Yesterday I almost responded to this quote, but then realized I wasn't comprehending it correctly. Fummins mentions, which is the lower COO. I'd lay money on the Mirage being the lower COO. As long as it is as close to apples to apples as possible. Meaning, don't compare the COO of a top of the line Mirage to the bare bones Corolla. Because the lower cost to purchase of the Mirage is a HUGE factor in COO. The Mirage should win easily.
Originally Posted by Fummins
However, say you scrap the cost to purchase, and just base it on running costs. I think it is a much closer $ battle. The Mirage is going to lead for a long time due to less expensive fuel costs. But over a thousand Corollas versus a thousand Mirage's, the Mirage's will have more repairs. So it may catch up, or surpass the Corolla. But not significantly would be my opinion ... a well maintained Mirage should be quite reliable.
True COO, the Mirage should win easily ... and I'm a Toyota guy to the core. I now remember what led me to a Mirage. I first starting doing searches for the lowest total COO vehicle in the United States. There was a year or two the Mirage won, and then seems like a Nissan Versa won, and maybe another vehicle (Spark maybe). I really like the Versa too, but only in manual transmission. Then I watched Dog Decrapo's video and I was intrigued with the Mirage due to his video. I rented one, it was a G4 dawg CVT. Then I drove a manual from a dealership and I was flabbergasted on how much better it was than the CVT, and how much better it was than my expectation. I was excited about the simplicity of such a machine. Then watched the 3 part videos on the Mirage, something like a "true vehicle review." And that's why I have a Mirage today.
View my fuel log 2020 Mirage ES 1.2 manual: 42.6 mpg (US) ... 18.1 km/L ... 5.5 L/100 km ... 51.2 mpg (Imp)