Used 2023 Mitsubishi Outlander for Sale nearLondon, ON

How much does the 2023 Mitsubishi Outlander cost?

Prices have softened 14.25% compared to this time last year, making it a favourable time to shop this model year.

There are 441 listings available, which gives you a decent amount of choice when comparing trims and prices.

Is the 2023 Mitsubishi Outlander a good car?

The 2023 Mitsubishi Outlander is a solid pick if you want a compact SUV with standard third-row seating and a more modern cabin than the previous generation. Its appeal is strongest if you value seven-seat practicality, an available plug-in hybrid, and a well-equipped interior over outright performance. The user rating is 3.67/5.

That said, the third row is very small, so it works best for young children, and the gas model is tuned more for comfort than speed. With 29.7% of listings marked as good or great deals, you have some room to shop carefully.

Is the 2023 Mitsubishi Outlander reliable?

The 2023 Mitsubishi Outlander is presented as a practical, comfort-focused compact SUV with a modern cabin and standard seven-seat layout. It also offers an available plug-in hybrid version, which broadens its appeal if you want more flexibility in how you drive.

For used buyers, the main long-term ownership risk is that accelerated depreciation can weigh on value retention, so resale expectations should stay realistic.

Is now a good time to buy a used 2023 Mitsubishi Outlander?

This looks like a moderate buyer’s market, so you can be selective and still find worthwhile options.

• Deal availability: 29.7% of listings are priced as good or great deals.
• Inventory: There are 441 listings available.
• Price trend: Prices have softened 14.25% compared with last year.

If you find a listing below $29,622 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Mitsubishi Outlander's resale value?

The current average of $29,622 CAD sits slightly below last year's $34,544 CAD.

That drop suggests the Outlander is still under pressure on the used market, which can make it more attractive to buyers today. For a future seller, it also means you should expect depreciation to remain a meaningful factor. If you buy at the right price now, you may reduce the sting of that decline later.

Should I buy a 2023 Mitsubishi Outlander or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 29.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.25% compared with last year.

Consider the 2022 if:

• At $26,159 CAD, the 2022 costs less than the current year's $29,622 CAD average.
• It feels like a meaningful step forward with a more polished overall design.

The bottom line: The 2023 is the better choice if you want the newer cabin, standard seven-seat layout, and broader appeal of the updated model year. If your priority is saving money, the 2022 is the smarter path, especially if you can live with its older setup and want a lower entry price.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.