Auction RecapSeptember 4, 2026

2002 Mitsubishi Montero sells for $8,511 on Cars & Bids — was it a deal?

automatichigh-mileagedaily-driver

The 2002 [Mitsubishi Montero](https://fridayswatchlist.com/search?make=Mitsubishi&model=Montero) Limited 4WD sold for $8,511, which is a deal considering the market conditions and comparable sales.

This Montero is a robust SUV that marries off-road capability with everyday comfort. It packs a 3.5L V6 engine churning out 200 horsepower, making it a solid choice for both daily commutes and weekend adventures. The Limited trim adds leather upholstery, heated power-adjustable front seats, and a decent Infinity sound system. With its spacious interior and rugged design, it appeals to families and those who appreciate versatility in their vehicles.

When it comes to pricing, this Montero’s sale price of $8,511 came in 2% below the fair value estimate of $8,700. Given the high mileage of 110,800 and the automatic transmission, this price is quite reasonable. The bidding action was intense, with 47 bids placed, indicating strong interest in this SUV. Buyers seem to be recognizing the Montero's potential as a reliable daily driver, especially when the service history shows recent maintenance, including a timing belt replacement.

The community was buzzing with mixed reactions. One keen observer noted, “I forgot to bid, that was a great buy,” which underscores the sentiment that many felt this vehicle was a steal at that price. Another comment highlighted the competitive nature of the auction landscape, with someone quipping, “No way this thing sold for more than the GX460 the other day... ha.” It’s clear that bidders are aware of other SUVs in the market and are savvy about their choices.

For buyers on the hunt for a similar vehicle, keep an eye on the condition of the rear differential and drive shaft. A community member pointed out potential future issues in that area, which is crucial for a high-mileage SUV like this. It’s essential to check for any signs of wear or maintenance needs that could add to your ownership costs down the line. Overall, this sale demonstrates that there's still value in well-maintained SUVs, especially those with a solid service history and capable performance.

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