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Australia market

Mitsubishi Lancer Evolution IX

2005–2007

Add to Garage
  • Lowest price

    $24,500

    Since 2020

  • Median price

    $46,250

    Since 2020 · n=3

  • Highest price

    $47,500

    Since 2020

  • Sold cars

    3

    All time

  • Sell-through

    100%

    Of 3 lots

Mitsubishi Lancer Evolution IX

Based on 3 verified auction results

SELLDepreciatingmedium confidence

$46,250

Market value · recent verified sales

-25.0%

12-month change

Wait or Sell

Prices declining. Sellers should consider acting; buyers should wait.

Median sold price down 25.0% over the last 12 months. Loss is likely to continue, especially for this segment.

MSRP

Collectibility

5/10

Collectible

3-Year Forecast

$24,220

-48%

5-Year Forecast

$19,952

-57%

Estimates based on 3 verified Australia sales.

Market scores

34

Desirability

Thin

30

Liquidity

Poor

10

Resale Outlook

Marque analyst note

The Mitsubishi Lancer Evolution IX in the Australian market is trading at a median of AUD $46,250, having fallen 25% over the past twelve months and signaling a SELL environment. The sharp depreciation reflects broader softness in the modern classic segment, though confidence in this trend remains moderate given the limited transaction sample.

Liquidity is thin, with only three confirmed sales tracked over the past year and no active listings currently recorded. This scarcity of transactions makes pricing volatile and suggests buyers should expect extended holding periods or significant negotiation leverage when attempting to move inventory.

The Lancer Evolution IX occupies a stable modern classic tier with a collectibility score of 5, yet desirability metrics remain low in the current market. Production volume and specification details are not available, but the combination of thin liquidity and depressed appetite suggests the broader enthusiast base is rotating capital elsewhere.

Base projections show material downside over the medium term, with values forecast to reach approximately AUD $24,220 by year three (a 47.6% decline from current levels) and AUD $19,952 by year five (56.9% below today). These forecasts assume continued depreciation absent a significant shift in collector sentiment toward Japanese performance models from the 2000s era.

For holders, the risk-reward tilts toward managing exposure. The combination of negative momentum, scarce transaction activity, and pronounced long-term depreciation suggests waiting out further stabilization or accepting near-term losses rather than holding in anticipation of recovery.

Depreciation Benchmark

  • Current avg value$46,250
  • Annual appr. rate-25.0%/yr

Vehicle History Signals

  • Auction lots tracked15
  • Damage or salvage declared0 (0.0%)
  • No damage declared15 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$1,830
  • Storage$4,870
  • Depreciation$2,840
  • Total annual cost$10,450

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months1
  • Sell-Through33%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$39,417
  • Avg Mileage at Sale
  • Recent Price Range$24,500 – $47,500
  • Total Sales Tracked3

Recent sales

  • $47,500

    Collecting Cars · 28 May 2026

  • $24,500

    Collecting Cars · 11 Feb 2025

  • $46,250

    Collecting Cars · 3 May 2024

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