2024 Mitsubishi Outlander PHEVTrue Cost of Ownership in India
248 hp plug-in hybrid. Full cost breakdown including import duty (100%), VAT (28%), insurance, fuel at ₹1.05/L, maintenance, and depreciation.
Purchase Price
$102K
Base: $40K
Annual Total
$10K
Insurance + fuel + maintenance
Import Duty
$40K
100% of base price
VAT
$22K
28% applied
Annual Insurance
$350
Avg for this country
5-Year Total
$155K
Purchase + 5yr running costs
2024 Mitsubishi Outlander PHEV — Full Cost Breakdown in India
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $40K |
| Import Duty (100%) | $40K |
| VAT / Sales Tax (28%) | $22K |
| Total Purchase Price | $102K |
| Annual Insurance | $350 |
| Annual Fuel Cost | $945 |
| Annual Maintenance | $225 |
| Annual Depreciation | $8K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $10K |
| 5-Year Total Cost of Ownership | $155K |
| Cost Per Kilometer | $0.695 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Mitsubishi Outlander PHEV Fuel Cost Calculator — India
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$945
USD equivalent
Monthly Fuel Cost
$79
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$6.30
6L × ₹1.05
Mitsubishi Outlander PHEV Depreciation Curve
The Mitsubishi Outlander PHEV loses approximately $20K (49%) of its value over 5 years.
Year-by-Year Value
| New | $40K | 100% |
| Year 1 | $32K | 80% |
| Year 2 | $28K | 70% |
| Year 3 | $25K | 62% |
| Year 4 | $22K | 56% |
| Year 5 | $20K | 51% |
Depreciation based on economy segment averages.
Mitsubishi Outlander PHEV vs. Competitors in India
How does the Mitsubishi Outlander PHEV compare to similar cars available in India?
Mitsubishi
Outlander PHEV
Base Price
$40K
Annual Cost in India
$10K
Toyota
Yaris
Base Price
$22K
Annual Cost in India
$4K
Honda
Fit
Base Price
$21K
Annual Cost in India
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in India
$4K
Annual costs estimated for India market. Import duty (100%) and VAT (28%) applied to all models.
🇮🇳 Owning a Car in India
Cheapest country to own a car overall.
Very Expensive for India
Annual car costs = 474% of average India income ($2K/yr)
Average Annual Income
$2K
In India
Fuel Price
₹1.05/L
Gasoline dominant
Avg Car Insurance
$350
Per year
Import Duty
100%
On vehicle value
VAT / Sales Tax
28%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in India
Mitsubishi Outlander PHEV in India — Frequently Asked Questions
Common questions about owning a Mitsubishi Outlander PHEV in India.
The 2024 Mitsubishi Outlander PHEV has a base price of $40,000 USD. In India, after 100% import duty and 28% VAT, the total purchase price is approximately $102,400 USD (₹102,400 INR).
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Mitsubishi Outlander PHEV in Other Countries
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- 🇨🇦Mitsubishi Outlander PHEV in Canada
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