Mitsubishi Outlander Sport Depreciation

A Mitsubishi Outlander Sport will depreciate 52% after 5 years and have a 5 year resale value of $11,500.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $23,756 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,371 68.97% $16,385 13,500 2021
2 $8,272 65.18% $15,484 27,000 2022
3 $9,419 60.35% $14,337 40,500 2023
4 $10,911 54.07% $12,845 54,000 2024
5 $12,256 48.41% $11,500 67,500 2025
6 $14,213 40.17% $9,543 81,000 2026
7 $15,182 36.09% $8,574 94,500 2027
8 $16,031 32.52% $7,725 108,000 2028
9 $16,613 30.07% $7,143 121,500 2029
10 $16,876 28.96% $6,880 135,000 2030

Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,371 68.97% $16,385
2 $8,272 65.18% $15,484
3 $9,419 60.35% $14,337
4 $10,911 54.07% $12,845
5 $12,256 48.41% $11,500
6 $14,213 40.17% $9,543
7 $15,182 36.09% $8,574
8 $16,031 32.52% $7,725
9 $16,613 30.07% $7,143
10 $16,876 28.96% $6,880

Mitsubishi Outlander Sport Depreciation Calculator

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If you purchase a used Mitsubishi Outlander Sport that is 2 years old, then you could save $8,272 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 $3,984. 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.

The Best Model Years to Buy a Mitsubishi Outlander Sport

The 2019 Mitsubishi Outlander Sport is our top pick for the best model year value for the Outlander Sport. With the 2019, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 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
2020 $23,756 $23,756 $243 $0 0% 100%
2019 $23,675 $16,611 $283 $7,145 30.08% 68.97% Best
2018 $23,609 $15,744 $356 $867 5.22% 65.18% Better
2017 $23,415 $14,600 $468 $1,144 7.27% 60.35% Better
2016 $23,100 $13,032 $542 $1,568 10.74% 54.07% Good
2015 $22,235 $11,455 $691 $1,577 12.1% 48.41% Good
2014 $21,717 $9,687 $964 $1,768 15.43% 40.17%
2013 $22,040 $9,047 $1,093 $640 6.61% 36.09%
2012 $21,313 $8,110 $1,179 $937 10.36% 32.52%
2011 $20,420 $7,489 $1,349 $621 7.66% 30.07%
Year Price % Paid Value Rank
2020 $23,756 100%
2019 $16,611 68.97% Best
2018 $15,744 65.18% Better
2017 $14,600 60.35% Better
2016 $13,032 54.07% Good
2015 $11,455 48.41% Good
2014 $9,687 40.17%
2013 $9,047 36.09%
2012 $8,110 32.52%
2011 $7,489 30.07%

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: