A 2006 Mitsubishi Montero averages $3,995 today, with most selling between $2,200 and $5,000. ForCar prices the Mitsubishi Montero from real US listings across 6 model years ($2,500–$9,998) — trade-in, private-party and dealer, adjusted for mileage. Free, no signup.
A 2001 Mitsubishi Montero still asks 63% of what a 2006 one does — that's how much value it holds after 5 years. Among 34 suvs we price, that ranks #25, below the 79% class median. The steepest single-year drop comes at year 5 (−37.4%). Calculated from 52 listings.
Mitsubishi Montero value by year
What a Mitsubishi Montero is worth at each model year, from real US listings — the low (trade-in), median (private-party) and high (dealer) price.
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2006 | $2,200 | $5,000 | 3 | |
| 2003 | $4,000 | $7,700 | 11 | |
| 2002 | $1,000 | $12,975 | 9 | |
| 2001 | $1,200 | $5,995 | 22 | |
| 1999 | $9,998 | $9,998 | 3 | |
| 1994 | $2,500 | $9,500 | 4 |
How the Mitsubishi Montero depreciates
Median market price by model year — how a Mitsubishi Montero loses (or holds) value as it ages, from real listings. See how it tracks against the typical depreciation curve by age:
The newest Mitsubishi Montero averages $3,995; a 12-year-older one runs about $5,999 — roughly -50% lost over 12 years. The steepest drop is usually in the first few years.
Does the Mitsubishi Montero hold value better than its rivals?
Every suv we price, ranked by how much of its 2006 price a 2001 car still asks. Higher is better — the Mitsubishi Montero sits at #25 of 34, against a class median of 79%.
The Mitsubishi Montero market right now
What the market asks for a Mitsubishi Montero at each model year — the median of 56 real listings we track. Pro plots every individual listing on this chart.
Adjust your Mitsubishi Montero value for mileage
Pick a model year and enter your odometer — see what your exact Mitsubishi Montero is worth on today's market.
Trade-in, private-party & dealer price
Every Mitsubishi Montero has three prices. Our low–median–high range maps to what a dealer pays you, what you'd get selling it yourself, and what a lot charges — compare with current used-market prices across all models.
For a 2006 Mitsubishi Montero: a dealer trade-in offer is around $2,200, selling private-party nets about $3,995, and a lot asks near $5,000 — a $2,800 spread on the same car.
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Get an exact Mitsubishi Montero value by VIN
Trim, engine and options move the value. Decode your Mitsubishi Montero's VIN free to pin the exact build, then check its market value.
More on the Mitsubishi Montero
Mitsubishi Montero value FAQ
How much is a Mitsubishi Montero worth?
A 2006 Mitsubishi Montero averages $3,995 today (roughly $2,200–$5,000). Value depends on the year and mileage — see the table above for every model year, or add your mileage for an exact number.
Does mileage change the Mitsubishi Montero value?
Yes — higher mileage lowers value. Enter your odometer reading in the mileage tool above to adjust the estimate from the model-year average.
Is the Mitsubishi Montero value free?
Yes, every estimate is free with no signup, from real US market listings.
How is this calculated?
ForCar aggregates real asking prices for the Mitsubishi Montero from current US listings into the low (10th percentile), median and high (90th percentile) price per model year.
Which Mitsubishi Montero year is the best value?
See the value-by-year table and depreciation above — older years cost less but the newest years hold value best. The sweet spot is usually a few years old, where the steepest depreciation has already happened.
Is this a free Mitsubishi Montero Blue Book alternative?
Yes. ForCar is a free, no-signup alternative to Kelley Blue Book and NADA — instead of a private formula, you see what Mitsubishi Monteros are actually listed for right now, by year and mileage.
Mark ForCar as a preferred source and our data shows up first in your Google results. One click, no account.