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What is a 2024 Mitsubishi Outlander worth?

Our estimate for a 2-year-old Mitsubishi Outlander in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 496 018
R 451 376 to R 540 660
Trade-in offer
R 436 496
what a dealer would pay
Cost new (est.)
R 682 819
2024 launch pricing
Value kept
73%
R 186 801 depreciated

The 2024 Outlander on its value curve

R0R175kR350kR525kR700kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 27% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 10% a year.

If you buy it now

Fair buy price (retail)R 496 018
Worth in 1 yearR 444 055
Worth in 3 yearsR 347 610
3-year cost of ownership (depreciation)R 148 408
±Monthly financedR 8 670/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 584 535See value →
2024 (this page)R 496 018+R 88 517 to newest
2023R 420 905+R 163 630 to newestSee value →

2024 Mitsubishi Outlander: common questions

What is a 2024 Mitsubishi Outlander worth in South Africa?

Around R 496 018 as a retail asking price, with clean low-mileage examples reaching R 540 660 and higher-mileage cars closer to R 451 376. A dealer trade-in offer would sit near R 436 496.

Is a 2024 Mitsubishi Outlander a good buy now?

It has already absorbed 27% of its new-car depreciation. If you buy at R 496 018 and keep it three years, expect it to shed roughly R 148 408 more. As a mainstream model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Mitsubishi Outlander cost new?

About R 682 819 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 73% of that.

What would financing a 2024 Mitsubishi Outlander cost monthly?

At R 496 018 over 72 months at 11.75% with 10% down, roughly R 8 670 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

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Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.