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United Kingdom market

Mitsubishi Lancer Evolution IV

1996–1998

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Mitsubishi Lancer Evolution IV
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£11,882

Market value · recent verified sales

Modelled estimate — automatically replaced with verified sold lots as our sources index more results for this car in United Kingdom.

MSRP

Collectibility

7/10

Highly Collectible

3-Year Forecast

Not enough sales data

5-Year Forecast

Not enough sales data

Estimates based on 2 verified United Kingdom sales.

Market scores

30

Desirability

Illiquid

10

Liquidity

Moderate

50

Resale Outlook

Marque analyst note

The Mitsubishi Lancer Evolution IV occupies a narrow and illiquid corner of the UK market, with a median asking price around £11,882 for cars currently listed. The complete absence of tracked sales data over the past year means current valuations rest on minimal transaction evidence, making reliable trend analysis impossible at this time.

Production ran to approximately 9,000 units globally, positioning the Evolution IV as a modestly scarce machine within the performance saloon segment. Its classification as an appreciating classic suggests market participants view it as a future-focused collectible, though current desirability registers as low among active buyers, which may explain the liquidity drought.

The model carries a highly collectible rating, anchored by its rarity, rally-racing pedigree, and significance within Mitsubishi's turbocharged four-cylinder lineage. Without mileage or condition data from recent sales, typical specification benchmarks remain unclear, though these cars tend toward higher mileage given their sporting intent and age.

The lack of active listings and zero recorded transactions in our tracking period underscores genuine scarcity in the secondary market. For sellers holding an Evolution IV, finding a buyer requires patience and targeted marketing rather than reliance on steady dealer traffic.

Without recent price movements or forward-looking analysis from transacted examples, medium-term outlook projections cannot be reliably established. The combination of low current desirability and limited supply suggests the market remains nascent rather than mature, presenting a volatile foundation for valuation forecasting.

Depreciation Benchmark

  • Current avg value£11,882
  • Segment average+3.0 to +9.5%/yr

Est. Annual Ownership Costs

  • Insurance (agreed value)£450
  • Maintenance£900
  • Storage£2,400
  • Depreciation— (appreciating)
  • Total annual cost£3,750
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0

Market Snapshot

  • Active Listings0
  • Avg Sale Price
  • Avg Mileage at Sale
  • Recent Price Range
  • Total Sales Tracked0

Recent sales

No tracked sales yet for this market.

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