About the Mitsubishi RV8
Launched in 1997 and discontinued in 2003, the Mitsubishi RV8 (also known as the Space Gear in some markets) stands out with its retro-American styling and versatile interior configuration. Built on Mitsubishi's robust light commercial vehicle platform, it shares mechanical components with the L400 van, ensuring durability and straightforward maintenance. The RV8 came exclusively with a 2.4-litre GDI petrol engine producing 150bhp, paired with either a five-speed manual or four-speed automatic transmission. Standard equipment included air conditioning, electric windows, and a high driving position that provides excellent visibility.
The interior offers genuine seven-seat capacity with various seating configurations, making it popular with large families and camper van converters. Boot space is generous with the rear seats folded, and build quality is solid if somewhat utilitarian. While not as refined as modern MPVs, the RV8's simple mechanics and unique character have earned it a loyal following among enthusiasts who appreciate its practicality and distinctive looks.
What Affects the Price of a Used Mitsubishi RV8
Age is the primary price determinant, with later 2001-2003 models commanding premiums of £3,000-£5,000 over earlier examples. Mileage significantly impacts value - low-mileage examples under 60,000 miles can fetch £22,000+, while high-mileage vehicles over 120,000 miles typically sell for under £10,000. Automatic gearbox models generally command £1,000-£2,000 more than manual equivalents due to their rarity and desirability for family use.
Service history is crucial given the age of these vehicles, with fully documented maintenance adding £2,000-£3,000 to value. Condition of the interior, particularly seat fabric and dashboard plastics, affects price considerably as wear is common. Rust on the chassis, wheel arches and sills can devalue vehicles by £2,000-£4,000 or render them effectively worthless if structural. Converted camper van examples often command premium prices, sometimes exceeding £25,000 for professional conversions with pop-top roofs and full facilities.
Tips for Buying a Used Mitsubishi RV8
Thoroughly inspect the underside for rust, particularly on the chassis rails, cross-members and rear suspension mounting points - this is the most common reason for MOT failures. Check service history carefully, especially evidence of timing belt changes which should occur every 60,000 miles or five years. The GDI engine requires quality fuel and regular servicing; poorly maintained examples can suffer carbon buildup and expensive injector problems.
Test the automatic gearbox for smooth shifting without slipping or harsh engagement - rebuilds are costly at £1,500-£2,500. Examine all seven seats for wear and ensure they fold and slide correctly, as mechanisms can seize. Check for oil leaks around the valve cover gasket and sump, both common wear points. Verify that air conditioning works effectively as regas and compressor replacement can be expensive. Finally, budget for running costs - expect 22-25mpg in mixed driving and annual road tax of £325-£415 depending on registration date.