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Australia market

Mitsubishi Lancer Evolution VII

2001–2003

Add to Garage
  • Lowest price

    $23,002

    Since 2020

  • Median price

    $29,001

    Since 2020 · n=2

  • Highest price

    $35,000

    Since 2020

  • Sold cars

    2

    All time

  • Sell-through

    100%

    Of 2 lots

Mitsubishi Lancer Evolution VII

Based on 2 verified auction results

No signal yet

$29,439

Market value · recent verified sales

MSRP

—

Collectibility

6/10

Collectible

3-Year Forecast

—

Not enough sales data

5-Year Forecast

—

Not enough sales data

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

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Market scores

41

Desirability

Illiquid

10

Liquidity

Moderate

50

Resale Outlook

Marque analyst note

The Mitsubishi Lancer Evolution VII sits at a median asking price of AUD $29,439 in the Australian market, though the data set is extremely small—just two transactions tracked over the past year—making trend analysis unreliable at this stage.

Liquidity remains severely constrained, with zero active listings and only a pair of recorded sales in the trailing twelve months. This scarcity means both buyers and sellers should expect extended search periods and limited negotiating leverage.

The Evo VII occupies the appreciating classic category with a collectibility score of 6, reflecting its status as a respected JDM performance icon with moderate desirability. Japanese market imports and homologation specials command stronger collector interest than standard versions, though Australian market data on this distinction is minimal.

The absence of mileage records among the two transactions prevents any assessment of condition norms or use patterns for the model in this market. Similarly, production figures and original MSRP context are not available, limiting historical perspective on rarity or original value positioning.

With only two data points and no active inventory, forward projections cannot be meaningfully calculated. The Evo VII's long-term trajectory will likely depend on broader JDM appreciation trends and whether local collector appetite for 2000s Japanese performance cars accelerates, but the current Australian sample is too thin to support confident directional calls beyond the next three to five years.

Depreciation Benchmark

  • Current avg value$29,439
  • 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$29,001
  • Avg Mileage at Sale—
  • Recent Price Range$23,002 – $35,000
  • Total Sales Tracked2

Recent sales

  • $35,000

    Collecting Cars · 7 Jul 2025

  • $23,002

    Collecting Cars · 27 Feb 2025

Common questions

What is a Mitsubishi Lancer Evolution VII worth in 2026?

The current Australia market median is $29,439, based on 3 verified auction sales. Recent sales ranged from $23,002 to $35,000.

How many Mitsubishi Lancer Evolution VIIs 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.