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Cars / Mitsubishi / Lancer EvolutionLive
2003 Mitsubishi Lancer Evolution

✦ Shifty Estimate

$29,100

High confidence$23K to $51K
12 months median
$33K
Sales, 12 months
4
Original MSRP
$29,562 · ▼ 2% since

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2003 Mitsubishi Lancer Evolution

2003 to 2005 · Sedan

Price history

$25k$50k$75k$100k$125kApr 20182020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $29k
Sold Bid, not sold
38 sales · 14 unsoldmedian $33kupdated Sep 2026

Recent sales

38 sales

Specifications

Engine
Inline-4 Turbo, 2.0L Turbo
Power
271 hp
Torque
273 lb-ft
0 to 60
5.1s
Top speed
149 mph
Transmission
Manual
Drivetrain
AWD
Original MSRP
$29,562

Common questions

How much does a Mitsubishi Lancer Evolution cost?

A 2003 Mitsubishi Lancer Evolution cost $29,562 new. Over the past 12 months, 4 have sold publicly at a median of $33,125. The Shifty Estimate for a well-kept example is $29,100. Cars have changed hands anywhere from $22,750 to $50,500, depending on mileage, color, and history.

What is a 2003 Mitsubishi Lancer Evolution worth today?

The Shifty Estimate is $29,100. Confidence is high: 4 public sales in a year gives a firm read.

What has a Mitsubishi Lancer Evolution sold for at auction?

The 3 most recent public sales we have on file:

  • $21,000Jul 15, 2026Rally Red · 90,000 mi
  • $38,500Mar 15, 2026Apex Silver (A31) · 66,000 mi
  • $27,750Jan 6, 2026Lightning Yellow (Y01) · 36,000 mi

The Evo VIII represents the sweet spot of Mitsubishi's rally-bred icon, introducing the legendary 4G63T's final evolution with MIVEC variable valve timing. This generation pumped out 271 horsepower and 273 lb-ft through the sophisticated Super All-Wheel Control system, making it devastatingly quick on both tarmac and gravel. The VIII's aggressive Ralliart aero package and wider track gave it a menacing presence that matched its capabilities. With only around 10,000 units reaching US shores across the three model years, clean examples are increasingly coveted. The combination of accessible tuning potential, bulletproof drivetrain, and direct lineage to Tommi Mäkinen's championship-winning rally cars makes this generation particularly desirable. Values have been climbing steadily as enthusiasts recognize the VIII as the last of the 'pure' Evos before the IX's more refined approach. Finding an unmolested example is the holy grail for collectors seeking authentic JDM performance heritage.