Used 2018 Mitsubishi Outlander for Sale nearWaterloo, ON

How much does the 2018 Mitsubishi Outlander cost?

Prices have softened 13.16% compared to this time last year, making it a favourable time to shop this model year.

There are 89 listings available, which gives you a reasonable amount of inventory to compare before you buy.

Is the 2018 Mitsubishi Outlander a good car?

Yes — the 2018 Mitsubishi Outlander earns a 4.5/5 user rating, which supports its appeal as a practical compact SUV. It stands out because it offers third-row seating, giving you seven-passenger flexibility that many rivals in this class do not. It also brings a conventional compact-SUV shape, available Apple CarPlay and Android Auto, and the kind of everyday utility that makes sense if you want a family hauler without moving up to a larger vehicle.

The market also shows 27.0% good or great deals, which suggests there are still worthwhile listings if you shop carefully.

Is the 2018 Mitsubishi Outlander reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

The 2018 Outlander also comes with the reassurance of strong safety results and Mitsubishi’s unusually generous powertrain warranty, both of which help support confidence in used ownership. Even so, you should still pay close attention to maintenance history and overall condition, since long-term ownership risk is always higher when you’re buying a used SUV.

Is now a good time to buy a used 2018 Mitsubishi Outlander?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient and compare listings carefully.

• Deal availability: 27.0% of listings are priced as good or great deals.
• Inventory: There are 89 listings available.
• Price trend: Prices have softened 13.16% compared with last year.

If you find a listing below $14,317 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2018 Mitsubishi Outlander's resale value?

The current average of $14,333 CAD sits slightly below last year's $16,506 CAD.

That decline suggests the Outlander is still a value-oriented buy, but it also means future sellers may face more depreciation pressure than owners of stronger-retaining rivals. If you buy one now, the lower entry price can help offset some of that resale risk. For a future seller, the key advantage is that you’re starting from a relatively affordable used price point, which can make ownership easier to justify.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2018 Mitsubishi Outlander or consider a different year?

If you're weighing the 2018 against nearby model years, here's how to think about it:

Choose the 2018 if:

• 27.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.16% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: The 2018 Outlander makes the most sense if you want a practical compact SUV with seven-seat flexibility and you value a lower used price more than class-leading refinement. If you’re price-sensitive, this year is worth a close look; if you want the strongest long-term value story, you may also want to compare nearby years before deciding.

How does the 2018 Mitsubishi Outlander compare to the 2018 Honda CR-V?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.