Marque
Search a car…
Australia market

Mitsubishi Lancer Evolution IV

1996–1998

Add to Garage
  • 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

$27,250

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 pool 3 verified sales across Australia, United States — cross-market prices FX-adjusted at Jul 2026 rates.

Track the Lancer Evolution IV

One email when its market signal flips or one lists under market — plus the Friday deals roundup.

Signal flips, under-market listings and the Friday deals email. Unsubscribe any time.

Market scores

41

Desirability

Illiquid

10

Liquidity

Moderate

50

Resale Outlook

Marque analyst note

The Mitsubishi Lancer Evolution IV is trading at a median of AUD $27,250 in the Australian market, though the sample size of just two tracked sales over the past year limits confidence in trend direction. With no year-on-year percentage change available and no active listings currently visible, pricing momentum remains difficult to establish with precision.

Production reached 9,000 units globally, placing the Evolution IV firmly in the moderately scarce bracket and supporting its classification as an appreciating classic. The model carries a collectibility score of 7 out of 10, reflecting its status as a genuinely desirable Japanese performance icon with a dedicated following among enthusiasts and investors alike.

Liquidity in the Australian market is severely constrained, with only two sales recorded over twelve months and zero current listings. This illiquid environment suggests that buyers and sellers may face extended holding periods and significant patience required to execute transactions at fair value.

The lack of mileage data from completed sales prevents assessment of typical use patterns or condition norms for Evolution IVs in this market. Without a broader transaction sample, individual examples may vary considerably in preservation and kilometrage, making condition evaluation essential for any prospective buyer.

Formal projections for the three and five-year outlook are not available from the current dataset. The thin transaction history and absence of near-term pricing signals make forward-looking analysis speculative at this stage, though the appreciating classic classification suggests underlying collector interest remains intact.

Depreciation Benchmark

  • Current avg value$27,250
  • 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

Common questions

What is a Mitsubishi Lancer Evolution IV worth in 2026?

The current Australia market median is $27,250, based on 3 verified auction sales. Recent sales ranged from $21,000 to $27,250.

How many Mitsubishi Lancer Evolution IVs are for sale right now?

No live auction listings tracked right now — new lots are swept in several times a day, and you can follow the model to be notified.

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