A multi-camera vision system for a vehicle includes first, second and third image capture devices disposed at respective vehicle portions. The first image capture device field of view overlaps with the third image capture device field of view defining a first overlap zone, and the second image capture device field of view overlaps with the third image capture device field of view defining a second overlap zone. Responsive to processing by an image processor of received image data, a synthesized image is generated without duplication of objects present in the first overlap zone and in the second overlap zone. The synthesized image approximates a view as would be seen by a virtual camera at a single location exterior of the vehicle, and is displayed by a single display screen of a reconfigurable display device that is viewable by a driver of the vehicle when normally operating the vehicle.