Mitsubishi Outlander Resale Value and Depreciation
See how much the Mitsubishi Outlander depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Mitsubishi Outlander depreciates 51.1 percent after five years, resulting in a resale value of $14,482. In comparison, the compact SUV category, which the Mitsubishi Outlander belongs to, loses 44.1 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 49 percent and for all vehicles is 45.5 percent.
If you plan to drive a new Mitsubishi Outlander for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Mitsubishi Outlander sees a depreciation of 34 percent with a resale value of $19,554. Its 7-year depreciation is 60.3 percent and 10-year depreciation is 69.6 percent.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Mitsubishi Outlander depreciates 51.1 percent after five years, resulting in a resale value of $14,482. In comparison, the compact SUV category, which the Mitsubishi Outlander belongs to, loses 44.1 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 49 percent and for all vehicles is 45.5 percent.
If you plan to drive a new Mitsubishi Outlander for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Mitsubishi Outlander sees a depreciation of 34 percent with a resale value of $19,554. Its 7-year depreciation is 60.3 percent and 10-year depreciation is 69.6 percent.
Mitsubishi Outlander Depreciation After 3, 5, 7 and 10 Years
Mitsubishi Outlander Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.340379662 |
10090.55507999 |
0.659620338 |
19554.44492001 |
|
5 Years |
0.511478765 |
15162.787988425 |
0.488521235 |
14482.212011575 |
|
7 Years |
0.602776474 |
17869.30857173 |
0.397223526 |
11775.69142827 |
|
10 Years |
0.6955613132 |
20619.915129814 |
0.3044386868 |
9025.084870186 |
Mitsubishi Outlander Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Mitsubishi Outlander |
0.340379662 |
0.511478765 |
0.602776474 |
0.6955613132 |
|
All Compact SUVs |
0.290055370744869 |
0.4414584033694962 |
0.5490783219021784 |
0.6623739196510451 |
|
All SUVs |
0.330995001164211 |
0.4897264686520613 |
0.6004698500235992 |
0.7078944428085 |
|
All Cars |
0.3165179968413209 |
0.4545119881897068 |
0.5646277219298009 |
0.673588353813038 |
Methodology
iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car's automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.