Uncovering the 1995 Mitsubishi Lancer Evo III: Common Problems, Ownership Costs, and Buying Tips

Uncovering the 1995 Mitsubishi Lancer Evo III: Common Problems, Ownership Costs, and Buying Tips

The 1995 Mitsubishi Lancer Evolution III, affectionately known as the "Evo III," is a rally-bred icon in the world of performance sedans. With a 2.0L turbocharged engine and a reputation for excellent handling and driving dynamics, the Evo III remains a sought-after classic. However, as with any aging performance car, it comes with its fair share of issues. If you're considering buying one, or already own one, it's essential to be aware of common problems and the costs associated with keeping an Evo III in top shape.


Common Problems with the 1995 Mitsubishi Lancer Evo III

  1. Turbocharger Wear and Failures

    The Evo III’s TD05 turbocharger was well-regarded for its boost capabilities, but after decades of use, turbo wear is a common issue. Symptoms include noticeable power loss, strange whistling or whining sounds, and excessive smoke from the exhaust under hard acceleration. Turbo replacements or rebuilds are often necessary, especially if the car was driven hard or improperly maintained.

  2. Weak Transmission and Gearbox Issues

    The Evo III came with a 5-speed manual transmission that, while robust for its time, can struggle with wear and tear, especially when paired with a high-torque, turbocharged engine. Common issues include gear synchro wear, making shifts difficult or even causing grinding noises between gears. Hard launches and aggressive driving only exacerbate the problem, potentially requiring gearbox rebuilds, which can be expensive.

  3. Crankwalk

    Known as a notorious issue with many Mitsubishi engines, crankwalk is a condition where the crankshaft moves excessively within the engine block, often causing clutch engagement issues and leading to catastrophic engine failure if not addressed. Early symptoms might include inconsistent clutch pedal feel, unusual engine noises, and engine misfires. Replacing the thrust bearings is often necessary, though severe cases may require a full engine rebuild.

  4. Overheating Problems

    Due to its turbocharged nature and compact engine bay, the Evo III is prone to overheating. Older cooling components, such as radiators and thermostats, often deteriorate over time, leading to coolant leaks or reduced coolant flow. This can cause severe overheating if left unchecked. Additionally, the car’s intercooler piping and hoses may become brittle and crack over time, further impacting engine temperatures. Regular inspection of the cooling system is vital to avoid costly repairs.

  5. Suspension Wear and Handling Issues

    The Evo III’s rally-inspired suspension setup provides exceptional handling but can wear out quickly, especially if the car has been used aggressively on rough terrain or track days. Common symptoms of suspension wear include creaking noises, poor handling, uneven tire wear, and even steering issues. Original suspension bushings tend to degrade, and shocks and struts may need to be replaced. Upgraded aftermarket options are available but can be costly.

  6. Rust and Corrosion

    Japanese cars from the 1990s, including the Evo III, are particularly susceptible to rust. Common areas affected include the wheel arches, undercarriage, door sills, and rear quarters. Rust can significantly reduce the car’s structural integrity and is often a sign of neglect. When buying an Evo III, inspect these areas thoroughly to avoid costly bodywork repairs down the road.

  7. Electrical Issues

    The Evo III’s electrical system, though relatively simple by modern standards, is still prone to faults over time. Issues often include failing sensors, worn wiring, and malfunctioning ECUs. One of the most common electrical issues in the Evo III is with the alternator, which may fail due to old age and high electrical demands. Keeping the battery in good shape and checking electrical connections periodically can help mitigate these problems.


Buying Tips: What to Look for in a 1995 Mitsubishi Lancer Evo III

  • Service History: A well-maintained Evo III with a documented service history is always preferable. Look for records of any recent work on the engine, turbo, and suspension.
  • Rust Inspection: Examine all common rust-prone areas like the wheel arches, undercarriage, and door sills. Any signs of rust could indicate more extensive structural issues.
  • Engine Health: Listen for unusual noises from the turbocharger and crankshaft area. Crankwalk issues can be hard to detect, so a thorough inspection by a Mitsubishi specialist is recommended.
  • Test the Transmission: Check for smooth gear shifts. Grinding or difficulty shifting may signal transmission or synchro wear.
  • Cooling System: Ensure the radiator and hoses are in good condition. Overheating issues are common, and failing to address them can lead to serious engine damage.

Cost of Ownership: Is it Expensive to Own an Evo III?

Owning an Evo III can be rewarding, but it’s not for the faint of heart when it comes to maintenance costs. Here’s a general breakdown:

  • Maintenance and Repairs: Routine maintenance like oil changes and filters are affordable, but the cost rises significantly if you need to address turbo or transmission issues. Crankwalk repairs, for example, can cost a few thousand dollars if engine rebuilding is required.
  • Parts Availability: Since the Evo III was never officially sold in many countries, sourcing genuine parts may be challenging and expensive, especially for engine components, turbos, and transmission parts. Aftermarket parts are available but can vary widely in price and quality.
  • Fuel Consumption: The Evo III isn’t particularly fuel-efficient due to its turbocharged engine, so expect high fuel costs, especially if you drive it hard.
  • Insurance: Insuring an Evo III as a classic performance car might be costly, particularly for younger drivers or those in high-risk areas. Specialized insurance providers may offer better rates for classic cars, so it’s worth shopping around.

Conclusion

The 1995 Mitsubishi Lancer Evo III is a beloved classic for car enthusiasts, known for its potent performance and rally heritage. However, owning an Evo III requires dedication and a willingness to stay on top of maintenance. From turbo issues and crankwalk to potential rust and electrical problems, the Evo III demands regular upkeep to preserve its performance and reliability.

Whether you’re an Evo aficionado or simply drawn to the car’s allure, knowing its common issues can help you make a smart purchasing decision and enjoy the thrill of driving this icon for years to come.

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