HomeMitsubishiMitsubishi Lancer2008 Mitsubishi Lancer
Evolution GSR Sedan 4D
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Used 2008 Mitsubishi Lancer Evolution GSR Sedan 4D

Panama City, FL
32401
4.5
rating
Consumer
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2008 Mitsubishi Lancer Evolution GSR Sedan 4D

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Important Info & Definitions

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Values and Prices

2008 Mitsubishi Lancer Evolution GSR Sedan 4D
2008 Mitsubishi Lancer Evolution GSR Sedan 4D
Fair Purchase Price$13,200

Fair Purchase Price is determined by collecting thousands of actual consumer vehicle purchase prices, plus data from national vehicle registration databases and several other reliable third-party sources.

Estimated Values

Condition
Trade-In Value
Private Party Value
Excellent
$12,050
$12,850
Very Good
$11,650
$12,500
Good
$11,250
$12,050
Fair
$10,200
$10,950

Estimated Trade-In Values for the 2008 Mitsubishi Lancer Evolution GSR Sedan 4D range from about $10,200 to $12,050 depending on vehicle condition. Estimated Private Party Values range from about $10,950 to $12,850 depending on vehicle condition. Valid for ZIP Code 32401 through 3/23/2026.

Fair Purchase Price
Fair Purchase Price shows what others in your area are actually paying for this vehicle.
Trade-In Value
Trade-In Value is the amount you can expect to receive this week when trading in your vehicle at a dealership.
Private Party Value
Private Party Value is the fair price you can expect when selling your car to an individual, not to a dealer.

2008 Mitsubishi Lancer Evolution GSR Sedan 4D Depreciation

A 2008 Mitsubishi Lancer Evolution GSR Sedan 4D has depreciated $1,580 or 11% in the last 3 years and has a current resale value of $12,050 and trade-in value of $11,250.

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2008 Mitsubishi Lancer Evolution GSR Sedan 4D
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2008 Mitsubishi Lancer Evolution GSR Sedan 4D Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
+ $567
$13,630
$11,985
2024
+ $562
$14,192
$12,580
2025
+ $238
$14,430
$12,970
Now
$2,380
$12,050
$11,250
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2008 Mitsubishi Lancer Evolution GSR Sedan 4D Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Car Financing
101

Specifications

Dimensions, Weights & Capacities

Curb Weight
3517 lbs.
EPA Passenger
100.2 cu.ft.
Fuel Capacity
14.5 gallons
Front Head Room
40.6 inches
Front Leg Room
42.5 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.3 inches
Overall Length
177.0 inches
Front Shoulder Room
54.7 inches
Turning Diameter
38.7 feet
Wheel Base
104.3 inches
Gross Vehicle Weight Rating (GVWR)
4542 lbs.
Width with mirrors
71.3 inches

Exterior

Alloy Wheels
Available
Fog Lights
Available
HID Headlights
Available
Number of Doors
4 doors
Rear Spoiler
Available

Fuel Economy

City
16 mpg
Highway
22 mpg
Combined
18 mpg

Mechanical

Drivetrain
AWD
Transmission Type
Manual
5 speed
Available
Recommended Fuel
Premium
Limited Slip Differential
Available

Performance

Horsepower
291 @ 6500 RPM
Torque
300 @ 4400 rpm
Engine
4-Cyl, Turbo, 2.0 Liter

Warranty

Basic
5 years / 60000 miles
Powertrain
10 years / 100000 miles
Corrosion
7 years / 100000 miles

2008 Mitsubishi Lancer Evolution GSR Sedan 4D Standard Features

  • Alarm System
  • CD Player
  • Cloth Seats
  • Cruise Control
  • Folding Rear Seat
  • Leather-Wrapped Steering Wheel
  • MP3 Player
  • Navigation System
  • Power Outlet
  • Power Windows
  • Premium Radio
  • Proximity Sensing Keyless Entry
  • Rear Window Defroster
  • Remote Control Liftgate/Trunk Release
  • Remote Keyless Entry
  • Satellite Radio
  • Tilt Steering Wheel
  • Touch Screen Monitor
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2008 Mitsubishi Lancer
KBB.com Review

You'll Like This Car If...

Drivers who spend time on twisty roads or at the track are sure to lust for the 2008 Mitsubishi Evolution. Behind its sedan exterior is an engine that will work to push you into snug Recaro seats and an all-wheel-drive system that makes even mediocre drivers feel supremely skilled.

You May Not Like This Car If...

Despite adopting a more sophisticated demeanor for 2008, the Mitsubishi Evolution is a poor excuse for a daily driver, especially in MR form. The ride is harsh, the front Recaro seats confining for larger folks and the new MR’s new twin-clutch transmission is ill suited in stop-and-go traffic.

2008 Mitsubishi Lancer
KBB.com Consumer Reviews

4.5

Consumer Rating

377 ratings
Value
4.6
Performance
4.6
Quality
4.5
Comfort
4.5
Reliability
4.7
Styling
4.6

2008 Mitsubishi Lancer Evolution GSR Sedan 4D Safety

Safety Features & Technology

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Stability Control
  • Driver Knee Airbag
  • Front Head Curtain Airbag
  • Front Side Airbag
  • Rear Head Curtain Airbag

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See Details
Price
$13,200
$11,700
$11,600
$11,400
KBB.com Rating
N/A
4.4
4.6
4.6
Consumer Rating
4.5
4.4
4.4
4.6
Fuel Economy
City 16/Hwy 22/Comb 18 MPG
City 39/Hwy 45/Comb 41 MPG
City 40/Hwy 38/Comb 40 MPG
City 19/Hwy 29/Comb 22 MPG
Fuel Type
Gas
HybridLeafIcon
HybridLeafIcon
Flexible Fuel
Safety Rating
N/A
5.0
5.0
5.0
Seating Capacity5555
Basic Warranty
5 years or 60000 miles
5 years or 60000 miles
3 years or 36000 miles
3 years or 36000 miles
Horsepower
291 @ 6500 RPM
192 @ 6000 RPM
200 @ 5700 RPM
305 @ 6800 RPM
Engine
4-Cyl, Turbo, 2.0 Liter
4-Cyl, Hybrid, 2.0 Liter
4-Cyl, Hybrid, 2.5 Liter
V6, Flex Fuel, 3.6 Liter
Drivetrain
AWD
FWD
FWD
FWD
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