There’s no denying the elephants in the room here, but we’re going to recommend today’s ASX anyway, and here’s why.
Bad news first.
Mitsubishi’s latest small SUV has been priced out of contention in Australia, even compared to the (sadly since-discontinued locally) Renault Captur on which it is based.
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And the cost situation is worse than it first seems.
The range starts from $37,740 (all prices are before on-road costs, or MSRP) for the LS, which we advise against, since it lacks sufficient advanced driver-assist systems (ADAS), including blind-spot monitoring and adaptive cruise control. Perhaps that’s why it only gets a four- out of five-star ANCAP rating.
For those you’ll need the Aspire from $42,690. Ours is the $46,490 Exceed (gulp), that builds on the latter’s broader safety package and features a wireless charger, heated steering wheel, privacy glass, ambient lighting, Google connectivity and 18-inch alloys with a powered driver’s seat, heated front seats, leather upholstery, sunroof, two-tonne paint and glossier trim.
Note, though, there is no hybrid availability against petrol-electric rivals like the Honda HR-V, Hyundai Kona, Nissan Qashqai e-Power and Toyota’s Yaris Cross, Corolla Cross and C-HR HEVs, further hurting the ASX’s value-for-money perception. And that’s before considering one of the better, cheaper Chinese hybrids like the MG ZS Hybrid+.
Plus, Mitsubishi seems to have shot itself in the foot rehashing a badge that previously bore a basic, noisy and stiff-riding battle axe from 2010 that cost 50 per cent less than the newcomer.
We suspect the new ASX’s high pricing may be so to cover the available, and strongly recommended, conditional 10-year/200,000km warranty offer, activated in lieu of the standard five-year/unlimited item if serviced with Mitsubishi.
Which brings us to the good news.
The extended warranty is essential insurance against highly-publicised and expensive dual-clutch transmission (DCT) failures such gearboxes are prone to. Brands using them include Chery, Ford, Haval, Renault and Volkswagen.
And that Captur connection also means the Spanish-built Mitsubishi is a highly engineered, quality small SUV based on what is considered to be one of the most agile and dynamic platforms currently available – that of the Renault Clio supermini.
As such, and in contrast to the diamond brand’s dreary previous small SUV offering, the ASX is a pleasure to drive.
Under the bonnet is a Nissan-derived 1.3-litre four-cylinder turbo-petrol engine. Pumping out a healthy 113kW of power and above-class-average 270Nm of torque, it imbues the lightweight ASX with punchy performance – as long as the powertrain is not in 'Eco' mode. We’ll return to that in a bit.
In default 'Comfort' mode and more urgent 'Sport' setting, this behaves like most turbo-engine/DCT combos in that, when the pedal is initially applied at standstill, there is an annoying moment’s hesitation, before the car then either launches or suddenly lurches forward, depending on how much of a rush you’re in.
Whichever, speed comes on quickly and slickly, aided by the sinewy ASX’s superior power-to-weight ratio and snappy throttle response. Especially in Sport mode, which holds on to each ratio for longer while providing even-faster changes, especially via a set of natty paddle shifters.
After that, choosing Eco mode is like disconnecting the turbo, with noticeably doughier acceleration. It feels starkly underpowered if you’re in a hurry but sufficient for pootling about and is meant to save fuel.
Speaking of which, we still managed 7.2 litres per 100km (against an ADR 81/02 combined cycle average of 6.4L/100km), which isn’t bad given how much we thrashed ours about. And, remarkably, this Euro can drink from the 91 RON standard unleaded bowser.
Then there’s the Mitsubishi’s dynamic character, with steering that is also pleasingly interactive, providing beautifully balanced handling and feel, backed up by nicely controlled cornering grip. Quality 18-inch Continental tyres help soften what is a quite a firm, but never harsh, ride as a result, taking the edge off most bumps. Either way, this is far comfier and quieter than the old ASX to ride in.
The French are famous for their sumptuous seats, and while the Exceed’s leather isn’t as lovely as cloth, they provide excellent bracing and support. And they’re set up for a fine driving position, which isn’t always a given for European left-hand drive natives.
Without the (overly) minimalist mega-screen dominance of more-modern rivals’ interiors, the ASX’s dashboard seems a little dated, reflecting the second-gen Captur’s seventh journey around the sun.
Yet, it is no less functional and perhaps more so than many alternatives, with a pleasing mix of clear electronic instrumentation and touchscreen access for multimedia and vehicle settings on one hand and physical buttons for most essentials like the (effective) climate control, cruise and seating/mirror settings on the other. Literally, since everything’s within easy reach. Storage is plentiful and overall quality seems high.
Fixes for any future facelift? Rear vision isn’t great, the gear-shifter is fiddly and some of the black plastic finish doesn’t align with the Exceed’s premium aspirations.
Despite being classed as a small SUV, the ASX is more-compact than most, being more akin to Mazda CX-3 size. This is obviously reflected in the second-row accommodation’s tight knee room for taller travellers, though the seating is fine and the inclusion of air vents and USB ports appreciated. But the lack of rear cupholders (there’s no folding armrest) is disappointing.
We’re are fans of the rear bench’s ability to slide forward and back to vary available cargo capacity, that is rated at a decent 484 litres, or 1596L with the 60/40 backrests folded down, and includes a solid removable floor for hiding stuff underneath. Below that is a handy space-saver spare wheel, which we commend Mitsubishi/Renault for.
Mitsubishi ASX 2026: Exceed (2Wd)
| Engine Type | Turbo 4, 1.3L |
|---|---|
| Fuel Type | Unleaded Petrol |
| Fuel Efficiency | 6.4L/100km (combined) |
| Seating | 5 |
| Price From | $46,490 |
| Safety Rating |
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Verdict
The ASX is too expensive against mainstream rivals. There’s no getting away from that. But, as an alternative to luxury small SUVs like the (mechanically related) Mercedes-Benz GLA200, this premium Euro actually makes smart sense, given its 10-year available Mitsubishi warranty, charm and enjoyable nature.
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