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Mitsubishi Outlander holds its value better — 59% five-year retention against 59% for the Honda Pilot. Resale value and cost of ownership, head to head.
On five-year value retention the Mitsubishi Outlander comes out ahead, holding about 59% of its value versus 59% for the Honda Pilot. Over the first five years the Mitsubishi Outlander loses roughly $12,268 while the Honda Pilot loses about $17,510 — a gap near $5,242.
First-year drop is the biggest factor: the Mitsubishi Outlander sheds about 6% in year one versus 6% for the Honda Pilot. If you buy used, the steeper early drop is what the original owner absorbs.