Mitsubishi Lancer Evolution I
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Mitsubishi

Lancer Evolution I

1992-1994AWD
247 hp
0-100 in 5.5s
๐Ÿ“– Buyer's Guide

About the Mitsubishi Lancer Evolution I

The Evolution I is where it all started: Mitsubishi took the ordinary Lancer, dropped in the Galant VR-4's 4G63 turbo engine and all-wheel-drive system, and homologated it for Group A rallying in 1992. It made 247 hp in a 1240 kg car, which in period was a genuinely startling combination.

HOW DOES IT SCORE?

Reliability72/100
Economy50/100
Insurance Cost68/100
Import Price72/100
Maintenance72/100
Practicality60/100
Parts Availability62/100

Maintenance & Reliability

Wrenching Headache Rating
6/10 ยท Moderate DIY

4G63T is a known quantity; basic AWD service required.

Technical Specs

Engine

2.0L Turbo (4G63)

Drivetrain

AWD

Horsepower

247 hp

Torque

309 Nm

Weight

1240 kg

0-100 km/t

5.5s

Production Years

1992-1994

Investment Grade

C

MARKET ANALYSIS ๐Ÿ“ˆ

๐Ÿ‡บ๐Ÿ‡ธ USD

$30,907

๐Ÿ‡ช๐Ÿ‡บ โ‚ฌ28,355

๐Ÿ“… Last 12 monthsโ–ผ -7%
๐Ÿ“† Last 5 yearsโ–ฒ +5%

Price history

$29,435
2021
$30,385
2022
$31,334
2023
$32,284
2024
$33,233
2025
$30,907
2026
C

Investment Grade ยท Accessible

The Mitsubishi Lancer Evolution I (1992-1994) is firmly a driver's car in market terms. With bulletproof reliability (72/10) that owners routinely daily-drive and low running costs (72/10 maintenance), plus parts remain widely available (62/10), the AWD layout stays usable day-to-day. Values have softened slightly (-7.0% over 12 months) and a rarity score of 40/100 means you can afford to wait for the right car, which means there is little pressure to overpay โ€” walk away from rough cars and let the next one come along. Buy it to drive, not to flip.

Price estimates are based on market research and recent sales data. Values fluctuate based on condition, mileage, and market demand. Not financial advice.

Owner Reviews

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