I started by looking at the selling price of a similar 2022 Mitsubishi Mirage 1.2L I3 Standard with average condition and lower mileage (27686 km) which sold for AED 32000 in June 2024. This is a strong indicator of the market value. The car to be estimated has higher mileage (46340 km), which typically reduces the value slightly. I also considered the listed prices of similar cars. A 2022 Mirage with similar specs was listed for AED 30000 but was delisted, indicating it might have sold for less. The new car price for a 2025 Mirage Standard is AED 46000. Applying depreciation for two years (15% per year), the estimated value would be around AED 33320. Considering these factors, the selling price of AED 32000 is a reliable estimate, adjusted slightly downwards for the higher mileage.