1998 Mitsubishi Eclipse on 2040-cars
Lake Wales, Florida, United States
Vehicle Title:Clear
Engine:2.0L 1997CC 122Cu. In. l4 GAS DOHC Naturally Aspirated
For Sale By:Private Seller
Interior Color: Black
Make: Mitsubishi
Number of Cylinders: 4
Model: Eclipse
Trim: GS Hatchback 2-Door
Options: Sunroof, CD Player
Drive Type: FWD
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Mileage: 124,984
Exterior Color: Red
lots of extras: Performance Clutch Kit, 4 Wheel Camber Kit, Motegi 19" rims, Bomex Body Kit, Python Alarm with remote keyless entry, Aluminum Spoiler, Skunk 2 Coil-overs, Neon red under body kit, Tokico HP Shocks, Performance Polyurethane Bushings for front and rear control arms, K&N Intake, Magnaflow Muffler, Sparco Torino seats in red with 4 point harness, B&M Short Shifter, Pioneer stereo with Rockford fosgate amp and 2-10" Pioneer Sub-Woofers.
Original Paint Job is Custom Kandy Apple Red with a Ferrari Red base and Custom Airbrushed Flames in Platinum and Gold Pearl. This was a FULL show paint job including engine well and parts of the interior. Paint is fading on roof and there are some cracks on the sides on body kit.
It has 125k on odometer and engine has 70k on it as first owner did an engine swap. it is not a turbo. Engine does have a oil leak somewhere underneath and I am not sure where it is coming from.
It has been my daily driver for about a year, about 7 miles round trip to work, but I have recently changed jobs and need something a little more fuel efficient as I now have a 80 mile round trip.
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Auto Services in Florida
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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.
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