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.
Model years for Mitsubishi Lancer Evolution (1992 to 2016)

2010 Mitsubishi Lancer Evo X MR
2010 • Manual • RHD
🇦🇺Oxley, ACT
$21,650
Auction
Jan 18, 2026
1996 Mitsubishi Lancer Evo IV
1996 • Manual • RHD
🇦🇺Greensborough, VIC
$19,750
Auction
Dec 15, 2025
2000 Mitsubishi EVO VI - Tommi Makinen Edition
2000 • Manual • RHD
🇦🇺Melbourne, Victoria
$59,000
Auction
Aug 14, 2021
2000 Mitsubishi Evo VI Tommi Mäkinen
2000 • Manual • RHD
🇦🇺Lidcombe, NSW
$58,500
Auction
Nov 27, 2025
1999 MITSUBISHI LANCER EVO VI
1999 • Manual • RHD
🇦🇺Lane Cove North, New South Wales
$30,250
Auction
Jan 19, 2021
2015 MITSUBISHI LANCER EVO X FINAL EDITION
2015 • Manual • RHD
🇦🇺Perth, Western Australia
$66,000
Auction
Aug 12, 2021
2003 MITSUBISHI LANCER EVO VIII
2003 • Manual • RHD
🇦🇺Melbourne, Victoria
$35,000
Auction
Sep 14, 2021
2002 MITSUBISHI LANCER EVO VII GT-A
2002 • Manual • RHD
🇦🇺Nowra, New South Wales
$19,000
Auction
Dec 07, 2021
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2004 MITSUBISHI LANCER EVO VIII MR
2004 • Manual • RHD
🇦🇺Sydney, New South Wales
$32,150
Auction
Dec 14, 2021
2004 MITSUBISHI LANCER EVO VIII MR
2004 • Manual • RHD
🇦🇺Brisbane, Queensland
$52,000
Auction
Jun 12, 2022
2004 MITSUBISHI LANCER EVO VIII MR
2004 • Manual • RHD
🇦🇺Clayton South, Victoria
$46,250
Auction
Jun 29, 2022
2005 MITSUBISHI LANCER EVO IX WAGON GTA
2005 • Manual • RHD
🇦🇺Sydney, NSW
$22,000
Auction
Jul 07, 2022
2000 MITSUBISHI LANCER EVO VI ‘TOMMI MAKINEN’ RS2
2000 • Manual • RHD
🇦🇺Brisbane, QLD
$80,500
Auction
Dec 11, 2022
1999 MITSUBISHI LANCER EVOLUTION VI
1999 • Manual • RHD
🇦🇺Queanbeyan, ACT
$24,250
Auction
Jun 28, 2023
2003 MITSUBISHI LANCER EVO VIII
2003 • Manual • RHD
🇦🇺Acacia Ridge, QLD
$30,100
Auction
Sep 13, 2023
1998 Mitsubishi Lancer Evolution V
1998 • Manual • RHD
🇦🇺Gladesville, NSW
$47,970
Auction
Oct 24, 2023
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1999 Mitsubishi Lancer Evo VI
1999 • Manual • RHD
🇦🇺Melbourne, VIC
$25,750
Auction
Dec 06, 2023
2006 Mitsubishi Lancer Evolution IX MR
2005 • Manual • RHD
🇦🇺Melbourne, VIC
$46,250
Auction
May 02, 2024
2003 Mitsubishi Lancer Evo VIII GSR
2003 • Manual • RHD
🇦🇺Ravenhall, VIC
$27,000
Auction
May 05, 2024
2000 Mitsubishi Evo VI Tommi Mäkinen
2000 • Manual • RHD
🇦🇺Keysborough, VIC
$44,500
Auction
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2003 Mitsubishi Lancer Evo VIII GSR
2003 • Manual • RHD
🇦🇺VIC
$30,000
Auction
Jul 31, 2024
1998 Mitsubishi Lancer Evo V
1998 • Manual • RHD
🇦🇺Annandale, NSW
$27,114
Auction
Aug 08, 2024
1996 Mitsubishi Lancer Evolution IV RS
1996 • Manual • RHD
🇦🇺Queanbeyan, NSW
$21,000
Auction
Aug 15, 2024
2004 Mitsubishi Lancer Evo VIII MR
2004 • Manual • RHD
🇦🇺Pakenham, VIC
$32,500
Auction
Sep 01, 2024
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