Mitsubishi Outlander PHEV cost to own in New Zealand — the true 5-year total
The Mitsubishi Outlander PHEV starts at $64,990. Over 5 years, owning one (plug-in hybrid) costs about $72,013 in New Zealand as of July 9, 2026 — $1,200/month, $1.03/km — including depreciation, fuel, maintenance, insurance, financing and rego + road-user charges. That's $16,204 more than a comparable Toyota RAV4 Hybrid GXL AWD over the same 5 years.
Mitsubishi Outlander PHEV incentives & grants
No EV purchase rebate in NZ (the Clean Car Discount ended Dec 2023), and EVs now pay Road User Charges (~NZ$76/1,000 km). Both are reflected honestly — the RUC is included in the totals above. Source: NZTA.
Mitsubishi Outlander PHEV · NZ · 5-year estimate$72,013 total · $1,200/mo · $1.03/km
Where the money goes
| Cost component | Plug-in hybrid · Mitsubishi Outlander PHEV | Hybrid · Toyota RAV4 Hybrid GXL |
|---|---|---|
| Depreciation (estimated) | $35,095 (49%) | $23,936 (43%) |
| Charging / fuel | $10,423 (14%) | $10,603 (19%) |
| ↳ of which charging loss | — | — |
| Maintenance | $3,997 (6%) | $3,752 (7%) |
| Insurance | $7,250 (10%) | $6,500 (12%) |
| Financing interest | $11,659 (16%) | $10,154 (18%) |
| Registration & fees | $3,590 (5%) | $865 (2%) |
| Total cost of ownership | $72,013 | $55,809 |
Mitsubishi Outlander PHEV specs & assumptions
- Starting price
- $64,990manufacturer
- Powertrain
- Plug-in hybrid
- Efficiency
- 1.5 L/100km (blended)WLTP/EECA
- Range
- 84 kmWLTP/EECA
- NZ electricity
- 34.00c/kWhEA / MBIE
- Annual km (assumed)
- 14,000NZ average
Compare the Mitsubishi Outlander PHEV against any car, your km & your scenario
What the numbers say
The Mitsubishi Outlander PHEV costs about $72,013 to own over 5 years in New Zealand — $1,200/month, $1.03/km at 14,000 km/yr — and depreciation is the biggest line: $35,095, 49% of the total (as of July 9, 2026).
- The Toyota RAV4 Hybrid GXL AWD wins decisively here — $16,204 cheaper over 5 years; at typical assumptions this isn't a close call.
- On cost per month the Mitsubishi Outlander PHEV ranks #9 of 18 midsize SUV models we track in NZ.
- Where the Mitsubishi Outlander PHEV's $72,013 actually goes: depreciation $35,095 (49%), financing interest $11,659 (16%), petrol $10,423 (14%), insurance $7,250 (10%), maintenance $3,997 (6%), registration & fees $3,590 (5%).
- Per km, that is $0.50 of depreciation and $0.15 of petrol, with $0.38 for everything else — $1.03/km all-in.
- Petrol vs the fleet: the Mitsubishi Outlander PHEV's 5-year petrol bill ($10,423) runs $1,427 below the $11,850 median of the 27 petrol and hybrid models we price at the same rates.
What we assume for maintenance
Assumed $799/yr for a plug-in hybrid at 14,000 km/yr — about $3,997 of the 5-year total above. On this market's assumptions an EV runs about $451/yr less in maintenance than a petrol car ($449 vs $900). See the methodology for sources; adjustable in the calculator.