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Australia market

Mitsubishi Lancer Evolution IV

1996–1998

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  • Lowest price

    $21,000

    Since 2020

  • Median price

    $24,125

    Since 2020 · n=2

  • Highest price

    $27,250

    Since 2020

  • Sold cars

    2

    All time

  • Sell-through

    100%

    Of 2 lots

Mitsubishi Lancer Evolution IV

Based on 2 verified auction results

No signal yet

$24,125

Market value · recent verified sales

MSRP

Collectibility

7/10

Highly Collectible

3-Year Forecast

Not enough sales data

5-Year Forecast

Not enough sales data

Estimates based on 2 verified Australia sales.

Market scores

41

Desirability

Illiquid

10

Liquidity

Moderate

50

Resale Outlook

Marque analyst note

The Mitsubishi Lancer Evolution IV sits at a median asking price of AUD $24,125 in the Australian market, where it occupies the appreciating classic segment. With only two transactions tracked over the past twelve months, the dataset is too sparse to establish a reliable year-on-year trend or assess recent directional momentum against the broader market.

Production reached approximately 9,000 units globally, positioning the Evolution IV as a modestly scarce modern classic with a collectibility score of 7 out of 10. The model's desirability remains moderate despite its performance heritage and rally-bred credentials, reflecting the competitive field of Japanese performance cars now entering the collector space.

Market liquidity is notably constrained, with just two sales recorded in the entire tracked universe and zero active listings at present. This illiquidity presents a genuine friction point for both buyers seeking to acquire and sellers looking to exit, as matching willing parties becomes a matter of patience and networking rather than straightforward market availability.

The absence of mileage data and forward-looking projections limits visibility into typical condition profiles or valuation momentum over the next three to five years. Until transaction frequency improves materially, this segment will remain opaque to price-discovery mechanisms that rely on regular market turnover.

Depreciation Benchmark

  • Current avg value$24,125
  • Segment average+3.0 to +9.5%/yr

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$1,830
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$7,610
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$24,125
  • Avg Mileage at Sale
  • Recent Price Range$21,000 – $27,250
  • Total Sales Tracked2

Recent sales

  • $27,250

    Collecting Cars · 9 Jun 2025

  • $21,000

    Collecting Cars · 16 Aug 2024

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.