The third and final generation of the 3000GT arrived in 1997 with a significant facelift. It featured a more aggressive front bumper, new projector headlights, and a massive, high-rise rear spoiler often called the "combat wing." Production numbers dwindled in these final years, making the Series 3 cars, especially the VR-4, the rarest of the entire run.
The VR-4 model remains the most desirable, retaining its 320 hp twin-turbocharged 3.0L V6, 6-speed manual transmission, and advanced all-wheel drive system. These complex technologies, which were ahead of their time, are central to the car's appeal for collectors. Base and SL models offered front-wheel drive and a naturally aspirated V6, providing the same dramatic looks with simpler mechanicals.
The market for the Series 3 is strong, particularly for un-modified, low-mileage VR-4 examples. With an average sale price of nearly $30,000 and top sales exceeding $120,000, it's clear that enthusiasts value the rarity and final-form styling of the 1997-1999 cars. Lower-priced cars are almost always base models or projects needing significant work.
Buying Tips
- Ask for records of the 60,000 and 120,000-mile services. The timing belt on the 6G72 engine is critical, as it's an interference design.
- On VR-4 models, test the active aerodynamics. The motors for the front air dam and rear spoiler are known failure points and can be costly to fix.
- Check the ECU for leaking capacitors, a very common issue across all years. This can cause erratic engine behavior, and many have already been rebuilt or replaced.
- Inspect the transfer case on VR-4s for any signs of leaks or damage. It's a known weak point, especially on modified cars.
- Test all electronics. Features like the electronically controlled suspension (ECS) and all-wheel steering can be complex to diagnose and repair if they aren't working.
Prices range from $2,000 for non-turbo project cars to $121,999 for exceptional, low-mileage VR-4 examples.
477 Mitsubishi 3000GT Series 3 vehicles have been tracked across auctions and listings on Hypercars, with 166 currently live. Sold prices range from $1,500 to $123,456.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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