How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 11.77% compared to this time last year, making it a favorable time to shop this model year.

There are 343 listings available, which suggests you should have some room to compare prices and conditions.

If you find a listing below $13,278.23, 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 approval. It stands out for offering a third row of seats in a compact SUV, giving you seven-passenger flexibility in a smaller and more affordable package. It also brings a standard eight-inch touchscreen on most trims, available all-wheel drive, and a value-focused setup that can make sense if you want practical space without moving up to a larger SUV. 33.5% of listings are priced as good or great deals, which gives you a decent chance of finding 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 appeal is supported by its relatively trouble-free track record and a generous 10-year/100,000-mile powertrain warranty. That combination makes it easier to view as a lower-risk used purchase than many rivals in the same price range. For long-term ownership, your biggest risk is buying a neglected example, so condition and maintenance history matter more than the badge alone.

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

At 65.3% 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 pre-purchase inspection, especially if you’re considering a higher-mileage or lower-priced listing. Focus your condition check on signs of prior repair quality, uneven wear, and how well the interior and electronics have been maintained.

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

This looks like a moderate, selective buyer’s market, where you can shop carefully and still find worthwhile options.

• Deal availability: 33.5% of listings are priced as good or great deals.
• Inventory: There are 343 listings available.
• Price trend: Prices have softened 11.77% compared with last year.
• Clean inventory: 65.3% of listings are accident-free.

If you find a listing below $13,278.23, 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 $13,275 sits slightly below last year's $15,046.

That price movement suggests the Outlander has softened in the used market, which can work against you if you plan to sell in the near term. On the other hand, a lower entry price can help you buy in at a more favorable point, especially if you choose a clean, well-kept example. If you maintain the vehicle carefully, you can help offset some of the model’s weaker value retention.

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:

• 33.5% of listings are priced as good or great deals.
• At 65.3% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 11.77% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line:

If you want the strongest mix of value, seven-passenger flexibility, and a lower used price, the 2020 Outlander is the primary year to target. If you’re especially price-sensitive, you can broaden your search and compare nearby years, but you should still prioritize clean history and a thorough inspection over chasing the absolute lowest sticker price.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.