Automobile Magazine Homepage Subscribe Now
Get Adobe Flash player

2007 Mitsubishi Outlander Ownership Costs

Smart car buyers realize that the price you pay for a used car is never the invoice price or MSRP when it’s all said and done. Review the total cost of ownership for a 2007 Mitsubishi Outlander purchase including depreciation, fees and taxes, financing, insurance, and more.
Looking for a used car? Search our classified ads below!
2007 Mitsubishi Outlander Research

2007 Mitsubishi Outlander

Resale Value:$6,056  |  Get Internet Pricing from a Local Dealer!
Transmissions: 6-Speed Semi-Automatic; 0-Speed Continuously Variable
Drivetrains: Front Wheel Drive; All Wheel Drive

2007 Outlander Ownership Costs

YEAR 1YEAR 2YEAR 3YEAR 4YEAR 55 YR TOTAL
Depreciation$5,925$2,094$1,775$1,985$1,942$13,721
Financing$1,141$917$678$424$156$3,316
Insurance$1,499$1,499$1,499$1,499$1,499$7,494
State Fees$93$62$61$57$56$329
Fuel$1,354$1,487$1,633$1,793$1,969$8,235
Maintenance$59$180$313$652$396$1,600
RepairsN/AN/AN/AN/A$133$133
Cost Per Year$10,070$6,238$5,959$6,409$6,152$34,828
Hybrid Tax CreditN/A
5-Year Cost of Similar Vehicles$33,999
Difference-$828
Value RatingBelow Average
Ownership costs are the costs to purchase and operate a vehicle over a period of time. Understanding these costs can save you money and help you make a wiser financial decision when it comes to select a vehicle.

Regardless of the "value" claims that you may read in car reviews or hear in ads, a vehicle economic value is based on how much it will cost to own and operate compared to its purchase price. In a sense, purchase price is "what you pay" and the ownership costs are "what you get." the less you pay for what you get the better off you are.

Ownership costs can differ greatly. The cost to own and operate two different vehicles with equal purchase prices can differ by thousands. Of course when evaluating ownership cost for used cars and trucks, a vehicle's condition and mileage will greatly impact ownership costs, therefore it's important to compare similar vehicles in similar condition for an accurate picture.

Intellichoice releases its final analysis for the current model year, annually each January. For additional comparative information you may wish to review the other Near Luxury category winners for this year. The ownership costs for early release new model year vehicles is estimated, with ratings and Best Overall Value winners not available until complete data can be compiled.

Intellichoice also updates the Best Deals results each month in order to capture the many expiring rebates and ongoing programs, current pricing, and market conditions, giving the consumer the most up-to-date data analysis.
 
2008 Mitsubishi Lancer at the 2007 Detroit Show
The new Lancer is important for two main reasons: It gives us a preview of the basic shape of the... more
 
2007 Mitsubishi Lancer: Official Sketch
Mitsubishi will continue a push for new, mass-market offerings next January at the Detroit show... more