Mitsubishi Outlander Sport Depreciation

A Mitsubishi Outlander Sport will depreciate 51% after 5 years and have a 5 year resale value of $11,579.

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, 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 $7,300 69.27% $16,456 13,500 2021
2 $7,828 67.05% $15,928 27,000 2022
3 $9,419 60.35% $14,337 40,500 2023
4 $10,400 56.22% $13,356 54,000 2024
5 $12,177 48.74% $11,579 67,500 2025
6 $14,111 40.60% $9,645 81,000 2026
7 $15,446 34.98% $8,310 94,500 2027
8 $15,940 32.90% $7,816 108,000 2028
9 $16,986 28.50% $6,770 121,500 2029
10 $17,104 28.00% $6,652 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $7,300 69.27% $16,456
2 $7,828 67.05% $15,928
3 $9,419 60.35% $14,337
4 $10,400 56.22% $13,356
5 $12,177 48.74% $11,579
6 $14,111 40.60% $9,645
7 $15,446 34.98% $8,310
8 $15,940 32.90% $7,816
9 $16,986 28.50% $6,770
10 $17,104 28.00% $6,652

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 $7,828 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 $4,349. 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 $16,635 $235 $7,121 29.98% 69.27% Best
2018 $23,609 $16,138 $309 $497 2.99% 67.05% Better
2017 $23,415 $14,551 $421 $1,587 9.83% 60.35% Better
2016 $23,100 $13,480 $494 $1,071 7.36% 56.22% Good
2015 $22,235 $11,482 $644 $1,998 14.82% 48.74% Good
2014 $21,717 $9,733 $916 $1,749 15.23% 40.6%
2013 $22,040 $8,754 $1,045 $979 10.06% 34.98%
2012 $21,313 $8,144 $1,131 $610 6.97% 32.9%
2011 $20,420 $7,122 $1,302 $1,022 12.55% 28.5%
Year Price % Paid Value Rank
2020 $23,756 100%
2019 $16,635 69.27% Best
2018 $16,138 67.05% Better
2017 $14,551 60.35% Better
2016 $13,480 56.22% Good
2015 $11,482 48.74% Good
2014 $9,733 40.6%
2013 $8,754 34.98%
2012 $8,144 32.9%
2011 $7,122 28.5%
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 April 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.