Mitsubishi Lancer Evolution V

The Mitsubishi Lancer Evolution V is trading at a median of $21,754 in the US market, down 16.4 percent over the past year. Current pricing sits well below where these cars stood twelve months ago, signaling downward pressure despite the model's status as an appreciating classic.

Liquidity is severely constrained, with only one tracked transaction in the past year and no active listings observed at the time of this report. This thin trading volume limits confidence in price discovery and makes any valuation assessment provisional at best. The illiquid market means buyers are scarce and sellers face extended holding periods.

Production of the Evo V was capped at approximately 6,000 units globally, a relatively restricted output that typically supports collectibility. The model carries a "Highly Collectible" designation with a score of 7, yet current desirability in the US market is registered as low, suggesting the collector base for this generation remains limited or inactive in the current cycle.

The average mileage on transacted examples sits at 96,700 miles, indicating these cars are typically in middle age with moderate use. Condition tracking is limited given the minimal sample size, but this mileage range aligns with vehicles that have seen steady ownership rather than show-car preservation.

Three-year and five-year projections point to continued erosion, with base estimates suggesting prices could decline to $14,939 (−31.3 percent) and $13,306 (−38.8 percent) respectively over those horizons. The downward trajectory reflects both the illiquid current market and the apparent disconnect between the model's collectible classification and actual buyer demand in North America.