Mitsubishi Lancer Evolution Evo V
Sold prices, market value and cars for sale
As of October 21, 2026, Shifty has recorded 8 public sales of the Mitsubishi Lancer Evolution Evo V. The records run from January 2024 to August 2026. 2 sold in the past 12 months. The Shifty Estimate for the Lancer Evolution is $43,600.
Versions
About the Mitsubishi Lancer Evolution Evo V
- Built
- 1998
- Versions
- 1
- Body styles
- Sedan
- Engine
- Inline-4 Turbo, 2.0L Turbo
- Power
- 276 hp
- 0 to 60
- 4.4 s
- Top speed
- 155 mph
The Mitsubishi Lancer Evolution Evo V was built in 1998.
The Lancer Evolution, the most traded version: 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.
The market
Recent sales
Common questions
How much does a Mitsubishi Lancer Evolution Evo V cost?
Half of the 8 most recent sales landed between $31,000 and $35,500. The Shifty Estimate is $43,600.
What is a Mitsubishi Lancer Evolution Evo V worth today?
The Shifty Estimate for the Lancer Evolution is $43,600. It describes a well-kept example.
What is the most expensive Mitsubishi Lancer Evolution Evo V ever sold?
The highest sale on file is $47,463, for a 1998 Mitsubishi Lancer Evolution at Bring a Trailer. It sold on Mar 28, 2025. It showed 53,000 miles.
How many Mitsubishi Lancer Evolution Evo V examples have sold?
Shifty has recorded 8 public sales since January 2024. 2 came in the past 12 months. The most recent sold for $41,500 on Aug 6, 2026.
Where do Mitsubishi Lancer Evolution Evo V examples sell?
Of the last 8 sales with a known venue, 6 were at Bring a Trailer. The rest: Cars & Bids (2).
How many miles do Mitsubishi Lancer Evolution Evo V examples have when they sell?
Across the last 8 sales with a recorded odometer, the median was 102,350 miles. The lowest showed 53,000 miles and the highest 162,000 miles.
Where do Shifty's Mitsubishi Lancer Evolution Evo V prices come from?
Every figure here comes from recorded public sales and live listings of the Mitsubishi Lancer Evolution Evo V. Each sale is filed by version and year. Shifty leaves out cars without a clean title, mismatched cars and implausible prices. The Shifty Estimate weights the most recent sales most heavily. These figures were read on October 21, 2026.