Used 2020 Mitsubishi Outlander for Sale nearAjax, ON

How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 17.23% 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 modest amount of inventory to compare before you buy.

Is the 2020 Mitsubishi Outlander a good car?

Yes — the 2020 Mitsubishi Outlander earns a 5/5 user rating, which points to strong owner satisfaction. It stands out in the compact SUV class because it offers a third row of seating, giving you seven-seat flexibility that can be useful for school carpools and short trips. Its straightforward, family-friendly layout and practical use case make it appealing if you want more seating than the usual five-seat formula. 38.2% of listings are priced as good or great deals, which suggests there are still worthwhile opportunities in the market.

Is the 2020 Mitsubishi Outlander reliable?

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

The 2020 Outlander’s strengths include its good safety results and relatively sporty handling for the class, while its weaknesses include an underpowered four-cylinder engine, a loud cabin when the engine is working hard, and faster-than-average depreciation. For used buyers, that means reliability may be less about outright mechanical drama and more about how well the vehicle has been maintained over time.

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 and still find value if you move on the right listing.

• Deal availability: 38.2% of listings are priced as good or great deals.
• Inventory: There are 89 listings available.
• Price trend: Prices have softened 17.23% compared with last year.

If you find a listing below $18,393 CAD, 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 $18,437 CAD sits slightly below last year's $22,274 CAD.

That drop suggests the Outlander has already absorbed a meaningful amount of depreciation, which can be a mixed signal for future resale. If you buy at the right price, you may have less downside left than a buyer who paid closer to last year’s average. On the other hand, the model’s faster depreciation versus top rivals means you should be realistic about how quickly it may lose value after purchase.

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:

• 38.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.23% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line: The 2020 Outlander makes the most sense if you want the extra seating flexibility, a practical family layout, and a market that has already moved lower in price. If your priority is value and you can find one near the low end of the range, this is the year to focus on. If you are especially price-sensitive, you may want to compare nearby model years and choose whichever one gives you the best combination of condition, equipment, and asking price.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.