A multi-camera vision system for a vehicle includes first, second and third image capture devices having respective first, second and third fields of view exterior of the vehicle. The first field of view overlaps with the third field of view defining a first overlap zone, and the second field of view overlaps with the third field of view defining a second overlap zone. Responsive to processing of captured image data, a synthesized image is generated without duplication of objects present in the first and second overlap zones and the synthesized image approximates a view as would be seen by a virtual camera at a single location exterior of the vehicle. The synthesized image is displayed by a single display screen that is viewable by a driver of the vehicle and the synthesized image assists the driver in executing a maneuver of the vehicle with a trailer attached thereto.