WORLD BEST

Car price tracker

Track car prices and stay informed on market trends with our comprehensive car pricing tool. See historical prices and compare models to make an informed decision on your next vehicle purchase. Find the best deal on your dream car today!
< Go back
Mitsubishi

Mitsubishi - Outlander (2008)

The Mitsubishi Outlander is a versatile compact crossover that has earned a reputation for practicality, comfort, and reliable performance over the years. Whether you’re eyeing a brand‑new model or contemplating a Mitsubishi Outlander price in the used market, this overview will help you understand what to expect in terms of cost, specifications, depreciation, and overall value.

In 2008, the Outlander entered its first generation, offering a fresh aesthetic and new features such as a two‑row 7‑seat configuration and a solid all‑wheel drive architecture. If you’re researching the Mitsubishi Outlander 2008 price or wondering what is a 2008 Mitsubishi Outlander worth, the following insights will clarify the realistic market positioning and help you make an informed decision.

  • Engine: 2.4‑L inline‑4 (MIVEC) producing 140 hp & 139 lb‑ft torque
  • Transmission: 5‑speed automatic (6‑speed available on some models)
  • Drivetrain: Front‑wheel drive (standard) or All‑Wheel Drive (AWD) optional
  • Fuel Type: Regular unleaded gasoline
  • Fuel Economy: EPA‑rated 20 mpg city / 24 mpg highway (AWD) / 21 / 25 (FWD)
  • Dimensions:
    • Overall Length: 169.7 in
    • Wheelbase: 107.4 in
    • Width: 71.5 in
    • Height: 67.5 in
  • Seating Capacity: 5 or 7 seats depending on trim
  • Cargo Space: 15.9 cu ft behind the third row, 51.4 cu ft with seats folded
  • Safety: 5-star NHTSA rating, Driver and Pass‐Through Airbag, optional ABS, Electronic Stability Control
  • Trim Options: Base, Premium, Adventure, and high‑level Luxury variants with updated interiors and infotainment systems

When searching for a used Mitsubishi Outlander price, potential buyers should consider that a 2008 model in good condition typically ranges from $4,500 to $6,000 in the U.S., depending on mileage, condition, and geographic location. These figures reflect a general market trend toward competitive pricing for older Outlander models; prices in other markets, like Europe or Asia, vary accordingly.

Depreciation Insight

Depreciation is a critical factor when evaluating the long‑term value of a vehicle. The Mitsubishi Outlander displays a predictable depreciation curve that aligns with industry norms.

  • Typically loses 15‑20% of its value in the first year after purchase.
  • After 3 years, the car can depreciate by around 35‑40% from its original new‑car price.
  • By the 5‑year mark, most Outlander models have lost about 50‑60% of their original value, landing them in the used category where demand remains robust.
  • Residual value after 10 years rarely exceeds 15% of the new price, due to high mileage and parts wear.

These percentages should serve as a benchmark when negotiating a purchase. For instance, a 2008 Mitsubishi Outlander that originally retailed for $20,000 could be expected to hold roughly $8,000 to $9,500 after 10 years, depending on maintenance records and accident history.

Comparative Context

When comparing the Mitsubishi Outlander price to similar compact SUVs on the market, several points of differentiation emerge: