15 Cheapest New Cars for 2021

2. Mitsubishi Mirage

Price: $14,295

True Cost To Own: $26,136

EPA Combined City/Hwy Mileage: 39 MPG

The Mitsubishi Mirage comes second  in the list of cheapest new car for 2021, having a starting price of $14,295. The low price tag explains why Mitsubishi Motors Corporation did not really focus on the interior of their 2021 Mirage. There is a lot of hard plastic, as well as shortcuts in fit and finish such as gaps and misaligned panels. Under the hood we can find a 1.2-liter three-cylinder engine that is rated at 78-HP. Even though this small engine is capable of delivering an EPA-estimated 36 MPG in the city and 43 MPG on the highway, it certainly does not push well. It offers lethargic acceleration, and the car does get loud. Howeve,r Mitsubishi Motors Corporation covers the Mirage with a five-year or 60,000-mile basic warranty and a 10-year or 100,000-mile powertrain warranty. Edmunds suggests that the cost to own a 2021 Mirage over 5 years exceeds $26,000 of which about $5,000 are allocated to maintenance and repairs.

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