Mitsubishi Pajero V20
The Dakar-bred legend that defined the modern Japanese 4x4.
- Power
- 125 bhp
- Top speed
- 93 mph
- Est. value
- $7k–$22k
About the Mitsubishi Pajero V20
The second-generation 'V20' Pajero is a cornerstone of off-road history, famous for its dominance in the Dakar Rally where Mitsubishi secured a record 12 victories. This 2.8-litre turbodiesel variant features the 4M40 engine, renowned for its reliability and low-end torque. It introduced the revolutionary Super Select 4WD system, allowing drivers to switch between 2WD and 4WD at speeds up to 62 mph. Today, it is highly sought after by collectors and overlanders for its mechanical simplicity, rugged durability, and surprisingly civilised on-road manners compared to its contemporaries.
Mitsubishi Pajero V20 specs
The Mitsubishi Pajero V20 produces 125 bhp (93 kW) and 292 Nm (215 lb-ft) of torque. It has a top speed of 93 mph (150 km/h).
| Make | Mitsubishi |
|---|---|
| Model | Pajero |
| Generation | V20 |
| Trim | 2.8 TD |
| Years | 1991–1999 |
| Type | Off-road |
| Body style | SUV |
| Country | Japan |
| Engine | 2.8-litre turbocharged inline-4 diesel |
|---|---|
| Displacement | 2,835 cc (2.8 litres) |
| Induction | Turbocharged |
| Power | 125 bhp (93 kW) at 4,000 rpm |
| Torque | 292 Nm (215 lb-ft) |
| Redline | 4,500 rpm |
| Top speed | 93 mph (150 km/h) |
| Transmission | 5-speed manual |
| Drivetrain | Four-wheel drive |
| Weight | 2,086 kg (4,599 lb) |
| Power-to-weight | 60 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 Pajero V20 worth?
A typical Mitsubishi Pajero V20 is estimated to be worth $6,500 – $22,000 (about £4,800 – £16,000).
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 Pajero V20 rarity in CarSpot
The Mitsubishi Pajero V20 is a Common card in CarSpot, with a rarity score of 7 out of 100. Everyday cars you can spot on almost any street. A Common card is worth 10 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 Pajero V20 fun facts
- The Pajero was renamed the 'Shogun' in the UK and 'Montero' in Spanish-speaking markets to avoid a pejorative slang term.
- It was the first Japanese SUV to offer multi-mode ABS that could function even when the centre differential was locked.
- The 4M40 engine used in this model is gear-driven for the timing, contributing to its reputation for extreme longevity.