While many of the cars on this list do a good job of pretending to be more luxurious than their prices suggest, the Mitsubishi Mirage is not one of those cars. It looks cheap and looks cheap, so it’s a job well done that it’s actually one of the cheapest vehicles you can buy new today. Not much has changed for 2023, other than the manual transmission is no longer available, with the CVT now the only option.
The Mirage comes with a 1.2-liter three-cylinder engine that makes just 78 horsepower, which is acceptable for low-speed city driving, but it won’t cut it on the highway. The EPA reckons the car gets up to 36 mpg in the city and 43 mpg on the highway, so at least running costs should be cheap. Perhaps the Mirage’s biggest selling point is its 10-year warranty, which is among the best on the market, regardless of price. It might not be very powerful, refined or particularly enjoyable to drive, but if you’re simply looking for the cheapest possible way to buy and run a new car, the Mirage has you covered.