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2022 Mitsubishi Outlander PHEV Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

2022 Mitsubishi Outlander PHEV Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Mitsubishi Outlander PHEV Pricing for the SEL, LE and GT Trims

2022 Outlander PHEV - Style: SEL - 4-Door Crossover with AWD. Powered by by a 2.4L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
Invoice Price
Destination Fee
Dealer Cost
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2022 Outlander PHEV - Style: LE - 4-Door Crossover with AWD. Powered by by a 2.4L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
Invoice Price
Destination Fee
Dealer Cost
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2022 Outlander PHEV - Style: GT - 4-Door Crossover with AWD. Powered by by a 2.4L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
Invoice Price
Destination Fee
Dealer Cost
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Price Tip:
To find the best possible price on a new Mitsubishi Outlander PHEV, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals,   Edmunds,   NADAguides,   Motortrend  &   CarsDirect
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
How to Calculate The Dealer Cost of a Mitsubishi Outlander PHEV:

Formula for Calculating Dealer Cost:

  • Example: Base Mitsubishi Outlander PHEV invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)

Mitsubishi Outlander PHEV Overview:

If you’re in the market for a low-emissions SUV, don’t overlook the 2022 Mitsubishi Outlander PHEV. Not only does this plug-in hybrid offer a pleasing driving experience, but it also provides the necessary passenger room. Meanwhile, standard all-wheel-drive keeps you prepared to face bad weather. Handsome exterior styling makes this model even more intriguing. Here’s what you need to know about the new Outlander PHEV.

What’s New for 2022?

With an all-new 2023 Outlander PHEV expected to arrive in the near future, Mitsubishi decided not to make any significant updates to the current model.

What Styles Does It Come In?

The 2022 Mitsubishi Outlander PHEV is a small crossover SUV, which seats up to five passengers. Every trim features an AWD system.

What are the Available Trims?

There are three Outlander PHEV trims. Even the base SEL trim has a leather-appointed interior. It comes standard with Mitsubishi’s latest infotainment system, which features an 8.0-inch touch display with Apple CarPlay/Android Auto smartphone support. Creature comforts, such as heated front seats and dual-zone automatic climate control, make the SEL trim more satisfying.

The mid-level LE trim is a bit more luxurious. Synthetic suede seating surfaces with red accent stitching give its cabin a premium touch. An upgraded eight-speaker audio system gives your music a more impactful sound. A power sunroof is also found on the Outlander PHEV LE.

Atop the range sits the GT trim. Diamond-quilted leather upholstery covers its interior. While a multi-view camera system gives drivers better visibility when parking, adaptive cruise control makes driving on the freeway less taxing. Two 1,500-watt AC power outlets and a heated steering wheel also come equipped on the GT trim.

The Outlander PHEV’s Exterior Styling

Although the Outlander PHEV’s styling has not been updated in a few years, this SUV still has a rather fresh appearance. Its front fascia looks sleek and modern. LED daytime running lamps come standard. A roof spoiler and a body-color bumper adds to the attractiveness of the SUV’s rear fascia. Mitsubishi also offers the Outlander PHEV with a few premium paint colors, such as Ruby Black Pearl and Red Diamond.

Most buyers will have no complaints with the base SEL trim’s styling. Even it features dark chrome grille accents and a roof spoiler. Meanwhile, the Outlander PHEV LE is the lineup’s sportiest-looking trim. It adds 18-inch dark chrome alloy wheels and blacked exterior details. Meanwhile, full LED headlights are found on the top-of-the-line GT trim.

Driving Experience

Regardless of which trim you choose, the 2022 Outlander PHEV will come equipped with the same plug-in hybrid powertrain. It’s covered by Mitsubishi’s warranty for up to 100,000 miles. With a total of 221 horsepower on tap, this SUV is peppy enough to deliver a pleasing drive. Although the Outlander PHEV doesn’t offer blistering acceleration, drivers can reach highway speeds within a reasonable time.

Surefooted handling and good outward visibility enhance the Outlander PHEV’s driving experience. Ride comfort is also quite good. Mitsubishi’s standard Super All-Wheel Control system enables the Outlander PHEV to confidently handle wintry weather. You can select from Eco, Normal, Sport, Gravel, and Snow driving modes. While this SUV can take you and your family on a camping adventure, the lack of an off-road package makes it less suitable for tackling extremely rough terrain.

Fuel Economy

According to the federal government’s fuel efficiency ratings, the Outlander PHEV will return a combined 26 mpg. When engaging the vehicle’s electric driving mode, drivers can travel up to 24 miles on battery power alone. This means you can run an errand without using any fuel.

Quality and Comfort

The 2022 Mitsubishi Outlander PHEV is best described as a comfortable family hauler. There’s enough legroom in its backseat to satisfy most six-footers. There’s also a tad more than 30 cubic feet of luggage space in the rear, which will come in handy when taking an extended road trip.

Although the Outlander PHEV is not billed as a luxury vehicle, it does feel quite upscale for an SUV in this price class. Leather seating surfaces give it a key advantage over some competitors.


Buyers won’t have to pay extra for this SUV’s most beneficial safety technologies. Forward collision mitigation with pedestrian alert, blind-spot warning, and lane departure warning all come standard. A multi-view camera system is found on the GT model. Of course, excellent crash scores give passengers greater security on the road.

The 2022 Mitsubishi Outlander PHEV is a good pick for anyone who desires a plug-in hybrid SUV. Mitsubishi’s long warranty and a lengthy list of standard amenities make it a strong value. Schedule a test drive today!

Note: All Mitsubishi Outlander PHEV MSRP, invoice and dealer cost dollar figures above are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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