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Honda Pilot vs Mitsubishi Outlander: 5-year value retention (59% vs 59%), resale value, and cost of ownership head-to-head. Mitsubishi Outlander holds its value better.
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.