What a Mitsubishi Pajero Evolution Is Actually Worth
True Value$42,100
Fair Range$37,000 - $47,100
Median Recent Sold$34,000
VerdictWATCH
As of October 2026, CarSearch.Pro's True Value model estimates a typical Mitsubishi Pajero Evolution is actually worth $42,100 (fair range $37,000 to $47,100). Unlike the median asking price shown above, True Value is anchored to 25 recent confirmed sales, normalized for mileage, and blends auction hammer prices (grossed up for buyer's premium) with real-world asking behavior.
Sellers are currently asking a median of $36,400 — about 14% below what these cars have actually been selling for. Asks sitting below recent sold values can signal softening demand or motivated sellers.
Well-supported value · momentum cooling — but volatile.
As of October 2026, the Mitsubishi Pajero Evolution market has 3 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $32,900, with the middle 50% of listings priced between $2,433 and $39,995. Mitsubishi Pajero Evolution prices have increased 20.0% over the past quarter, from a median sale price of $31,594 to $37,900.
The typical Mitsubishi Pajero Evolution on the market has 87,000 miles.
Current Mitsubishi Pajero Evolution Pricing
A fair price for a Mitsubishi Pajero Evolution in October 2026 is between $2,433 and $39,995 (25th to 75th percentile). Prices range from $2,433 to $39,995 across 3 active listings.
Price Distribution (3 Active Listings)
Percentile
Price
Meaning
10th
$2,433
Budget / project cars
25th
$2,433
Below average price
Median (50th)
$32,900
Typical market price
75th
$39,995
Above average / premium
90th
$39,995
Top tier / low miles / rare spec
The average asking price is $25,109, which is lower than the median, suggesting pricing is relatively symmetrical across the market.
Mitsubishi Pajero Evolution Price Trends
Mitsubishi Pajero Evolution prices have increased 20.0% over the past quarter. In 2026-Q3, the median sale price was $37,900 across 5 sales, up from $31,594 in 2026-Q2.
On a year-over-year basis, Mitsubishi Pajero Evolution prices are up 14.9% ($37,900 vs. $32,995 a year ago).
Mitsubishi Pajero Evolution Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2024-Q4
4
$34,000
$30,126
2025-Q1
7
$31,000
$34,325
2025-Q2
8
$35,000
$30,923
2025-Q3
7
$32,995
$31,493
2025-Q4
5
$28,000
$26,737
2026-Q1
4
$39,109
$36,642
2026-Q2
9
$31,594
$35,734
2026-Q3
5
$37,900
$41,766
Best Value Mitsubishi Pajero Evolution by Model Year
The 1998 Mitsubishi Pajero Evolution offers the best value with a median price of $2,433 across 1 listings. The most expensive model year is 1999 at a median of $39,995.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
1997
1
$32,900
$32,900
$32,900
1998
1
$2,433
$2,433
$2,433
1999
1
$39,995
$39,995
$39,995
How Mileage Affects Mitsubishi Pajero Evolution Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Mitsubishi Pajero Evolution from confirmed sales, referenced to a typical example at about 70,836 miles:
Odometer (approx.)
Value Multiplier
Implied Value
1,118 mi
1.43x
$60,262
6,865 mi
1.09x
$45,798
10,607 mi
1.17x
$49,080
21,659 mi
1.10x
$46,468
36,875 mi
1.08x
$45,545
65,524 mi
1.03x
$43,538
96,461 mi
0.88x
$37,161
134,635 mi
0.81x
$34,029
251,000 mi
0.63x
$26,448
Low-mileage examples carry a real premium in this market: around 1,118 miles, cars trade at roughly 1.43x the reference value. At the other end, 251,000-mile examples trade at about 0.63x. Implied values here are anchored to this market's True Value.
Mitsubishi Pajero Evolution Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
56%
volatile
57% over 23 tests
12 months
↓ DOWN
57%
volatile
59% over 17 tests
24 months
↓ DOWN
60%
volatile
insufficient history
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Mitsubishi Pajero Evolution — every month we re-run the forecast as if we only knew what was knowable then, and grade it against what actually happened. We publish the hit rate either way. Full methodology & track record →
Mitsubishi Pajero Evolution Buyer's Guide Summary
Fair price range: $2,433 to $39,995. The median is $32,900. Anything below $2,433 is a strong value; above $39,995 should be premium condition, low miles, or a desirable specification.
Trending up: Mitsubishi Pajero Evolution prices have risen 20.0% recently. Buying sooner may save money if the trend continues.
Best value year: The 1998 model year has the lowest median price at $2,433, making it the most accessible entry point into Mitsubishi Pajero Evolution ownership.