Used 2020 Mitsubishi Outlander for Sale nearNewmarket, ON

How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 16.74% compared to this time last year, making it a favourable time to shop this model year.

There are 88 listings available, which suggests you should have a reasonable amount of inventory to compare.

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 and seven-seat practicality, making it especially useful for school carpools and short family trips. Its straightforward, family-friendly layout adds to its appeal if you want more flexibility than the usual five-seat SUV formula. 35.2% of listings are priced as good or great deals, which gives you some room to shop selectively.

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 practical layout, relatively sporty handling for the class, and good safety results. Its weaknesses are harder to ignore, though, including an underpowered four-cylinder engine and a cabin that can get loud when the engine is working hard. For used buyers, that means reliability may be less about outright mechanical drama and more about whether you can live with its performance and refinement trade-offs 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 worthwhile options.

• Deal availability: 35.2% of listings are priced as good or great deals.
• Inventory: There are 88 listings available.
• Price trend: Prices have softened 16.74% compared with last year.

If you find a listing below $18,160 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 $18,160 CAD sits slightly below last year's $21,812 CAD.

That drop suggests the Outlander has already absorbed a meaningful amount of depreciation, which can be good news if you buy used and plan to keep it for a while. For a future seller, it also means resale value may remain under pressure unless market demand strengthens. The model’s practical seven-seat layout helps it stand out, but its faster depreciation compared with top rivals can still weigh on what you get back later.

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:

• 35.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 16.74% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line: If you want the most appealing mix of value, practicality, and owner satisfaction, the 2020 is the year to focus on. It makes the most sense if you want the Outlander’s uncommon seven-seat flexibility and can find a well-priced example. If you’re especially price-sensitive, you can also compare nearby years to see whether a lower asking price outweighs the 2020 model’s stronger market position.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.