The 2004 Mitsubishi Lancer Evolution, often called the 'Evo VIII,' is a legendary performance sedan. Produced from 2003 to 2005 for this generation, it boasts a sporty sedan body style. Key trims include the standard GSR and the more performance-oriented MR. While precise pricing varies wildly on the used market, new, it was in the $30,000-$40,000 range. Its popularity stems from its rally-bred heritage, potent turbocharged engine, and exceptional all-wheel-drive system, offering supercar-like performance for the price.
The Good
The 2004 Lancer Evolution excels in raw performance with its powerful turbocharged engine and advanced AWD. It offers a thrilling driving experience for enthusiasts. For practical buyers, its relatively robust powertrain, unique design, and solid value proposition on the used market are appealing.
The Bad
Known weaknesses include potential turbocharger issues, clutch wear, and differential problems, especially on abused examples. Suspension components can also wear out. The interior can feel a bit basic compared to luxury rivals, and fuel economy is naturally a compromise.
2004 Mitsubishi Lancer Evolution: Quick Overview
- Engine Options: The 2004 Mitsubishi Lancer Evolution VIII exclusively features a 2.0-liter turbocharged inline-4 cylinder engine.
- Horsepower: In North America, the standard output was 271 horsepower. The MR trim also offered 271 horsepower but with enhancements for better performance.
- Fuel Economy: Expect significantly low fuel economy due to its performance-oriented nature. Estimated EPA ratings were around 17 MPG city and 22 MPG highway, though real-world results are often lower, especially under spirited driving conditions.
- 0-60 Times: With its potent powertrain and advanced all-wheel-drive system, the 0-60 MPH time for the 2004 Lancer Evolution typically ranged from 4.5 to 5.0 seconds, depending on conditions and driver.
- Towing Capacity: Towing capacity is not applicable as this is a high-performance sports sedan designed for agility and speed, not utility.
- Trim-Level Features:
- GSR: Typically came with a standard set of features, including sport seats, power windows and locks, air conditioning, a CD player, and the signature Recaro front seats. It featured Mitsubishi's Active Yaw Control (AYC) system for enhanced handling.
- MR: The MR (Mitsubishi Racing) trim offered a more focused performance package. It often included Bilstein shock absorbers, lightweight Enkei wheels, a carbon fiber front lip spoiler, a titanium-finish turbocharger, and a short-throw shifter for the manual transmission. The MR often omitted some creature comforts to save weight, like the rear wiper. Both trims featured the Super Active Center Differential (ACD) for torque distribution.
2004 Mitsubishi Lancer Evolution Specifications
Vehicle Information
| Year | 2004 |
| Make | Mitsubishi |
| Model | Lancer Evolution |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Compact Car |
Manufacturing Details
| Made In | Japan |
| Manufacturing City | MIZUSHIMA |
Dimensions
| Doors | 4-Door |
| Curb Weight | 2700 pounds |
| Gross Vehicle Weight Rating | 4222 pounds |
| Overall Height | 54.10 inches |
| Overall Length | 180.50 inches |
| Overall Width | 66.80 inches |
| Wheelbase Length | 102.40 inches |
| Standard Seating | 5 |
Engine & Performance
| Engine | 2L I4 |
| Engine Size | 2L |
| Engine Cylinders | 4 |
| Transmission | 4-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 4-Speed |
| Drivetrain | Front-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $29,999 |
| Invoice Price | $28,182 |
| Delivery Charges | $575 |
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What Problems Does the 2004 Mitsubishi Lancer Evolution Have?
The 2004 Mitsubishi Lancer Evolution VIII, while a highly capable performance car, is not without its potential issues, particularly as it ages. One of the most frequently reported concerns revolves around the powertrain. The turbocharger, while robust for its class, can be a point of failure, especially if the vehicle has been driven hard or poorly maintained. Signs of a failing turbo include a loss of power, excessive smoke from the exhaust, or unusual noises. Clutch wear is another common issue; given the Evo's performance-oriented nature and the likelihood of spirited driving, clutches can wear out faster than on a typical sedan. Manual transmissions, while generally strong, can experience synchro issues if subjected to hard shifting. The ACD (Active Center Differential) and AYC (Active Yaw Control) systems, while brilliant for handling, can also develop faults over time, leading to warning lights and compromised handling dynamics. These systems are complex and can be expensive to repair. Fuel pumps have also been known to fail. Engine reliability is generally good if the car has been meticulously maintained with regular oil changes using high-quality oil and filters, and if the turbo has not been pushed beyond its limits or subjected to prolonged high-heat conditions. However, these cars are often enthusiasts' vehicles and may have been modified, which can introduce new reliability concerns. Recalls for the 2004 model year are not as widespread as for some other vehicles, but owners should always check for any outstanding campaigns. Long-term reliability hinges heavily on how the car was treated and maintained. A well-cared-for Evo VIII can be surprisingly dependable, but a neglected or abused example can lead to costly repairs, especially for components like the turbo, differentials, and clutch.
How long will the 2004 Mitsubishi Lancer Evolution last?
Based on owner data and typical maintenance, a 2004 Mitsubishi Lancer Evolution can realistically be expected to provide good service for 150,000 to 200,000 miles, provided it has received diligent maintenance. However, high-mileage examples will almost certainly require more significant component replacements, such as clutches, turbochargers, and suspension parts. The long-term durability of the engine and transmission is good under regular servicing and avoiding extreme abuse. Weaknesses that emerge over time are often related to the high-performance components: the turbocharger, differentials, and braking system will likely need attention sooner than on a more sedate vehicle. Regular oil changes, timely replacement of wear items, and avoiding hard launches or sustained high-RPM driving will significantly contribute to its longevity.
What Technology & Safety Features are Included?
The 2004 Mitsubishi Lancer Evolution VIII prioritizes performance over extensive luxury tech, but it still offers a functional suite of features for its era. The standard entertainment system typically includes an AM/FM stereo with a CD player, and some models might have had optional premium audio systems. Bluetooth connectivity or integrated navigation was not standard and very rare as an aftermarket addition. In terms of driver-assistance features, the Evo VIII was relatively basic by modern standards. Its standout technological prowess lies in its mechanical systems, such as the sophisticated all-wheel-drive system with Active Center Differential (ACD) and Active Yaw Control (AYC) for exceptional handling and traction. Safety features included standard front airbags, and some models may have had optional side airbags. Anti-lock braking system (ABS) was also standard. Crash-test ratings for the 2004 Lancer Evolution are not readily available from major agencies like NHTSA or IIHS in the same detailed format as contemporary sedans, as it was a low-volume, niche performance vehicle. However, based on its construction and safety equipment, it offered a reasonable level of protection for its class and time. The focus was heavily on active safety through its advanced chassis and AWD, allowing drivers to avoid accidents through superior control. Optional features were generally performance-oriented rather than comfort or convenience-focused, such as the MR trim's enhanced suspension and lightweight components. Overall, while not a tech powerhouse, the Evo VIII provided essential safety features and cutting-edge mechanical technology that enhanced its driving dynamics.
What Colors Options are Available?
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2004 Mitsubishi Lancer Evolution Prices and Market Value
When new, the 2004 Mitsubishi Lancer Evolution VIII typically ranged from approximately $30,000 to $35,000 depending on the trim level (GSR vs. MR) and optional equipment. Its depreciation curve has been rather unique. Unlike most performance cars that depreciate heavily, the Evo VIII has held its value remarkably well, and in many cases, pristine examples have seen appreciation. Current used market prices can range from $15,000 for high-mileage or modified examples to well over $30,000 or even $40,000 for low-mileage, unmolested, or exceptionally rare MR models. Factors affecting resale value include mileage, maintenance history, originality (stock condition is highly prized), overall condition, and historical performance pedigree. Track-focused or heavily modified cars often command lower prices unless they are exceptionally well-documented builds.
2004 Mitsubishi Lancer Evolution Cost of Ownership
Owning a 2004 Mitsubishi Lancer Evolution is generally considered costly. Insurance premiums can be significantly higher than for a standard sedan due to its performance nature and higher repair costs. Fuel economy is poor, with owners often seeing well under 20 MPG combined. Maintenance is critical; specialized fluids and frequent oil changes are necessary, adding to costs. Repairs can be expensive, especially for performance-specific components like the turbocharger, differentials, and AWD system. Finding specialized mechanics can also be a challenge. It is not an economical vehicle to own, with high running costs being a significant factor.
2004 Mitsubishi Lancer Evolution Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
13.20 gallons
City Mileage
18 miles/gallon
Highway Mileage
26 miles/gallon
2004 Mitsubishi Lancer Evolution Safety Rating
NHTSA
IIHS
2004 Mitsubishi Lancer Evolution Warranty
Basic
Original warranty
60 months / 60,000 miles
Estimated remaining
Expired
Powertrain
Original warranty
60 months / 60,000 miles
Estimated remaining
Expired
Rust
Original warranty
84 months / 100,000 miles
Estimated remaining
Expired
2004 Mitsubishi Lancer Evolution Insurance
Insurance for a 2004 Mitsubishi Lancer Evolution is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2004 Mitsubishi Lancer Evolution Compare to Other Sedan?
The 2004 Mitsubishi Lancer Evolution VIII competed in a niche segment of high-performance, turbocharged, all-wheel-drive sedans. Its primary contemporary rival was the Subaru WRX STI. In terms of performance, the Evo VIII typically had a slight edge in outright grip and handling precision due to its more sophisticated AYC system and often more potent powerplant configurations. The WRX STI, however, offered a similarly exhilarating rally-bred experience with its signature boxer engine rumble and equally capable AWD. In terms of features, both cars were relatively spartan compared to mainstream luxury sedans. The Evo VIII focused on driving dynamics, offering Recaro seats and performance-oriented instrumentation. The WRX STI offered similar sporting accoutrements. Reliability is a mixed bag for both. While their powertrains are robust when properly maintained, they are also highly stressed. Neglected examples of either can be problematic. The Evo VIII, particularly the MR trim, was often seen as having a slightly more refined chassis, while the WRX STI was known for its raw, visceral feel. Price-wise, both were similarly positioned in the mid-$30,000 range when new. On the used market, both have appreciated, with well-maintained examples commanding significant premiums. Alternatives to consider might include the Subaru WRX STI (as mentioned), or perhaps a more powerful, rear-wheel-drive performance car like a Ford Mustang GT or a Chevrolet Corvette if all-wheel-drive isn't a necessity. For those seeking a more refined but still potent performance sedan, a BMW 3 Series (e.g., 330i or M3) might be considered, though at a higher price point and with different driving characteristics. However, for the specific blend of rally-inspired, all-wheel-drive performance and aggressive styling, the 2004 Lancer Evolution VIII remains in a class of its own, with the WRX STI being its closest spiritual sibling.
Final Verdict: Is the 2004 Mitsubishi Lancer Evolution a Good Sedan?
The 2004 Mitsubishi Lancer Evolution VIII is ideal for the driving enthusiast who prioritizes exhilarating performance, razor-sharp handling, and rally-inspired heritage above all else. It's not for the faint of heart or those seeking a comfortable, economical daily driver. Whether it's worth buying depends heavily on the buyer's expectations and tolerance for potential maintenance. Buying used is the only option, and extreme caution is advised. Thorough pre-purchase inspections by specialists are essential. Prioritize lower-mileage, stock, and meticulously maintained examples, ideally with documented service history. The MR trim offers a more focused performance experience but can be harder to find and more expensive. For the right buyer and with careful selection, it can be a rewarding, albeit costly, ownership experience.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.