✦ Shifty Estimate
$36,200
- all time median
- $35K
- Sales, all time
- 7
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1998 Mitsubishi Lancer Evolution
1998 · Sedan
Price history
Recent sales
More sales on file
The full sale history lives in the app.
Every sale for this exact market, with the chassis behind each number. Drop your email and you are first in.
Specifications
- Engine
- Inline-4 Turbo, 2.0L Turbo
- Power
- 276 hp
- Torque
- 274 lb-ft
- 0 to 60
- 4.4s
- Top speed
- 155 mph
- Transmission
- Manual
- Drivetrain
- AWD
Common questions
How much does a Mitsubishi Lancer Evolution cost?
Across every sale we have on file, 7 have sold publicly at a median of $34,500. The Shifty Estimate for a well-kept example is $36,200. Cars have changed hands anywhere from $29,300 to $41,630, depending on mileage, color, and history.
What is a 1998 Mitsubishi Lancer Evolution worth today?
The Shifty Estimate is $36,200. We rate confidence medium: 7 public sales in a year is a thin market, and the spread between them is wide.
What has a Mitsubishi Lancer Evolution sold for at auction?
The 3 most recent public sales we have on file:
- $14,000Nov 17, 2025White · 95,900 mi
- $34,500Apr 28, 2025Gray · 145,000 mi
- $47,463Mar 28, 2025White · 53,000 mi
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.