The second generation Mitsubishi 3000GT, launched for the 1994 model year, refined the original's design with new projector-beam headlights, a revised front bumper, and smoother side skirts. The biggest mechanical update came to the top-tier VR-4 model, which swapped its 5-speed manual for a new Getrag 6-speed transmission paired with its 320 horsepower twin-turbo V6. Base and SL models continued with their naturally aspirated engines, but the styling updates kept the entire lineup looking fresh.
Collectors are primarily drawn to the VR-4 for its impressive list of 90s technology, including all-wheel drive, four-wheel steering, active aerodynamics, and an electronically controlled suspension. These features made it a direct competitor to cars like the Toyota Supra Turbo and Nissan 300ZX Twin Turbo. While complex, a fully-functional VR-4 is a prime example of Japan's technological ambition during the bubble era.
The market for the 3000GT Series 2 is broad. The average sale price sits around $24,000, making it an accessible entry point into 90s Japanese sports cars. However, this average is pulled up by exceptional, low-mileage VR-4 models, which can sell for close to $50,000. Less desirable base, SL, and automatic-equipped cars often trade for under $15,000, representing a significant value.
Buying Tips
- Verify the operation of the active aero system; the motors for the front air dam and rear spoiler are common failure points.
- Ask for records of the 60k/120k mile service, which includes the timing belt, water pump, and tensioner. Engine failure is likely if this service is skipped.
- On VR-4 models, check the Getrag 6-speed transmission for smooth shifting and listen for any whining from the transfer case, as its seals are known to leak.
- Test all electronics, including the digital climate control screen and the Electronically Controlled Suspension (ECS), as repairs can be difficult and expensive.
- Check for rust in the rear wheel wells and around the fuel filler door, which are common areas for corrosion.
Prices range from around $4,750 for project cars to over $49,000 for pristine, low-mileage VR-4 examples.
1,233 Mitsubishi 3000GT Series 2 vehicles have been tracked across auctions and listings on Hypercars, with 490 currently live. Sold prices range from $999 to $1,234,567.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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