diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1b7b4264..9833df41 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 ## [Unreleased]
 
+### Fixed
+
+- Improve version output when using user-installed Marp Core ([#105](https://github.com/marp-team/marp-cli/pull/105))
+
 ## v0.10.1 - 2019-06-19
 
 ### Fixed
diff --git a/README.md b/README.md
index c1f53083..fa1c9ae2 100644
--- a/README.md
+++ b/README.md
@@ -82,7 +82,9 @@ npm install -g @marp-team/marp-cli
 
 ### Standalone binary _(EXPERIMENTAL)_
 
-Do you never want to install any dependent tools? we also provide executable binaries for Linux, macOS, and Windows. [:fast_forward: Download the latest standalone binary for your OS from release page.](https://github.com/marp-team/marp-cli/releases)
+Do you never want to install any dependent tools? we also provide executable binaries for Linux, macOS, and Windows.
+
+**[:fast_forward: Download the latest standalone binary for your OS from release page.](https://github.com/marp-team/marp-cli/releases)**
 
 ## Basic usage
 
@@ -326,10 +328,10 @@ By using `--version` (`-v`) option, you may confirm the version of engine that i
 
 ```console
 $ marp --version
-@marp-team/marp-cli v0.x.x (/w bundled @marp-team/marp-core v0.x.x)
+@marp-team/marp-cli v0.x.x (w/ bundled @marp-team/marp-core v0.x.x)
 ```
 
-Marp CLI prefers to use _an installed core by user_ than the bundled. If the current project has installed `@marp-team/marp-core` individually, it would show its version and the annotation "/w customized engine".
+Marp CLI prefers to use _an installed core by user_ than the bundled. If the current project has installed `@marp-team/marp-core` individually, it would show its version and the annotation: `w/ user-installed @marp-team/marp-core vX.X.X` or `w/ customized engine`.
 
 ## Configuration file
 
diff --git a/src/version.ts b/src/version.ts
index 51edb1ad..54ccd071 100644
--- a/src/version.ts
+++ b/src/version.ts
@@ -4,17 +4,21 @@ import { MarpCLIConfig } from './config'
 import { name, version } from '../package.json'
 
 export default async function outputVersion(config: MarpCLIConfig): Promise<0> {
-  let message = `${name} v${version} `
+  let engineVer = ''
   const { engine } = config
 
   if (engine.klass === Marp) {
-    message += `(/w bundled @marp-team/marp-core v${bundledCoreVer})`
+    engineVer = `bundled @marp-team/marp-core v${bundledCoreVer}`
+
+    if (engine.package && engine.package.version !== bundledCoreVer) {
+      engineVer = `user-installed @marp-team/marp-core v${engine.package.version}`
+    }
   } else if (engine.package && engine.package.name && engine.package.version) {
-    message += `(/w customized engine in ${engine.package.name} v${engine.package.version})`
+    engineVer = `customized engine in ${engine.package.name} v${engine.package.version}`
   } else {
-    message += `(/w customized engine)`
+    engineVer = `customized engine`
   }
 
-  console.log(message)
+  console.log(`${name} v${version}${engineVer ? ` (w/ ${engineVer})` : ''}`)
   return 0
 }
diff --git a/test/marp-cli.ts b/test/marp-cli.ts
index 4ced8e79..1604481d 100644
--- a/test/marp-cli.ts
+++ b/test/marp-cli.ts
@@ -43,12 +43,12 @@ describe('Marp CLI', () => {
   for (const cmd of ['--version', '-v'])
     context(`with ${cmd} option`, () => {
       let log: jest.SpyInstance<void, any>
-      let findClassPath: jest.SpyInstance<ResolvedEngine['findClassPath']>
+      let findClassPath: jest.SpyInstance
 
       beforeEach(() => {
         log = jest.spyOn(console, 'log').mockImplementation()
         findClassPath = jest
-          .spyOn(<any>ResolvedEngine.prototype, 'findClassPath')
+          .spyOn(ResolvedEngine.prototype as any, 'findClassPath')
           .mockImplementation()
       })
 
@@ -67,6 +67,33 @@ describe('Marp CLI', () => {
         )
       })
 
+      context(
+        'when resolved core has unexpected version against bundled',
+        () => {
+          const pkgJson = { name: '@marp-team/marp-core', version: '0.0.0' }
+          const pkgPath = '../node_modules/@marp-team/marp-core/package.json'
+
+          beforeEach(() => {
+            findClassPath.mockImplementation(() =>
+              assetFn('../node_modules/@marp-team/marp-core/lib/marp.js')
+            )
+
+            jest.doMock(pkgPath, () => pkgJson)
+          })
+
+          afterEach(() => jest.unmock(pkgPath))
+
+          it('outputs resolved version as user-installed core', async () => {
+            expect(await marpCli([cmd])).toBe(0)
+            expect(log).toBeCalledWith(
+              expect.stringContaining(
+                'user-installed @marp-team/marp-core v0.0.0'
+              )
+            )
+          })
+        }
+      )
+
       context('with specified Marpit engine', () => {
         const cmds = [cmd, '--engine', '@marp-team/marpit']