Mitsubishi Lancer Evolution V
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Mitsubishi

Lancer Evolution V

1998AWD
276 hp
0-100 in 5.0s
๐Ÿ“– Buyer's Guide

About the Mitsubishi Lancer Evolution V

The Mitsubishi Lancer Evolution V is one of the cornerstone Japanese performance cars of its era. It's the kind of build that earned the JDM scene its global reputation.

HOW DOES IT SCORE?

Reliability75/100
Economy50/100
Insurance Cost72/100
Import Price78/100
Maintenance75/100
Practicality62/100
Parts Availability70/100

Maintenance & Reliability

Wrenching Headache Rating
6/10 ยท Moderate DIY

4G63T with AYC โ€” drivetrain fluids must be on schedule.

Technical Specs

Engine

2.0L Turbo (4G63)

Drivetrain

AWD

Horsepower

276 hp

Torque

373 Nm

Weight

1360 kg

0-100 km/t

5.0s

Production Years

1998

Investment Grade

C+

MARKET ANALYSIS ๐Ÿ“ˆ

๐Ÿ‡บ๐Ÿ‡ธ USD

$32,133

๐Ÿ‡ช๐Ÿ‡บ โ‚ฌ29,480

๐Ÿ“… Last 12 monthsโ–ผ -2%
๐Ÿ“† Last 5 yearsโ–ฒ +9%

Price history

$29,480
2021
$30,307
2022
$31,134
2023
$31,962
2024
$32,789
2025
$32,133
2026
C

Investment Grade ยท Accessible

The Mitsubishi Lancer Evolution V (1998) currently represents an accessible entry point into JDM ownership. Owners benefit from bulletproof reliability (75/10) that owners routinely daily-drive, low running costs (75/10 maintenance), and parts remain widely available (70/10) โ€” a combination that keeps the AWD driving experience genuinely usable day-to-day. While not showing the same appreciation as higher-graded models, values have remained relatively stable and the car offers strong driving enjoyment relative to its price point. Buyers prioritising driving experience over investment potential will find excellent value here.

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

Reviews are from community members. Individual experiences vary.

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