Mitsubishi Lancer Evolution

1998 · Sedan

Over the past 12 months, 2 have sold publicly at a median of $27,750. The Shifty Estimate for a well-kept example is $43,600. Across the sales we have on file, prices ran from $14,000 to $47,463, depending on mileage, color, and history.

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Shifty Estimate
$43,600
Medium confidence · $36K to $50K
Median · 12 mo
$27,750
Sales · 12 mo
2

The market

Every recorded 1998 Mitsubishi Lancer Evolution sale, by date and price
Aug 2026 · Cars & Bids
$41,500 · 96,700 mi · Silver
See this car
$20k$30k$40kJan 202420252026SHIFTY ESTIMATE $44k
Sold Bid to, not sold
8 sales · 4 unsoldmedian $28kupdated Aug 2026

Community

Latest results

The newest 1998 Mitsubishi Lancer Evolution sales with photographs
1998 Mitsubishi Lancer Evolution, sold Nov 2025

Sold $14,000

1998 · White · 95,900 mi
Nov 17, 2025 · Cars & Bids
1998 Mitsubishi Lancer Evolution, sold Apr 2025

Sold $34,500

1998 · Gray · 145,000 mi
Apr 28, 2025 · Bring a Trailer
1998 Mitsubishi Lancer Evolution, sold Mar 2025

Sold $47,463

1998 · White · 53,000 mi
Mar 28, 2025 · Bring a Trailer
1998 Mitsubishi Lancer Evolution, sold Dec 2024

Sold $35,000

1998 · Gray · 108,000 mi
Dec 30, 2024 · Bring a Trailer
1998 Mitsubishi Lancer Evolution, sold Oct 2024

Sold $28,000

1998 · White · 67,000 mi
Oct 11, 2024 · Bring a Trailer
1998 Mitsubishi Lancer Evolution, sold May 2024

Sold $35,500

1998 · White · 134,000 mi
May 9, 2024 · Bring a Trailer

Specifications

Engine
Inline-4 Turbo, 2.0L Turbo
Power
276 hp
Torque
274 lb-ft
0 to 60
4.4 s
Top speed
155 mph
Transmission
Manual
Drivetrain
AWD

Common questions

How much does a Mitsubishi Lancer Evolution cost?

Over the past 12 months, 2 have sold publicly at a median of $27,750. The Shifty Estimate for a well-kept example is $43,600. Across the sales we have on file, prices ran from $14,000 to $47,463, depending on mileage, color, and history.

What is a 1998 Mitsubishi Lancer Evolution worth today?

The Shifty Estimate is $43,600. That sits above the $27,750 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. We rate confidence medium: 2 public sales in a year is a thin market, and the spread between them is wide.

How many Mitsubishi Lancer Evolution have sold?

Shifty has 8 public sales of the Mitsubishi Lancer Evolution on file. The earliest was on Jan 4, 2024.

What is the most expensive Mitsubishi Lancer Evolution sold?

The highest public sale on file is $47,463, on Mar 28, 2025, with 53,000 mi.

What has a Mitsubishi Lancer Evolution sold for at auction?

The 3 most recent public sales we have on file:

  • $41,500Aug 6, 2026Silver · 96,700 mi
  • $14,000Nov 17, 2025White · 95,900 mi
  • $34,500Apr 28, 2025Gray · 145,000 mi

About the 1998 Mitsubishi Lancer Evolution

The Lancer Evolution V represents Mitsubishi's rally-bred masterpiece at its peak development. Built around the legendary 4G63T 2.0-liter turbocharged four-cylinder producing 276 horsepower, the Evo V delivered all-wheel-drive precision that dominated both WRC stages and touge runs. This 1998 model introduced refined aerodynamics with its signature large rear wing and aggressive front splitter, while Recaro seats and a titanium turbine wheel showcased Mitsubishi's commitment to performance. With only right-hand-drive production for the Japanese market, genuine Evo Vs remain highly sought after by collectors who understand their significance in rally history. The Active Yaw Control system and sophisticated suspension tuning created a driving experience that modern hot hatches still chase. As values continue climbing, clean examples represent both driving nirvana and solid investment potential for serious enthusiasts.

Sales and listings

Showing 12 of 12 on file

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