Mitsubishi Outlander Depreciation

A Mitsubishi Outlander will depreciate 51% after 5 years and have a 5 year resale value of $13,518.

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 $6,355 76.93% $21,193 12,000 2022
2 $7,802 71.68% $19,746 24,000 2023
3 $9,355 66.04% $18,193 36,000 2024
4 $12,165 55.84% $15,383 48,000 2025
5 $14,030 49.07% $13,518 60,000 2026
6 $15,358 44.25% $12,190 72,000 2027
7 $17,135 37.80% $10,413 84,000 2028
8 $19,347 29.77% $8,201 96,000 2029
9 $19,920 27.69% $7,628 108,000 2030
10 $20,741 24.71% $6,807 120,000 2031

Mitsubishi Outlander Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,355 76.93% $21,193
2 $7,802 71.68% $19,746
3 $9,355 66.04% $18,193
4 $12,165 55.84% $15,383
5 $14,030 49.07% $13,518
6 $15,358 44.25% $12,190
7 $17,135 37.80% $10,413
8 $19,347 29.77% $8,201
9 $19,920 27.69% $7,628
10 $20,741 24.71% $6,807

Buying a Mitsubishi Outlander New vs Used

If you purchase a used Mitsubishi Outlander that is 2 years old, then you could save $7,802 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 $6,228. 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.

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, 77% 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 $251 $0 0% 100%
2020 $26,817 $20,919 $290 $6,629 24.06% 76.93% Best
2019 $25,356 $18,539 $364 $2,380 11.38% 71.68% Better
2018 $24,028 $16,345 $476 $2,194 11.83% 66.04% Good
2017 $26,996 $15,625 $550 $720 4.41% 55.84% Better
2016 $26,546 $13,726 $699 $1,899 12.15% 49.07% Good
2015 $25,267 $12,151 $971 $1,575 11.47% 44.25%
2014 $24,859 $10,498 $1,101 $1,653 13.6% 37.8%
2013 $24,404 $8,451 $1,186 $2,047 19.5% 29.77%
2012 $24,590 $8,167 $1,357 $284 3.36% 27.69%
2011 $24,370 $7,415 $1,394 $752 9.21% 24.71%
2010 $24,381 $7,374 $1,599 $41 0.55% 23.69%
2009 $22,666 $6,231 $1,890 $1,143 15.5% 19.15%
Year Price % Paid Value Rank
2021 $27,548 100%
2020 $20,919 76.93% Best
2019 $18,539 71.68% Better
2018 $16,345 66.04% Good
2017 $15,625 55.84% Better
2016 $13,726 49.07% Good
2015 $12,151 44.25%
2014 $10,498 37.8%
2013 $8,451 29.77%
2012 $8,167 27.69%
2011 $7,415 24.71%
2010 $7,374 23.69%
2009 $6,231 19.15%

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: