Mitsubishi - Shogun/Pajero (2021)

Discover the Mitsubishi Shogun/Pajero, the rugged SUV that has earned a reputation for reliability and off‑road capability since the 1980s. Whether you’re looking at the 2021 model or a well‑maintained used vehicle, the Mitsubishi Shogun/Pajero price can vary widely depending on the trim, market, and mileage. In this guide we break down what you should expect from the 2021 Mitsubishi Shogun/Pajero price, the typical depreciation curve, and how used prices stack up against contemporary rivals.

• Engine: 2.5L Inline‑4 or 3.5L V6 (depending on trim)
• Transmission: 4‑speed automatic (manual variants in earlier generations)
• Fuel Type: Petrol
• Horsepower: 138–190 hp (Nissan‑powered models vary)
• Torque: 202–260 lb‑ft
• Drivetrain: Four‑wheel recovery (4WD) with full‑time or part‑time modes
• Maximum Payload: 300 kg (varies by configuration)
• Ground Clearance: 220–240 mm
• Dimensions:
  • Length: ~4.5 m
  • Width: 1.8 m
  • Height: 1.80–1.85 m
  • Wheelbase: 2.66 m
• Official Capacity: 5‑seat sedan layout (multiple cargo options)
• Safety Features: ABS, electronic stability control, multiple airbags, optional hill‑start assist
• Infotainment: Standard audio, optional Bluetooth, optional navigation overlay
• Warranty: 3‑year/60,000‑km standard in many markets (extra coverage possible)

Depreciation Insight

The Mitsubishi Shogun/Pajero depreciation curve follows a relatively predictable pattern for midsize SUVs. Typically, the vehicle loses approximately 15–20% of its value within the first year of ownership, especially when the vehicle has less than 20,000 km on the clock. Over the next few years, the yearly depreciation rate gradually tapers, settling around 5–7% annually from years three to five. For comparison, the 2021 Mitsubishi Shogun/Pajero tends to hold its consensus value slightly better than its contemporaries in the rugged SUV segment due to aftermarket support and proven durability.

Market Position & Comparison

When positioned against similar off‑road capable brands—such as the Jeep Wrangler, Ford Bronco, or Subaru Outback—the Mitsubishi Shogun/Pajero offers a unique blend of factory‑built four‑wheel drive and a spacious cabin that can often be found only at a discount. In the used market, the used Mitsubishi Shogun/Pajero price frequently falls 10–15% below comparable models in excellent condition, making it a popular choice for budget‑conscious buyers seeking a high‑utility vehicle.

If you’re contemplating a 2021 purchase, the 2021 Mitsubishi Shogun/Pajero price ranges are often set closer to the upper end of the used and new market, largely due to the increased safety features, updated infotainment, and more efficient powertrains. They are especially attractive to fleet operators, outdoor service companies, and regional markets where the rugged utility outweighs premium styling.