At a time when Americans increasingly want pricey SUVs and trucks rather than small cars, the Mirage remains the lone new vehicle whose average sale price is under 20 grand — a figure that once marked a kind of unofficial threshold of affordability. With prices — new and used — having soared since the pandemic, $20,000 is no longer much of a starting point for a new car.
This current version of the Mirage, which reached U.S. dealerships a decade ago, sold for an average of $19,205 last month, according to data from Cox Automotive. (Though a few other new models have starting prices under $20,000, their actual purchase prices, with options and shipping, exceed that figure.)
But is it? Even the few small models available aren’t selling. If this were being forced on us, the few economy models would be in high demand but it seems to be the opposite. What is going on in the American psyche? I don’t understand it.
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Unfortunately you might be right about this. It’s a difficult problem to fix.