Mitsubishi Mirage G4 Financing: How much do you need to buy one?  

Updated Aug 28, 2021 | Same topic: Best Advice for Car Buyers

This refreshed small sedan has the makings of another best-seller.  

To be clear, the current Mirage G4 isn’t the first Mitsubishi subcompact sedan to carry the name; that honor belongs to the three-box version of the first-generation hatchback introduced to the Japanese market back in 1983. After an arguably confusing marketing history over the years, the moniker has been restored to the present iteration, now synonymous with fuel efficiency.

It's not the first subcompact sedan to carry the Mirage name

Deceptively small yet more than spacious enough for both passengers and cargo, the Mirage G4 has always served as a mature sibling of sorts to the much more whimsical-looking Mirage hatchback on which it was based. But with Mitsubishi’s adoption of the Dynamic Shield visual identity across its model lineup, it was only a matter of time before the staid small sedan added a little fun to its practical nature.

With the new Mirage G4 making its debut, let’s find out how much it will cost to own this updated subcompact sedan depending on which variant you're about to purchase.

Mitsubishi Mirage G4 GLX 1.2

The base Mirage G4 emerges with the new fascia right off the factory floor, with the notable absence of fog lamps on the front corners. Still, the Dynamic Shield is a sight to behold, with the updated grille flanked by halogen headlamps emphasizing the car’s width.

Mitsubishi Mirage G4 wheel

The refreshed model upgrades its 15-inch alloy wheels with a new design

Even the hood has been subtly redesigned, while the trademark shoulder line along the profile is retained. A revised edge-to-edge rear bumper allows for improved airflow and aerodynamics while displaying a more athletic stance. The combination rear light clusters shine brilliantly when the car comes to a stop.

The interior features a muted palette, yet accommodations for up to five occupants never fails to impress. There’s manual height adjustment for the driver’s seat up front, along with manual air-conditioning controls and a tilt-adjustable urethane steering wheel.

Under the hood lies a 1.2-liter 3-cylinder MIVEC engine that makes 76 hp and 100 Nm of torque. Transmission options for the GLX are a 5-speed manual and a continuously variable transmission. Safety features mainly comprise dual airbags, 3-point ELR seatbelts, and ISOFix child seat restraints.

Mirage G4 trunk

Trunk space is as generous as ever

The Mitsubishi Mirage G4 GLX M/T retails for Php 799,000, which can be broken down into 36 monthly payments of Php 22,346 on a downpayment of 20 percent or Php 159,800. Doubling the cash outlay to 40 percent or Php 319,600 and extending the contract to 48 months brings down the recurring bill to Php 13,488.

Meanwhile, the GLX CVT variant carries a sticker price of Php 819,000. This means a 48-month payment of Php 13,826 based on an initial cash payment of 40 percent or Php 327,600. For a 60-month term with the same downpayment, you’ll only have to pay Php 11,846.         

Mitsubishi Mirage G4 GLS 1.2 CVT

The top-spec Mirage G4 packs fog lamps bordering both sides of the fascia, with the chrome bits contrasting nicely against the black trim. A rod-type antenna rests on the roof, while a third brake lamp accompanies the rear combination lamps.

Cabin layout is the same as that on the GLX, with the exception of leather trim on the shift lever and steering wheel. Hands-free audio and voice controls are present, as well as an automated climate control system. A 7-inch touchscreen head unit linked to four speakers offers Apple CarPlay and Android Auto support, along with the usual connectivity options. Trunk space is still at a cavernous 450 liters.  

Mirage G4 backseat

Rear legroom is still impressive considering the Mirage G4's small footprint

Unlike the GLX trim, the GLS is available exclusively with a CVT, while a push-start button ignites the engine. The safety features are a little more comprehensive, featuring anti-lock brakes with electronic brakeforce distribution, along with a rear-view camera.

Priced at Php 899,000, the Mirage G4 GLS CVT carries an installment rate of Php 22,000 for 36 months on a 30 percent downpayment or Php 269,700. Raising the cash to 40 percent or Php 359,600 brings down the amortization to Php 18,857, going as low as Php 15,176 for 48 months.

Mirage G4 head unit

A rear camera is now standard on the GLS

As always, these are all estimates, exclusive of other costs such as maintenance, fuel, insurance, and registration at the end of the first three years of ownership. Your nearest Mitsubishi dealer will be able to give you a more accurate computation based on your current budget.

Find more tips that add up to a great car ownership experience at Philkotse.com.

Know more about Mitsubishi Mirage G4 2021

Mitsubishi Mirage G4

The Mitsubishi Mirage G4 is the sedan version of the Mirage hatchback. They both share a lot of mechanical components, and they even use the same 1.2-liter inline-3 gasoline engine. In the Philippines, Japanese car brand Mitsubishi markets three variants of the Mirage G4 sedan. The top-spec trim is the GLS, and the mid-range trim is the GLX. These two come with a continously variable transmission (CVT). The entry-level trim is also called a GLX but it has a five-speed manual gearbox instead. At most, the aforementioned 1.2-liter engine, which drives this model's front wheels, can produce up to 77 horsepower and 100 Nm of torque.

From ₱769,000

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Joseph Paolo Estabillo

Joseph Paolo Estabillo

Author

Joseph holds a degree in Journalism from the University of the Philippines Diliman and has been writing professionally since 1999. He has written episodes for CNN Philippines' motoring show Drive, and has worked on corporate projects for MG Philippines and Pilipinas Shell. Aside from being Philkotse.com’s Content Lead, he also writes content for numerous car dealerships in the U.S., spanning multiple brands such as Alfa Romeo, Chrysler, Dodge, Jeep, and Maserati, among others.

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