Mitsubishi has confirmed pricing and specifications for its new Renault-based ASX, revealing a three-grade line-up starting at $37,740 before on-road costs and topping out at $46,490 (plus ORCs), with dealer deliveries set to commence in the fourth quarter of 2025.
Mitsubishi has confirmed its all-new second-generation ASX will begin rolling into Australian dealerships in the fourth quarter of 2025, with the compact SUV’s rebirth seeing substantial lifts in performance, technology… and price.
The range consists of the familiar LS and Exceed grades, priced at $37,740 and $46,490 before on-road costs, respectively, with the Aspire grade slotting in between them from $42,690. That means one of the ASX’s critical advantages – its low price point – has significantly eroded.
Gone are the days of the Mitsubishi ASX GS manual being the most affordable small SUV on the market (from $24,490), with the base 2026 Mitsubishi ASX LS now $7250 more than the car it replaces, and the top-spec Exceed a whopping $11,250 dearer.
Built in France, the new ASX trades bargain-bin pricing for European flair, with the second-generation model heavily based on the new Renault Captur – which is also set to launch in Australia. Picking the two apart will likely be a challenge depending on what angle you’re viewing them from.
Lighting elements are shared with its Renault cousin, with the same headlamp and front DRL housings framing a Mitsubishi-specific grille and lower air dam. At the rear, it’s a near-facsimile of its cousin, with the lower bumper insert and prominent Mitsubishi badging across the boot lid being the only notable changes from the Captur’s backside.
The new ASX will roll on 17- or 18-inch alloys, depending on grade.
Standard features across all grades will include a 10.4-inch infotainment display, climate control, keyless entry and ignition, an electronic parking brake, rain-sensing wipers, dusk-sensing headlamps, reverse camera, rear parking sensors, cruise control, driver fatigue monitoring, lane departure warning, and autonomous emergency braking (AEB).
Moving up from the entry-level LS, the mid-grade Aspire adds navigation and embedded Google suite applications, while the instrument panel’s digi-dash also grows from the LS’s 7.0-inches to a 10-inch display.
Elsewhere, power-folding side mirrors feature alongside an auto-dimming rear-view mirror, the centre console adopts a floating design with an e-shifter mounted to it, a wireless charge pad is provided, and front and side parking sensors are added.
Other additions include lane keep assist and adaptive cruise control, along with a heated steering wheel. The Aspire also gains other electronic driver aids, including traffic jam assist, Mitsubishi’s Mi-Pilot semi-autonomous drive mode (which couples lane keep assist to the active cruise control system), blind spot monitoring, rear cross-traffic alert, and exit assist.
At the top of the tree, the Exceed gains a panoramic sunroof, the option of two-tone exterior paint, a unique “velvet granite” dashboard trim, black leather upholstery, a powered driver’s seat with heating up front, and a frameless rear-view mirror.
Though it’s more Renault than Mitsubishi, the new ASX is covered by Mitsubishi’s 10-year/200,000km warranty, as well as a 10-year commitment to capped-price servicing and up to four years of complimentary roadside assist.
As with the new Captur, the ASX comes powered by a 1.3-litre four-cylinder turbo petrol and delivers drive to the front wheels via a seven-speed dual-clutch automatic.
Compared to the naturally-aspirated 2.0-litre and 2.4-litre petrol (and CVT transmission) of the outgoing model, the new ASX’s mechanicals represent a sizable step-change in sophistication – though it’s worth noting that the mild hybrid, full hybrid, and plug-in hybrid powertrains that are available for the second-gen ASX in Europe have not been announced for Australia.
New power outputs of 113kW/270Nm equate to just 3kW more power than the outgoing ASX 2.0-litre, but a huge 73Nm lift in torque. Though slightly down on power compared to the 2.4-litre naturally aspirated petrol of high-grade first-gen ASXs, the new 1.3-litre turbo still maintains a 48Nm torque advantage.
Meanwhile, the new turbo engine will also deliver a 16 per cent improvement to fuel efficiency and 19 per cent fewer carbon emissions relative to the old 2.0-litre, with Mitsubishi claiming an average fuel consumption of 6.4L/100km on the combined cycle.
All-wheel drive was previously offered in the first-generation ASX up to the 2018 model year, but is not available for the second-gen model.
How much does the 2026 Mitsubishi ASX cost?
ASX LS - $37,740
ASX Aspire - $42,690
ASX Exceed - $46,490
* Prices exclude on-road costs