New 2026 Mitsubishi ASX priced for Australia! $13,000 price hike for popular small SUV

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Mitsubishi Australia has confirmed pricing for its new-generation ASX small SUV, which is due to go on sale locally between October and the end of December this year.

Kicking off at $37,740 before on-road costs for the automatic-equipped LS, the new model is a significant step up in entry pricing from its 16-year-old predecessor, priced from $24,490 for the manual or $26,740 for the automatic before it was officially discontinued earlier this year.

Based on the recently facelifted Renault Captur, the new Spanish-built ASX may no longer be of Japanese origins but the three-diamond brand boasts the models more sophisticated driving experience and a frugal drivetrain – addressing key criticisms of its predecessor.

Although historically competing largely on its attractive price tag, new entrants from China such as the Chery Tiggo 4 have muscled in on this space. The new-generation ASX is more likely to be closely compared with rivals such as the Hyundai Kona and Toyota Corolla Cross.

What does each grade of the ASX include?

The initial launch lineup will consist of just three grades, the LS ($37,740), mid-spec Aspire ($42,690) and the top-spec Exceed ($46,490).

The LS grade includes:

• 17-inch alloy wheels
• Automatic headlights and wipers
• Electrically adjustable, heated door mirrors
• Manual dimming rear view mirror
• Cloth seats (textile black and grey)
• Height adjustable driver seat
• 10.4-inch multimedia screen
• 7.0-inch digital gauge cluster
• Rear parking sensors
• Forwards AEB 
• Lane keep assistance
• Driver attention monitoring

Stepping up to the Aspire adds the following:

• 18-inch alloy wheels
• Electric folding mirrors
• Google-built software including Maps, Assistant and Play apps
• Satellite navigation
• 10.0-inch digital driver’s display
• Ambient interior lighting
• Auto dimming rear view mirror
• Cloth seats (grey)
• Height adjustable driver and passenger seat
• Heated steering wheel
• Wireless phone charger
• Front, rear and side parking sensors
• Lane keep assist
• Adaptive cruise control
• Lane-centering
• Blind spot monitoring
• Rear cross traffic alert
• Safe exit assist

Finally, the top-spec Exceed adds:

• Panoramic sunroof
• Two-tone exterior paint
• Frameless auto dimming rear view mirror
• Leather seats (black)
• Heated front seats
• Power driver seat

What engine powers the 2026 Mitsubishi ASX?

Now powered by a turbocharged 1.3-litre turbocharged four-cylinder petrol engine, Mitsubishi points to a significant 16 percent increase in fuel consumption over the only naturally aspirated 2.0-litre engine, with fuel consumption now rated at 6.4L/100km.

Outputs of 113kW/270Nm out-muscle the old 110kW/197Nm 2.0-litre unit on paper, though the outgoing larger 123kW/222Nm 2.4-litre version of this engine had a slight edge in terms of power.

While a manual is available overseas, in Australia the 1.3T will be paired exclusively with a seven-speed automatic transmission driving the front wheels.

While the 1.3T is available with a mild-hybrid overseas this is not the case in our market, though it’s expected that a traditional hybrid paired with a 1.6L engine will come to Australia later on. In Europe, the hybrid quotes fuel consumption of 4.6L/100km.

Mitsubishi ASX 2026: prices in Australia

All prices listed are before on-road costs.

• LS: $37,740
• Aspire: $42,690
• Exceed: $46,490