Mitsubishi Outlander PHEV cost to own in Australia — the true 5-year total
The Mitsubishi Outlander PHEV starts at $60,290. Over 5 years, owning one (plug-in hybrid) costs about $68,324 in Australia as of July 9, 2026 — $1,139/month, $1.14/km — including depreciation, fuel, maintenance, insurance, financing and rego. That's $522 more than a comparable Lexus NX 350h Luxury 2WD over the same 5 years.
Mitsubishi Outlander PHEV incentives & grants
Novated lease (FBT exemption): for a salary-packaged EV the federal FBT exemption can cut the cost substantially — it depends on your income and tax, so it is not in the totals above. Source: ATO.
Mitsubishi Outlander PHEV · Australia · 5-year estimate$68,324 total · $1,139/mo · $1.14/km
Where the money goes
| Cost component | Plug-in hybrid · Mitsubishi Outlander PHEV | Hybrid · Lexus NX 350h Luxury |
|---|---|---|
| Depreciation (estimated) | $30,145 (44%) | $30,114 (44%) |
| Charging / fuel | $6,531 (10%) | $4,890 (7%) |
| ↳ of which charging loss | — | — |
| Maintenance | $5,748 (8%) | $5,502 (8%) |
| Insurance | $10,750 (16%) | $10,000 (15%) |
| Financing interest | $10,775 (16%) | $12,921 (19%) |
| Registration & fees | $4,375 (6%) | $4,375 (6%) |
| Total cost of ownership | $68,324 | $67,802 |
Mitsubishi Outlander PHEV specs & assumptions
- Starting price
- $60,290manufacturer
- Powertrain
- Plug-in hybrid
- Efficiency
- 1.7 L/100km (blended)ADR
- Range
- 86 kmADR
- Australia electricity
- 33.00c/kWhAER
- Annual km (assumed)
- 12,000Australia average
Compare the Mitsubishi Outlander PHEV against any car, your km & your scenario
What the numbers say
The Mitsubishi Outlander PHEV costs about $68,324 to own over 5 years in Australia — $1,139/month, $1.14/km at 12,000 km/yr — and depreciation is the biggest line: $30,145, 44% of the total (as of July 9, 2026).
- Call it a tie: $522 apart over 5 years is inside the noise of estimates like these — choose on fit and charging access, not on cost.
- On cost per month the Mitsubishi Outlander PHEV ranks #15 of 26 midsize SUV models we track in Australia.
- Where the Mitsubishi Outlander PHEV's $68,324 actually goes: depreciation $30,145 (44%), financing interest $10,775 (16%), insurance $10,750 (16%), petrol $6,531 (10%), maintenance $5,748 (8%), registration & fees $4,375 (6%).
- Per km, that is $0.50 of depreciation and $0.11 of petrol, with $0.53 for everything else — $1.14/km all-in.
- Petrol vs the fleet: at $6,531 over 5 years the Mitsubishi Outlander PHEV sits within $0 of the $6,531 median for the 37 petrol and hybrid models we price — nothing unusual either way.
What we assume for maintenance
Assumed $1,150/yr for a plug-in hybrid at 12,000 km/yr — about $5,748 of the 5-year total above. On this market's assumptions an EV runs about $330/yr less in maintenance than a petrol car ($950 vs $1,280). See the methodology for sources; adjustable in the calculator.