Mitsubishi Lancer Evolution V
The Group A homologation special that defined the Evo's aggressive wide-body era.
- Power
- 280 bhp
- 0–60 mph
- 4.7 s
- Top speed
- 147 mph
- Est. value
- $30k–$65k
About the Mitsubishi Lancer Evolution V
The Lancer Evolution V marked a significant shift for Mitsubishi, introducing the wider, flared-arch bodywork that would define the series for years. Built to meet Group A rally homologation rules, it featured a wider track, larger 17-inch OZ Racing wheels, and upgraded Brembo brakes. The 4G63 engine was officially rated at 280 PS to satisfy the Japanese 'Gentlemen's Agreement', though its increased torque and revised turbocharger suggested a higher actual output. It remains a favourite among collectors for its raw, mechanical feel and its direct link to Tommi Mäkinen's WRC dominance.
Mitsubishi Lancer Evolution V specs
The Mitsubishi Lancer Evolution V produces 280 bhp (209 kW) and 373 Nm (275 lb-ft) of torque. It reaches 60 mph in 4.7 seconds and has a top speed of 147 mph (237 km/h).
| Make | Mitsubishi |
|---|---|
| Model | Lancer Evolution |
| Generation | V |
| Trim | 2.0 Turbo GSR |
| Years | 1998–1999 |
| Type | JDM |
| Body style | Saloon |
| Country | Japan |
| Production | About 8,007 built |
| Engine | 2.0-litre turbocharged inline-four |
|---|---|
| Displacement | 1,997 cc (2.0 litres) |
| Induction | Turbocharged |
| Power | 280 bhp (209 kW) at 6,500 rpm |
| Torque | 373 Nm (275 lb-ft) |
| Redline | 7,000 rpm |
| 0–60 mph | 4.7 s |
| Top speed | 147 mph (237 km/h) |
| Transmission | 5-speed manual |
| Drivetrain | All-wheel drive |
| Weight | 1,360 kg (2,998 lb) |
| Power-to-weight | 206 bhp per tonne |
Typical figures for the standard car; options, markets and model years vary. Where our specs come from
How much is a Mitsubishi Lancer Evolution V worth?
A typical Mitsubishi Lancer Evolution V is estimated to be worth $30,000 – $65,000 (about £22,000 – £48,000).
Values are directional estimates for a typical example, not appraisals. Condition, mileage, history and specification all change what a real car is worth. Pound figures use the exchange rate of 3 November 2026. How values are estimated
Mitsubishi Lancer Evolution V rarity in CarSpot
The Mitsubishi Lancer Evolution V is a Rare card in CarSpot, with a rarity score of 42 out of 100. Performance cars, typically worth around £50,000 to £100,000. A Rare card is worth 40 XP.
Each model's tier starts from a 0–100 score based on its value plus its power or production numbers. Once enough players have spotted a model, how often it is spotted can move it up or down one tier. How CarSpot rarity works
Rarity is a collectible game mechanic, not an assessment of real-world scarcity or value.
Mitsubishi Lancer Evolution V fun facts
- The Evolution V was the first in the series to feature the iconic flared wheel arches, necessitated by a wider track for better handling.
- It introduced the Active Yaw Control (AYC) system, which used a rear differential to electronically distribute torque between the rear wheels.
- Though only 6,000 units were originally planned, high demand forced Mitsubishi to produce an additional 1,500 cars, eventually totalling over 8,000.
