Guides & Tips
Mirage Hatchback Down Payment & Monthly Guide (SJDM)
By Richard Cuagdan, Mitsubishi Sales Executive ·
Quick answer: For October 2026, the Mirage GLX 1.2G M/T (SRP ₱720,000) is ₱18,000 DP and ₱14,833/mo on Option A, or ₱108,000 DP and ₱14,079/mo on Option B. The GLX CVT (SRP ₱781,000) is ₱23,000 DP and ₱16,090/mo on Option A, or ₱118,000 DP and ₱14,079/mo on Option B. All 60 months (5 years), all-in. Pre-qualified, subject to bank approval.
The Mitsubishi Mirage hatchback is the most affordable way into a brand-new Mitsubishi. This guide covers the official SRP, this month's two promo options, how much income banks usually look for and what to prepare if you are buying in San Jose del Monte (SJDM) or nearby Bulacan and Quezon City.
Official SRP
- Mirage GLX 1.2G M/T: ₱720,000
- Mirage GLX 1.2G CVT: ₱781,000
SRPs are from the official Mitsubishi Motors Philippines price list (as of August 2026). Freight and handling are not included, and prices can change without notice.
October 2026 promo: Option A and Option B
Every unit has two all-in options on 60 months. Option A is the lowest down payment. Option B is a bigger down payment with a lower monthly.
| Variant | SRP | Option A (lowest DP) | Option B (low monthly) |
|---|---|---|---|
| Mirage GLX 1.2G M/T | ₱720,000 | ₱18,000 DP / ₱14,833/mo | ₱108,000 DP / ₱14,079/mo |
| Mirage GLX 1.2G CVT | ₱781,000 | ₱23,000 DP / ₱16,090/mo | ₱118,000 DP / ₱14,079/mo |
Updated 2026-11-03. Promo figures are for October 2026 only, 60 months, all-in, subject to bank approval and change without notice. SRPs are from the official Mitsubishi Motors Philippines price list (as of August 2026). Pre-qualified, subject to bank approval.
Good to know: Option B is ₱14,079/mo on both variants by design; the CVT takes a bigger down payment (₱118,000 vs ₱108,000). All figures are for October 2026, 60 months (5 years).
How the monthly works
SRP
The official price of the variant you choose.
Down payment
A smaller DP keeps more cash in your pocket; a bigger DP lowers the monthly.
Term
These promos are on 60 months (5 years).
Monthly
A fixed amortization to the bank for the whole term.
Want to try your own down payment? Use the monthly calculator. It shows an estimate next to the official promo for the same unit.
Manual or CVT?
The manual has the lower SRP and the lower monthly. The INVECS-III CVT costs more but is far less tiring in daily traffic on Quirino Highway, Commonwealth or EDSA. If you are a new driver, the CVT is usually worth the difference. More in manual vs automatic.
Income guide
Most banks prefer the monthly amortization to stay around 30–35% of your gross monthly income, after other loans. Use that as a rough guide, then check your chances with the free Loan Application Assessment. Results are Pre-qualified, subject to bank approval.
What all-in includes
- 3 years LTO registration
- 3 years TPL insurance
- 1 year comprehensive insurance, rate locked for 3 years
- Chattel mortgage
- Free labor up to 5,000 km
- 3 years warranty
Documents to prepare
- Two valid government IDs
- Proof of income: payslips and certificate of employment, or business documents and bank statements if self-employed
- Proof of billing for your address
- For OFWs: contract or employment certificate and remittance records; see the OFW car loan guide
Requirements vary by bank; I will tell you exactly which ones apply to your situation. Comparing body styles? Read Mirage hatchback vs Mirage G4.
Related reading
- Car Financing SJDM, San Jose del Monte Bulacan: Low DP Guide
- Option A vs Option B: Choosing Your Mitsubishi Promo
- Is the Mirage a Good First Car for the Bulacan–Manila Commute?
Your next step
Send me your preferred variant and down payment; I'll prepare the exact all-in computation for the Mirage hatchback.
Compute my monthly See if you're Pre-qualified Book a Test Drive
Questions muna? Call or text 0954 291 1201. Financing is always subject to bank approval.
This is Richard Cuagdan's personal sales website, not the official Mitsubishi Motors Philippines website. Results of any assessment are Pre-qualified, subject to bank approval.
Frequently asked questions
What is the lowest down payment for the Mirage hatchback?
For October 2026, Option A is ₱18,000 for the GLX M/T and ₱23,000 for the GLX CVT, on 60 months, all-in, subject to bank approval.
Why is the Option B monthly the same for the M/T and CVT?
By design, this month's Option B lands both variants on ₱14,079/mo: the CVT simply takes a bigger down payment (₱118,000 vs ₱108,000).
What income do I need?
Banks usually like the monthly to stay around 30–35% of gross monthly income. At ₱14,833/mo that is roughly ₱42,400–₱49,400 gross a month. The bank makes the final decision.
What does all-in include?
LTO registration, TPL and comprehensive insurance, chattel mortgage and more. See the list on this page.