Photo: Mitsubishi
The mid-size SUV segment is quickly becoming one of the most popular across the automotive industry. Still, these vehicles can often cost quite a lot, making it harder to find a great value.
Kelley Blue Book evidently suggests the Mitsubishi Outlander if SUV drivers are looking for value. After all, it just awarded the 2019 Outlander its 5-Year Cost to Own Award for the three-row mid-size SUV/crossover category.
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The KBB 5-Year Cost to Own Awards honor vehicles with the most affordable projected ownership costs over the span of five years. A number of factors are taken into consideration, including initial cost, depreciation, fuel costs, repair costs, and insurance fees.
While the mid-size SUV segment is filled with popular models, the Outlander managed to stand out as a clear winner when it came to value over time.
“The Outlander is currently the most affordable three-row vehicle on the market, and its low entry-price ultimately translates into lower depreciation,” said Eric Ibara, director of 5-Year Cost to Own Awards for Kelley Blue Book. “It also has the lowest amount of state fees in the segment and is relatively easy to finance in comparison to its competitors.”
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Another reason for the Outlander’s outstanding value is Mitsubishi’s comprehensive warranty offerings. The 2019 Mitsubishi Outlander includes a 10-year/100,000-mile Powertrain Limited Warranty, as well as a 5-year/60,000-mile fully transferable New Vehicle Limited Warranty.
The 2019 Mitsubishi Outlander has also been recognized for the incredible safety that it offers. In fact, the Insurance Institute for Highway Safety named the latest Outlander a TOP SAFETY PICK when equipped with the front crash prevention system and specialized headlights.
If you’re looking for an SUV that will retain its value over time, then the Outlander is evidently a model you’ll want to add to your list.
The News Wheel is a digital auto magazine providing readers with a fresh perspective on the latest car news. We’re located in the heart of America (Dayton, Ohio) and our goal is to deliver an entertaining and informative perspective on what’s trending in the automotive world. See more articles from The News Wheel.