Mitsubishi
Outlander
2020
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2020 Mitsubishi Outlander

Lease EstimateSee Lease Deals
$353/mo
Finance Estimate
$360/mo
FROM
$24,890
MPG
25 city / 30 hwy

Expert's Rating

Not Available

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Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2020 Mitsubishi Outlander
Lease
$353 / month
Finance
$360 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.000125 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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Buying Tips

What you must know before buying the Mitsubishi Outlander

John Diether
Automotive Editor - October 8, 2019
  • 2019 Outlander selection healthy; 2020s arriving
  • Factory rebate steady at $2,750 on 2019s
  • Lease from $299 for 48 months
  • Get 0% APR for 48 months + $750 on 2019s

Favorable pricing and selection:

One of Mitsubishi's mainstay models, the 2019 Outlander is always kept in adequate supply, and you can count on some level of dealer discounting. The plug-in hybrid version, called PHEV, can travel up to 33 miles without using fuel.

You'll generally find better selection and pricing on the mid-range SE, which comes nicely equipped for family life. The base ES isn't as popular with buyers. The PHEV is stocked in far fewer numbers.

The carryover 2020 Outlander has started arriving at dealers, but it's too soon for any factory incentives. We expect to see a cash rebate by next month.

Current offers are available nationally and will remain in effect through October 31, 2019.

Generous cash off:

The factory rebate on the 2019 Outlander stands at $2,750. The most we ever see on the Outlander is $3,000, and that's usually not until the end of the year. The current rebate on the 2019 PHEV, which always carries lighter incentives, is $1,000.

In addition, current Mitsubishi customers get a $250 loyalty bonus for sticking with the brand.

Leasing looks the same:

The 2019 Outlander ES once again starts at $299 for 48 months (12,000 miles a year) with $2,848 due at signing. The effective monthly cost is $358, which is better than some previous offers, but still not a good value for this price class.

The 2019 PHEV starts at $329 for 36 months with $3,828 at signing. This is actually a very good value given the PHEV's higher MSRP and standard all-wheel drive.

Interest-free financing:

Instead of the standard rebate on the 2019 Outlander, you can get 0% financing for 48 months, plus a $750 bonus.

You can do even better on the 2019 Outlander PHEV. Mitsubishi is offering 0% for 72 months, which is rare for this model (but no bonus cash).

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CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 10/15/19 in 20149
MSRP
$25,890
Sales Price
$25,390
Cash Rebates
$500
Target Price
$24,890
Lease Estimate
$353/mo
Finance Estimate
$360/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Customer Rebate (Expires 10/31/19) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the united States. %Qualification% Available on eligible models ONLY. $500
Loyalty Bonus Cash Loyalty Customer Rebate (Expires 10/31/19) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. Must be a currently registered Mitsubishi owner. This offer is transferable to immediate family members and domestic partners residing at the same address. %Qualification% Saturn owners are also eligible for this offer. Eligible customers can utilize this incentive with the finance source of their choice. A currently owned vehicle may only be used once towards the purchase or lease of a new eligible vehicle. $1,000

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% For customers with a FICO score greater than or equal to 620.
Term(s)12 - 3637 - 4849 - 6061 - 7273 - 84
Rate %0%0%1.9%2.9%3.9%
Eligibility For customers with a FICO score greater than or equal to 620.
Loyalty Bonus Cash Loyalty Customer Rebate (Expires 10/31/19) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. Must be a currently registered Mitsubishi owner. This offer is transferable to immediate family members and domestic partners residing at the same address. %Qualification% Saturn owners are also eligible for this offer. Eligible customers can utilize this incentive with the finance source of their choice. A currently owned vehicle may only be used once towards the purchase or lease of a new eligible vehicle. $1,000
Lease/Finance Conquest Bonus Cash Mitsubishi US Conquest Customer Rebate (Expires 10/31/19) Conquest bonus available for owners of select competing vehicles when leasing or financing. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. Currently registered owner of any manufacturers vehicle other than Mitsubishi, Saturn, Suzuki, Scion, or Isuzu (Conquest Vehicle) who purchases/leases an Eligible Vehicle described below is eligible for the Program. %Qualification% This program may not be combined with Mitsubishi Motors Loyalty Rebate Program but may be combined with Mitsubishi Motors Military Program $1,000

Leasing Incentives

RebateAmount
Loyalty Bonus Cash Loyalty Customer Rebate (Expires 10/31/19) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. Must be a currently registered Mitsubishi owner. This offer is transferable to immediate family members and domestic partners residing at the same address. %Qualification% Saturn owners are also eligible for this offer. Eligible customers can utilize this incentive with the finance source of their choice. A currently owned vehicle may only be used once towards the purchase or lease of a new eligible vehicle. $1,000
Lease/Finance Conquest Bonus Cash Mitsubishi US Conquest Customer Rebate (Expires 10/31/19) Conquest bonus available for owners of select competing vehicles when leasing or financing. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. Currently registered owner of any manufacturers vehicle other than Mitsubishi, Saturn, Suzuki, Scion, or Isuzu (Conquest Vehicle) who purchases/leases an Eligible Vehicle described below is eligible for the Program. %Qualification% This program may not be combined with Mitsubishi Motors Loyalty Rebate Program but may be combined with Mitsubishi Motors Military Program $1,000
Hurry! Offer expires

Leases For Similar Cars

Based on 2020 Mitsubishi Outlander - ES 4dr Front-wheel Drive - $25,890 MSRP

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