Used 2020 Mitsubishi Outlander for Sale near Ontario

How much does the 2020 Mitsubishi Outlander cost?

Prices have softened 16.54% compared to this time last year, making it a favourable time to shop this model year.

There are 75 listings available, which suggests a modest amount of inventory for shoppers to compare.

Is the 2020 Mitsubishi Outlander a good car?

Yes — the 2020 Mitsubishi Outlander earns a 5/5 user rating, and its appeal comes from practical strengths like third-row seating, standard all-wheel drive in Canada on later models, and a reputation for generous warranty coverage. It also makes sense if you want an affordable used SUV with seven-seat flexibility, and the available plug-in hybrid version adds an electrified option for short trips. The market shows 28.0% of listings as good or great deals, which gives you some room to shop carefully.

Is the 2020 Mitsubishi Outlander reliable?

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

The 2020 Outlander’s reliability story is tied to its practical, value-focused design and its comfortable, quiet cabin rather than standout performance. The four-cylinder engine and CVT combination were described as loud and unrefined, but the vehicle’s overall mission is straightforward and easy to understand for used buyers. For long-term ownership, you should still weigh the model’s history of trade-offs against the lower purchase price and the kind of use you expect from it.

Is now a good time to buy a used 2020 Mitsubishi Outlander?

This is a moderate market for selective buyers, so it makes sense to compare listings carefully and move quickly on the best-priced examples.

• Deal availability: 28.0% of listings are priced as good or great deals.
• Inventory: There are 75 listings available.
• Price trend: Prices have softened 16.54% compared with last year.

If you find a listing below $17,653 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 $17,899 CAD sits slightly below last year's $21,448 CAD.

That decline suggests the Outlander has become more affordable for used buyers, but it also means future sellers may need to price competitively to stand out. The current market still shows enough demand to support resale, especially for shoppers who want seven-seat flexibility and value-oriented ownership. If you buy well now, you may have a better chance of limiting depreciation 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:

• 28.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 16.54% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line: The 2020 Outlander is the better fit if you want a value-focused compact SUV with seven-seat flexibility and you can live with its modest performance. If your priority is stretching your budget as far as possible, a nearby model year may still be worth considering, but the 2020 is the cleaner choice when you want the latest version of this formula at a softened price.

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 10, 2026, CarGurus experts' opinions, and generative AI.