Mitsubishi Mirage G4 · Sedan
Mirage G4 downpayment and monthly: a plain-language guide
By Richard Cuagdan, Car Sales Executive · Updated
Planning your first car? This Mirage G4 downpayment and monthly guide explains how the down payment, the 5-year term and the monthly fit together, what the all-in package covers, the documents you need and the income that fits. Current promo figures sit in one dated table below, para madaling i-check.
How downpayment and monthly work
Every financed car comes down to four numbers:
- SRP: the suggested retail price of the unit.
- Down payment (DP): what you pay upfront. On a Zero DP promo, none; a bigger DP means a smaller loan and a lower monthly.
- Term: how long you pay. The promos here are computed on 5 years (60 months); shorter terms mean higher monthlies but less interest overall.
- Monthly amortization: the fixed amount you pay the bank each month until the loan is done.
Compare all four together, not just the monthly. More on this in how car financing works and Zero DP vs low DP.
For a compact sedan like the Mirage G4, a down payment lowers the monthly noticeably, while Zero DP keeps your savings intact. Both are valid; it depends on whether cash on hand or a lower monthly matters more to you.
Current Mirage G4 promo
October 2026 promo table
Mirage G4 promos. Updated 2026-10-22. 5-year (60-month) term, all-in, subject to bank approval and change without notice.
| Unit | Down payment | Monthly | Gross income guide (30–35%) | Freebie |
|---|---|---|---|---|
| Mirage G4 GLX 1.2G CVT SRP ₱841,000 | ₱3K DP | ₱16,542/mo | ₱47.3K–₱55.1K | 20,000 fuel points |
| Mirage G4 GLX 1.2G CVT SRP ₱841,000 | ₱73K DP | ₱15,160/mo | ₱43.3K–₱50.5K | 20,000 fuel points |
| Mirage G4 GLS 1.2G CVT SRP ₱937,000 | ₱3K DP | ₱18,804/mo | ₱53.7K–₱62.7K | 20,000 fuel points |
| Mirage G4 GLS 1.2G CVT SRP ₱937,000 | ₱98K DP | ₱16,891/mo | ₱48.3K–₱56.3K | 20,000 fuel points |
Mirage G4 GLX M/T and other DP options: message Richard for the latest Mirage G4 promo.
What all-in covers
- LTO registration
- TPL insurance
- Comprehensive insurance for the first year
- Chattel mortgage
- Free PMS labor up to 5,000 km
- Factory warranty
Freebies like tint, mats and a reverse camera usually come too. See what all-in includes.
Documents
- Everyone: two valid government IDs with matching signatures, and proof of billing
- Employed: certificate of employment with compensation, recent payslips or latest ITR
- Business owner / self-employed: DTI or SEC registration, business or mayor's permit, latest ITR or financial statements, bank statements
- OFW / seafarer: employment or crew contract, payslips or proof of remittance, and SPA or co-borrower details for the family member in the Philippines
Each bank can ask for more. Full list: car loan requirements. OFW? See the OFW car loan guide.
Income guide
A sensible guide: keep the monthly amortization at about 30–35% of your gross monthly income. Divide the monthly by 0.35 for a minimum income and by 0.30 for a comfortable one. A spouse or family member can sometimes join as a co-borrower so the bank considers combined income. The bank always makes the final call. Try the budget calculator to match a unit to your income in a minute.
Which variant
The Mirage G4 comes as the GLX (manual or CVT) and the GLS (CVT), all with the 1.2L gasoline engine. The CVT is easier in SJDM and EDSA traffic; the GLS adds more features. Compare them on the Mirage G4 page, and read manual vs automatic if you're torn. First car? Use my first-time buyer checklist.
Your next step
Check what fits your budget, then test drive the Mirage G4 in SJDM.
Compute my monthly Book a Test Drive Call or text 0954 291 1201
Richard Cuagdan, authorized Mitsubishi sales executive, serving San Jose del Monte (SJDM), Bulacan and Quezon City. Message Richard for showroom visits and directions.
Frequently asked questions
How much is the Mirage G4 downpayment and monthly?
See the dated promo table on this page for the current all-in options on a 5-year term. For variants or DP amounts not listed, message Richard for the latest Mirage G4 promo.
Is there a Zero DP Mirage G4?
Not this month. In October 2026 every Mirage G4 variant has Option A with a ₱3K down payment, shown in the promo table. Subject to bank approval.
What salary do I need for a Mirage G4?
As a guide, keep the monthly at about 30–35% of your gross monthly income. Divide the monthly by 0.35 for a minimum income. The bank makes the final assessment.
What documents do I need for a Mirage G4 car loan?
Two valid IDs and proof of billing, plus income documents: COE and payslips or ITR if employed, business documents if self-employed, and contract and remittance proof if you're an OFW.
Can I pay the Mirage G4 in less than 5 years?
Yes, shorter terms are available. The monthly will be higher, but you pay less interest overall. Ask Richard for a computation.