Mitsubishi Mirage Tops Cheapest Cars to Lease List
The Mitsubishi Mirage topped a list of the most affordable cars for retail leasing under a methodology that relies heavily on depreciation as a driver of total leasing costs.

Photo of 2017 Mirage courtesy of Mitsubishi.

Photo of 2017 Mirage courtesy of Mitsubishi.
The Mitsubishi Mirage topped a list of the most affordable cars for retail leasing under a methodology that relies heavily on depreciation as a driver of total leasing costs.
Under the study, Growella.com ranked 100 vehicles using monthly depreciation, auto insurance and fuel costs. The study used publicaly available data and an insurance pricing engine.∃ It based the ranking on a 25-year-old female driver in a city setting with no traffic offenses, a 36-month retail lease, depreciation equal to trade-in value minus MSRP from three years ago at 15,000 miles per year, and fuel economy from FuelEconomy.gov.
The Mirage would cost $219 per month under this scenario. Monthly depreciation was set at $105.
After the Mirage, other cars on the list include the Subaru Outback ($234, $107 in depreciation), Nissan Versa ($307, $176), Subaru Impreza ($312, $187), Jeep Cherokee ($317, $164), Kia Soul ($334, $192), Hyundai Accent ($337, $208), Kia Rio ($342, $209), Toyota Corolla ($334, $214), and Mazda Mazda3 ($354, $226).
Originally posted on Automotive Fleet
More Operations

Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →
The Data-Driven Haul: 5 Ways AI is Leveling the Playing Field in Auto Transport
Large and small transport fleets are becoming more competitive as predictive analytics and real-time data inform the logistics decision chain.
Read More →
How to Speak the Same Language on Fleet Safety
Drivers, supervisors, and data often speak different safety “languages.” Getting on the same page will drive better results.
Read More →
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →
The Predictive Pivot: How AI and Data Are Redefining Auto Logistics in 2026
AI is no longer a luxury but the baseline for profitability in 2026. Auto haulers that adopt these tools now will quickly outpace those using manual workflows and taking a wait-and-see approach.
Read More →
The Predictive Pivot: How AI and Data Are Redefining Auto Logistics in 2026
AI is no longer a luxury but the baseline for profitability in 2026. Auto haulers that adopt these tools now will quickly outpace those that use manual workflows or take a wait-and-see approach.
Read More →
CAR 2026 Recap Part 2: Closing the Gap Between Data & Remarketing Value
The second half of CAR 2026 examined how fleets can translate lifecycle strategy, vehicle data, and market shifts into higher real-world results.
Read More →
CAR2026 in Two Words: Velocity, Value (Part 1)
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
Read More →
CAR 2026: Get the Wall Street Update on the Key Players in Remarketing
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
Read More →
CAR 2026 Session to Uncover the Missing Data That's Costing Fleets at Disposal
Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
Read More →