RE: Mitsubishi Lancer Evo IV | High Mile Club
RE: Mitsubishi Lancer Evo IV | High Mile Club
Wednesday 21st January

Mitsubishi Lancer Evo IV | High Mile Club

Driven and enjoyed for 30 years - now ready for 30 more 


Nobody can really fail to have noticed the prices now attached to the best rally reps. From Sport Quattro to Subaru, it can almost feel like the sky’s the limit, as younger Gen Xers and the millennials who grew up loving these cars now have a chance to acquire them (we’re still waiting for our opportunity). Particularly when it comes to Evos and Imprezas: if it’s a UK car, low mileage and unmodified, or a special edition, then it looks like a great time to be selling them. 

Which, by association, makes it trickier to be a buyer. These are cars that are all about driver reward, never better than when driven as hard as possible. But if it cost twice the new price to buy, are you really going to be flinging your favourite rally rep at a wet and bumpy B road? This applies doubly to an Evo or Impreza; even bimbling around Bicester Motion in a pair was a rare treat not so long ago. There’s a case to be made for both as must-own enthusiast propositions - they’re that good. So what to do, then, if you want an authentic rally rep experience without a huge outlay? As always with these kinds of scenarios, it calls for thinking a bit differently. If the premium is there for UK-supplied, low-mileage, unmodified Evos and Imprezas, what do we go for? A higher mileage, 400hp import - exactly. 

While the later Evos will always have the additional appeal of being official cars here, there’s plenty about the earlier versions that will be very recognisable: lightweight agility, loads of turbocharged power, and a four-wheel-drive system configured with fun in mind. There’s a reason they’re called Evolutions, after all; each new one saw incremental changes, rather than wholesale reinvention. 

This IV can claim proper rally pedigree, too - it wasn’t just a VI that Tommi won a WRC in. It was just the only one that spawned a special edition. The 1997 championship was won in an Evo that looked an awful lot like this one. Interestingly, this Evo IV was imported to the UK all the way back in 2004, when Mitsubishi still sold new VIIIs. It’s been with the current owner since 2011. 

In that time, the engine has been rebuilt, with Mahle pistons, an Evo IX turbo and a Syvec ECU, for 400hp; there’s a stronger clutch to manage that (and a bigger fuel tank to supply it), plus BC Racing suspension and a roll cage. The oh-so-'90s Recaro seat trim remains unchanged, which is great to see. Probably an untouched one would command more, but there’s a reason why so many of these cars are modified: they’re even more fun with extra power. So enjoy that. 

This is never going to be a concours-grade Evo. Repairs have been undertaken to address the dreaded issue of oxidisation, although as ever it's an ongoing concern with a 30-year-old import showing 170k. Which it scrubs up more than alright for - thank a recent respray for that. With a cambelt change last year as well, everything is set to enjoy this Evo absolutely as intended. The dedicated could lavish some more care on it and make it really special, though we’d imagine the fun behind the wheel might be too much of a distraction. After all, that’s the real reason why we love this type of car, right? 


See the original advert

Author
Discussion

IMI A

Original Poster:

9,924 posts

222 months

Monday 19th January
quotequote all
So go on then. A) How much is this worth? B) How much will go for estimate?

GreatScott2016

2,183 posts

109 months

Monday 19th January
quotequote all
I have a real soft spot for all Evos, although the IV was not one of my favourites. I also just wonder whether the high prices on some of the rally specials is beginning to soften. I continue to see TMEs (£100k+ ) and 22Bs (£300k) etc., up at exorbitant asking prices and they’re not shifting. Lovely things nonetheless smile

732NM

10,690 posts

36 months

Monday 19th January
quotequote all
JDM spec cars have always been the better spec and more desirable during this era.

rossub

5,451 posts

211 months

Monday 19th January
quotequote all
732NM said:
JDM spec cars have always been the better spec and more desirable during this era.
More the case with Imprezas than Evos, but there were the Evo RSs and IX GT I guess.

Why anyone would want a UK supplied Impreza over a JDM one per the article is beyond me. The P1 is the most desirable of the UK models (ignoring the 22B), but even that is bettered by the JDM only STI 5/6.


rossub

5,451 posts

211 months

Monday 19th January
quotequote all
IMI A said:
So go on then. A) How much is this worth? B) How much will go for estimate?
I’ll have a guess at £10k.

Evo 4 is arguably the least desirable of them all and that mileage is a lot.

Heaveho

6,644 posts

195 months

Monday 19th January
quotequote all
The smart money goes on the least desirable later models. You get 99% of the experience for a significant saving over the sought after stuff that everyone wants, and they're more reliable than the car in the op. If you're only in it for the driving experience rather than the questionable potential investment possibility, buy a sensibly modified early 8 import, they're a comparative bargain. Nobody seems to actively seek out those models, yet they're spectacular to drive. For what you pay, versus the A and B road rewards, it's hard to think of anything in the same price bracket that's genuinely competitive.



Edited by Heaveho on Monday 19th January 19:22

Water Fairy

6,381 posts

176 months

Monday 19th January
quotequote all
I'm going to be watching this one closely

Remember this will still only do around 500 yards to the gallon and need servicing every other Tuesday

Absolutely worth it though

GreatScott2016

2,183 posts

109 months

Monday 19th January
quotequote all
Water Fairy said:
I'm going to be watching this one closely

Remember this will still only do around 500 yards to the gallon and need servicing every other Tuesday

Absolutely worth it though
hehe I remember being shocked by the MPG and servicing intervals when I had the 6s and 8s, oh so worth it though smile

Heaveho

6,644 posts

195 months

Monday 19th January
quotequote all
GreatScott2016 said:
Water Fairy said:
I'm going to be watching this one closely

Remember this will still only do around 500 yards to the gallon and need servicing every other Tuesday

Absolutely worth it though
hehe I remember being shocked by the MPG and servicing intervals when I had the 6s and 8s, oh so worth it though smile
Agreed. The fiscal trauma of day to day costs is more than offset by the overall reliability and fantastic driving experience. That's worth a great deal to me in ownership terms.

Gary C

14,568 posts

200 months

Monday 19th January
quotequote all
My V was one of my favourite cars.

Just did everything really really well while making you feel special.

Comfortable too.

Drove from Lancaster to Milan and back again after three weeks of blasting around the Alps. Very little on the road at the time could touch it as soon as the roads got difficult.

Had it serviced before the trip, and three weeks later, need another smile



Wolfie87

338 posts

224 months

Tuesday 20th January
quotequote all
IMI A said:
So go on then. A) How much is this worth? B) How much will go for estimate?
Tricky one, with what the prices of cars are like at the moment id be leaning towards 10-12 grand for a mint one. But with the mileage I wouldn't be surprised if it didn't pass 8 grand.

Firebobby

911 posts

60 months

Tuesday 20th January
quotequote all
Good cars in their day, if I remember the VI's had crank end float issues or something along those lines?? I had a V and later on an VIII. Not for me in my dottage though! Too few miles between services, too few miles to the gallon, too noisy on the motorway! Best to keep cars like this in the memory.

NGK210

4,445 posts

166 months

Tuesday 20th January
quotequote all
Water Fairy said:
I'm going to be watching this one closely

Remember this will still only do around 500 yards to the gallon and need servicing every other Tuesday

Absolutely worth it though
Speaking of Evos’ frequent servicing requirement, it’s worth noting the car featured has a bit of a, umm, patchy service history.
See quote from sales spiel, below:
“Service invoices as follows: Oct 2012, Oct 2013, Oct 2014, Sep 2016, Oct 2018, Oct 2019, Jul 2025”
Sweet.

Edited by NGK210 on Tuesday 20th January 10:11

BricktopST205

1,934 posts

155 months

Tuesday 20th January
quotequote all
Do the writers do any research with regards to grey imports?

I can bet my mortgage that car hasn't done 170,000 miles. The vast majority of it will be in kilometres.

Mr Sideways

33 posts

46 months

Tuesday 20th January
quotequote all
Total and utter fun straight out the box. Light clutch, light steering, 4 doors and a big boot. MPG was OK but service every 5000 a bit of a pain on the I, II & III. 7500 miles on the Iv, V & VI, the 10,000 on the rest but if you thrashed it (We all did) had to change oil every 3000/5000 miles.
More refine than the Imprezza even my wife liked driving mine. I had a I, III and V. Had a chance to buy a VI, but went down the X5 route, needed a bigger car. Looking back now, wish I had bought the 6.

Back then I had an E 28 M5, that needed a timing chain, the BMW garage quoted me £5000 to do the work. A friend was emigrating to Australia and he had an Evo I for sale. I had never been in the car and not see any others on the road, it was 1997. So his sale pitch was if I liked fast cars I would love this...he took me for a ride....After 10 mins I was hooked and bought the car there and then for the full price of £9000 and yes it was an import, had only been in the UK for 14 months, (The E28 M5 was put away in my garage). I did not even try to knock him down, I wanted this car soooo much, the acceleration was unbelievable, it stuck to the road like glue and the brakes where phenomenal. This was back when no one knew what it was and I was forever picking on cosworth sierra's. My evo was standard at 245bhp, with 0 to 60 just under 5 seconds, I even took off the 3in exhaust putting a standard Evo version back on the car to give more stealth. It was very quiet after that. The only upgrade I did was a better dump valve. After it was stolen when I attended the Birmingham Dive Show (The one down side of the Mitsubishi Evo as it became better known) I then bought an Evo III standard with 267 BHP which I wrote off, and still say that tree was not there when I looked before backing up!!!! (It didn't take much, Insurance companies back then did not like having these cars fixed when body work was involved)

I looked at the MK IV but at that stage the IV had the upgraded engine at 280BHP and for some reason the engine had been turned round 180 degrees. These cars were well known for having all kinds of drive train and axle problems so I bought a Mk V. This was one of the best versions along with the 6. I had this one booted up to 330BHP, any more than that and the standard con-rods would turn to chocolate lol. I ran the Mk V for 7 years before selling it and to this day I wish I had gone on to buy the Mk VI But I needed a big 4x4 and had opted for a BMW X5 4.8is which also made me smile when I hit the loud pedal and still does today (I also still got the M5 E28, sitting in the garage I put it in when I bought the Evo Mk I

C5_Steve

7,191 posts

124 months

Tuesday 20th January
quotequote all
NGK210 said:
Water Fairy said:
I'm going to be watching this one closely

Remember this will still only do around 500 yards to the gallon and need servicing every other Tuesday

Absolutely worth it though
Speaking of Evos frequent servicing requirement, it s worth noting the car featured accrued c. 13k miles from Oct 2019 to Jul 2025 during which time this car was not serviced.
Sweet.
Hmmmm...

Yes, there's an argument to be made for buying the "least" desirable Evo because it'll be cheaper than a 400bhp 8/9, but there's a reason the 4s aren't desirable. Crank walk, thrust bearings etc. But potentially that's all been addressed here.

That said, stock Evos need servicing religiously to avoid issues and that's even more so when you get to 400bhp on any of them.

No such thing as a "cheap" Evo but this might be appealing for someone who specifically likes the looks of that front end and can verify all the work and servicing has been done to the right standard. Still going to need a decent amount of looking after but it won't be ruinous if it's all up to scratch.

Gary C

14,568 posts

200 months

Tuesday 20th January
quotequote all
Mr Sideways said:
Total and utter fun straight out the box. Light clutch, light steering, 4 doors and a big boot. MPG was OK but service every 5000 a bit of a pain on the I, II & III. 7500 miles on the Iv, V & VI, t
I
4500 miles on the V

The AYC needed care. I had to replace mine.

Firebobby

911 posts

60 months

Tuesday 20th January
quotequote all
Gary C said:
4500 miles on the V

The AYC needed care. I had to replace mine.
Very true it leaked like seive on my V at the pressure vessel and the oil was only available from mitsubishi main dealerships at around £10 litre!! They were around £2k to replace at the time and as eBay was non existent that was what you had to pay!

Gary C

14,568 posts

200 months

Tuesday 20th January
quotequote all
Firebobby said:
Gary C said:
4500 miles on the V

The AYC needed care. I had to replace mine.
Very true it leaked like seive on my V at the pressure vessel and the oil was only available from mitsubishi main dealerships at around £10 litre!! They were around £2k to replace at the time and as eBay was non existent that was what you had to pay!
I got mine from EARS (Escort And Rally Spares, remember them ?) as the owner rallied EVO's and used a plated diff, so had quite a few spare AYC units from all the cars he bought for spares.

Still 1K though.

Robinus

72 posts

83 months

Tuesday 20th January
quotequote all
I recall it was the IV that had the crankwalk issue.