Mitsubishi Outlander Depreciation

A Mitsubishi Outlander will depreciate 53% after 5 years and have a 5 year resale value of $12,923.

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 $27,548 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.

Mitsubishi Outlander Depreciation Calculator

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Mitsubishi Outlander Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,667 72.17% $19,881 12,000 2022
2 $8,917 67.63% $18,631 24,000 2023
3 $10,355 62.41% $17,193 36,000 2024
4 $12,983 52.87% $14,565 48,000 2025
5 $14,625 46.91% $12,923 60,000 2026
6 $15,421 44.02% $12,127 72,000 2027
7 $18,165 34.06% $9,383 84,000 2028
8 $20,815 24.44% $6,733 96,000 2029
9 $21,212 23.00% $6,336 108,000 2030
10 $21,487 22.00% $6,061 120,000 2031

Mitsubishi Outlander Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,667 72.17% $19,881
2 $8,917 67.63% $18,631
3 $10,355 62.41% $17,193
4 $12,983 52.87% $14,565
5 $14,625 46.91% $12,923
6 $15,421 44.02% $12,127
7 $18,165 34.06% $9,383
8 $20,815 24.44% $6,733
9 $21,212 23.00% $6,336
10 $21,487 22.00% $6,061

Buying a Mitsubishi Outlander New vs Used

If you purchase a used Mitsubishi Outlander that is 2 years old, then you could save $8,917 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 $5,708. 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 models become available.

What About Mitsubishi Outlander Insurance Costs?

The average cost to insure a Mitsubishi Outlander is about $1,787 per year. This adds up to around $8,935 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. 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

The 2020 Mitsubishi Outlander is our top pick for the best model year value for the Outlander. With the 2020, you would only pay, on average, 72% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the Outlander, and provide a relatively good value. Our rankings consider multiple factors, including the Outlander'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 models.

Mitsubishi Outlander Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $27,548 $27,548 $243 $0 0% 100%
2020 $26,817 $19,640 $285 $7,908 28.71% 72.17% Best
2019 $25,356 $17,501 $352 $2,139 10.89% 67.63% Better
2018 $24,028 $15,454 $459 $2,047 11.7% 62.41% Good
2017 $26,996 $14,822 $548 $632 4.09% 52.87% Better
2016 $26,546 $13,143 $689 $1,679 11.33% 46.91% Good
2015 $25,267 $12,096 $973 $1,047 7.97% 44.02%
2014 $24,859 $9,554 $1,086 $2,542 21.02% 34.06%
2013 $24,404 $7,156 $1,191 $2,398 25.1% 24.44%
2012 $24,590 $5,656 $1,347 $1,500 20.96% 23%
2011 $24,370 $5,361 $1,367 $295 5.22% 22%
2010 $24,381 $6,576 $1,534 +$1,215 -22.66% 20.68%
2009 $22,666 $6,288 $1,776 $288 4.38% 19.91%
Year Price % Paid Value Rank
2021 $27,548 100%
2020 $19,640 72.17% Best
2019 $17,501 67.63% Better
2018 $15,454 62.41% Good
2017 $14,822 52.87% Better
2016 $13,143 46.91% Good
2015 $12,096 44.02%
2014 $9,554 34.06%
2013 $7,156 24.44%
2012 $5,656 23%
2011 $5,361 22%
2010 $6,576 20.68%
2009 $6,288 19.91%

Mitsubishi Outlander Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Mitsubishi Outlander ranks for Depreciation compared to other vehicles. Also check out how the Outlander stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Mitsubishi Outlander 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 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: