MARKET ANALYSIS
Lancer Evolution (1992 to 2016)

The Mitsubishi Lancer Evolution, commonly known as the Evo, was a performance-focused sports sedan introduced in 1992, developed primarily to homologate Mitsubishi’s World Rally Championship efforts. Built around a turbocharged 2.0-litre inline-four engine and a sophisticated all-wheel-drive system, every Evolution model was engineered with motorsport in mind, blending everyday usability with serious rally-bred performance. The model evolved through ten generations (Evolution I to Evolution X), each refining chassis, drivetrain, and aerodynamics, while maintaining the core formula that made the Evo a global icon. Although originally a Japanese-market model, strong international demand saw the Lancer Evolution officially reach markets like Australia, where it quickly built a cult following thanks to its rally success, tuning potential, and giant-killing performance. In total, just over 90,000 examples of the Lancer Evolution were produced globally before Mitsubishi ended production in 2016, marking the end of one of the most influential performance car nameplates of the modern era.
The Mitsubishi Lancer Evolution, commonly known as the Evo, was a performance-focused sports sedan introduced in 1992, developed primarily to homologate Mitsubishi’s World Rally Championship efforts. Built around a turbocharged 2.0-litre inline-four engine and a sophisticated all-wheel-drive system, every Evolution model was engineered with motorsport in mind, blending everyday usability with serious rally-bred performance. The model evolved through ten generations (Evolution I to Evolution X), …
Model years for Mitsubishi Lancer Evolution (1992 to 2016)

2004 Mitsubishi Lancer Evolution VIII MR
86,800 km • Manual • RHD
🇦🇺Greenacre, NSW
SOLD
$50,000
Auction
Mar 12, 2026
JDM 2000 Mitsubishi Lancer Evolution VI GSR Tommi Makinen Edition
🇦🇺Melbourne, Australia
SOLD
$95,850
Auction
Jul 11, 2025
2000 Mitsubishi Evo VI Tommi Mäkinen
127,353 km • Manual • RHD
🇦🇺Unanderra, NSW
SOLD
$46,000
Auction
Feb 25, 2026
2010 Mitsubishi Lancer Evo X MR
210,612 km • Automatic • RHD
🇦🇺Oxley, ACT
SOLD
$21,650
Auction
Jan 18, 2026
1996 Mitsubishi Lancer Evo IV
71,500 km • Manual • RHD
🇦🇺Greensborough, VIC
NOT SOLD
Auction
Dec 29, 2025
2000 Mitsubishi EVO VI - Tommi Makinen Edition
101,760 km
🇦🇺Melbourne, Victoria
SOLD
$59,000
Auction
Aug 14, 2021
2000 Mitsubishi Evo VI Tommi Mäkinen
120,398 km • Manual • RHD
🇦🇺Lidcombe, NSW
SOLD
$58,500
Auction
Nov 27, 2025
1999 MITSUBISHI LANCER EVO VI
123,446 km • Manual • RHD
🇦🇺Lane Cove North, New South Wales
SOLD
$30,250
Auction
Jan 19, 2021
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2015 MITSUBISHI LANCER EVO X FINAL EDITION
19,002 km • Manual • RHD
🇦🇺Perth, Western Australia
SOLD
$66,000
Auction
Aug 12, 2021
2003 MITSUBISHI LANCER EVO VIII
128,000 km • Manual • RHD
🇦🇺Melbourne, Victoria
SOLD
$35,000
Auction
Sep 14, 2021
2002 MITSUBISHI LANCER EVO VII GT-A
121,401 km • Automatic • RHD
🇦🇺Nowra, New South Wales
SOLD
$19,000
Auction
Dec 07, 2021
2004 MITSUBISHI LANCER EVO VIII MR
171,583 km • Manual • RHD
🇦🇺Sydney, New South Wales
SOLD
$32,150
Auction
Dec 14, 2021
2004 MITSUBISHI LANCER EVO VIII MR
52,269 km • Manual • RHD
🇦🇺Brisbane, Queensland
SOLD
$52,000
Auction
Jun 12, 2022
2004 MITSUBISHI LANCER EVO VIII MR
102,631 km • Manual • RHD
🇦🇺Clayton South, Victoria
SOLD
$46,250
Auction
Jun 29, 2022
2005 MITSUBISHI LANCER EVO IX WAGON GTA
120,615 km • Automatic • RHD
🇦🇺Sydney, NSW
SOLD
$22,000
Auction
Jul 07, 2022
2000 MITSUBISHI LANCER EVO VI ‘TOMMI MAKINEN’ RS2
47,838 km • Manual • RHD
🇦🇺Brisbane, QLD
SOLD
$80,500
Auction
Dec 11, 2022
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1999 MITSUBISHI LANCER EVOLUTION VI
98,291 km • Manual • RHD
🇦🇺Queanbeyan, ACT
SOLD
$24,250
Auction
Jun 28, 2023
2003 MITSUBISHI LANCER EVO VIII
114,844 km • Manual • RHD
🇦🇺Acacia Ridge, QLD
SOLD
$30,100
Auction
Sep 13, 2023
1998 Mitsubishi Lancer Evolution V
80,509 km • Manual • RHD
🇦🇺Gladesville, NSW
SOLD
$47,970
Auction
Oct 24, 2023
1999 Mitsubishi Lancer Evo VI
134,573 km • Manual • RHD
🇦🇺Melbourne, VIC
SOLD
$25,750
Auction
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2006 Mitsubishi Lancer Evolution IX MR
85,728 km • Manual • RHD
🇦🇺Melbourne, VIC
SOLD
$46,250
Auction
May 02, 2024
2003 Mitsubishi Lancer Evo VIII GSR
126,861 km • Manual • RHD
🇦🇺Ravenhall, VIC
SOLD
$27,000
Auction
May 05, 2024
2000 Mitsubishi Evo VI Tommi Mäkinen
110,664 km • Manual • RHD
🇦🇺Keysborough, VIC
SOLD
$44,500
Auction
Jul 16, 2024
2003 Mitsubishi Lancer Evo VIII GSR
165,254 km • Manual • RHD
🇦🇺VIC
SOLD
$30,000
Auction
Jul 31, 2024
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