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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Mitsubishi Lancer Evolution VI Tommi Makinen Edition
Valuation · Mitsubishi · CP9A TME · 1999-2001

Mitsubishi Lancer Evolution VI Tommi Makinen Edition

2.0L turbo inline four (4G63, titanium turbine) · 206 kW / 373 Nm · 5sp manual · AWD
BUYRated within the $30k to $100k band · 2 of 94 at this money
Model value
$52,000
Must gain each year to break even
+10.5%
The projection does not clear it, and nor does most of the library.
CarQuant score
64/100
Scored against the $30k to $100k band, not the whole library
Evidence grade
Measured
Four or more recorded Australian sales
$52,000
$59,544 lowhigh $86,651
Calibrated to recorded sales
Six Australian auction results read from the lot pages. 3,020 JDM GSR cars built, about 103 RS2s delivered new to Australia

Looking at a Lancer Evolution VI for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$52,000
At about 130,000 km. Enter an asking price to compare.

Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.

A person reads the advertisement and its photographs. Usually back within 48 hours. Read a real listing report

Price history

Today $52,000 · modelled median at five years $69,709
Solid line: the value this library has carriedDashed from 2026: modelled · even money $64,362 to $78,620
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($59,544 to $86,651). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

Strong within its price band. Scores 64/100, ranking 2 of 94 in the $30k to $100k band. Scarcity is the strongest input, risk resilience the weakest.
Running it costs about $5,950 a year (11.4% of value), which is what the economics score measures. All in, including the projected value change, it is $3,044 a year.
The model's five year median is $69,709, a +34.1% move, with the tenth percentile at $59,544.
Value calibrated to recorded sales.
Evidence
Measured6 recorded sales
Off its peak
at peak
Value band
wide
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$3,044 a year all in, +34.1% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$52,000

Recorded sales

Every recorded observation, and when
6 rows on record
$103k$70k$37k
2023202420252026
the value this record published, year by yearnow $52kwhat the model expects across 48k–157k kmsold
Every row, with its price and note (6) ↓
Library value against the sold record
6 sales · median $58,000
Value $52,000
$44,500$95,850
Feb 2026Collecting Cars$46,000Sold
SOLD. 26 Feb 2026, Unanderra NSW, 127,353km indicated, not warranted. 2000 Japan-delivered import, nine years with the seller, Satellite Silver. BUILT 2.3-LITRE STROKER: Manley 100mm crank, Wiseco pistons, Turbo Tuff I-beam rods, ARP throughout, ported head with Ferrea +1mm valves, GTPumps 762 turbocharger, Haltech flex-fuel ECU and IQ3 dash - 315kW on E85, 285kW on 98. ORC twin-plate clutch, overhauled gearbox, genuine RS differential with an OS Giken 1.5-way. Japanese deregistration papers, JOC owner history certificate, documented receipts, owner-kept service log
Nov 2025Collecting Cars$58,500Sold
SOLD. 28 Nov 2025, Lidcombe NSW, 120,398km, believed genuine. VERIFIED by the house. 2000 Japan-delivered, imported 2015, one owner in Japan and two here, Scotia White, RARE FACTORY SUNROOF. Engine rebuilt by Precision Racing at about 100,000km on the original block, now 2.3 litres: forged H-beam rods and pistons, ARP throughout, ported head, Kelford 272R cams, Link G4X - 367.7kW on E85, 284.2kW on 98. Gearbox rebuilt with carbon synchros and a PPG tube. Import papers, Japanese log books, receipts for all work, dyno sheets. The dearest JDM GSR in the set and the best documented
Jul 2025Collecting Cars$95,850Sold
SOLD. 11 Jul 2025, Melbourne VIC, 88,000km. The highest Australian TME result on record. Specification not established from the source, so it is carried as the ceiling of the market rather than as a comparable
Mar 2025Collecting Cars$57,500Sold
SOLD. 6 Mar 2025, Montmorency VIC, 156,726km from new. NUMBER 152 OF THE 3,020 JDM GSR CARS BUILT. 1999 Japan-delivered, imported 2008, three years with the seller, Scotia White. Forged 2.0 rebuilt by Evolution R in 2017: Cosworth pistons and rods, 270-degree cams, ACL race bearings, ARP studs, GTPumps 762 - around 313kW. Open-door respray 2019 with new decals, serviced annually since 2017, invoices for all of it. The highest distance in the set and the second dearest
Jul 2024Collecting Cars$44,500Sold
SOLD. 17 Jul 2024, Keysborough VIC, 110,664km from new. NUMBER 2,626 OF 3,020. 2000 Japan-delivered import, three years with the seller, Scotia White, correct Enkei ten-spoke wheels. Closest to standard in the set at around 207kW: Apexi Power FC, three-inch exhaust, coilovers, Defi gauges, Alcantara retrim, and cosmetic carbon. Documented recent maintenance including a heater core replacement and a full gearbox and differential service. The lowest distance in the set and the cheapest car in it
Dec 2022Collecting Cars$80,500Sold
SOLD. 12 Dec 2022, Brisbane QLD. TRUE DISTANCE 47,838km - the Ralliart 300km/h cluster reads 10,248 because it was fitted at 37,000km. AUSTRALIAN-DELIVERED RS2, one of about 103 to Australia and one of 27 in Pyrenees Black Pearl, ONE OWNER FOR 21 YEARS and never tracked. Brembo brakes, Active Yaw Control, close-ratio gearbox. Heavily modified since - Borg Warner S366, Manley crank, CP pistons, Kelford cams, HKS Hipermax, titanium exhaust, around 424kW - and the air conditioning has been removed. Original service book and handbook. A different and dearer car than the JDM GSRs
6 completed Australian sales of 6 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Score breakdown

Against the $30k to $100k band median
94 cars in band · ink tick marks the median
Ownership economics30% of total
46/100-9
Scarcity25% of total
92/100+39
Demand durability20% of total
88/100+22
Liquidity15% of total
44/100-8
Risk resilience10% of total
32/100-4
Sub-scores run 0-100 before weighting; the weighted total is 64/100. Medians are computed live from the 94 cars currently in the $30k to $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
46/100
Baseline76 pts
− 11.4% of value a year to run-30 pts
Sub-score (baseline plus drivers, clamped 0-100)46 pts
Scarcity25% weight
92/100
Baseline62 pts
+ 3,020 JDM cars and about 103 Australian RS2s+20 pts
+ Homologation-adjacent, and the last of the 4G63 Evos to carry a driver's name+10 pts
Sub-score (baseline plus drivers, clamped 0-100)92 pts
Demand durability20% weight
88/100
Baseline58 pts
+ The most collected Evo of any generation+22 pts
+ A four-time world champion's name on the boot+8 pts
Sub-score (baseline plus drivers, clamped 0-100)88 pts
Liquidity15% weight
44/100
Baseline12 pts
+ 74 days on market+22 pts
+ A dozen Australian sales a year at most+10 pts
Sub-score (baseline plus drivers, clamped 0-100)44 pts
Risk resilience10% weight
32/100
Baseline58 pts
− Every Australian result on record is a built car-14 pts
− 4G63 ringland failure on hard-tuned engines-12 pts
Sub-score (baseline plus drivers, clamped 0-100)32 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 5,000 km a year

Annual cost of access, excl. fuel
$5,950a year
Share of value per year
11.4%
Scheduled servicing$1,25021%
Tyres, annualised$90015%
Registration and CTP$80013%
Insurance$1,90032%
Sinking fund (failure table)$1,10018%
All-in annualised (a different number)
Purchase (model value plus duty)$54,080
Running costs × 5 years$29,750
Median exit, net of selling cost$68,609
All-in annualised over 5 years$3,044/yr
Share of value per year5.9%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
10.5%a year, only to get the money back
This library projects
+6.0%a year
The projection falls 4.5 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$52,000
Stamp duty$2,080
Running costs x 5 years$29,750
Selling cost at exit, 2.1% of the salescales with price
Sale price needed at +5 years$85,642
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine2.0L turbo inline four (4G63, titanium turbine)
Power / torque206 kW / 373 Nm
0-100 km/h4.7 s
Transmission5sp manual
DriveAWD
Kerb weight1,365 kg
Built worldwide3,020
Delivered to Australia103
Effective AU survivors380
Australian sales / year12
Typical days on market74 days
Launch price$62,000

What moves the price on this model

Colour hierarchy
Scotia White+3%
Satellite Silver+1%
Pyrenees Black Pearl+5%
Canal Blue+4%
Options
Australian-delivered RS2 rather than a JDM GSR+34%
Numbered plaque and a low build number+8%
Factory sunroof+5%
Japanese log books and export certificate+9%
Documented professional rebuild with receipts and a dyno sheet+7%
Original paint, never resprayed+6%
Correct Enkei wheels and unmarked Brembos+4%
Odometer sensitivity±0.5% per 10,000 km vs 130,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$69,709
+34.1% on today
The model's figure. Today it is $52,000.
Even odds it lands between $64,362 and $78,620.
$59,544 lowhigh $86,651
The shaded range is even money and 22% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A stronger five year outlook than 97% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: +$17,709 across five years.
Running costs over the same period: $29,750.
Duty and expected selling costs: $3,180.
Net cost of five years of ownership: $15,220, or $3,044 a year.
The projected value rise offsets part of the running cost. It does not make the car free to own.

The case for and against

The case for

The Evo the market settled on: a titanium turbine, a helical front differential and a world champion's name, built in small numbers and now the only 4G63 Evo trading as a collectable rather than as a used performance car. Australian RS2s are rarer than the JDM cars and price accordingly.

The case against

Six Australian results and not one of them is a standard car - every one has been opened, which means the value here prices a build and a buyer is trusting somebody else's machining. The 4G63 breaks ringlands when it is pushed, and at 350kW-plus it is being pushed.

Known faults and risks

Risk 1Every recorded Australian sale is a modified car
Risk 2Ringland failure on hard-tuned 4G63s
Risk 3Odometer clusters swapped during builds - the RS2's read 10,248 against a true 47,838
Risk 4JDM GSR and Australian RS2 are different markets sharing a name
4G63 rebuild after ringland failure$12,000
Gearbox rebuild$4,500
AYC pump and differential service$2,200

Similar cars, and what they cost to run

Evidence behind this valueMeasured · 6 recorded sales
Carried value
$52,000
Historical price
2016 · $28,0002026 · $52,000
Measured
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Six Australian TME results, and the odometer does not sort them

Across the four Japan-delivered GSR cars the correlation between distance and price is PLUS 0.55 - the wrong sign, on four points, which is noise rather than a finding. The two dearest are the two with the most paperwork: $58,500 at Lidcombe, New South Wales in November 2025, a 120,398-kilometre car with a factory sunroof, a house-verified sale, import papers, Japanese log books, receipts and dyno sheets; and $57,500 at Montmorency, Victoria in March 2025, number 152 of the 3,020 GSRs built, at 156,726 kilometres. The cheapest, $44,500 at Keysborough, Victoria in July 2024, is number 2,626 and the least distance in the set at 110,664 kilometres. kmPct is therefore set at a nominal 0.5 and this record does NOT claim to have measured it.

Read the rest of the evidence notes (4 more)
Every one of these cars has been built, which is the point about the model

Two carry 2.3-litre stroker rebuilds, one a forged 2.0 by Evolution R, and the near-standard car is the cheapest of the four. A standard, unopened TME did not appear once in six results, so the value here prices a documented built car, and an untouched original would sit above it rather than below.

The Australian-delivered RS2 is a different and dearer car again

$80,500 at Brisbane in December 2022, one of about 103 RS2s delivered new to Australia and one of 27 in black, one owner for 21 years and never tracked, at a true 47,838 kilometres - the Ralliart 300km/h cluster reads 10,248 because it was fitted at 37,000. Local delivery, single ownership and half the distance of the JDM cars, and it made 39 per cent more than the best of them.

The $95,850 Melbourne result in July 2025 is the highest on record

And its specification is not established from the source; it is carried as the ceiling rather than as a comparable.

The value of $52,000 is the middle of the four JDM GSR cars

- median $51,750, mean $51,625, fitted $51,876 at the 130,000 kilometres this record treats as standard. It prices a Japan-delivered GSR TME with a documented build, not an Australian RS2. SOURCING: five of the six are read from the Collecting Cars lot pages themselves, which is where the build, numbering and documentation detail above comes from.

This page prices the model.
The report prices the car in the advertisement.

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Read a real listing report

Backed by 6 recorded Australian sales of this model. Read a complete one on a real car first. Seventeen sections, no account, nothing to pay.

This model, today$52,000
Half of sales are further out than$5,813
The report$249
23×
the price of the report: what half of real sales of this model sit further from this page's number than, on this car
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