WORLD BEST
Car price tracker
Track car prices and stay informed on market trends with our comprehensive car pricing tool. See historical prices and compare models to make an informed decision on your next vehicle purchase. Find the best deal on your dream car today!
< Go back
Mitsubishi - Lancer (1998)
Welcome to the go‑to resource for anyone looking to understand the current market value of the classic Mitsubishi Lancer. Whether you’re curious about a Mitsubishi Lancer 1998 price, comparing the used Mitsubishi Lancer price against newer models, or simply asking what is a 1998 Mitsubishi Lancer worth, you’ll find clear, up‑to‑date insights right here.
Inside this section, you’ll discover:
- A thorough, HTML‑formatted list of the Lancer’s key specifications.
- Realistic depreciation estimates that show how the car’s value evolves over time.
- Comparative context with other popular compact cars of the era.
- A snapshot of the Lancer’s position in today’s market segments.
- A call to action inviting you to get the most precise pricing for your local region.
Let’s dive in.
Key Specifications of the 1998 Mitsubishi Lancer- Engine: 2.0L 4‑Cylinder, 12‑valve, Produces 140 hp at 5,200 rpm and 126 lb‑ft of torque at 4,400 rpm.
- Transmission: 5‑Speed Manual (six‑speed optional on certain trims) and 4‑Speed Automatic.
- Fuel Type: Regular unleaded gasoline.
- Dimensions:
- Length: 4,380 mm (172.4 in)
- Width: 1,685 mm (66.3 in)
- Height: 1,375 mm (54.1 in)
- Curb Weight: 1,270 kg (2,800 lb)
- Wheelbase: 2,470 mm (97.2 in).
- Drivetrain: Front‑wheel drive (standard) with optional all‑wheel drive on the GT sport tracks.
- Cargo Capacity: 10.5 cu ft (298 L) with rear seats up, expanding to 27.1 cu ft (767 L) when the rear seats are folded.
Understanding how a vehicle loses value helps both buyers and sellers make smarter decisions. For the Mitsubishi Lancer, depreciation follows a curve typical of compact cars from the late 1990s.
- In its first year, a well‑maintained Lancer typically loses 15–20% of its purchase price.
- By the end of the second year, the car’s value drops another 8–12%, reflecting common wear such as wear on the clutch and minor interior aging.
- Over a five‑year period, average depreciation sits between 50–55% of the original price, meaning that a 1998 model that opened at $10,000 might trade for around $4,500–$5,000 at the midpoint of a five‑
Last 20 car trackeds
Last tracked date Status Price Price rank Link 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links 5 years ago used £11,495.00 Unlock all links Note that old links may not work