The Kelley Blue Book 5-Year Cost to Own Awards honor vehicles and brands, both luxury and non-luxury, with the lowest projected ownership costs, based on Kelley Blue Book’s 5-Year Cost to Own data for new cars over the initial five-year ownership period. The 2020 Outlander outperformed its competitors in one of the most competitive vehicle segments: the three-row mid-size utility vehicle segment. 2020 is the second year in a row that the Mitsubishi Outlander has been honored with this recognition by Kelley Blue Book.
With so many well-built, high-value three-row SUVs fighting for customers’ attention in the market today, it truly is an honor for the 2020 Mitsubishi Outlander to be chosen by Kelley Blue Book as their 5- Year Cost to Own champion. Being recognized with the award for the second year in a row proves our ongoing commitment to delivering capability, safety, dependability and convenience, all in an award-winning package.
About the Awards
Kelley Blue Book’s 5-Year Cost to Own Awards take into consideration a variety of factors that contribute to vehicle expenses, including depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs and state fees for all new models. The award is intended to help new car shoppers make more informed purchasing decisions by breaking down typical ownership costs and recognizing the brands and models with the lowest projected five-year total.“The Mitsubishi Outlander continues to lead the Three-Row Mid-Size Utility segment two years running due to its low fuel costs and depreciation expense. The Outlander is currently the most affordable three-row vehicle on the market, and its operating costs are competitively low in every area. It also has the lowest fuel costs in the segment and its financing costs and repair expenses are also low in comparison to its competitors.” - Eric Ibara, director of 5-Year Cost to Own for Kelley Blue BookThe Mitsubishi Outlander has received other notable industry recognitions, and was named a 2019 Insurance Institute for Highway Safety (IIHS) TOP SAFETY PICK, when equipped with optional front crash prevention and specific headlights.1 The 2020 Outlander improves the celebrated crossover with increased availability of driver assistance and safety equipment, new infotainment technology and small added luxuries throughout the cabin.
Newly standard safety equipment on SE, LE, SEL and GT trims includes Forward Collision Mitigation with Pedestrian Detection (FCM)2, Lane Departure Warning (LDW)3 and Automatic High Beam Control (AHB)4 for added safety behind the wheel. SE and above trims also receive an updated eight-inch Smartphone-link Display Audio (SDA) system, boasting redesigned graphics with a cleaner and more modern appearance for enhanced connectivity.
Each 2020 Outlander is also backed by one of the best warranties in the industry: a 10-year/100,000- mile Powertrain Limited Warranty, a 5-year/60,000-mile fully transferable New Vehicle Limited Warranty, a 7-year/100,000-mile Anti-Corrosion/Perforation Limited Warranty and 5-year/Unlimited Miles Roadside Assistance.
For more information on the 2020 Mitsubishi Outlander, please visit our Outlander 2020 feature page.
8701 South Orange Blossom Trail
Orlando, Florida
Contact: 800-515-1062
