Hyundai Santa Fe vs Mitsubishi Outlander PHEV: cost to own

Verdict, over 6 years

The Hyundai Santa Fe costs about $6,849 less

That's $95 a month. Closest matching trims: same fuel and drive where possible.
Santa Fe Preferred Hybrid AWD✓ $1,252/moTrue cost
Outlander PHEV ES S-AWC$1,347/moTrue cost
2026 Hyundai Santa Fe
2026 Hyundai Santa Fe
Closest matching trim: Santa Fe Preferred Hybrid AWD
Sticker (MSRP)$43,799
+$9,362→↓Freight, fees, HST
Drive away$53,161
+ running costs→↓− $20,360 resale
True cost$1,252/moA month to own, after resale
2026 Mitsubishi Outlander PHEV
2026 Mitsubishi Outlander PHEV
Closest matching trim: Outlander PHEV ES S-AWC
Sticker (MSRP)$46,998
+$9,581→↓Freight, fees, HST
Drive away$56,579
+ running costs→↓− $17,542 resale
True cost$1,347/moA month to own, after resale

Line by line

Price
Sticker (MSRP)✓ $43,799$46,998Santa Fe by $3,199
Freight and fees, before tax$3,246✓ $3,072Outlander PHEV by $174
Sales tax (HST)✓ $6,116$6,509Santa Fe by $393
Drive-away price✓ $53,161$56,579Santa Fe by $3,418
Running costs, 6 years
Fuel or charging$11,551✓ $6,276Outlander PHEV by $5,275
Insurance (estimate)✓ $15,837$19,862Santa Fe by $4,025
Maintenance (estimate)✓ $8,756$9,239Santa Fe by $483
Loan rate6.5%6.5%—
Loan interest✓ $10,129$10,848Santa Fe by $719
Lost return on your money✓ $10,992$11,652Santa Fe by $660
Resale after 6 yrs✓ −$20,360−$17,542Santa Fe by $2,818
Total
True cost✓ $90,156$97,005Santa Fe by $6,849
True cost a month✓ $1,252/mo$1,347/moSanta Fe by $95
You pay each month✓ $1,313/mo$1,360/moSanta Fe by $47
Practical
Fuel typeHybridPlug-in hybrid—
Seats77—
Carry-ons, 2 people8+7—
Towing, lb✓ 2,0001,500—
Cargo behind row 2, litres✓ 1,148872—
Length4.83 m4.72 m—
Ground clearance18 cm✓ 20 cm—
Resale % after 6 yrs✓ 46%37%—
US crash test✓ 5★Not rated yet—
European crash test✓ 4★ (2024); 5★ with pack——
Price
Sticker (MSRP)
Santa Fe Preferred Hybrid AWD ✓ $43,799Outlander PHEV ES S-AWC $46,998Cheaper by Santa Fe by $3,199
Freight and fees, before tax
Santa Fe Preferred Hybrid AWD $3,246Outlander PHEV ES S-AWC ✓ $3,072Cheaper by Outlander PHEV by $174
Sales tax (HST)
Santa Fe Preferred Hybrid AWD ✓ $6,116Outlander PHEV ES S-AWC $6,509Cheaper by Santa Fe by $393
Drive-away price
Santa Fe Preferred Hybrid AWD ✓ $53,161Outlander PHEV ES S-AWC $56,579Cheaper by Santa Fe by $3,418
Running costs, 6 years
Fuel or charging
Santa Fe Preferred Hybrid AWD $11,551Outlander PHEV ES S-AWC ✓ $6,276Cheaper by Outlander PHEV by $5,275
Insurance (estimate)
Santa Fe Preferred Hybrid AWD ✓ $15,837Outlander PHEV ES S-AWC $19,862Cheaper by Santa Fe by $4,025
Maintenance (estimate)
Santa Fe Preferred Hybrid AWD ✓ $8,756Outlander PHEV ES S-AWC $9,239Cheaper by Santa Fe by $483
Loan rate
Santa Fe Preferred Hybrid AWD 6.5%Outlander PHEV ES S-AWC 6.5%Cheaper by —
Loan interest
Santa Fe Preferred Hybrid AWD ✓ $10,129Outlander PHEV ES S-AWC $10,848Cheaper by Santa Fe by $719
Lost return on your money
Santa Fe Preferred Hybrid AWD ✓ $10,992Outlander PHEV ES S-AWC $11,652Cheaper by Santa Fe by $660
Resale after 6 yrs
Santa Fe Preferred Hybrid AWD ✓ −$20,360Outlander PHEV ES S-AWC −$17,542Cheaper by Santa Fe by $2,818
Total
True cost
Santa Fe Preferred Hybrid AWD ✓ $90,156Outlander PHEV ES S-AWC $97,005Cheaper by Santa Fe by $6,849
True cost a month
Santa Fe Preferred Hybrid AWD ✓ $1,252/moOutlander PHEV ES S-AWC $1,347/moCheaper by Santa Fe by $95
You pay each month
Santa Fe Preferred Hybrid AWD ✓ $1,313/moOutlander PHEV ES S-AWC $1,360/moCheaper by Santa Fe by $47
Practical
Fuel type
Santa Fe Preferred Hybrid AWD HybridOutlander PHEV ES S-AWC Plug-in hybridCheaper by —
Seats
Santa Fe Preferred Hybrid AWD 7Outlander PHEV ES S-AWC 7Cheaper by —
Carry-ons, 2 people
Santa Fe Preferred Hybrid AWD 8+Outlander PHEV ES S-AWC 7Cheaper by —
Towing, lb
Santa Fe Preferred Hybrid AWD ✓ 2,000Outlander PHEV ES S-AWC 1,500Cheaper by —
Cargo behind row 2, litres
Santa Fe Preferred Hybrid AWD ✓ 1,148Outlander PHEV ES S-AWC 872Cheaper by —
Length
Santa Fe Preferred Hybrid AWD 4.83 mOutlander PHEV ES S-AWC 4.72 mCheaper by —
Ground clearance
Santa Fe Preferred Hybrid AWD 18 cmOutlander PHEV ES S-AWC ✓ 20 cmCheaper by —
Resale % after 6 yrs
Santa Fe Preferred Hybrid AWD ✓ 46%Outlander PHEV ES S-AWC 37%Cheaper by —
US crash test
Santa Fe Preferred Hybrid AWD ✓ 5★Outlander PHEV ES S-AWC Not rated yetCheaper by —
European crash test
Santa Fe Preferred Hybrid AWD ✓ 4★ (2024); 5★ with packOutlander PHEV ES S-AWC —Cheaper by —

✓ marks the better figure. Resale is from used prices: the Santa Fe typical for its type and brand, the Outlander PHEV from its own. These trims differ in fuel (hybrid vs plug-in hybrid), which drives part of the gap. Their stickers differ by $3,199.