What's the monthly payment on a 2018 Mitsubishi Outlander PHEV?
Published: June 21, 2020
The monthly payment on a 2018 Mitsubishi Outlander PHEV with 16,160 miles is $462 at a 8.62% APR. We are assuming a vehicle with a market value of $24,462, a $2,000 downpayment, a credit score of 700 and a 60 months term. The payment can obviously vary by a large degree depending on the exact trim and mileage of the vehicle.
The following table therefore shows monthly payments by credit score and loan term:
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For your exact vehicle and credit score, take a look at the table above or enter your vehicle's details into our refinance calculator below:
Payments for your Mitsubishi would be
$462 per month at 8.62% APR
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**Based on a loan of $22,462, FICO 700 and 60 months term.
What other 2018 Mitsubishi Outlander PHEV owners are paying
We performed a nationwide study and looked at thousands of 2018 Mitsubishi Outlander PHEV loans. On average, 2018 Mitsubishi Outlander PHEV owners who purchased their vehicle last year had a FICO of 640. For reference, the nationwide average score is 670.
The variance from the average American car owner is likely driven by the price point of the car at $19,985. We found that the average APR on a 2018 Mitsubishi Outlander PHEV loan is 11.39% over 70 months with a monthly payment of $393.
If the same 2018 Mitsubishi Outlander PHEV owner refinanced her auto loan, she could save $1,050 thanks to improving her credit score by as little as 35 points. For more context, take a look at our study Best way to lower your rate? Make your payments!
How we calculate your monthly 2018 Mitsubishi Outlander PHEV payments
Our auto loan refinance calculator estimates the monthly payments of your 2018 Mitsubishi Outlander PHEV the exact same way as any auto loan company would do. We wrote an article that explains all the nuances around auto loans and refinancing and you can learn more about our auto loan refinance calculator here.
If you are not sure what trim, engine or drivetrain your 2018 Mitsubishi Outlander PHEV has, take a look at the 2018 Mitsubishi Outlander PHEV's brochure by clicking here.
Monthly payments for similar Mitsubishi Outlander PHEV
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Feel free to contact us for questions or feedback. We are a fully digital platform that lets car owners like you refinance their cars from the comfort of their own home. No need to set a foot in a bank or credit union. You can lower your rate or get cash in as little as 20 seconds.
Curious how much you can save today? Follow three simple steps to refinance your 2018 Mitsubishi Outlander PHEV loan, get approved in seconds and save thousands in minutes.