Used 2020 Mitsubishi Outlander for Sale nearChicago, IL

How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 11.64% compared to this time last year, making it a favorable time to shop this model year.

There are 336 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $13,195.21, 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 5/5 user rating suggests strong owner approval for the 2020 Mitsubishi Outlander.

The 2020 Mitsubishi Outlander stands out because it still offered a third row of seats, which gives you seven-passenger flexibility in a smaller, more affordable SUV. It also came with a generous 10-year/100,000-mile powertrain warranty, and its value proposition was helped by a relatively trouble-free track record and lower pricing than some rivals. For you, that makes it a practical fit if you want compact-SUV size with extra seating and a lower entry price.

30.7% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2020 Mitsubishi Outlander reliable?

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

The 2020 Mitsubishi Outlander’s appeal was supported by its relatively trouble-free track record and its 10-year/100,000-mile powertrain warranty. That combination points to a used SUV that can make sense if you want a lower-cost option with a reputation for durability.

For used buyers, the main long-term ownership risk is that a bargain price can hide deferred maintenance, so condition and service history matter.

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

At 62.8% 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 ones with prior damage. After that, prioritize a pre-purchase inspection and focus on overall condition, especially signs of past repairs, uneven wear, or neglected maintenance. Because the Outlander’s value depends heavily on finding a well-kept example, the best purchase is usually the one with the cleanest history and the strongest documented care.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully without expecting every listing to be a standout deal.

• Deal availability: 30.7% of listings are priced as good or great deals.
• Inventory: There are 336 listings available.
• Price trend: Prices have softened 11.64% compared with last year.
• Clean inventory: 62.8% of listings are accident-free.

If you find a listing below $13,195.21, 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 $13,183 sits slightly below last year's $14,919.

That decline suggests the Outlander has softened in the used market, which can be a challenge if you plan to sell in the near future. On the other hand, lower current pricing can help you buy at a more favorable entry point today. If you keep the vehicle in strong condition and maintain it well, you can help protect its future appeal when it’s time to resell.

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:

• 30.7% of listings are priced as good or great deals.
• At 62.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 11.64% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line: If you want the best mix of value, seven-passenger flexibility, and a lower used price, the 2020 is the primary year to target. If you’re especially price-sensitive, you should still compare nearby years and focus on the cleanest, best-documented example rather than chasing the cheapest listing.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.