Lexus IS 500

vs

Mitsubishi Lancer Evolution

Japan vs Japan — 2022 vs 1998

Lexus IS 500 (2022)
Mitsubishi Lancer Evolution (1998)
Specifications
IS 500 F Sport PerformanceLancer Evolution V (CP9A)
Horsepower472 hp280 hp
Torque395 lb-ft275 lb-ft
Engine Size4,969 cc1,997 cc
0-60 mph4.4 sec4.7 sec
Top Speed168 mph155 mph
¼ Mile12.8 sec13.4 sec
Weight3,891 lbs2,778 lbs
Wheelbase2,800 mm2,510 mm
Length4,710 mm4,350 mm
Units Produced6,000
Original MSRP$58,750
Value (Excellent)$65,000$90,000
Collectibility5/109/10
Rarity5/107/10
The Verdict

It's a closely fought contest. The 2022 Lexus IS 500 F Sport Performance brings more power, quicker acceleration, higher top speed to the table, and the 1998 Mitsubishi Lancer Evolution V (CP9A) answers with lighter weight, stronger collectibility. Both are excellent machines that reward their owners in different ways — there's no wrong answer here.

Overview

In the world of Sports Sedan cars, few comparisons generate as much discussion as the 2022 Lexus IS 500 F Sport Performance versus the 1998 Mitsubishi Lancer Evolution V (CP9A). Both hail from Modern classic and represent the pinnacle of their respective manufacturers' ambitions. The 2022 Lexus IS 500 F Sport Performance holds a clear advantage in raw power with 472 hp compared to 280 hp, a 192-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Lexus IS 500 uses a V8 DOHC 32-valve (2UR-GSE) displacing 4,969 cc, while the Mitsubishi Lancer Evolution relies on a Inline-4 DOHC 16V Turbocharged with 1,997 cc. In the sprint to 60 mph, the 2022 Lexus IS 500 F Sport Performance edges ahead at 4.4 seconds versus 4.7 seconds. The Mitsubishi Lancer Evolution carries a weight advantage, tipping the scales 1113 lbs lighter. 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.