Depends how long u wanna use the car,
Renew COE car got no OMV value, and could give engine probs if it
was not well maintained. So u better calculate how long u wanna use
it and how much it will be at the end of it at scrap.
Usually pick manual cause it gives less problems, but that again is
related to how well it was last maintained.
Advantage of Lancers would be the parts I suppose, heard b4 that u
can get it repaired cheaper in m'sia but I'm not too sure on that.
I think the model u are talking about would be the one looking like
the evo 6, but I'm not too sure.
Theres quite a few things that can go wrong if u decide to get the
older cars, radiator, suspension, worn out gears etc, so make sure
u inspect properly b4 u commit.