A 2007 Mitsubishi Galant still asks 141% of what a 2012 one does — that's how much value it holds after 5 years. Among 82 sedans we price, that ranks #2, above the 63% class median. The steepest single-year drop comes at year 8 (−54.5%). Calculated from 83 listings.
Mitsubishi Galant value by year
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2012 | $1,800 | $4,750 | 5 | |
| 2011 | $1,600 | $4,990 | 18 | |
| 2010 | $2,900 | $4,250 | 4 | |
| 2009 | $2,100 | $2,995 | 4 | |
| 2008 | $1,000 | $2,900 | 9 | |
| 2007 | $1,200 | $4,500 | 16 | |
| 2006 | $1,500 | $2,395 | 3 | |
| 2005 | $1,600 | $3,500 | 5 | |
| 2004 | $1,100 | $1,500 | 3 | |
| 2003 | $1,950 | $4,750 | 4 | |
| 2002 | $1,500 | $2,999 | 5 | |
| 2001 | $1,200 | $19,950 | 4 | |
| 1992 | $99,999 | $99,999 | 3 |
How the Mitsubishi Galant depreciates
The newest Mitsubishi Galant has a median asking price of $2,700; a 20-year-older one runs about $99,999 — roughly -3604% lost over 20 years (compare the typical depreciation curve by age).
Does the Mitsubishi Galant hold value better than its rivals?
Over the same 5 years the Ford Focus keeps 68%, the Nissan Versa 63% and the Volkswagen Jetta 50%, against 141% for the Galant. The Galant holds value better than the Ford Focus, Nissan Versa and Volkswagen Jetta.
The Mitsubishi Galant market right now
Adjust your Mitsubishi Galant value for mileage
Trade-in, private-party & dealer price
For a 2011 Mitsubishi Galant: a dealer trade-in offer is around $1,600, selling private-party nets about $3,000, and a lot asks near $4,990 — a $3,390 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Galant costs a median 86% more from a dealer than from a private seller, across the 2 recent model years with enough of both. Title, state and mileage effects are on the Mitsubishi Galant price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2011 | $2,900 (12) | $4,900 (5) | +69% |
| 2007 | $2,000 (8) | $4,075 (6) | +104% |
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Mitsubishi Galant value FAQ
How much is a Mitsubishi Galant worth?
It depends mostly on the model year: in our listings the median asking price runs from $1,500 to $99,999 across 13 model years. A 2011 is worth about $3,000, the median of 18 listings.
How much does mileage cut a Mitsubishi Galant's value?
Among Galants from the last eight model years, those with 40,000 to 100,000 miles ask a median $5,945, and those with over 150,000 miles ask $2,100.
Is a Mitsubishi Galant cheaper from a dealer or a private seller?
Usually from a private seller: for the same model year, dealers ask a median 86% more, across 2 recent model years in our listings.
Does the Galant hold value better than the Ford Focus?
Yes: over 5 years the Galant keeps 141% of its value and the Ford Focus 68%, by the median asking prices of the 2012 and 2007 model years.
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