Mitsubishi Outlander Sport Depreciation

A Mitsubishi Outlander Sport will depreciate 47% after 5 years and have a 5 year resale value of $12,612.

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 $23,797 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 $5,290 77.77% $18,507 12,000 2022
2 $7,691 67.68% $16,106 24,000 2023
3 $8,907 62.57% $14,890 36,000 2024
4 $9,788 58.87% $14,009 48,000 2025
5 $11,185 53.00% $12,612 60,000 2026
6 $12,712 46.58% $11,085 72,000 2027
7 $14,283 39.98% $9,514 84,000 2028
8 $15,242 35.95% $8,555 96,000 2029
9 $16,149 32.14% $7,648 108,000 2030
10 $16,905 28.96% $6,892 120,000 2031

Mitsubishi Outlander Sport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,290 77.77% $18,507
2 $7,691 67.68% $16,106
3 $8,907 62.57% $14,890
4 $9,788 58.87% $14,009
5 $11,185 53.00% $12,612
6 $12,712 46.58% $11,085
7 $14,283 39.98% $9,514
8 $15,242 35.95% $8,555
9 $16,149 32.14% $7,648
10 $16,905 28.96% $6,892

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 $7,691 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 $3,494. 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 $1,532 per year. This adds up to around $7,660 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 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, 68% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 and 2018 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
2021 $23,797 $23,797 $243 $0 0% 100%
2020 $23,756 $18,759 $283 $5,038 21.17% 77.77% Better
2019 $23,675 $16,379 $356 $2,380 12.69% 67.68% Best
2018 $23,609 $15,241 $468 $1,138 6.95% 62.57% Better
2017 $23,415 $14,326 $542 $915 6% 58.87% Good
2016 $23,100 $12,933 $691 $1,393 9.72% 53% Good
2015 $22,235 $11,320 $964 $1,613 12.47% 46.58%
2014 $21,717 $9,776 $1,093 $1,544 13.64% 39.98%
2013 $22,040 $9,102 $1,179 $674 6.89% 35.95%
2012 $21,313 $8,198 $1,349 $904 9.93% 32.14%
2011 $20,420 $7,301 $1,387 $897 10.94% 28.96%
Year Price % Paid Value Rank
2021 $23,797 100%
2020 $18,759 77.77% Better
2019 $16,379 67.68% Best
2018 $15,241 62.57% Better
2017 $14,326 58.87% Good
2016 $12,933 53% Good
2015 $11,320 46.58%
2014 $9,776 39.98%
2013 $9,102 35.95%
2012 $8,198 32.14%
2011 $7,301 28.96%

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: