Here's How Much Money You'll Need For The Final Mitsubishi Lancer Evolution

It's always sad when a revered vehicle model is carted off to its retirement home, and 2015 is a dark year for JDM enthusiasts around the world. The battle between the Mitsubishi Lancer Evolution and the Subaru Impreza WRX STI to be the best Japanese sports sedan was one for the ages, and was fought over two decades. The thrilling tussle ended with the death of the Evo in 2015, with the Impreza carrying on solo for another half decade or so.

As a result, picking up one of the last Evos ever made is somewhat of an honor, especially as the Final Edition version was built in limited numbers. This is how much you'll need to save to snag one on the used market in 2025.

The Evo Final Edition Marked The End Of A Dynasty

1993 Mitsubishi Lancer Evolution Rally Car Rallying Front Angled View

The 1990s were an awesome time for JDM fans, with legendary models like the Toyota Supra, Honda Integra, and the Nissan Skyline GTR lighting up the racetracks and fast food outlet parking lots around the world. Mitsubishi and Subaru took their particular JDM battle to a different arena, off-road. Wanting to reign supreme in the World Rally Championship, both brands developed performance versions of their Lancer and Impreza models that could compete in the mixed-surface racing series.

While both vehicles would end up claiming titles during their WRC stay, the Evo managing four straight crowns between 1996 and 1999 courtesy of flying Finn Tommi Mäkinen, a large part of their legacy was built on the back of their road-going counterparts. The two brands continually developed the engineering and technological elements of the models to beat one another, and it was fascinating to see what each would come up with next to try and surprise the other. Eventually, Mitsubishi called an end to the tussle, though it wouldn't let the famed model go down without a fight.

The Final Edition Featured Several Bespoke Additions

The final chapter in the Evo story was the X, which is a used bargain nowadays. First introduced in 2008, it was constructed until 2015, when it bowed out with the limited-run Final Edition. The turbocharged 2.0-liter inline-four was boosted to produce over 300 hp. The Japanese and North American markets normally only got 276 and 291 hp versions, respectively, while the likes of the United Kingdom got a range of Evo Xs with power figures of up to 400 hp. Upgraded braking and suspension setups were installed on the Final Edition.

The Final Edition was also graced with special BBS wheels and exterior body modifications, as well as some special interior refinements like special Recaro bucket seats, bespoke floor mats, and a red-trimmed handbrake and steering wheel.

You'll Need To Hand Over Around $40k To Have A Decent One For Yourself

Mitsubishi-Lancer_Evolution_Final_Edition-2015 front quarter white

Being the Final Edition, Mitsubishi elected to limit production numbers of the model to 3,100 worldwide. The bulk of these went to the Japanese and North American markets, with 1,000 specimens going to the former and 1,600 examples being shipped to the latter. As a result, they're not exactly plentiful on the used market, with the search made more difficult by the fact that many owners decided to modify their cars to high heaven. Many were also snapped up by collectors, a situation Japanese brands are trying to banish today.

Indeed, AutoTempest only shows a few Final Editions presented in completely original condition. The cheapest Final Edition currently listed on the site, which compiles vehicle listings from across the US, is advertised at $29,985. While clean, the original BBS alloy wheels have been replaced with aftermarket ones, and the car has covered just under 100,000 miles. If you want a completely unmolested example, and let's face it, who wouldn't, then expect to hand over closer to $40,000.

The cheapest available on AutoTempest is a gray example sold through Cars.com, which is advertised at the time of writing in June 2025 for $38,988. The car has covered just over 50,000 miles, and is in excellent condition with a clean title from CARFAX. Another low-miler, a red 42,000-mile specimen, is also listed for $40,000. Given how few examples of the model came to the US, and considering the modifications usually made to it, this is surprisingly affordable.

The Extra Grunt Makes A Difference

White 2015 Mitsubishi Evo X Final Edition top

While the likes of UK audiences were able to choose Evo X models with power levels ranging between 300 and 440 hp, American cars were only shipped with 291 hp. The Final Edition brought some much-needed extra grunt, with the final 307-hp figure allowing it to hit 60 mph in 4.4 seconds. The extra power and torque were made possible by introducing new sodium valves and revised cylinder heads, which helped reduce heat. This meant the engine could run more efficiently, resulting in an increase in power. The 4B11T engine's power curve was also altered in the middle and high RPM ranges to enhance responsiveness in these areas.

The power was transmitted to all four wheels like in the standard car, though the optional six-speed DCT gearbox wasn't available, with the five-speed manual unit being mandatory on all Final Editions.

The Evo X Final Edition Continued To Make Use Of Mitsubishi's Established Tech

Aside from the improved braking and suspension setups, which sharpened up the Evo Xs even further compared to the standard model, the Final Edition continued to use the highly effective Active Center Differential pioneered in the normal Evo. It can share power between all four wheels to optimize grip across a range of conditions, while its Super Anti-Yaw Control system works out the lateral and longitudinal forces being thrown at the vehicle so that the Evo's internal brain can then make adjustments to get the car back in a straight line, which reduces the loss of momentum.

As far as point-to-point performance cars go, you'd have to try quite hard to find anything quicker than a well-maintained Evo X Final Edition in the US.

The Legendary Evo Nameplate Shows No Signs Of Being Resurrected

1999 Mitsubishi Carisma GT Tommi Makinen Edition Red Front Angle

With a full ten years having passed since the Evo was laid to rest, fans of the model still harbor hopes that it may return at some point in the future. Mitsubishi's shareholders reportedly wanted the model to return several years ago, though nothing has come of this desire so far, mainly because the Japanese marque is navigating its future against a backdrop of electric and hybrid technology becoming ever more prominent.

The main issue with the Evo was that it simply didn't make financial sense anymore, with SUVs and crossovers offering a much more tantalizing prospect when it came to making a profit. The scope of sales for the Evo had become too small for Mitsubishi to justify its existence, so it was culled. These elements haven't changed much in the years since the Evo was retired, with the SUV and crossover markets having grown even further in the interim. While there is hope that the firm could maybe bring the Evo name back as an EV in the future, the chances of seeing another ICE Evo remain slim to none. As a result, the prospect of purchasing a sweet Evo X Final Edition sounds even more tempting.