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Old 01-02-2015, 10:51 AM   #6 (permalink)
MetroMPG
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Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
Posts: 22,534

Blackfly - '98 Geo Metro
Team Metro
Last 3: 70.09 mpg (US)

MPGiata - '90 Mazda Miata
90 day: 54.46 mpg (US)

Appliance car Mirage - '14 Mitsubishi Mirage ES (base)
90 day: 57.73 mpg (US)
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Quote:
Originally Posted by War_Wagon View Post
There were two Mirages parked beside two CR-Zs at the auction this week, I should have taken a picture. I'll see if I can find out what they are going for in the wholesale world these days.
Oh that would be most excellent.

I know Mitsu Canada sold a couple hundred into rental fleets about a year ago, which would explain their appearance at the auctions now.

Also: used CRZ prices seem to be really low. I've seen a few retail ads that shocked me. (Under $10k)

Quote:
Yeah, wholesale auction prices.
I read an explanation for the NADA depreciation values: the price differential is between MSRP and the average trade-in values by dealerships.

Which means the Mirage numbers are probably not actually the bottom of the bucket in reality, because most dealers are discounting the cars off MSRP. And the lower the initial MSRP (Mirage is 2nd cheapest new car in the US, tied for cheapest in Canada), the more discounts will affect NADA's formula.

Quote:
Can't wait until they drop to $5k or $6k
I'd guess we won't be seeing retail prices like that for 2-3 years (for the base model).
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Project MPGiata! Mods for getting 50+ MPG from a 1990 Miata
Honda mods: Ecomodding my $800 Honda Fit 5-speed beater
Mitsu mods: 70 MPG in my ecomodded, dirt cheap, 3-cylinder Mirage.
Ecodriving test: Manual vs. automatic transmission MPG showdown



EcoModder
has launched a forum for the efficient new Mitsubishi Mirage
www.MetroMPG.com - fuel efficiency info for Geo Metro owners
www.ForkenSwift.com - electric car conversion on a beer budget
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