The Mitsubishi Outlander PHEV, Canada’s top-selling plug-in hybrid three years running, is now sporting a lower price to close out the 2026 model year.

Mitsubishi Motor Sales of Canada has lowered the starting manufacturer’s suggested retail price of the 2026 Outlander PHEV by $3,000, giving it a starting MSRP of $46,998. The MSRP doesn’t include various fees and levies that are added at the dealer level and typically add a few thousand bucks to the selling price.

There’s one caveat on the reduced price.

Readers of this publication will note, however, that Mitsubishi Canada has had a temporary discount of $3,000 on the plug-in hybrid SUV since May. That discount had been extended month after month.

Now, as of October, the folks at Mitsubishi Canada just made the discounted price the regular price.

The new lower starting price should also make it easier for the 2026 Outlander PHEV to qualify for Canada’s Electric Vehicle Affordability Program incentive.

EVAP offers a rebate of up to $2,500 for the purchase or lease of eligible plug-in hybrids so long as the selling price doesn’t exceed $50,000.

The Outlander PHEV’s previous MSRP of $49,998 would have exceeded the $50,000 EVAP limit once those additional fees were added into the sale price.

Reduced price only on base model

The new reduced price only applies to the base ES S-AWC model. The prices of the rest of the lineup remain unchanged.

Canadian prices

The starting MSRPs for the 2026 Mitsubishi Outlander PHEV are as follows:

• ES S-AWC – $46,998
• SE S-AWC – $52,598
• LE S-AWC – $54,798
• SEL S-AWC – $57,598
• GT S-AWC – $60,598
• GT Premium S-AWC – $61,698
• GT Noir S-AWC – $63,048

The above prices don’t include various fees and levies. Fees, levies and selling price may vary by location.

About the 2026 Outlander PHEV

Mitsubishi offers two versions of the Outlander. There’s the regular one as well as the plug-in hybrid version.

The Outlander PHEV received some updates for the 2026 model year.

The refreshed Outlander PHEV received exterior design tweaks, updates to the interior, including more standard technology, and improvements to the ride handling.

All trims now come standard with a Yamaha audio system, and there’s a new 12.3-inch centre display.

The plug-in hybrid powertrain’s battery has been increased by 18 per cent to a capacity of 22.7 kWh, giving the SUV greater all-electric range, now estimated at 72 kilometres, versus 61 kilometres on the 2025 version.

Electric and gasoline-combined fuel consumption is improved to 3.2 Le/100 km from 3.6 Le/100 km.

And, gasoline-only fuel efficiency is also improved to (city/highway/combined) 8.6/8.6/8.6 L/100 km, from 9.2/8.7/9.0 L/100 km.

For full model details, visit the Mitsubishi Canada website.

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