2024 Mitsubishi MirageTrue Cost of Ownership in China
78 hp inline-3. Full cost breakdown including import duty (15%), VAT (13%), insurance, fuel at ¥1.1/L, maintenance, and depreciation.
Purchase Price
$21K
Base: $16K
Annual Total
$7K
Insurance + fuel + maintenance
Import Duty
$2K
15% of base price
VAT
$2K
13% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$56K
Purchase + 5yr running costs
2024 Mitsubishi Mirage — Full Cost Breakdown in China
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $16K |
| Import Duty (15%) | $2K |
| VAT / Sales Tax (13%) | $2K |
| Total Purchase Price | $21K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $990 |
| Annual Maintenance | $739 |
| Annual Depreciation | $3K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $7K |
| 5-Year Total Cost of Ownership | $56K |
| Cost Per Kilometer | $0.465 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Mitsubishi Mirage Fuel Cost Calculator — China
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$990
USD equivalent
Monthly Fuel Cost
$83
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$6.60
6L × ¥1.10
Mitsubishi Mirage Depreciation Curve
The Mitsubishi Mirage loses approximately $8K (49%) of its value over 5 years.
Year-by-Year Value
| New | $16K | 100% |
| Year 1 | $13K | 80% |
| Year 2 | $11K | 70% |
| Year 3 | $10K | 62% |
| Year 4 | $9K | 56% |
| Year 5 | $8K | 51% |
Depreciation based on economy segment averages.
Mitsubishi Mirage vs. Competitors in China
How does the Mitsubishi Mirage compare to similar cars available in China?
Mitsubishi
Mirage
Base Price
$16K
Annual Cost in China
$7K
Toyota
Yaris
Base Price
$22K
Annual Cost in China
$4K
Honda
Fit
Base Price
$21K
Annual Cost in China
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in China
$4K
Annual costs estimated for China market. Import duty (15%) and VAT (13%) applied to all models.
🇨🇳 Owning a Car in China
License plate lottery in major cities.
Expensive for China
Annual car costs = 58% of average China income ($12K/yr)
Average Annual Income
$12K
In China
Fuel Price
¥1.10/L
Mixed dominant
Avg Car Insurance
$1K
Per year
Import Duty
15%
On vehicle value
VAT / Sales Tax
13%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in China
Mitsubishi Mirage in China — Frequently Asked Questions
Common questions about owning a Mitsubishi Mirage in China.
The 2024 Mitsubishi Mirage has a base price of $16,000 USD. In China, after 15% import duty and 13% VAT, the total purchase price is approximately $20,792 USD (¥20,792 CNY).