2022 G4 ES CVT for $18145 MSRP ($17,645) @ White Bear.
The used car price of the 2017 G4 is more than what I paid for my Mirage new, but that was 4+ years ago. That's not really relevant today.
I really like my Mirage. It does what I want a daily driver to do (affordable, reliable, & economical). As much as I like my Mirage, I would not pay more than $10,000 for one. I lose all interest in the car beyond that price (new or used).
The used 2017 you shared is more appealing to me than the new one.
The number one reason I bought a brand new Mirage in 2017 -
I paid 65.4% window sticker. If I had qualified for the three rebates (loyalty, VIP, & military) at the time, I would have paid 54.8% window sticker. Buying a used car didn't make sense.
In today's market, there's no way anyone could sell me a brand new Mirage, but that's me!
The average new vehicle price has risen above $47,000 in the States!
I feel the auto industry is really messed up, but who's to blame for that?
I know people who can't buy a vehicle that doesn't have more features or more horsepower than their current one. Yet, they complain about the price of new vehicles in the same breath!
We live in time when people think it's too much work to turn on their headlights & wipers when needed. Heaven forbid we would have to dim our headlights on our own. How about being attentive when you drive? That's what lane departure warning & collision mitigation braking systems are designed for. It's no wonder manual transmissions are disappearing from the market scene.
If someone started selling base level cars again that are affordable, reliable, & economical, I would be somewhat excited. I don't see that happening any time soon.
Given today's market, I don't think a lower mileage Mirage or G4 in good shape for under $10,000 is a horrible deal. I surely couldn't justify paying $7,000-8,000 more for a new one.
Unless things change, I don't see myself buying a new vehicle in my lifetime again. I am OK with that.
Cars are not investments. They are money pits.
That means if you bought a $40,000 vehicle, it is only worth $35,600 by the time you get it home. ... Using the same $40,000 vehicle, after one year, it is worth $30,000. Three years after you buy the car, it drops 46% of its value, meaning it is now worth $21,600." Apr 13, 2020
If that timeline were to hold true in the future, I am buying 3+ year old vehicles. Some Putz can pay all that initial depreciation, and I will gladly enjoy the majority of the vehicle's life for much less!
Last edited by Mark; 01-21-2022 at 07:31 AM.
Another guy traded in a 2014 Dodge diesel and was happy as a pig in **** that the dealer gave him $40 for is and was losing about $12-15k in depriciation. I spotted the the truck for sale a day later for $52k. Close to the sticker price lol.
Maybe trucks are different? I don't pay attention to car prices much have noticed "cheap" chevy volts aren't a thing up here anymore.
View my fuel log 2014 Mirage SE wussie cvt edition. 1.2 automatic: 37.7 mpg (US) ... 16.0 km/L ... 6.2 L/100 km ... 45.3 mpg (Imp)
At the moment things are extremely different. I may be able to sell my 2017 Mirage for nearly what I paid for it new. I could say it cost almost nothing to own these past 4+ years. That may sound great, until I go to replace it with a new Mirage. That would suck!
Imagine how some may feel if things ever return to past norms? If $10,000-12,000 brand new Mirage deals ever returned, how is someone who paid $15,000+ for one going to feel about that?
Higher than normal used car prices in the States are being driven by the outrageous prices of new vehicles. Incentives & rebates are currently gone. Dealer lots are not full in my area. If anything, inventories have flipped. New car dealerships have a larger inventory of used vehicles than new ones, & that's not the previous norm in my area.
It's more like, please come in & order you next new Chevy pickup truck (pay full price), and we'll give you a great price for your old one. Even if you have a nice truck to trade in, I'm pretty sure they are making good money on the deal.