Mitsubishi Pajero Evolution
1997–2000
Lowest price
US$34,000
Since 2020
Median price
US$42,000
Since 2020 · n=3
Highest price
US$49,997
Since 2020
Sold cars
3
All time
Sell-through
100%
Of 3 lots
Based on 3 verified auction results
US$42,000
Market value · recent verified sales
-10.0%
12-month change
Wait or Sell
Prices declining. Sellers should consider acting; buyers should wait.
Median sold price down 10.0% over the last 12 months. Loss is likely to continue, especially for this segment.
MSRP
—
Collectibility
8/10
Highly Collectible
3-Year Forecast
US$34,266
-18%
5-Year Forecast
US$32,150
-23%
Estimates based on 3 verified United States sales.
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Market scores
44
Desirability
Thin
30
Liquidity
Poor
10
Resale Outlook
Option premiums
What every option is worth.
Built ≤ 1998
+US$6,454+15%7 with · 7 without · med confidence
Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.
Marque analyst note
The Mitsubishi Pajero Evolution median has settled at US$42,000, down 10 percent over the past twelve months against a "Sell" signal in a market showing clear depreciation momentum.
Transaction activity remains sparse, with only three sales tracked over the past year in the US market, indicating thin liquidity and limited price discovery. This scarcity of sales data constrains confidence in medium-term trend calls, though the directional signal is consistent.
Fewer than 2,700 Pajero Evolutions were produced globally, placing these SUVs in rare-production territory and anchoring their classification as "Highly Collectible" despite moderate current desirability. The low build volume typically underpins long-term stability in Japanese market favorites, yet recent US trading suggests headwinds.
Transacted examples have averaged 41,500 miles, typical for Japanese performance imports now in their late teens to early twenties, and most have been retained by enthusiasts rather than dealers, which normally supports floor values.
The three-year base projection calls for prices to contract to US$34,266, a further 18.4 percent slide from current levels. Five-year forecasts suggest US$32,150, representing cumulative depreciation of 23.5 percent from today, implying continued softness in near-term demand despite the model's inherent scarcity and collectible standing.
Current conditions favor patience or exit over fresh entry; the combination of thin trading, negative momentum, and weak forward pricing suggests waiting for stabilization before considering acquisition at current or projected levels.
Depreciation Benchmark
- Current avg valueUS$42,000
- Annual appr. rate-10.0%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked16
- Damage or salvage declared0 (0.0%)
- No damage declared16 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)US$600
- MaintenanceUS$2,010
- StorageUS$3,220
- Depreciation— (appreciating)
- Total annual costUS$5,830
Market Liquidity
- Active Listings0
- Sales Last 12 Months3
- Sell-Through100%
Market Snapshot
- Active Listings0
- Avg Sale PriceUS$41,999
- Avg Mileage at Sale41,500 mi
- Recent Price RangeUS$34,000 – US$49,997
- Total Sales Tracked3
Recent sales
Common questions
What is a Mitsubishi Pajero Evolution worth in 2026?
The current United States market median is US$42,000, based on 3 verified auction sales. Recent sales ranged from US$34,000 to US$49,997.
Is the Mitsubishi Pajero Evolution going up in value?
Over the last 12 months its United States median moved -10.0%. Past movement is not a guarantee of future value.
How many Mitsubishi Pajero Evolutions 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.