Mitsubishi Outlander Depreciation

A Mitsubishi Outlander will depreciate 53% after 5 years and have a 5 year resale value of $12,515.

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, 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 $6,879 74.35% $19,938 13,500 2021
2 $7,482 72.10% $19,335 27,000 2022
3 $11,408 57.46% $15,409 40,500 2023
4 $13,269 50.52% $13,548 54,000 2024
5 $14,302 46.67% $12,515 67,500 2025
6 $16,450 38.66% $10,367 81,000 2026
7 $18,646 30.47% $8,171 94,500 2027
8 $18,984 29.21% $7,833 108,000 2028
9 $20,182 24.74% $6,635 121,500 2029
10 $20,322 24.22% $6,495 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,879 74.35% $19,938
2 $7,482 72.10% $19,335
3 $11,408 57.46% $15,409
4 $13,269 50.52% $13,548
5 $14,302 46.67% $12,515
6 $16,450 38.66% $10,367
7 $18,646 30.47% $8,171
8 $18,984 29.21% $7,833
9 $20,182 24.74% $6,635
10 $20,322 24.22% $6,495

Mitsubishi Outlander Depreciation Calculator

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If you purchase a used Mitsubishi Outlander that is 2 years old, then you could save $7,482 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 $6,820. 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 $196 $0 0% 100%
2019 $25,356 $19,086 $235 $7,731 28.83% 74.35% Better
2018 $24,028 $17,634 $309 $1,452 7.61% 72.1%
2017 $26,996 $15,933 $421 $1,701 9.65% 57.46% Best
2016 $26,546 $13,905 $494 $2,028 12.73% 50.52% Better
2015 $25,267 $12,435 $644 $1,470 10.57% 46.67% Good
2014 $24,859 $10,526 $916 $1,909 15.35% 38.66% Good
2013 $24,404 $8,480 $1,045 $2,046 19.44% 30.47%
2012 $24,590 $8,313 $1,131 $167 1.97% 29.21%
2011 $24,370 $7,332 $1,302 $981 11.8% 24.74%
2010 $24,381 $7,243 $1,339 $89 1.21% 24.22%
2009 $22,666 $6,580 $1,544 $663 9.15% 22.22%
2008 $22,004 $6,317 $1,835 $263 4% 20.37%
Year Price % Paid Value Rank
2020 $26,817 100%
2019 $19,086 74.35% Better
2018 $17,634 72.1%
2017 $15,933 57.46% Best
2016 $13,905 50.52% Better
2015 $12,435 46.67% Good
2014 $10,526 38.66% Good
2013 $8,480 30.47%
2012 $8,313 29.21%
2011 $7,332 24.74%
2010 $7,243 24.22%
2009 $6,580 22.22%
2008 $6,317 20.37%
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.