1998 Mitsubishi Eclipse, No Reserve on 2040-cars
Orange, California, United States
PLEASE READ AD IN FULL PRIOR TO BIDDING!
TODO POSTOR NUEVO EN EBAY, O PRIMERA VEZ APOSTANDO, O POSTOR CON "0" INFORMACION, TENDRA QUE COMUNICARSE CON NUESTRA OFICINA Y DAR SU NOMBRE Y TELEFONO ANTES DE APOSTAR. SINO LA CONCECUENCIA SERA QUE LA APUESTA SERA CANCELADA! (714) 991-6044.
Up for auction is a 1998 Mitsubishi Eclipse that was recently donated to a national charitable foundation and is being sold with NO RESERVE. The vehicle is equipped with a 4cyl engine and automatic transmission. The odometer shows 98,671 miles. It’s fairly well equipped with most of the options. The seats are tan and damaged, although a good detail will make a huge difference. The exterior of the car is black and is showing signs of wear and is faded. It has a few door dings and scratches. The tires appear to HAVE ROUGHLY 40% road life left. Please refer to the photos included in this auction for more description details. This vehicle does NOT drive. ***DISTRIBUTOR NEEDS TO BE REPLACED*** ***SUNROOF DOES NOT WORK***
This vehicle comes with
a LIEN SALE PACKET Title and its Registration was valid
through 1/14. All taxes, fees,
and penalties due to the DMV, are the responsibility of the buyer. Disclaimer This vehicle was donated! Therefore we do not have ANY information regarding the history or condition of the vehicle other than what we can see. We do not perform any physical or mechanical inspections on the vehicle. No vehicles are test driven so we cannot vouch for any drivability nor condition of the motor or transmission unless it is evident when the vehicle is dropped off. We can only describe what is evident. There may be other problems with the vehicle which are not apparent, visible or known. We are not responsible for inaccurate or incomplete descriptions of the vehicle. We make every effort to photograph details, however, if something is missed or damage is not shown that is not our responsibility. The buyer has every opportunity to inspect the vehicle PRIOR to bidding. If you cannot inspect the vehicle prior to bidding then you are bidding at your own risk. Every vehicle is sold in “as is” and “where is” condition. Once the vehicle is paid for and leaves our lot there are NO REFUNDS and NO RECOURSE. Buyers may schedule an appointment to view any vehicle by calling (714) 991-6044.
· Deposit must be received within 24 hours of the end of the auction. Full payment is required within three (3) days of the end of the auction. · All auctions are subject to a doc fee as follows: o $75.00 for vehicle under $1,000 o $100.00 for vehicles over $1,000 and $50.00 for every $1,000 thereafter · Vehicles not paid for in full within three (3) days of end of auction will be subject to a penalty of $50.00 plus $20.00 PER DAY in storage fees (storage fees are not negotiable and must be paid prior to release of vehicle). · Vehicles not paid for within one week of end of auction will result in buyer’s privileges revoked and vehicle to be relisted on ebay.
We accept cash in person, credit card (Visa and MC only) and PayPal (up to $1,000.00) only. Cashier’s checks may be used for payment but vehicle will not be released until cashier’s check clears (up to three business days).
All cars are sold in AS IS and WHERE IS condition with all faults
– known and unknown, described or not described. Should there be ANY mechanical issues
discovered after the purchase of the vehicle there will be no recourse offered
by the Seller. The Buyer will be 100%
responsible for any problems discovered after the vehicle leaves the lot. Seller makes NO warranties as to the
condition of any vehicle. Descriptions
and photos contained herein may not be accurate and buyer is 100% responsible
for inspecting the vehicle prior to bidding.
NO REFUNDS will be given on any purchased vehicle under any
circumstances. ALL SALES ARE FINAL! Pick Up Location and Contact Information All winning bidders are responsible for picking up their vehicle(s) at our lot located at 928 E. Vermont Ave, Anaheim, CA 92805. Call our offices at (714) 991-6044 if you have any questions or wish to schedule an appointment to view a car.
· There is NO Buy It Now price so please do not ask. · We reserve the right to end any auction early for any reason. · We do not accept trades nor can you trade your vehicle for another vehicle we have listed on ebay. · We do not sell parts off any vehicle and vehicles will not be parted out. · DO NOT BID if you do not intend to complete the transaction. · CALL US if you have any questions PRIOR to bidding (714) 991-6044. · We reserve the right to block any bidder for any reason. · By placing a bid you acknowledge that you have read and understand and agree to the terms of this listing. · All vehicles are delivered at our location. Buyers are responsible for picking vehicles up or arranging their own transportation. · All sales are FINAL! |
Mitsubishi Eclipse for Sale
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Auto blog
Mitsubishi pondering $2B share sale?
Sun, 15 Sep 2013Mitsubishi makes the brilliantly fast, wonderfully fun Lancer Evolution. Outside of that road-going rally car, the rest of the range is pretty poor - the new Outlander isn't bad, but the subcompact Mirage looks like might've been competitive five years ago, while the Galant and Lancer have suffered from serial neglect.
This hasn't just lead to rumors of Mitsu's death in America; the subsidiary of the massive Mitsubishi Group has been in trouble at home, too. It was bailed out by three other Mitsubishi Group companies - Mitsubishi UFJ Financial, Mitsubishi Heavy Industries and Mitsubishi Corporation - between 2004 and 2005, according to Bloomberg. Now, it's attempting to extricate itself from "emergency mode," as analyst Koichi Sugimoto told the financial site, adding that "they're still in the very early stages of recovery."
As part of the bailout, Mitsubishi issued its three saviors billions of dollars of preferred shares, which don't have voting rights. The problem is, Mitsubishi hasn't issued dividend payments since 1998, and these stocks aren't exactly competing with Apple or Google, in terms of value. In other words, they're mostly worthless. With a public offering, Mitsubishi is expecting to raise 200 billion yen, or about $2 billion, in order to reduce the number of preferred shares. If all goes according to plan, it will wipe out preferred shares by March of 2014, or the end of fiscal year 2013.
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 previews 2014 Outlander and 2013 Outlander Sport Limited Edition
Thu, 15 Nov 2012We've seen the new Mitsubishi Outlander in European form a few times already, but the 'ute has yet to make its roaring debut in the States. That's soon to be rectified, as Mitsubishi has formally announced plans to show the US-sped 2014 Outlander at the upcoming LA Auto Show.
Mitsubishi promises that the 2014 Outlander will be "among the most fuel-efficient compact [crossovers] with seven-passenger seating as standard." In addition to its new aerodynamic bodywork, the 2014 Outlander will bring with it advanced tech like Forward Collision Mitigation, Lane Departure Warning and Adaptive Cruise Control, each with its own fancy sounding acronym.
Also on display will be a new Limited Edition of the 2013 Outlander Sport. Said to commemorate the brand's 30 years in America, the LE will boast blacked-out side mirrors, center bumper (whatever that means...), wheel arches and roof rails. Other tweaks include dark-chrome alloy wheels and the necessary badging. Interestinglu, Mitsubishi says it has fitted a new balance shaft to make the 2.0-liter four-cylinder engine a smoother operator.