Used 2020 Mitsubishi Outlander for Sale nearChicago, IL

How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 10.90% compared to this time last year, making it a favorable time to shop this model year.

There are 336 listings available, which suggests you have some room to compare prices and condition across the market.

If you find a listing below $13,281.55, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Mitsubishi Outlander a good car?

Yes — the 2020 Mitsubishi Outlander earns a 5/5 user rating, which points to strong owner satisfaction.

It stands out in the compact SUV class because it still offered a third row of seats, giving you seven-passenger flexibility in a smaller and more affordable package. It also came with a generous 10-year/100,000-mile powertrain warranty, and its value proposition was helped by a useful feature set and lower pricing than some rivals.

For you, that means the Outlander makes the most sense if you want a practical, budget-conscious SUV with extra seating flexibility rather than a more polished or powerful alternative.

27.7% of listings are priced as good or great deals, which gives you a decent chance to find a competitive offer.

Is the 2020 Mitsubishi Outlander reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The 2020 Outlander’s value proposition was helped by its relatively trouble-free track record and its long powertrain warranty, both of which support confidence in used ownership. At the same time, the four-cylinder models were described as underpowered, so reliability-minded buyers should still make sure the specific vehicle you choose has been maintained well.

For used buyers, the main long-term risk is less about outright durability and more about ending up with a vehicle whose condition or maintenance history doesn’t match its appealing ownership story.

What should I look for when buying a used 2020 Mitsubishi Outlander?

At 63.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean examples from those with past damage. After that, prioritize a thorough inspection of body panels, paint consistency, and signs of uneven wear, since condition matters more when you’re shopping a model with a mixed accident history. Focus especially on the overall state of the vehicle rather than just the asking price.

Is now a good time to buy a used 2020 Mitsubishi Outlander?

This is a moderate, selective buyer’s market, so you can shop patiently but still move quickly on the right listing.

• Deal availability: 27.7% of listings are priced as good or great deals.
• Inventory: There are 336 listings available.
• Price trend: Prices have softened 10.90% compared with last year.
• Clean inventory: 63.7% of listings are accident-free.

If you find a listing below $13,281.55, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Mitsubishi Outlander's resale value?

The current average of $13,296 sits slightly below last year's $14,923.

That decline suggests the Outlander has been losing value faster than a stronger-retaining model, which matters if you plan to sell in a few years. For you, that means resale expectations should stay conservative, especially if you buy at the higher end of the market today. The upside is that lower entry pricing can help offset some of that depreciation if you keep your purchase price disciplined.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 Mitsubishi Outlander or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 27.7% of listings are priced as good or great deals.
• At 63.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 10.90% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line:

You should focus on the 2020 if you want the best mix of value, seven-passenger flexibility, and used-market affordability in this generation. If your priority is simply the lowest possible purchase price, a nearby model year may be worth comparing, but the 2020 remains the better all-around choice when you want the strongest combination of features and market support.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.