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Honda Fit vs Mitsubishi Outlander Phev: 5-year value retention (52% vs 53%), resale value, and cost of ownership head-to-head. Mitsubishi Outlander Phev holds its value better.
On five-year value retention the Mitsubishi Outlander Phev comes out ahead, holding about 53% of its value versus 52% for the Honda Fit. Over the first five years the Mitsubishi Outlander Phev loses roughly $19,171 while the Honda Fit loses about $8,527 — a gap near $-10644.
First-year drop is the biggest factor: the Mitsubishi Outlander Phev sheds about 6% in year one versus 12% for the Honda Fit. If you buy used, the steeper early drop is what the original owner absorbs.