Used 2023 Mitsubishi Outlander for Sale near Newfoundland and Labrador

How much does the 2023 Mitsubishi Outlander cost?

Prices have softened 12.44% compared to this time last year, making it a favourable time to shop this model year.

There are 452 listings available, which gives you a reasonable amount of inventory to compare.

Is the 2023 Mitsubishi Outlander a good car?

The 2023 Mitsubishi Outlander is a practical choice if you want a compact SUV with seven-seat flexibility and available advanced features, though it is best suited to buyers who value versatility over outright performance. Its user rating is 3.67/5, which suggests a mixed but workable ownership experience.

The Outlander’s appeal comes from its standard third row, more substantial styling, and modern cabin layout with an available digital instrument panel and larger touchscreen. It is especially relevant if you want a family-focused SUV that stands apart from the usual five-seat formula.

There are 27.7% of listings priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Mitsubishi Outlander reliable?

The 2023 Mitsubishi Outlander is positioned as a comfort-oriented compact SUV with standard all-wheel drive in Canada and a cabin that stays pleasantly quiet for much of the drive. It is also described as practical and well equipped, with available driver-assistance technology and a plug-in hybrid option that broadens its appeal.

Its main drawbacks are the modest performance from the four-cylinder model, a less polished feel than some rivals, and accelerated depreciation. For used buyers, that means long-term ownership risk is more about value retention and everyday refinement than about standout performance.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient and compare listings carefully.

• Deal availability: 27.7% of listings are priced as good or great deals.
• Inventory: There are 452 listings available.
• Price trend: Prices have softened 12.44% compared with last year.

If you find a listing below $29,604 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 $29,792 CAD sits slightly below last year's $34,025 CAD.

That decline suggests the Outlander has already absorbed a meaningful amount of depreciation, which can help you as a buyer today. If you plan to sell later, the same trend means you should expect resale values to remain sensitive to market conditions and trim desirability.

For a future seller, the upside is that the current pricing may leave less room for dramatic further drops than a newer, more expensive SUV. The downside is that this model’s value retention is not especially strong, so condition and equipment will matter a lot when it is time to list it.

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:

• 27.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.44% compared with last year.

Consider the 2022 if:

• At $25,898 CAD, the 2022 costs less than the current year's $29,792 CAD average.
• The 2022 feels like a fresh, modern return to competitiveness.

The bottom line:
Choose the 2023 if you want the newer model-year pricing context and are focused on seven-seat flexibility, available plug-in hybrid efficiency, and a more modern cabin. If your priority is saving money upfront, the 2022 is the better value path, especially if you are comfortable with its tighter third-row and cargo compromises.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.