Mitsubishi Outlander Sport Depreciation

A Mitsubishi Outlander Sport will depreciate 51% after 5 years and have a 5 year resale value of $11,550.

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, and assumes a purchase price of $23,756 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,324 69.17% $16,432 13,500 2021
2 $8,224 65.38% $15,532 27,000 2022
3 $9,369 60.56% $14,387 40,500 2023
4 $10,861 54.28% $12,895 54,000 2024
5 $12,206 48.62% $11,550 67,500 2025
6 $14,161 40.39% $9,595 81,000 2026
7 $15,130 36.31% $8,626 94,500 2027
8 $15,976 32.75% $7,780 108,000 2028
9 $16,558 30.30% $7,198 121,500 2029
10 $16,814 29.22% $6,942 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $7,324 69.17% $16,432
2 $8,224 65.38% $15,532
3 $9,369 60.56% $14,387
4 $10,861 54.28% $12,895
5 $12,206 48.62% $11,550
6 $14,161 40.39% $9,595
7 $15,130 36.31% $8,626
8 $15,976 32.75% $7,780
9 $16,558 30.30% $7,198
10 $16,814 29.22% $6,942

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 $8,224 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 $3,982. 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 $196 $0 0% 100%
2019 $23,675 $16,611 $235 $7,145 30.08% 69.17% Best
2018 $23,609 $15,744 $309 $867 5.22% 65.38% Better
2017 $23,415 $14,600 $421 $1,144 7.27% 60.56% Better
2016 $23,100 $13,032 $494 $1,568 10.74% 54.28% Good
2015 $22,235 $11,455 $644 $1,577 12.1% 48.62% Good
2014 $21,717 $9,687 $916 $1,768 15.43% 40.39%
2013 $22,040 $9,047 $1,045 $640 6.61% 36.31%
2012 $21,313 $8,110 $1,131 $937 10.36% 32.75%
2011 $20,420 $7,489 $1,302 $621 7.66% 30.3%
Year Price % Paid Value Rank
2020 $23,756 100%
2019 $16,611 69.17% Best
2018 $15,744 65.38% Better
2017 $14,600 60.56% Better
2016 $13,032 54.28% Good
2015 $11,455 48.62% Good
2014 $9,687 40.39%
2013 $9,047 36.31%
2012 $8,110 32.75%
2011 $7,489 30.3%
Our Favorite Mitsubishi Outlander Sport Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.