The L300 came in a 2WD FR layout and 4WD version. The 4WD version was a first generation Mitsubishi Pajero chassis with a van body.
Since 1986 the L300 has gone though just one generation, keeping the same design with updates on part of the interior and frontal exterior only, as well as a few new features.
The van is available in diesel and petrol, but diesel has been far more popular. The same engines have remained since 1986, but with a few new variations with the petrol engines.
Diesel engines are available in 2.0L and the bigger sized engine, 58kW (78hp) 2.5L (codenamed the 4D56), which was also available in the turbo engine producing 68kW (codenamed the 4D56T).
The L300 is available in the Philippines in truck, PET (people, equipment transport), AUV and passenger van configurations. All are fitted with the 4D56 normally aspirated engine and 5 speed manual transmission. The AUV variant is available with or without air conditioning, optional floor mats, vinyl seats and new interior body paneling and white exterior color only. In Canada, the L300 Delica 4WD is very popular with rural off-roaders and skiing enthusiasts.