Mitsubishi Outlander Sport Depreciation

A Mitsubishi Outlander Sport will depreciate 27% after 5 years and have a 5 year resale value of $20,388.

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 $27,917 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.

Mitsubishi Outlander Sport Depreciation Calculator

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Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,263 88.31% $24,654 12,000 2022
2 $3,908 86.00% $24,009 24,000 2023
3 $4,185 85.01% $23,732 36,000 2024
4 $6,041 78.36% $21,876 48,000 2025
5 $7,529 73.03% $20,388 60,000 2026
6 $9,629 65.51% $18,288 72,000 2027
7 $11,775 57.82% $16,142 84,000 2028
8 $12,951 53.61% $14,966 96,000 2029
9 $14,905 46.61% $13,012 108,000 2030
10 $15,701 43.76% $12,216 120,000 2031

Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,263 88.31% $24,654
2 $3,908 86.00% $24,009
3 $4,185 85.01% $23,732
4 $6,041 78.36% $21,876
5 $7,529 73.03% $20,388
6 $9,629 65.51% $18,288
7 $11,775 57.82% $16,142
8 $12,951 53.61% $14,966
9 $14,905 46.61% $13,012
10 $15,701 43.76% $12,216

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 $3,908 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 $3,621. 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 $1,748 per year. This adds up to around $8,740 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 2021 Mitsubishi Outlander Sport is our top pick for the best model year value for the Outlander Sport. With the 2021, you would only pay, on average, 88% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2020 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
2022 $27,917 $27,917 $244 $0 0% 100%
2021 $27,858 $24,887 $286 $3,030 10.85% 88.31% Best
2020 $23,756 $20,430 $353 $4,457 17.91% 86% Better
2019 $23,675 $20,586 $460 +$156 -0.76% 85.01% Better
2018 $23,609 $19,050 $549 $1,536 7.46% 78.36% Good
2017 $23,415 $17,788 $689 $1,262 6.62% 73.03% Good
2016 $23,100 $16,105 $973 $1,683 9.46% 65.51%
2015 $22,235 $13,943 $1,087 $2,162 13.42% 57.82%
2014 $21,717 $12,834 $1,192 $1,109 7.95% 53.61%
2013 $22,040 $11,620 $1,348 $1,214 9.46% 46.61%
2012 $21,313 $10,694 $1,368 $926 7.97% 43.76%
2011 $20,420 $8,852 $1,535 $1,842 17.22% 35.83%
Year Price % Paid Value Rank
2022 $27,917 100%
2021 $24,887 88.31% Best
2020 $20,430 86% Better
2019 $20,586 85.01% Better
2018 $19,050 78.36% Good
2017 $17,788 73.03% Good
2016 $16,105 65.51%
2015 $13,943 57.82%
2014 $12,834 53.61%
2013 $11,620 46.61%
2012 $10,694 43.76%
2011 $8,852 35.83%

Mitsubishi Outlander Sport Depreciation Rankings

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.

Depreciation Rankings

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: