Vehicle Overview

The Mitsubishi Lancer Evo V remains one of the most iconic Japanese performance cars ever produced. Developed during Mitsubishi’s domination of the World Rally Championship, the Evolution V took everything that made the earlier Evo models successful and refined it into one of the most capable road and rally cars of its era.

Finished in Black with a Dark Grey interior, this Mitsubishi Lancer GSR Evolution V has covered just 53,344km (33,145 miles) from new and carries a respectable Grade 4 auction rating. With its legendary 4G63 turbocharged engine, permanent four wheel drive system and five speed manual gearbox, the Evo V delivers the raw and engaging driving experience that modern performance cars often struggle to replicate.

While this is not a Tommi Makinen Edition, many enthusiasts consider the standard Mitsubishi Lancer Evo 5 to be one of the purest Evolutions ever built. The connection to Mitsubishi’s WRC success is evident every time you get behind the wheel, turning even the simplest journey into an experience that feels inspired by a rally stage.

Ultimate Guide for Japanese Imports

Auction Information

• Auction House: Tokyo
• Auction Date: 11 June 2026
• Lot Number: 55169
• Auction Start Price: £18,500
• Autoselecta Bid Suggestion: £18,500 to £20,000

Bidding Advice: For the best chance of securing this vehicle, we recommend bidding the maximum amount you are comfortable spending. Our team will always attempt to secure the vehicle for the lowest possible price.

Bids Must Be Submitted By: 9:00pm UK Time on 10 June 2026

Vehicle Details

• Make: Mitsubishi
• Model: Lancer GSR Evolution V
• Year: 1998
• Chassis Code: CP9A
• Engine: 2.0 Litre Turbocharged 4G63 Petrol
• Engine Size: 1,997cc
• Transmission: Manual
• Gearbox Type: 5 Speed Manual
• Drivetrain: Four Wheel Drive
• Drive Type: 4WD
• Mileage: 53,344km
• Mileage In Miles: 33,145 Miles
• Exterior Colour: Black
• Interior Colour: Dark Grey
• Fuel Type: Petrol
• Seats: 5
• Auction Grade: 4
• Interior Grade: C

Features And Equipment

• Factory Sunroof
• RECARO Sports Seats
• MOMO Steering Wheel
• BLITZ Turbo Timer
• BLITZ Boost Gauge
• HKS Air Cleaner Kit
• HKS Racing Suction Kit
• KAKIMOTO Racing Exhaust System
• BREMBO Brake Calipers
• OZ Racing Alloy Wheels
• Aftermarket Front Mounted Intercooler
• Aftermarket Aero Components
• Aftermarket Blow Off Valve
• Factory Rear Spoiler
• Air Conditioning
• Power Steering
• Power Windows

Auction Notes

• The auction sheet confirms this vehicle has been colour changed to Black.
• Factory sunroof fitted.
• RECARO sports seats fitted.
• MOMO steering wheel fitted.
• BLITZ boost gauge and turbo timer installed.
• HKS intake upgrades fitted.
• KAKIMOTO performance exhaust system installed.
• BREMBO brake upgrade fitted.
• OZ Racing alloy wheels fitted.
• Aftermarket intercooler and performance modifications present.
• Vehicle inspection valid until May 2027.

Why The Mitsubishi Lancer Evo V?

The Mitsubishi Lancer Evo V is one of the most important performance cars to come out of Japan during the golden era of rallying.

Built to satisfy WRC homologation requirements, the Evolution V introduced wider bodywork, improved aerodynamics, larger Brembo brakes and enhanced suspension geometry. These improvements helped Mitsubishi compete at the highest level of world motorsport and contributed to the success that would later make Tommi Makinen a household name among rally fans.

The Mitsubishi Lancer Evo V remains highly desirable because it delivers a driving experience that is becoming increasingly rare. Lightweight, mechanical and brutally effective, it provides genuine driver involvement without the electronic interference found in many modern performance cars.

For many enthusiasts, the Evo V represents the sweet spot of the Evolution lineage.

Evo V Review

Why Import A Mitsubishi Lancer Evo V From Japan?

Japan remains the best source for genuine Mitsubishi Lancer Evo V models.

Many examples have remained in enthusiast ownership, are supported by extensive maintenance records and often feature desirable period upgrades from respected Japanese tuning brands.

Importing directly from Japan allows buyers access to verified auction history, independently graded vehicles and examples that simply never appear on the open market elsewhere.

Condition Overview

The auction inspector notes the vehicle is a colour change example.

• Steering wheel wear present.
• Seat wear noted.
• Interior marks and scratches recorded.
• Underside repainting noted.
• Rust and corrosion present underneath.
• Exterior wave marks noted.
• Damage map records multiple A1 scratches and A2 scratches.

Overall condition remains consistent with a Grade 4 vehicle that has been enjoyed and modified throughout its life.

Japanese Auction Grades

Let Autoselecta Find Your Next Car In Japan

Looking for something specific?

Our team can source vehicles from Japanese auctions, dealerships, private collections and specialist dealers throughout Japan.

Whether you are searching for a Mitsubishi Lancer Evo, Nissan Skyline GT R, Subaru Impreza STI, Toyota Supra, Porsche, Ferrari or something completely different, we can help locate the right vehicle.

Even if the vehicle is not currently available at auction, our network throughout Japan allows us to source many vehicles privately before they reach the open market.

Simply tell us what you’re looking for and let us do the hard work.

Why Choose Autoselecta?

Autoselecta provides a complete vehicle sourcing and import service from Japan.

We handle auction sheet translations, vehicle inspections, bidding, shipping, customs clearance, NOVA registration and delivery support.

Our transparent approach means you know exactly what you are buying before committing to a purchase.

With decades of experience sourcing vehicles from Japan, we help enthusiasts secure the right vehicle while avoiding costly mistakes.

Frequently Asked Questions

Is The Mitsubishi Lancer Evo 5 A Good Investment?

The Mitsubishi Lancer Evo 5 has become increasingly collectible in recent years. Strong demand, limited production numbers and the car’s connection to Mitsubishi’s WRC success continue to support values worldwide.

Is The Mitsubishi Lancer Evo 5 Better Than An Evo 6?

Many enthusiasts prefer the Evo V because it introduced many of the major upgrades that made the later Evolutions so successful. Choosing between the two often comes down to personal preference.

Can I Import A Mitsubishi Lancer Evo 5 Into The UK?

Yes. Autoselecta manages the complete process including sourcing, shipping, customs clearance and registration support.

Why Are Japanese Evo Models So Popular?

Japanese market examples often have better histories, lower mileage and access to period performance upgrades from respected manufacturers such as HKS, BLITZ and KAKIMOTO.

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