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Mainstreamlarge 4x4 SUVNo longer sold new

Mitsubishi Pajero value and depreciation

Known for dakar pedigree and cheap used 4x4 ability.

Year-1 depreciation
17%
3-year retention
68%
5-year retention
55%
Tier
Mainstream

Depreciation curve

R0R25R50R75R100Now1y2y3y4y5y6y7y8y9y10yYears from now

We class the Mitsubishi Pajero as a mainstream in our 12-tier model, which puts its retention at roughly 68% after three years and 55% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.

Retention table

AfterRetained
1 year83%
3 years68%
5 years55%
7 years44%
10 years30%

Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.

A serious off-roader with 12 Dakar Rally wins behind the nameplate, the Pajero was sold in South Africa in short and long wheelbase form until the end of 2021. Local sales closed out with the Legend 100 limited run when global production stopped. Used values are modest for the capability on offer, which makes it a favourite with overlanders on a budget.

Pajero against its rivals

Mitsubishi Pajero: common questions

Does the Mitsubishi Pajero hold its value?

We class the Mitsubishi Pajero as a mainstream in our 12-tier model, which puts its retention at roughly 68% after three years and 55% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.

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All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.