The Mitsubishi Pajero—known stateside as the Montero—has always been a legend among off-road enthusiasts. With news of its next-generation launch and pricing in Australia, the big question looms: what could this mean for American buyers if the Pajero actually returns? Let’s dig far deeper than the sticker price to understand what’s really at play for Mitsubishi, the SUV market, and the U.S. off-road scene.

Why This Matters
- The U.S. SUV market is shifting: Rugged, body-on-frame SUVs are making a comeback (think Bronco, 4Runner, Land Cruiser). Pajero’s return could heat up the competition.
- Pricing below the Land Cruiser is a big deal: In Australia, the Pajero undercuts the Land Cruiser Prado by thousands. If that trend holds, it could offer American buyers a more affordable alternative to both the Land Cruiser and the Bronco.
- Powertrain hurdles are real: The Pajero launches with a diesel-only engine. That’s a non-starter for the U.S. market, which means Mitsubishi would need to reengineer or partner for a suitable gasoline or hybrid alternative.
What Most People Miss
- Mitsubishi’s real play may be a Nissan partnership: With rumors swirling of a Nissan Frontier-based Montero (the U.S. Pajero name), Mitsubishi could piggyback on Nissan’s proven platform, making a return more feasible and cost-effective.
- The Pajero would likely target Toyota 4Runner, not Land Cruiser: Despite the pricing comparisons, Mitsubishi’s probable U.S. entry would be a rugged, midsize competitor—right in the 4Runner’s wheelhouse—rather than a luxury-laden Land Cruiser rival.
- Heritage as a double-edged sword: While the Pajero’s Dakar-winning legacy is a marketing goldmine, U.S. buyers remember the Montero as a quirky, tough, but underpowered SUV. Mitsubishi would need to balance nostalgia with modern expectations.
Key Takeaways & Industry Context
- Australian pricing starts at AU$68,490 (about $50K USD), well below the Toyota Land Cruiser’s AU$81,990 (about $52,700 USD).
- U.S. Land Cruiser hybrid starts at $58,000. A similarly positioned Pajero could seriously disrupt the status quo—if the powertrain, features, and branding are right.
- Capability is real: Dual-range 4×4 gearbox, advanced traction systems, locking rear diff, and 7,700+ lbs towing put Pajero in the same off-road league as established U.S. favorites.
- Mitsubishi’s U.S. lineup needs a halo vehicle. The Pajero/Montero could boost showroom traffic and refresh Mitsubishi’s rugged credibility.
Timeline: Where Do We Go From Here?
- 2024: New Pajero launches in Australia—diesel only.
- 2027: Rumored U.S. Montero could debut, possibly Nissan-based, with gasoline/hybrid power.
- 2029: Nissan Xterra expected to return—could share platform with next-gen Montero.
Pros & Cons Analysis
- Pros:
- Competitive pricing potential
- Legendary off-road heritage
- Could fill a major gap in Mitsubishi’s U.S. lineup
- Cons:
- Diesel engine isn’t viable in the U.S.
- Brand perception lags behind Toyota/Ford/Jeep
- Requires significant investment to meet American tastes
Expert Commentary
“Mitsubishi used to be king of the Paris-Dakar races with older Pajeros… This newest one gets trick features like Active Yaw Control and a locking rear differential is standard across the range.”
— Car and Driver
The Bottom Line: The new Mitsubishi Pajero’s Australian pricing shows a tantalizing glimpse of what could be a budget-friendly, tough-as-nails SUV for American buyers. But don’t hold your breath for a carbon copy—powertrain, branding, and platform partnerships will all play a critical role. If Mitsubishi gets it right, the 4Runner could finally have a real rival—one with serious Dakar DNA.

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