2004 Mitsubishi Lancer Evolution VIII MR

2004 to 2005 · Sedan

Shifty Estimate
$20,000
Medium confidence · $17K to $60K
Median · 12 mo
$36,750
Sales · 12 mo
3
For sale now
2
Original MSRP
$35,000Down 43% since new

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Price history

Every recorded 2004 Mitsubishi Lancer Evolution VIII MR sale, by date and price
Sep 2026 · Collecting Cars
$19,995 · 99,924 mi
See this car
$20k$30k$40k$50k$60kJun 202020222023202420252026SHIFTY ESTIMATE $20k
Sold
6 salesmedian $37kupdated Sep 2026

For sale now

2 2004 Mitsubishi Lancer Evolution VIII MR listings we can see

Every sale

6 sales of the 2004 Mitsubishi Lancer Evolution VIII MR on file

Specifications

Engine
Turbo I4, 2.0L
Power
286 hp
Torque
289 lb-ft
0 to 60
4.6 s
Top speed
157 mph
Transmission
Manual
Drivetrain
AWD
Curb weight
3,197 lb
Original MSRP
$35,000

Common questions

How much does a Mitsubishi Lancer Evolution VIII MR cost?

A 2004 Mitsubishi Lancer Evolution VIII MR cost $35,000 new. Over the past 12 months, 3 have sold publicly at a median of $36,750. The Shifty Estimate for a well-kept example is $20,000. Cars have changed hands anywhere from $17,000 to $60,150, depending on mileage, color, and history.

What is a 2004 Mitsubishi Lancer Evolution VIII MR worth today?

The Shifty Estimate is $20,000. That sits below the $36,750 median of actual sales because the estimate weights the most recent results most heavily, and recent sales have come in under the longer-run median. We rate confidence medium: 3 public sales in a year is a thin market, and the spread between them is wide.

What has a Mitsubishi Lancer Evolution VIII MR sold for at auction?

The 3 most recent public sales we have on file:

  • $19,995Sep 11, 202699,924 mi
  • $36,750Jan 27, 2026Graphite Gray Pearl (A39) · 25,000 mi
  • $66,000Nov 21, 2025Apex Silver · 6,000 mi

About the 2004 Mitsubishi Lancer Evolution VIII MR

The Evo VIII MR represents the sweet spot in Mitsubishi's rally-bred lineage, introducing the Bilstein dampers and aluminum roof that would define the MR (Mitsubishi Racing) variants. Its 4G63T engine delivers 286 horsepower through the legendary AYC (Active Yaw Control) system, making it devastatingly effective on both track and street. The MR's weight reduction measures and revised suspension geometry created what many consider the most balanced Evolution ever built. With only two model years of production, clean examples are increasingly sought after by collectors who appreciate its position as the last of the 'analog' Evos before electronic nannies took over. Values have steadily climbed as enthusiasts recognize the VIII MR as the purest expression of Mitsubishi's rally DNA in street form.