Pricing for a used 2015 Mitsubishi Lancer Evolution GT and SE versions is a few thousand more, but they come with a lot more features. The Evolution will cost you about $36,000 and can go over $40,000 with options, while the Ralliart turbocharged variant requires just over $30,000.
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What is the price of a Mitsubishi Evo 2?
You could acquire this rally legend for for $19,300. One lucky owner will be able to take this rally icon home for a respectable $19,300 with only 46,502 miles (75,000 kilometers) on the odometer.
What should you expect to pay for an Evo?
The average price of an Evo X is $38,000, however it can cost you anything from $27,000 to $49,000. Gas, repairs, license, and upkeep are additional costs associated with cruising in your X.
Costs associated with automotive modifications must also be taken into account if you want your vehicle to stand out from the crowd.
Remember that your Evo X loses about $1,400 in value per year. To determine the true cost of owning an Evo X, disregarding insurance charges, you must also take into account annual taxes and fees of $93 in addition to other expenses.
Repairs
Depending on your driving style, repairs differ. You’ll pay the average cost of maintenance if you drive your Evo X frequently and don’t push it to its limits all the time.
You should budget $500 per year for repairs if there aren’t any major problems with the engine or bodywork.
Maintenance
Expect a planned maintenance every 12 months or 10,000 miles to keep your Evo X in top condition. A thorough fluid change should be performed every 30,000 miles, coupled with an oil change and tire rotation every 5,000 miles.
Your 4B11T motor will take care of you for many years if you take good care of it.
Edmunds estimates that the cost of maintenance during the first five years of ownership might reach $8,654. The cost would be roughly $1,710 for the first year and only $562 for the next. The most expensive year would cost roughly $3,898.
Gas
Overall, the Evo doesn’t have the finest fuel efficiencyyou’ll need to fill up frequently. You should expect to obtain 16 mpg if you do the most of your city driving.
22 mpg is what you’ll get on the freeway. You should anticipate using more gas if you frequently drive it rapidly (like the majority of Evo X drivers).
What is the price of a Subaru Evo?
There will be a similar turbocharged rush in the American collector car market as there was in the new car market in 2002 and 2004 sooner than you might imagine. Expect the rally-tested Subaru Impreza WRX STI and Mitsubishi Lancer Evolution, both with all-wheel drive, to scream onto auction stages before coming to a complete halt like a Fast and the Furious scene.
When the Mitsubishi Evo entered the party in 2004, the WRX was already a legend, causing Automobile magazine to remark: “Second into space, but first on the moon!
In spite of the 2004 WRX/STi (Subaru Tecnica International) and the 2002 WRX (World Rally eXperimental) gaining weight and comfort over the previous 17 years, its original message of fierce performance packed into a daily-driver vehicle still holds true. While the “mad as a hatter” Evo vanished in 2015, tuner/believers continue to confidently take on all opponents. There are still rumors that Mitsubishi may bring the vehicle back, perhaps as a hybrid.
A new breed of wild-eyed aficionados was birthed by the original 227 horsepower, 2.0-liter, four-cylinder, all-wheel-drive WRX sport sedan, and they have only become wilder (like the cars) through the years. The 1992 Subaru Impreza WRX rally car with 236 horsepower, which won three World Rally Constructors Championships from 1995 to 1997, served as the basis for the WRX.
The turbocharged WRX destroyed its rivals in the market for just $23,995, demonstrating that it is both remarkably robust and streetable. After 12,000 grueling kilometers, the press vehicle I had driven for the inaugural media launch came into my possession once more. The steering, clutch, brakes, and gearbox were unharmed, and the interior’s material was unblemished.
The 276-hp STi, the WRX’s big brother, joined the lineup in 1994. It featured blue-printed parts, a driver-controlled center differential, and carbon fiber bracing. There were numerous special models that included gold wheels, ProDrive-blistered fenders, and World Rally Blue paint.
Before Subaru surprised the American public with the production WRX for the 2002 model year and the STI for the 2004 model year, the WRX and STi rally cars were adored all over the world. 35,096 WRXs were sold in the first year, much exceeding Subaru’s goal of 10,000 sales. Both a four-door sedan and a five-door hatchback version were offered. In the US, there was no two-door WRX coupe.
Mitsubishi’s Lancer Evolution VIII, affectionately referred to as the “Evo,” appeared on American televisions in 2004 like the Road Runner cartoon. It developed from seven Lancer rally car series dating back to 1992 (Roman numerals IVII), and between 1996 and 1999, it won four consecutive World Rally Championships. The 271-hp, $27,795 Evo VIII was a shockingly aggressive four-door sedan that was a werewolf in sheep’s clothes.
The WRX and the Evo clearly had an impact on international law enforcement. Police in Australia were obliged to drive the identical WRXs as the thieves as a result of smash-and-grab crimes utilizing the Subaru. Supposedly because nothing with the same level of utility could outrun it, UK police adopted the Evo.
The marketing director at IPD, a well-known Volvo tuner in Portland, Oregon, which also works on cars from Subaru, Mitsubishi, and other manufacturers, is Megan Russell. Russell is in the ideal demographic to understand this trend at the age of 30, with 10 years of expertise, including four years owning his own independent tuner/restorer Portland Speed Industries. Oh, and her partner brilliantly upgraded her 2003 Mitsubishi Evo VIII to 420 horsepower. She drives it.
Although the STi and Evo both started out on rally stages, according to Russell, their final destinations were different. Each had all-wheel drive, race-bred suspension, and four-cylinder turbocharged engines that produced about 275 horsepower. (Japanese manufacturers had a “gentleman’s agreement” in the 1990s to cap power at 283 hp; however, the actual number is believed to be as much as 50 hp higher.)
Both vehicles had a top speed of 140 mph and were capable of 060 mph in 5 seconds, a quarter-mile time of 14 seconds, and 100 mph. According to Russell, the Evo’s potential is far higher when electronic limiters are removed, and some claim it is possible to reach 175 mph (I’ve seen 159 mph and am still increasing). The quickest Russell is aware of produces 1700 horsepower, reaches 13,000 rpm, and completes a quarter-mile turn in 7.902 seconds.
The Evo is more of a race car, she claims, while the STi appeals to enthusiast daily drivers.
The 4G63 engine’s closed-deck heads can store more power than the STi EJ-series motor. With Active Yaw Controls that consider everything from steering angle, throttle control, speed, and torque split from turn to corner, Mitsubishi’s technology is far ahead of the competition.
Bottom line: A Subaru STi EJ engine platform is capable of producing roughly 400 horsepower.
That is the tipping point, according to Russell. “You may lose a lot of money over it. But the 4G engine in an Evo can produce 700 horsepower, which is a significant improvement. Both brands, according to Russell, have ardent fans, but both provide amazing driving experiences and foster passionate brand loyalty.
How many WRX/STi and Evo examples exist, then, if this market is going to make its presence felt in a society that is increasingly accepting of newer-model performance cars? From 2002 through 2018, Subaru produced 281,692 WRX/STi vehicles for the American market, with 35,069 units produced in 2002. After being integrated, WRX and STi sales ranged from 8323 in 2010 to 33,734 in 2015.
Mitsubishi produced 133,082 Evos in total, although the initial seven versions weren’t offered in the United States. 43,249 Evo VIII, IX, and X units in total were imported between 2003 and 2015. 12,846 Evo VIII (20032005); 8201 Evo IX (2006present); and 22,202 Evo X were produced (200815).
Subaru produced 400 wide-bodied 22B STis in 1998 to mark the company’s 40th anniversary and the third WRC constructors championship (never sold in the United States). In Japan, they were all gone in 30 minutes, and 24 more were made for export. There were three prototypes and sixteen that were sent to the UK and Australia. According to Russell, a low-mileage 22B with an asking price of $250,000 appeared in Hong Kong last year.
Prices for used Evo and WRX/STi models from recent manufacturing years range from roughly $20,000 to $35,000. Simple WRX variants from 2002 to 2005 can be obtained for about $10,000, whereas STi cars produced after the Evo was withdrawn can cost anywhere between $40,000 and $89,000.
The 200407 STi was one of the items on Hagerty’s 2019 Bull Market List. When we returned a year later to examine how the STI market had fared, it had increased by 20%, to the point where cars in #2-condition (Excellent) are now selling for an average of $33,820. Evo VIII prices on Bring a Trailer are in line with the current average price of $24,000 for a 2003 Mitsubishi Lancer Evo VIII GSR in condition #2. A 2003 Evo VIII with 17K miles most recently sold for $26,500.
Outside of Bring a Trailer, there haven’t been many WRX and Evo auction sales; these vehicles continue to fly under the radar because their owners prefer it that way. The record sale to date was a brand-new 2006 Evo IX MR with only nine miles on the odometer, but the final 2015 Evo manufactured sold for $76,400 in 2016. It foreshadows a future in which it might resell for even more because it sold in 2017 for $138,000$100,000 over list price.
Nobody ever imagined that these Japanese rally cars would become even remotely rare, especially so soon, which speaks everything about their continuing appeal, brilliant performance, and ongoing competitiveness.
Are evos pricey?
Some vendors are demanding high prices for specific Evolution models with extremely little mileage, with some professionally modified or exceptionally clean specimens being listed for more than $50,000. However, it’s not unusual to see prices exceeding $30,000 even when looking at pretty typical 2006 and 2007 versions.
What’s the cost of Paul Walker’s Evo?
A “buy it now” listing for the Mitsubishi Evo VII from 2 Fast 2 Furious is now active on eBay for USD 39,995. A “buy it now” listing for the Mitsubishi Evo VII from 2 Fast 2 Furious is now active on eBay for USD 39,995.
What kind of Evo appeared in Fast & Furious?
The stand-in automobile that wasn’t raced in 2 Fast 2 Furious was the Mitsubishi Lancer Evolution VII, which was piloted by Paul Walker.
What is the price of an Evo 10?
So it’s official now. The Mitsubishi Evo of the tenth generation has truly and officially died. The most recent one in North America, which marked the end of over ten years of production, was just astonishingly sold at auction for $76,400.
Mitsubishi produced 1600 Evo Final Editions to mark the end of such a long run. Each one cost $37,995 and was based on the Evo GSR with a manual transmission. This indicates that the Final Edition sold for almost double what its MSRP was. But it was for a good reason. Mitsubishi intends to give the money raised to the organization Feeding America, which works to end hunger.
Sadly, we are unable to predict what may happen to the Evo next. However, based on what many spokespeople have indicated, if there is ever a new Evo, it will significantly deviate from the recipe that we have grown to know and love over the years. It would most likely be a hybrid crossover of some kind. Who knows if that’s still happeningthe business has been pretty silent about the next-generation Evo in recent years.
However, it appears as though Mitsubishi’s turbocharged rally vehicle for the streets is now gone for good, even if the Evo brand makes a comeback in the future.