Used 2020 Mitsubishi Outlander for Sale nearNewmarket, ON

How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 17.51% compared to this time last year, making it a favourable time to shop this model year.

There are 69 listings available, which suggests a modest amount of inventory for shoppers to compare.

Is the 2020 Mitsubishi Outlander a good car?

Yes — with a 5/5 user rating, it lands well for shoppers who want an affordable used SUV with seven-seat capability. The Outlander stands out in the compact SUV class because it offers a third row of seats, and it also leans into value and practicality with standard all-wheel drive in Canada on later models and a reputation for generous warranty coverage. For buyers who want an affordable used SUV with seven-seat capability, that combination is a major part of its appeal. 27.5% 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 appeal is rooted in practicality, with a comfortable ride, adequately poised handling, and a cabin that stays quiet for the most part. It also benefits from Mitsubishi’s long-running focus on value and practicality, plus a reputation for generous warranty coverage. For used buyers, the main long-term ownership risk is that the four-cylinder version was described as noticeably underpowered and its engine and CVT combination could sound loud and unrefined.

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 patiently and still find worthwhile options.

• Deal availability: 27.5% of listings are priced as good or great deals.
• Inventory: There are 69 listings available.
• Price trend: Prices have softened 17.51% compared with last year.

If you find a listing below $17,647 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 $17,872 CAD sits slightly below last year's $21,666 CAD.

That drop suggests the Outlander has become more accessible on the used market, which can help you buy in at a lower entry point. For a future seller, the same softer pricing means resale gains may be limited unless the vehicle is especially well equipped or exceptionally well kept. The model’s value-focused reputation can still support demand, especially among shoppers looking for seven-seat flexibility and all-wheel drive.

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:

• 27.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.51% 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 a practical, value-oriented compact SUV with available seven-seat flexibility and you like the current pricing. If you’re more price-sensitive, a nearby year may still work well, but the 2020 is the cleaner choice when you want the strongest mix of affordability, inventory, and buyer satisfaction.

How does the 2020 Mitsubishi Outlander compare to the 2020 Honda CR-V?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.