Results 1 to 1 of 1

Thread: Mirage recognized as "cheapest car to lease" in the U.S.

  1. #1

    Mirage recognized as "cheapest car to lease" in the U.S.

    Name:  brannon_amber_logo_branding_design.jpg
Views: 264
Size:  12.7 KB

    The Mirage has been recognized for having the lowest cost to lease in a study by Growella, which offers advice on financial matters. Their study, “Cheapest Cars to Lease” ranks vehicles by including the main cost factors of depreciation, auto insurance and gasoline.

    Using publicly available data and an insurance pricing engine, we assumed the following: a 25-year old female driver in a city setting with no traffic offenses; a thirty-six month auto lease; depreciation equal to the value of a trade-in car in 2017 minus its MSRP of three years ago at 15,000 miles driven per year; gas mileage as provided by auto manufacturers; and, an average gas price as provided by FuelEconomy.gov.
    Top 10:
    1. Mitsubishi Mirage: $219 Per Month
    2. Subaru Outback: $234 Per Month
    3. Nissan Versa: $307 Per Month
    4. Subaru Impreza: $312 Per Month
    5. Jeep Cherokee: $317 Per Month
    6. Kia Soul: $334 Per Month
    7. Hyundai Accent: $337 Per Month
    8. Kia Rio: $342 Per Month
    9. Toyota Corolla: $334 Per Month
    10. Mazda Mazda3: $354 Per Month

    See the full list: 100 Cheapest Cars to Lease - Growella

    So it seems the cars that did well are the ones with the lowest running & insurance costs (Mirage, Hyundai), or the lowest depreciation (e.g. Jeep, Subaru, Corolla), or some happy combination.

    ---

    Related Mitsu USA press release:

    Mitsubishi Mirage Tops the List of Most Affordable Cars to Lease

    March 09, 2017


    CYPRESS, Calif. – The 2017 Mitsubishi Mirage was recently recognized as the car that is the least to lease in a study conducted by Growella, a destination website for timely, relevant advice on matters of money, life, and career. The “Cheapest Cars to Lease” study analyzes the true cost to a consumer of leasing a vehicle. Three main cost factors were considered, the monthly cost of depreciation, auto insurance and gasoline.

    Growella listed the top 100 vehicles according to the affordability of lease it offers consumers. The Mitsubishi Mirage ranked number one. The Mirage was recognized for its low depreciation, insurance rate, and was rated at $79 for average monthly cost of gas. All together, Growella estimated the monthly Mirage lease cost of $219, the lowest of the 100 vehicles in the study.

    The spirited Mitsubishi Mirage is powered with an economical, yet capable 3-cylinder 1.2-liter engine that allows for a combined (city/highway) EPA-rated fuel economy of 39 mpg, making it the most fuel-efficient non-hybrid gasoline-powered vehicle in America. Mirage also offers available Apple CarPlay and Android Auto alongwith a 300-watt Rockford-Fosgate audio system with EcoPunch.

    Mirage boasts Mitsubishi's industry leading powertrain and new vehicle warranty: 10-year/100,000-mile powertrain limited warranty; 5-year/60,000-mile new vehicle limited warranty; 7-year/100,000 mile anti-corrosion/perforation limited warranty; and 5-year/unlimited mileage roadside assistance program.

    To see the study in its entirety, read The Cheapest 100 Cars To Lease at Growella.
    http://media.mitsubishicars.com/rele...-cars-to-lease





        __________________________________________

        click to view fuel log View my fuel log 2014 Mirage ES 1.2 manual: 63.2 mpg (US) ... 26.9 km/L ... 3.7 L/100 km ... 75.9 mpg (Imp)


  2. The Following User Says Thank You to MetroMPG For This Useful Post:

    Eggman (03-21-2017)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •