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Mitsubishi - GTO (1997)
Discover the Classic Appeal of the Mitsubishi GTO – the 1997 Mitsubishi GTO is a desirable muscle‑car enthusiast's gem, fusing robust performance with understated elegance. Curious about the Mitsubishi GTO price? The value of this iconic sedan hinges on a blend of its production year, condition, mileage, and market demand. Whether you’re eyeing a pristine example or a well‑used chassis, knowing the Mitsubishi GTO 1997 price range and the used Mitsubishi GTO price dynamics can help you set a realistic budget and make confident decisions.
- Engine: 3.0‑liter DOHC V6, 245 hp, 225 lb‑ft torque
- Transmission: 4‑speed automatic (manual options exist in early model years)
- Fuel Type: Regular gasoline
- Dimensions: Length 183.3 in | Width 71.3 in | Height 54.9 in | Wheelbase 107.1 in
- Weight: Approx. 3,250 lb curb weight
- Drivetrain: Rear‑wheel drive (RWD)
- Key Features: Dual‑fuel injection, Power‑Steering, Disc brakes front/rear, Air conditioning, 2000‑style 5‑point seat safety system
- Storage: 13.3 cu ft trunk capacity, 2.9 cu ft spare tire well
- Fuel Economy: Approx. 18 mpg city / 23 mpg highway
Understanding Mitsubishi GTO depreciation is essential for buyers and sellers alike. Historically, the GTO’s resale depreciation follows a pattern common to many classic muscle cars: an initial, steep drop followed by a steadier decline. In the first year, the vehicle typically loses about 15‑20% of its value, whereas the next 2‑to‑3 years may see a 5‑10% per annum depreciation, depending on mileage and maintenance records.
Comparatively, what is a 1997 Mitsubishi GTO worth in today’s marketplace hinges on comparative benchmarks. In the United States, the 1997 Mitsubishi GTO competes with contemporaries such as the Dodge Viper SRT‑10 (mid‑$8,000‑$12,000), the Ford Mustang GT (mid‑$7,000‑$11,000), and the Acura Legend (mid‑$6,000‑$9,000). These figures illustrate that a well‑maintained, low‑mileage GTO can hold its ground, often trading at prices 12‑17% higher than its counterparts when factoring in efficient powertrain and solid build quality.
Why the 1997 Mitsubishi GTO remains a market favorite is multifold:
- Powerful V6: The 3.0‑liter engine offers a punchy drive with smooth acceleration.
- Reputable Mechanic: Mitsubishi’s cylinder head construction delivers longevity with routine maintenance.
- Resale Value: It exhibits less price erosion than many straight‑4 rivals in the same era.
- Collector Interest: With modest production numbers, it has a niche appeal to muscle‑car collectors.
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | £7,995.00 | Unlock all links |