2008 Mitz Lancer Gts Carfax Certified 1-owner W/service Records Manual Trans on 2040-cars
Jersey City, New Jersey, United States
Engine:2.0L 1998CC 122Cu. In. l4 GAS DOHC Naturally Aspirated
For Sale By:Dealer
Body Type:Sedan
Transmission:Manual
Fuel Type:GAS
Make: Mitsubishi
Options: Sunroof, Compact Disc
Model: Lancer
Safety Features: Anti-Lock Brakes, Driver Side Airbag
Trim: GTS Sedan 4-Door
Power Options: Air Conditioning, Cruise Control, Power Windows
Drive Type: FWD
Doors: 4 doors
Mileage: 114,389
Engine Description: 2.0L L4 FI DOHC 16V
Sub Model: GTS
Number of Doors: 4
Exterior Color: Silver
Interior Color: Black
Number of Cylinders: 4
Warranty: Vehicle does NOT have an existing warranty
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Auto Services in New Jersey
World Class Collision ★★★★★
Warren Wylie & Sons ★★★★★
W & W Auto Body ★★★★★
Union Volkswagen ★★★★★
T`s & Son Auto Repair ★★★★★
South Shore Towing ★★★★★
Auto blog
Subprime financing on the rise in new car sales, leasing too
Fri, 07 Dec 2012We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.
Mitsubishi's all-electric Pikes Peak challengers are in it to win it
Sun, 30 Jun 2013With a second-place finish already in the books from 2012, there's only one thing on the minds of Mitsubishi drivers Hiroshi Masuoka and Greg Tracy: winning. As the presenting sponsor for the 2013 Pikes Peak International Hill Climb, there's no doubt the Japanese manufacturer is hoping for a good showing this year, and the video you'll see below explains how Mitsubishi changed things this year to help ensure a win... basically, more power and more downforce.
Winning in 2013 certainly won't be easy. With competitors that include Nobuhiro "Monster" Tajima and Rod Millen, who's driving for Toyota, winners in 2012 in the Electric class. Our own Jonathon Ramsey sat down and spoke with the boys from Mitsubishi, and found that, if not for the over-the-top presence from Peugeot, the the all-electric MiEV Evolution II (which may be a sort of test-bed for potential Lancer Evolution-of-the-future components) may even be capable of challenging for the overall victory.
Their target: nine minutes and thirty seconds. We'll see how close they get later this afternoon. Scroll down below to watch the video.
Mitsubishi scores record global operating profits
Thu, 24 Apr 2014In the minds of many auto enthusiasts, Mitsubishi has become an afterthought. It has transformed from a company known for its turbocharged, all-wheel-drive rally machines into an automaker with a very boring lineup. Maybe we are being unfair, though. While the company doesn't have much of a performance presence anymore, the Japanese brand is doing quite well financially.
According to Reuters, Mitsubishi Motors had an operating profit of 123.4 billion yen ($1.2 billion) worldwide for the fiscal year that ended in March. That's twice as much as last year and a new all-time record for the Japanese automaker. It's even paying dividends to investors for the first time in 16 years, and its expected profit of 135 billion yen ($1.3 billion) in the new fiscal year matches a goal it had set for itself to achieve two years from now.
The automaker currently focuses much of its efforts on Southeast Asia, which accounts for about a quarter of its sales. It will put even greater attention there in the coming years with more local production, according to Reuters.