Mitsubishi Outlander Depreciation

A Mitsubishi Outlander will depreciate 53% after 5 years and have a 5 year resale value of $12,556.

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 $26,817 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 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,122 77.17% $20,695 13,500 2021
2 $7,265 72.91% $19,552 27,000 2022
3 $11,210 58.20% $15,607 40,500 2023
4 $12,738 52.50% $14,079 54,000 2024
5 $14,261 46.82% $12,556 67,500 2025
6 $16,222 39.51% $10,595 81,000 2026
7 $18,557 30.80% $8,260 94,500 2027
8 $19,123 28.69% $7,694 108,000 2028
9 $20,705 22.79% $6,112 121,500 2029
10 $21,164 21.08% $5,653 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,122 77.17% $20,695
2 $7,265 72.91% $19,552
3 $11,210 58.20% $15,607
4 $12,738 52.50% $14,079
5 $14,261 46.82% $12,556
6 $16,222 39.51% $10,595
7 $18,557 30.80% $8,260
8 $19,123 28.69% $7,694
9 $20,705 22.79% $6,112
10 $21,164 21.08% $5,653

Mitsubishi Outlander Depreciation Calculator

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If you purchase a used Mitsubishi Outlander that is 2 years old, then you could save $7,265 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 $6,996. 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, 58% 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 $196 $0 0% 100%
2019 $25,356 $19,802 $235 $7,015 26.16% 77.17% Better
2018 $24,028 $17,827 $309 $1,975 9.97% 72.91%
2017 $26,996 $16,134 $421 $1,693 9.5% 58.2% Best
2016 $26,546 $14,430 $494 $1,704 10.56% 52.5% Better
2015 $25,267 $12,473 $644 $1,957 13.56% 46.82% Good
2014 $24,859 $10,738 $916 $1,735 13.91% 39.51%
2013 $24,404 $8,561 $1,045 $2,177 20.27% 30.8% Good
2012 $24,590 $8,187 $1,131 $374 4.37% 28.69%
2011 $24,370 $6,855 $1,302 $1,332 16.27% 22.79%
2010 $24,381 $7,082 $1,339 +$227 -3.31% 23.56%
2009 $22,666 $5,923 $1,544 $1,159 16.37% 19.32%
2008 $22,004 $5,586 $1,835 $337 5.69% 17.05%
Year Price % Paid Value Rank
2020 $26,817 100%
2019 $19,802 77.17% Better
2018 $17,827 72.91%
2017 $16,134 58.2% Best
2016 $14,430 52.5% Better
2015 $12,473 46.82% Good
2014 $10,738 39.51%
2013 $8,561 30.8% Good
2012 $8,187 28.69%
2011 $6,855 22.79%
2010 $7,082 23.56%
2009 $5,923 19.32%
2008 $5,586 17.05%
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 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.