A 2008 Mitsubishi Lancer Evolution still asks 115% of what a 2015 one does — that's how much value it holds after 7 years. Among 85 sedans we price, that ranks #4, above the 49% class median. The steepest single-year drop comes at year 1 (−22.4%), after which losses ease to about 18.1% a year. Calculated from 36 listings.
Mitsubishi Lancer Evolution value by year
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2015 | $28,995 | $54,700 | 5 | |
| 2014 | $18,000 | $32,900 | 6 | |
| 2013 | $15,000 | $24,725 | 4 | |
| 2011 | $16,499 | $29,999 | 3 | |
| 2008 | $19,500 | $39,999 | 3 | |
| 2005 | $29,980 | $29,980 | 4 | |
| 2003 | $15,000 | $34,000 | 5 | |
| 2001 | $30,995 | $38,995 | 3 | |
| 1997 | $23,995 | $23,995 | 3 |
How the Mitsubishi Lancer Evolution depreciates
The newest Mitsubishi Lancer Evolution has a median asking price of $34,790; a 18-year-older one runs about $23,995 — roughly 31% lost over 18 years (compare the typical depreciation curve by age).
Does the Mitsubishi Lancer Evolution hold value better than its rivals?
Over the same 7 years the BMW M3 keeps 101%, against 115% for the Lancer Evolution. The Lancer Evolution holds value better than the BMW M3.
The Mitsubishi Lancer Evolution market right now
Adjust your Mitsubishi Lancer Evolution value for mileage
Trade-in, private-party & dealer price
For a 2015 Mitsubishi Lancer Evolution: a dealer trade-in offer is around $28,995, selling private-party nets about $34,790, and a lot asks near $54,700 — a $25,705 spread on the same car.
Stop guessing at a price range.
- The exact number, not a $4,000 spread
- Market chart: where this model's price is heading
- Price-drop alerts when the model you want gets cheaper
- Full research report as a PDF
- No ads, no tracking — and much more
Get an exact Mitsubishi Lancer Evolution value by VIN
More on the Mitsubishi Lancer Evolution
Mitsubishi Lancer Evolution value FAQ
How much is a Mitsubishi Lancer Evolution worth?
It depends mostly on the model year: in our listings the median asking price runs from $20,500 to $39,990 across 9 model years. A 2015 is worth about $34,790, the median of 5 listings.
How much does mileage cut a Mitsubishi Lancer Evolution's value?
Among Lancer Evolutions from the last eight model years, those with 40,000 to 100,000 miles ask a median $30,291, and those with over 150,000 miles ask $15,000.
Does the Lancer Evolution hold value better than the BMW M3?
Yes: over 7 years the Lancer Evolution keeps 115% of its value and the BMW M3 101%, by the median asking prices of the 2015 and 2008 model years.
Mark ForCar as a preferred source and our data shows up first in your Google results. One click, no account.