Mitsubishi Outlander depreciation: value by age
Value kept after 3 years
69%
- Loses 31% in 3 years.
- 2023 ES 2WD. New: $29,715. Now: $20,400.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | ES FWD | $30,515 | $21,000 | KBB fair price | 69% | $9,515 | $4,758 |
| 2023 | 3 | ES 2WD | $29,715 | $20,400 | KBB fair price | 69% | $9,315 | $3,105 |
| 2022 | 4 | ES 2WD | $28,500 | $18,300 | KBB fair price | 64% | $10,200 | $2,550 |
| 2020 | 6 | ES 2WD | $26,235 | $11,150 | KBB fair price | 43% | $15,085 | $2,514 |
| 2019 | 7 | ES 2WD | $25,890 | $10,800 | KBB fair price | 42% | $15,090 | $2,156 |
| 2018 | 8 | ES 2WD | $25,040 | $9,425 | KBB fair price | 38% | $15,615 | $1,952 |
| 2017 | 9 | ES 2WD | $24,490 | $8,950 | KBB fair price | 37% | $15,540 | $1,727 |
| 2016 | 10 | ES 2WD | $23,890 | $7,575 | KBB fair price | 32% | $16,315 | $1,632 |
| 2015 | 11 | ES 2WD | $24,045 | $6,500 | KBB fair price | 27% | $17,545 | $1,595 |
| 2014 | 12 | ES 2WD | $23,820 | $5,525 | KBB fair price | 23% | $18,295 | $1,525 |
| 2013 | 13 | ES 2WD | $23,520 | $4,550 | KBB fair price | 19% | $18,970 | $1,459 |
| 2012 | 14 | ES 2WD | $23,155 | $4,025 | KBB fair price | 17% | $19,130 | $1,366 |
| 2011 | 15 | ES 2WD | $22,775 | $3,525 | KBB fair price | 15% | $19,250 | $1,283 |
| 2010 | 16 | ES 2WD | $21,580 | $3,325 | KBB fair price | 15% | $18,255 | $1,141 |
| 2009 | 17 | ES 2WD | $20,905 | $3,300 | KBB fair price | 16% | $17,605 | $1,036 |
- Biggest drop
- New to age 2: $4,758 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $25,096 | $22,959 | $19,350 | $17,292 | $15,479 |
| 2023 | $29,715 | $22,070 | $19,560 | $18,850 | $16,490 | $14,671 |
| 2022 | $23,210 | $21,384 | $18,597 | $16,900 | $14,751 | $13,040 |
| 2020 | $16,546 | $13,703 | $11,995 | $10,000 | $8,227 | $6,764 |
| 2019 | $13,775 | $10,989 | $8,639 | $9,675 | $7,809 | $6,265 |
| 2018 | $11,496 | $8,881 | $6,808 | $8,475 | N/A | N/A |
| 2017 | $9,547 | $7,455 | $5,828 | $8,050 | N/A | N/A |
| 2016 | $7,786 | $7,002 | $5,487 | $6,700 | N/A | N/A |
| 2015 | $6,588 | $6,826 | $6,396 | $5,725 | N/A | N/A |
| 2014 | $6,117 | $6,200 | $5,957 | $4,850 | N/A | N/A |
| 2013 | $5,640 | $5,451 | $5,364 | $3,925 | N/A | N/A |
| 2012 | $5,446 | $5,217 | $5,086 | $3,500 | N/A | N/A |
| 2011 | $4,464 | $4,301 | $4,199 | $3,025 | N/A | N/A |
| 2010 | $4,221 | $4,063 | $3,970 | $2,900 | N/A | N/A |
| 2009 | $3,956 | $3,853 | $3,761 | $2,875 | N/A | N/A |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate