Mitsubishi Lancer Evolution IX

The Mitsubishi Lancer Evolution IX has fallen to a median of US$57,500 in the US market, down 25 percent over the past twelve months on a thin sample of five tracked transactions. This decline signals weakening demand despite the car's status as a stable modern classic, and the downward pressure appears structural rather than cyclical.

Desirability remains low across the market, which is unusual for a car that commands collectible status. The thin liquidity—reflected in the small transaction sample and zero active listings at review—suggests buyers and sellers are disconnected on value, creating friction for both sides of the transaction.

Most examples on the market average around 46,000 miles, placing them firmly in the driven-modern-classic category rather than garage queens. This mileage profile is typical for the model and does not appear to be driving the current depreciation.

Forward projections paint a challenging picture. The base case anticipates prices falling to US$30,112 within three years (a 47.6 percent decline from current levels) and US$24,805 within five years (56.9 percent down). These declines assume continued weak demand and limited collector interest sustaining the current trajectory.

Sellers should act with urgency given the downward momentum and medium confidence in valuations. The combination of thin transaction data, low desirability scores, and steep projected losses suggests this is not a holding market for the near term.