2003 Mitsubishi Lancer Os Rally Edition For Sale, Great Condition on 2040-cars
Los Angeles, California, United States
For Sale: 2003 Mitsubishi Lancer Rally Edition. Very well taken care of, has never been in an accident, and has had the following repairs done within the past 3 months to prepare for the sale:
New Front Tires New Brakes/Brake Pads New Brake Rotors New Front Struts New Steering Rod Transmission Flushed Has some minor dents from a hail storm on the front hood and a couple scratches, but all cosmetic. The only issue I did not fix is the sunroof; it is stuck in the closed and sealed position. I am the second owner, and I purchased the car in 2008 with 90,000 miles on it. The current odometer reads at 182,850 miles. Has a custom stereo deck with an audio cable so you can listen to music through your MP3 player or cell phone. The blue book value on this car is $2,900, but I took $300 off the price due to the sunroof. |
Mitsubishi Evolution for Sale
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Auto Services in California
Yuba City Toyota Lincoln-Mercury ★★★★★
World Auto Body Inc ★★★★★
Wilson Way Glass ★★★★★
Willie`s Tires & Alignment ★★★★★
Wholesale Import Parts ★★★★★
Wheel Works ★★★★★
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.
Toyota, Honda, Nissan and more collaborating to increase fuel efficiency
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The newly assembled Research Association of Automotive Internal Combustion Engines put the roughly $20-million project together, with the Japanese government committing to half the cost while the eight manufacturers will chip in the rest.
According to Automotive News, the automakers will team up and share basic research on internal-combustion engines in a bid to cut costs. Eventually, the results of the research will find its way into a production vehicle, although it's unclear just when we'll see the fruits of this partnership on the road.
2014 Mitsubishi Lancer to shrink
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"The new Lancer will be a very new car, and will be sized somewhere between the current model and its predecessor," Masuko-san told The Motor Report.
There are both pros and cons to this decision. On the plus side, a smaller car means the Lancer will likely have a weight advantage over other vehicles in its class. That said, Mitsubishi will need to find ways to maximize interior space and create efficient packaging in order to still have its compact sedan remain competitive with strong offerings like the Hyundai Elantra, Chevrolet Cruze, Ford Focus and so on.