Japan vs Japan — 1992 vs 1998
| Lancer Evolution Evolution III (CE9A) | Lancer Evolution V (CP9A) | |
|---|---|---|
| Horsepower | 270 hp | 280 hp |
| Torque | 228 lb-ft | 275 lb-ft |
| Engine Size | 1,997 cc | 1,997 cc |
| 0-60 mph | 5.0 sec | 4.7 sec |
| Top Speed | 149 mph | 155 mph |
| ¼ Mile | 13.5 sec | 13.4 sec |
| Weight | — | 2,778 lbs |
| Wheelbase | 2,510 mm | 2,510 mm |
| Length | 4,310 mm | 4,350 mm |
| Units Produced | 5,000 | 6,000 |
| Value (Excellent) | $75,000 | $90,000 |
| Collectibility | 5/10 | 9/10 |
| Rarity | 7/10 | 7/10 |
Numbers favor the 1998 Mitsubishi Lancer Evolution V (CP9A) with quicker acceleration, higher top speed, stronger collectibility. The 1992 Mitsubishi Lancer Evolution Evolution III (CE9A) offers its unique character, and has its own devoted following. For those who let their heart decide, either car delivers a rewarding ownership experience.
Few model names carry as much weight as the Mitsubishi Lancer Evolution. The 1992 and 1998 iterations represent different chapters in this storied nameplate's history, each reflecting the priorities and technologies of its era. On paper, the two are remarkably close in power output, with the 1992 Mitsubishi Lancer Evolution Evolution III (CE9A) producing 270 hp and the 1998 Mitsubishi Lancer Evolution V (CP9A) delivering 280 hp. In the sprint to 60 mph, the 1998 Mitsubishi Lancer Evolution V (CP9A) edges ahead at 4.7 seconds versus 5.0 seconds. Both trade at comparable values on the collector market, making the choice between them largely one of personal preference. From a collectibility standpoint, the 1998 Mitsubishi Lancer Evolution V (CP9A) rates higher among enthusiasts and auction houses.