Mitsubishi Outlander Sport Depreciation

A Mitsubishi Outlander Sport will depreciate 45% after 5 years and have a 5 year resale value of $15,787.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $28,511 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Mitsubishi Outlander Sport.

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Mitsubishi Outlander Sport Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,329 77.80% $22,182 12,000 2025
2 $7,918 72.23% $20,593 24,000 2026
3 $10,062 64.71% $18,449 36,000 2027
4 $11,444 59.86% $17,067 48,000 2028
5 $12,724 55.37% $15,787 60,000 2029
6 $13,908 51.22% $14,603 72,000 2030
7 $14,541 49.00% $13,970 84,000 2031
8 $15,530 45.53% $12,981 96,000 2032
9 $16,502 42.12% $12,009 108,000 2033
10 $17,072 40.12% $11,439 120,000 2034

Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,329 77.80% $22,182
2 $7,918 72.23% $20,593
3 $10,062 64.71% $18,449
4 $11,444 59.86% $17,067
5 $12,724 55.37% $15,787
6 $13,908 51.22% $14,603
7 $14,541 49.00% $13,970
8 $15,530 45.53% $12,981
9 $16,502 42.12% $12,009
10 $17,072 40.12% $11,439

Buying a Mitsubishi Outlander Sport New vs Used

If you purchase a used Mitsubishi Outlander Sport that is 2 years old, then you could save $7,918 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $4,806. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Outlander Sport models become available.

What About Mitsubishi Outlander Sport Insurance Costs?

The average cost to insure a Mitsubishi Outlander Sport is about $2,311 per year. This adds up to around $11,555 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Mitsubishi Outlander Sport. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Mitsubishi Outlander Sport

The 2023 Mitsubishi Outlander Sport is our top pick for the best model year value for the Outlander Sport. With the 2023, you would only pay, on average, 78% of the price as new, with 92% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Outlander Sport, and provide a relatively good value. Our rankings consider multiple factors, including the Outlander Sport's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Mitsubishi Outlander Sport models.

Mitsubishi Outlander Sport Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2024 $28,511 $28,511 $288 $0 0% 100% Good
2023 $28,377 $22,076 $342 $6,435 22.57% 77.8% Best
2022 $27,917 $20,165 $427 $1,911 8.66% 72.23% Better
2021 $27,858 $18,027 $564 $2,138 10.6% 64.71% Better
2020 $25,198 $17,002 $677 $1,025 5.69% 67.47% Good
2019 $24,746 $14,894 $855 $2,108 12.4% 60.19%
2018 $24,230 $13,742 $993 $1,152 7.73% 56.71%
2017 $25,767 $12,626 $1,046 $1,116 8.12% 49%
2016 $25,488 $11,604 $1,082 $1,022 8.09% 45.53%
2015 $23,298 $10,653 $1,130 $951 8.2% 45.72%
2014 $22,382 $8,980 $1,200 $1,673 15.7% 40.12%
2013 $23,196 $8,122 $1,309 $858 9.55% 35.01%
2012 $21,727 $7,765 $1,416 $357 4.4% 35.74%
Year Price % Paid Value Rank
2024 $28,511 100% Good
2023 $22,076 77.8% Best
2022 $20,165 72.23% Better
2021 $18,027 64.71% Better
2020 $17,002 67.47% Good
2019 $14,894 60.19%
2018 $13,742 56.71%
2017 $12,626 49%
2016 $11,604 45.53%
2015 $10,653 45.72%
2014 $8,980 40.12%
2013 $8,122 35.01%
2012 $7,765 35.74%

Mitsubishi Outlander Sport Depreciation Rankings


We've ranked over 200 models from best to worst for Depreciation. See where the Mitsubishi Outlander Sport ranks for Depreciation compared to other vehicles. Also check out how the Outlander Sport stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Other Mitsubishi Outlander Sport Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Mitsubishi Outlander Sport costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:

Mitsubishi Outlander Sports For Sale

2024 Mitsubishi Outlander Sport ES

Mileage: 712
Mileage: 712     Price: $23,850
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 143
Colors (ext/int): Silver(Silver) / Black

$23,850


2019 Mitsubishi Outlander Sport ES

Mileage: 43,761
Mileage: 43,761     Price: $14,490
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 277
Colors (ext/int): Silver(Silver) / Black

$14,490


2023 Mitsubishi Outlander Sport LE

Mileage: 29,421
Mileage: 29,421     Price: $18,950
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 48
Colors (ext/int): Red(Red) / Black
Very Low Depreciation Risk

$18,950


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