MARKET ANALYSIS
VIII (2003 to 2005)

Introduced in 2003, the Mitsubishi Lancer Evolution VIII built on the Evo’s rally-bred foundations while broadening its global appeal, pairing a 2.0-litre turbocharged inline-four with an advanced all-wheel-drive system in a more refined yet still highly capable performance sedan. Offered in key trims including RS, GSR, and MR, the Evo VIII introduced further chassis and drivetrain improvements that sharpened handling and everyday usability, helping cement its reputation as one of the most well-rounded Evolutions. Estimated global production sits at approximately 25,000–30,000 units across its 2003–2005 run. In the Australian market, the Evo VIII was officially sold, and today values are driven by trim level (MR premium), manual transmission preference, originality, mileage, and condition, with clean, unmodified examples increasingly sought after as buyers recognise the Evo VIII as a sweet spot between raw rally heritage and modern usability.
Model years for Mitsubishi Lancer Evolution (2003 to 2005)

2003 MITSUBISHI LANCER EVO VIII
2003 • Manual • RHD
🇦🇺Melbourne, Victoria
$35,000
Auction
Sep 14, 2021
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
2003 MITSUBISHI LANCER EVO VIII
2003 • Manual • RHD
🇦🇺Acacia Ridge, QLD
$30,100
Auction
Sep 13, 2023
2003 Mitsubishi Lancer Evo VIII GSR
2003 • Manual • RHD
🇦🇺Ravenhall, VIC
$27,000
Auction
May 05, 2024
2003 Mitsubishi Lancer Evo VIII GSR
2003 • Manual • RHD
🇦🇺VIC
$30,000
Auction
Jul 31, 2024
2004 Mitsubishi Lancer Evo VIII MR
2004 • Manual • RHD
🇦🇺Pakenham, VIC
$32,500
Auction
Sep 01, 2024
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2003 Mitsubishi Lancer Evo VIII
2003 • Manual • RHD
🇦🇺Dapto, NSW
$25,000
Auction
Apr 27, 2025
2004 Mitsubishi Lancer Evolution VIII MR
2004 • Manual • RHD
🇦🇺Morphetvale, SA
$40,250
Auction
May 07, 2025
2004 Mitsubishi Lancer Evo VIII MR
2004 • Manual • RHD
🇦🇺Peakhurst, NSW
$51,000
Auction
Jul 27, 2025
2003 Mitsubishi Lancer Evo VIII
2004 • Manual • RHD
🇦🇺Clyde, VIC
$28,250
Auction
Aug 28, 2025
2004 Mitsubishi Lancer Evo VIII MR
2004 • Manual • RHD
🇦🇺Cairns, QLD
$37,000
Auction
Sep 03, 2025