For sale: one Mitsubishi 380 sedan, $47,500

A 2008-model Mitsubishi 380 V6 sedan can normally be had for between $8000 and $12,000 – but one has appeared in the classifieds with an asking price more than four times that amount: $47,500 or near offer.

But it's no ordinary Mitsubishi 380, it's one of 20 limited edition models made towards the end of the car's production at the Tonsley Park factory in Adelaide.

It's a supercharged Mitsubishi 380 sedan made by Team Mitsubishi Ralliart. With just 87 demonstrator kilometres on the clock, it has never been registered.

It was the prize in a competition held by Frankston Mitsubishi in Melbourne – car buyers went into a draw with a chance to win the rare red sports sedan.

But the lucky winner, a tradesman with a young family, has more pressing financial needs and has asked Team Mitsubishi Ralliart, which engineered and built the vehicles, to handle the sale of the car.

"It's a very rare car as it was lucky it ever got built. The day we got the go-ahead to build the supercharged 380s was the day before Mitsubishi announced the Adelaide factory would shut down later that year," said TMR boss Alan Heaphy.

"This one is number 8 of 20. After he won it, the owner said he didn't want to drive it because he'd be tempted to keep it."

Heaphy said he knows of about half-a-dozen TMR 380s that are used as daily drivers, with the remainder stored away as collector pieces.

The last, regular Mitsubishi 380 ever built at Tonsley Park – a silver 'Platinum' model – was bought by a Mitsubishi dealer at an internal auction for $100,000 in April 2008.

The front-drive TMR 380 has a Sprintex supercharged 3.8-litre V6 (with 230kW of power and 442Nm of torque) matched to an automatic transmission.

It came with 19-inch wheels – including the spare – and performance brakes.

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