Mitsubishi Mirage Sales Soar 67 Percent

By

Automotive Editor

Armaan Almeida no longer works for CarsDirect. He was an Automotive Editor who produced buying guides and sneak previews, in addition to publishing daily news stories and tracking monthly deals, incentives and pricing trends from Toyota, Nissan and Lexus.

 

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, Automotive Editor - March 24, 2015

One of the most affordable and fuel-efficient cars on the market also comes with incentives--for now.

We know what you're thinking. Mitsubishi? Really? Yes and yes. Sales for the 2015 Mitsubishi Mirage, dripping in affordability and fuel economy, jumped 67% in February compared to the same period last year. And for good reason--it's a flat-out bargain and one of the most affordable cars available for sale in the U.S. The base MSRP comes in at $13,790 but ends up being far less when you take into account the incentives.

Fuel economy checks in at a stellar 34/42 mpg (city/highway). That's no small feat, especially when you consider that it's not a hybrid, but a good 'ole gasoline-powered car. You don't need any fancy 91-Octane fuel to coax that lofty mileage number out of the Mirage's 1.2L 3-cylinder engine.

2015 Nissan Versa Note $1,000 Holiday Bonus Cash »

Our editorial team spent a week with the 2014 model and had a rather favorable experience with it (I personally loved it). You have to take things for what they're worth. No, it's not a Volkswagen GTI or Lexus GS 350 or Audi A4--but guys, we're talking around $12k here. By the way, it out-sold all three of those models last month.

February 2015 Sales

February 2015 February 2014 Change
2015 Mitsubishi Mirage 1,863 1,116 67%
2015 Lexus GS 1,851 1,574 18%
2015 Toyota Prius v 1,850 1,743 6%
2015 Lincoln MKZ 1,834 3,044 -66%
2015 Volkswagen GTI 1,779 893 99%
2015 Audi A4 1,743 2,497 -43%

March Madness

Let's be frank--most, if not all cars that come in around $15,000 don't come with big incentives. They are already affordable, so manufacturers really don't need to get aggressive with big rebates and low APR financing. But that's not the case with Mitsubishi. This month, the Mirage comes with some killer incentives, including up to $1,500 in combined rebates. Moreover, the rebate is stackable with 1.9% APR. And despite the Mirage's compact size, it actually has four doors and seats up to five adults. Mind you Popeye, the fifth will have to be Olive Oil-skinny.

Mitsubishi Mirage Colors

But some might not be interested in a 3-cylinder sub $12k-car. So we've rounded up some other viable options, including the latest incentive information.

Fifteen 2015 Models for around $15k

MSRP MPG Rebates APR Lease
2015 Nissan Versa Sedan $12,815 27/36 $250 0% $179/mo
2015 Chevrolet Spark $12,995 31/39 N/A N/A N/A
2015 Mitsubishi Mirage $13,790 34/42 $1,250 0% $129/mo
2015 Smart ForTwo $14,020 34/48 N/A N/A N/A
2015 Kia Rio Sedan $14,815 27/37 $500 N/A N/A
2015 Kia Rio Hatchback $14,815 27/37 $500 N/A N/A
2015 Nissan Versa Note $15,005 31/40 $1,000 0% $159/mo
2015 Chevrolet Sonic Sedan $15,070 26/35 $500* 2.9% $179/mo
2015 Hyundai Accent Sedan $15,570 27/38 $500 1.9% $169/mo
2015 Ford Fiesta Sedan $15,280 28/36 $1,000 0% N/A
2015 Toyota Yaris Hatchback $15,670 30/36 N/A N/A N/A
2015 Chevrolet Sonic Hatcback $15,670 26/35 $500* 2.9% $179/mo
2015 Ford Fiesta Hatchback $15,680 28/36 $1,000 0% N/A
2015 Hyundai Accent Hatchback $15,820 27/38 $500 1.9% $169/mo
2015 Kia Soul $16,015 24/30 $500 0.9% $189/mo

*Most trim levels.

See the more of Mitsubishi's newest model lineup here »

, Automotive Editor

Armaan Almeida no longer works for CarsDirect. He was an Automotive Editor who produced buying guides and sneak previews, in addition to publishing daily news stories and tracking monthly deals, incentives and pricing trends from Toyota, Nissan and Lexus.

 

Follow On: Google+ | Website