I looked at this car for three years before I bought one in 1991. I had owned a Colt. I have had the transmission rebuilt at about 170,000 miles, and the vehicle will turn 290,000 miles next week. My only other costs have been routine. The radio and tape player still work. The air conditioner is still great with regular maintenance. I may drive to the dealership when I hit 300,000 just to treat the salesman.
Aside from a rebuilt transfer case (which Mitsubishi paid for even though the car, at the time, was 15 years old and had 140,000 miles on it) the car has been great. Probably the most fun car I have driven. Even now with 200,000 miles on it - and I think the past owner was rough on it - it is great to drive. The car was way ahead of its time. It handles well (with 4 wheel steering), great traction (with AWD), good gearbox.
Goes around corners like it was on rails.
Fuel economy is not great. Revs about 3000 rpm at 75 - really needed a 6th gear.
A solid, well built car which is comfortable. The LS with automatic transmission is has terrible acceleration. For reasons only known to Mitsubishi they have an overdrive switch and a power/economy switch. Possibly the overdrive is good on freeway driving but mileage is below 18 mpg in town whatever mode used. Do not buy an automatic! Otherwise car is good at handling, easy to drive, lot of room and comportable. Why they bother with fuel injection I do not know.
Good layout, built very well, good handling, great sound system
Improved acceleration, improved gas mileage, better gear box
This has been a great car - always fun to drive. Enjoyed especially the turbo charged engine, manual transmission, a fine CD/audio system, the AWD. Low miles due to working lots out of town - do not even consider replacement as it would cost a huge amount to get a car of this quality in today's market. I don't expect to ever have another such super car; it's a shame they only marketed the VR-4 turbos in 1991 (2000 of them) and in 1992.