The 2026 Mitsubishi ASX, a small SUV that now comes as a rebadged version of the Renault Captur, is set to launch later this year with a significantly higher price tag than its predecessor. The entry point into the updated three-variant range begins at $37,740 before on-road costs for the LS trim. This represents a dramatic increase of over 50 percent compared to the outgoing base model. To put this into perspective, the former entry-level GS was priced at $24,490 before drive-away offers, making the new starting price $13,250 higher. Interestingly, the fresh entry model even surpasses the old flagship Exceed variant, which had previously topped the range at $35,240.
One factor contributing to the pricing change is that all versions of the 2026 ASX now come equipped with an automatic transmission as standard. Comparing it directly with last year’s GS automatic, which cost $26,740, the difference amounts to $11,000. While this jump may seem steep, Mitsubishi has positioned the new ASX with more modern engineering, a completely new platform, and a far richer set of standard features, replacing the outdated model that had been in production for 14 years.
The updated line-up progresses from the LS to the Aspire, priced at $42,690 before on-road costs, and then to the flagship Exceed at $46,490. Compared to the previous Exceed, which cost $35,240, the 2026 equivalent is $11,250 more expensive.
Powering all versions is a 1.3-litre turbocharged petrol four-cylinder engine. It produces 113kW of power and 270Nm of torque, delivered to the front wheels through a seven-speed dual-clutch automatic transmission. This represents a shift from the engines in the outgoing ASX, which used a 110kW/197Nm 2.0-litre unit in lower trims and a 123kW/222Nm 2.4-litre unit in higher grades. Mitsubishi claims the new turbo engine is both cleaner and more efficient, boasting 16 percent improved fuel economy and 19 percent lower emissions than the old 2.0-litre. Official figures show it consumes 6.4 litres per 100 kilometres and emits 142 grams of CO₂ per kilometre.
The increased cost is reflected in the richer equipment list. Even the entry-level LS comes standard with features such as a 10.4-inch infotainment touchscreen, 17-inch alloy wheels, a 7.0-inch driver display, paddle shifters, keyless entry, push-button start, reversing camera, automatic wipers and headlights, plus an extensive suite of driver assistance technologies. The Aspire adds further premium touches, including Google-based infotainment, built-in navigation, 18-inch alloys, a larger 10-inch digital cluster, rear privacy glass, ambient lighting, heated steering wheel, wireless phone charging, and selectable driving modes.
At the top of the range, the Exceed provides the most luxury, offering two-tone paint, a panoramic sunroof, leather seats, heated front seats, and a power-adjustable driver’s seat. Safety upgrades also step up with the Aspire and Exceed, which add features like lane-keep assist, adaptive cruise control, blind-spot monitoring, rear cross-traffic alert, and front and side parking sensors. These complement the already standard safety package that includes autonomous emergency braking, driver attention alert, and lane departure warning.
Even though the SUV is manufactured by Renault, Mitsubishi Australia continues to back it with its 10-year conditional warranty and capped-price servicing plan, provided customers maintain servicing through the brand’s dealer network. The new 2026 Mitsubishi ASX is expected to hit Australian showrooms in the fourth quarter of the year, between October and December.