New Mitsubishi RVR for Sale nearRed Deer, AB

How much does the Mitsubishi RVR cost in today's market?

Used Mitsubishi RVR prices span a wide range depending on model year. Here's what the market looks like right now:

The Mitsubishi RVR's current nationwide average price is $20,275 CAD, and its lowest point over the past year was $20,036 CAD. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Mitsubishi RVR a good car?

Mostly yes — the Mitsubishi RVR earns a solid all-generations owner rating, and the strongest model years in the data sit in the mid-range of owner feedback. The 2016 and 2021 model years also show owner ratings at the upper and lower ends of the range, which points to a mixed but generally acceptable ownership experience.

The all-generations owner rating is 3.5/5 across every model year in the data.

31.5% of listings are priced as good or great deals.

Are Mitsubishi RVR models reliable?

Owners consistently give the Mitsubishi RVR ratings that stay in a fairly tight band, which suggests a familiar ownership experience across the model range. The available expert and owner feedback points to a vehicle that many shoppers can approach with confidence when they focus on well-kept examples.

• Owners rate the Mitsubishi RVR between 3.0 and 4.0 out of 5 stars across all model years in the data.

For long-term ownership, used buyers should focus on service history and condition, since those factors matter most when you plan to keep the vehicle for several years.

What Mitsubishi RVR do most buyers choose?

The Mitsubishi RVR years with the most listings are 2024, 2023, and 2025.

Higher-volume model years usually attract more shoppers because they give you more choice on trim, colour, mileage, and price. They also tend to be easier to compare side by side, which helps you shop with more confidence.

What is the Mitsubishi RVR's resale value?

Most model years are down year over year, and several recent ones show double-digit declines. That creates a favourable setup for used buyers who want newer examples at lower prices than they were a year ago. The smallest changes are concentrated in the older end of the range, where prices have moved only slightly.

The 2014 model year is holding steady, with prices close to flat year-over-year.

The 2014, 2018, and 2019 model years have held their value best, with the smallest year-over-year price changes.

Should I buy a used Mitsubishi RVR now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −11.83% versus a year ago, and the 2024 model is at −16.72%.
• Deal availability: The 2025 model has 31.5% good and great deals, and the 2024 model has 32.2%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $24,114 CAD.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the newest version, it may be worth waiting for the next model year's inventory to build up.

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