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United States market

Mitsubishi Pajero Evolution

1997–2000

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  • 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

Mitsubishi Pajero Evolution

Based on 3 verified auction results

SELLDepreciatingmedium confidence

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%)
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)US$600
  • MaintenanceUS$2,010
  • StorageUS$3,220
  • Depreciation— (appreciating)
  • Total annual costUS$5,830
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

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

  • US$34,000

    Bring a Trailer · 9 Sept 2026

  • US$42,000

    Bring a Trailer · 3 May 2026

  • US$49,997

    Bring a Trailer · 30 Apr 2026

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.