Mitsubishi Outlander Depreciation

A Mitsubishi Outlander will depreciate 54% after 5 years and have a 5 year resale value of $12,459.

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. It also assumes a selling price of $26,817 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,938 74.13% $19,879 13,500 2021
2 $7,541 71.88% $19,276 27,000 2022
3 $11,462 57.26% $15,355 40,500 2023
4 $13,323 50.32% $13,494 54,000 2024
5 $14,358 46.46% $12,459 67,500 2025
6 $16,509 38.44% $10,308 81,000 2026
7 $18,705 30.25% $8,112 94,500 2027
8 $19,043 28.99% $7,774 108,000 2028
9 $20,239 24.53% $6,578 121,500 2029
10 $20,384 23.99% $6,433 135,000 2030

Mitsubishi Outlander Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,938 74.13% $19,879
2 $7,541 71.88% $19,276
3 $11,462 57.26% $15,355
4 $13,323 50.32% $13,494
5 $14,358 46.46% $12,459
6 $16,509 38.44% $10,308
7 $18,705 30.25% $8,112
8 $19,043 28.99% $7,774
9 $20,239 24.53% $6,578
10 $20,384 23.99% $6,433

Mitsubishi Outlander Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Mitsubishi Outlander that is 2 years old, then you could save $7,541 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 $6,817. 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 2017 Mitsubishi Outlander is our top pick for the best model year value for the Outlander. With the 2017, you would only pay, on average, 57% of the price as new, with 75% of the vehicle's useful life remaining. The 2019 and 2016 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
2020 $26,817 $26,817 $249 $0 0% 100%
2019 $25,356 $19,086 $289 $7,731 28.83% 74.13% Better
2018 $24,028 $17,634 $362 $1,452 7.61% 71.88%
2017 $26,996 $15,933 $474 $1,701 9.65% 57.26% Best
2016 $26,546 $13,905 $548 $2,028 12.73% 50.32% Better
2015 $25,267 $12,435 $697 $1,470 10.57% 46.46% Good
2014 $24,859 $10,526 $970 $1,909 15.35% 38.44% Good
2013 $24,404 $8,480 $1,099 $2,046 19.44% 30.25%
2012 $24,590 $8,313 $1,185 $167 1.97% 28.99%
2011 $24,370 $7,332 $1,355 $981 11.8% 24.53%
2010 $24,381 $7,243 $1,393 $89 1.21% 23.99%
2009 $22,666 $6,580 $1,598 $663 9.15% 21.98%
2008 $22,004 $6,317 $1,888 $263 4% 20.13%
Year Price % Paid Value Rank
2020 $26,817 100%
2019 $19,086 74.13% Better
2018 $17,634 71.88%
2017 $15,933 57.26% Best
2016 $13,905 50.32% Better
2015 $12,435 46.46% Good
2014 $10,526 38.44% Good
2013 $8,480 30.25%
2012 $8,313 28.99%
2011 $7,332 24.53%
2010 $7,243 23.99%
2009 $6,580 21.98%
2008 $6,317 20.13%

Considering financing? Try our Mitsubishi Outlander Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down.

Mitsubishi Outlander Review

Mitsubishi Outlander Photos

Our Favorite Mitsubishi Outlander 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.