Every Mitsubishi Montero for Sale on Craigslist - Market Report

I found every First Generation Mitsubishi Montero (1982 – 1991) in the country to create this handy reference for you.

How Much is the Gen 1 Mitsubishi Montero Worth?

The average asking price of a Gen 1 Mitsubishi Montero is $5,541 with the median at $5,598. This includes both Pajero and 2-door/4-door versions.

Below you will find an in-depth market analysis of the first generation Montero. 

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Vehicles Currently Available

Average Asking Price

Median Asking Price

Market Update: October 2020

The first generation Mitsubishi Montero (1982 -> 1991) has long been an enthusiast best-kept secret. Unfortunately, good examples of these gems are few and far between. We searched for all years of the first generation Montero from 1982 till 1991, but only found examples for sale from 1988 till 1991. A total of 9 examples are currently for sale nationwide on Craigslist. That being said there are really nice examples that have been well-loved. These copies have asking prices between $8,000 -> $11,000. But with some good negotiation and some luck, I’m pretty sure you could get about 10 to 20% off. 

As I mentioned, there was limited inventory, but I did my best to slice and dice the data available and hopefully, this will help in your either purchase or sales decision. If this was helpful, let me know by sending me a note on Instagram.

Does the Year of the Vehicle Affect the Price?

Nationwide data as of October 2020


Vehicles for Sale



1988 Mitsubishi Montero 1 $2,200 $2,200
1989 Mitsubishi Montero 3 $6,331 $7,995
1990 Mitsubishi Montero 4 $4,666 $3,200
1991 Mitsubishi Montero 2 $9,000 $9,000

Option Breakdown

Nationwide data as of October 2020


Vehicles for Sale

4-Doors 55.6%
6-Cylinder 77.8%
Automatic Transmission 62.5%

For the most part, you will find 4-door, 6-cylinder, automatic transmission gas vehicles. While automatic transmission is a potential weak point in the world of Overlanding, the great part is that the Montero was sold globally by the bucket full and most of those were manual transmission vehicles. Sourcing one of these will not be difficult and you can find one that’s been remanufactured by a pro.

While the first Generation Montero may not be on everyone’s radar at the moment, it should definitely be considered for anyone looking to get a 4WD vehicle with a lot of 80’s appeal, which is a budget-friendly vehicle with global appeal. Don’t take our word on it, be sure to check out the following videos I found on YouTube that go way more into detail about why the First Generation Montero is the perfect truck to pick up today.

What the Industry Says

I reached out to Jeff Glucker from Hooniverse who recently purchased a Montero and has been building it into his perfect vehicle. Jeff is an automotive enthusiast, a parent, and an automotive journalist. Hopefully, his perspective will help you in your search for the perfect Montero.

Be sure to head over to Hooniverse and check out Jeff’s blog series about his Montero build and his Youtube Mitsubishi Montero playlist.

Below are just a few of the questions I asked to Jeff, be sure to read our interview blog post where we go deep into Monteros. Many thanks to Jeff for helping me out with these questions.


Which is better Pajero or Montero?

So for the US market, we only have Montero. And the Pajero and Montero are essentially the same. It’s just different names for different markets. However, Pajeros, being in different markets, can have engine options we don’t get here, like the turbodiesels. But otherwise, they are essentially the same… like the Dodge Raider and Hyundai Galloper as well.

Is the Mitsubishi Montero reliable?

I think this engine would run ok if you filled the gas tank with piss and sand. And I imagine diesel versions in other markets are even better. This thing is a damn champion.

Is First Generation Montero a good car?

Depends on your needs. If you feel safe putting a child in it, which I do, then it certainly adds to the practicality. A modern anything would be smarter, but less fun. I think it’s a good car as long as you buy one in good shape so you can maintain its practicality.

Why was the Mitsubishi Montero discontinued?

Mitsubishi doesn’t really have a strong foothold here, so once it left the US market it had to succeed elsewhere. And it certainly did for some time, but the competition got better, people don’t need a capable 4WD as much as they once did, and time marches on.

Even More Resources

Youtube is a great source for Montero research. Here are a select few videos that I came across during my research. Be sure to check out the interview by Micah Muzio of Jeff Glucker and his 1991 Mitsubishi Montero.

Image Credit: RL GNZLZ