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Mitsubishi

Mitsubishi - Shogun/Pajero (1993)

Mitsubishi Shogun/Pajero 1993 – an icon in the heavy‑duty SUV market that still commands attention today. The 1993 model first appeared on the road during the early 1990s, a period when ruggedness and reliability were the main selling points for off‑road enthusiasts. While the Mitsubishi Shogun/Pajero price has fluctuated over the years, enthusiasts are always curious: how much does a 1993 Mitsubishi Shogun/Pajero hold today? In this guide, we break down the specs, depreciation trends, and market positioning of this classic SUV and provide a clear path to finding the most reliable used Mitsubishi Shogun/Pajero price information.

  • Engine: 3.8‑liter 4G63, 215 hp, 260 lb‑ft torque (E85‑compatible)
  • Transmission: 5‑speed manual or 4‑speed automatic
  • Fuel Type: Petrol, naturally aspirated
  • Drive Configuration: 4×4 with low‑range transfer box
  • Dimensions (Long × Wide × High): 4,765 mm × 1,729 mm × 1,840 mm
  • Wheelbase: 2,525 mm
  • Cargo capacity: 2,677 L behind both rows; 5,590 L with all rows folded
  • Weight: Approx. 2,200 kg (gross)
  • Interior features: Power‑top body shades, manual air conditioning, basic alloy wheels, optional air‑bag system
  • Off‑road options: Off‑road kit (cable winch, shock absorbers, skid plates), Off‑Road Package access with rear‑track platforms

Depreciation Insight

In the automotive world, Mitsubishi Shogun/Pajero depreciation often follows a predictable trajectory. The first year is usually the most significant drop: “typically loses 15‑20% of its value in the first year”. Subsequent years see slower declines, roughly 8‑10% annually as long as the vehicle remains in good condition.

  • Year 0–1: 15‑20% drop
  • Year 1–3: 8‑10% per year
  • Year 3–5: 5‑7% per year (depending on condition/maintenance)
  • After 5 years: 3‑5% per year, often stabilizing around a reserve value

When estimating the used Mitsubishi Shogun/Pajero price, remember that models with full service records, low mileage, and matching part stock can retain up to 10% more residual value than comparable vehicles.

Comparison Context

Compared to similar models such as the Mitsubishi Pajero WillRider or the Land Rover Discovery Series, the 1993 Shogun/Pajero holds its own in both performance and price positioning. The Shogun/Pajero tends to be priced 10‑15% lower on average in secondary markets, offering a more affordable route into off‑road ownership without sacrificing essential performance parameters.