truck).
Back in August, the Mitsubishi Mirage ES was also awarded the Vincentric Best Fleet Value in Canada award, beating out its rivals in the subcompact hatchback category.
The Mirage is the only passenger car left in Mitsubishi’s Canadian lineup, and the Mirage G4 sedan was shelved after the 2019 model year, leaving only the hatchback available for 2020 and beyond. The 2021 Mitsubishi Mirage will receive styling changes, new advanced safety features such as autonomous emergency braking, lane departure warning and automatic high beams, in addition to a newly available seven-inch infotainment touchscreen with Apple CarPlay and Android Auto integration.
The Mitsubishi Mirage’s rivals are dropping like flies, with the recent termination of the Hyundai Accent, the Chevrolet Sonic, the Fiat 500, the Ford Fiesta, the Nissan Micra, the Toyota Yaris and the Honda Fit. Its main competitor is the Chevrolet Spark.