2022 Mitsubishi Outlander plug-in hybrid vs gas: is the plug-in worth it?

PHEV SEL 4WD vs SEL 4WD

No. Does not pay back in 6 years.

8.7years to pay back

Plug-in: $2,350 more. Saves $269 a year.
Break-even: 104,700 miles.
12,000 miles a year. Gas $3.20. Electricity 17 cents a kWh. Plug-ins: 50% of miles on electricity.

Bars: total energy saving after each year. Dashed line: the $2,350 price gap. Orange bar: the saving passes the gap.

Every plug-in pair

2022 Mitsubishi Outlander plug-in hybrid vs gas: every pair
Pair	MSRP	Rating	Energy a year	Price gap	Saves a year	Payback	Ahead after 6 years
PHEV SEL 4WD SEL 4WD	$36,995 $34,645	26 mpg, 46 kWh/100 mi 26 mpg	$1,208 $1,477	$2,350	$269	8.7 years	Gas, $734
Plug-in Hybrid SEL S-AWC ES 2WD	$36,995 $26,995	26 mpg, 46 kWh/100 mi 27 mpg	$1,208 $1,422	$10,000	$215	46.6 years	Gas, $8,713
PHEV LE 4WD ES S-AWC 4WD	$38,695 $28,795	26 mpg, 46 kWh/100 mi 26 mpg	$1,208 $1,477	$9,900	$269	36.8 years	Gas, $8,284
Plug-in Hybrid LE S-AWC ES 2WD	$38,695 $26,995	26 mpg, 46 kWh/100 mi 27 mpg	$1,208 $1,422	$11,700	$215	54.5 years	Gas, $10,413
PHEV GT 4WD ES S-AWC 4WD	$42,695 $28,795	26 mpg, 46 kWh/100 mi 26 mpg	$1,208 $1,477	$13,900	$269	51.6 years	Gas, $12,284
Plug-in Hybrid GT S-AWC ES 2WD	$42,695 $26,995	26 mpg, 46 kWh/100 mi 27 mpg	$1,208 $1,422	$15,700	$215	73.2 years	Gas, $14,413

PHEV SEL 4WD vs SEL 4WD: other differences
Measure	Plug-in	Gas	Change
Torque	147 lb-ft	181 lb-ft	-34 lb-ft
Max towing	1,500 lb	2,000 lb	-500 lb
Cargo, seats up	30.4 cu ft	11.7 cu ft	+18.7 cu ft

Incentives, insurance, upkeep and resale are not included.

Your own mpg will differ.