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94 Mitsubishi 3000gt Base Fwd Naturally Aspirated Rally Tuned W/ 2 Wheel Sets on 2040-cars

Year:1994 Mileage:216000 Color: panels have been removed for the same reason
Location:

Longmont, Colorado, United States

Longmont, Colorado, United States
Advertising:

This auction is for one Mitsubishi 3000gt fwd naturally aspirated base model that has been custom rally tuned by kinetic (their website is www.coloradomountainrally.com, more details and pictures are there)

A bit rough on the eyes, this one's got it where it counts! Fast and fuel efficient, its perfect for your dailly commute and weekend race/ rally events. Also included is a set of four studded snow tires mounted on 17" chrome rims. Use these in the winter or at your rally events. Most routine maintanence has been taken care of. Included with the car is a brand new water pump, timing belt, tensioners, hydrualic pulley, oil pump, and cam seals. I recomend you put these new parts in so the service manual is included, if you want to get to know the car better by doing it yourself. All the features on the car work and are ready to perform on your next cross country road trip. This car really lives up to the "Grand Touring" name!

You will notice some missing interior panels, these were removed to reduce weight. Unmodified the operating weight (with driver and full
gas tank) of this car was 3,480 pounds, that has now been brought down to just under 3,200 pounds. You can get even lighter for race day if you take out the
back seats and spare tire, which can be removed with a total of 4 bolts. Some exterior panels have been removed for the same reason. There are
numerous dents and scratches on the car and the paint is peeling on the front bumper. Perfect if you wanted to replace them with custom lightweight body panels anyways, or if you just plain don't care about anything except how fast it can go and how fun it is to drive. In all this one is a great performer and seems like it will
go to 300k (the car has about 216k on it now). Check out the extensive list of added parts (part price only, I won't list labor), this car is
practically free with a starting bid just under $1000 and no reserve!

So pay attention, here are the juicy details and quirks about this car. I am the fourth owner, I have all the documentation from all the previous owners. Its seriously like four inches thick of maintanence records, this car has been well taken car of since it left the lot in 1994. All the features work, AC is ice cold, cruise control is flawless. Some things don't work that well though. The low washer fluid light is on, even though the tank is full. The sunroof opens but not all the way. The reverse gear tends to fall out a lot. This is not Mitsubishi's fault. The transmission was rebuilt at Jacks Transmission, which is allegedly the best for this car. Well the consensus of professional mechanics is that the problem is indeed with Jacks, they screwed it up and have made a great effort not to own up to it. So it is a rebuilt tranny to above OE spec, new clutch, new pressure plate, new cables, etc. But it needs a new fork. The reverse works, just not very well.

Maintanence. So since 165k the car has new thermostat, radiator cap, battery, alternator, wires, spark plugs, ignition cables, transmission, shift cables, shifter, clutch, pressure plate, clutch line, slave cylinder, brake rotors front and back, brake pads front and back, brake lines front and back, front spindles, front calipers, tires, rims, swaybay endlinks front and back, rear swaybar, full coilover suspension front and back, steering rack, accessory drive belts, hid lamps, and fuel filter. all fluids have been flushed and replaced on schedule with premium lubricants. There are no leaks in any system. The car will burn about a quart of oil in 5,000 miles during the summer, adding about half a quart of lucas each oil change keeps this in check.

Gas mileage is about 27-31 mpg in most driving conditions. I have been driving through winters in this car since 2007 and been stuck in the snow twice. In all this car has been a dream come true and I am sad I won't get to see the odometer over 300k. It's okay though, I'm sure this car will shine for it's fifth owner! It's been such a great car, I will gladly deliver it at no additional charge anywhere south of Edmonton or North of Miami for any sucessful bid over $3,600. Otherwise, please come see me in Longmont, Colorado.

Specs:
D2 Rally Asphault Full Coilover suspension, adjustable front camber plates, -3" to +2" ride height adjustment, 11.5/7.1 spring rates $1100
Front upper strut bar and new front sway bar links $150
Rear custom sway bar, new endlinks and energy bushings $250
New transmission rebuilt by Jack's Transmission w/ higher performance components $900
Short throw shifter, new shift cables, new excedy clutch and excedy pressure plate, stainless steel clutch line $350
New General G-MAX AS tires and tracklite 17" rims $1100
Custom dual element intake, lightweight radiator fan $150
10.2mm silicon race wires, iridium pulse plugs $150

New alternator, upsized battery, new lower impedence positive and negative lead wires $350

4 studded General Artimax tires mounted on four 17" Italian Chrome rims >$500 (~7/32nds tread left, rims are scratched up)

That's over $5,000 of new parts that have been installed! (not including the sound system, of course. consider it a freebie!)

Auto Services in Colorado

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Stonum Automotive ★★★★★

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Auto blog

Mitsubishi pondering $2B share sale?

Sun, 15 Sep 2013

Mitsubishi 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.

Spectator killed in seventh stage of Dakar Rally

Tue, Jan 12 2016

Not surprisingly, tragedy has struck at the Dakar Rally this year. A vehicle hit a spectator in the seventh stage of the rally on Saturday, along the stretch between Uyuni, Bolivia, and Salta, Argentina. Running in 52nd place, the Mitsubishi Lancer driven by French contestant Lionel Baud hit a 63-year-old spectator. Emergency medical personnel responded to the accident, only to declare the man dead on the scene. This was the second time a competing vehicle collided with spectators in this year's event. During the Prologue stage a week ago, Guo Meiling drove her Mini into a crowd of spectators, injuring eleven – including a father and son who were hospitalized in critical condition. This is the first time, however, that a death occurred as part of the rally since 2013, when a support vehicle collided with two taxis in Peru and killed two. Though still in progress, this year's rally has been dominated thus far by the Peugeot team. All but the opening Prologue stage have been won by the French team, with Sebastien Loeb winning three out of six full stages run so far. His teammate Stephane Peterhansel has won another two, while Carlos Sainz won the tragic seventh stage on Saturday. Following Sunday's rest day, there remain another six stages before the rally concludes in Rosario on January 16.

Nissan officials answer to angry shareholders on red ink, Ghosn scandal

Mon, Jun 29 2020

Smoke engulfs the Nissan logo as workers burn tires during a protest in Barcelona, Spain, where the automaker is closing its plant, costing 3,000 direct jobs. (AP/Emilio Morenatti)     TOKYO — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts and new models showcasing electric-car and automated-driving technology. “We will tackle these challenges without compromise,” he said at a live-streamed meeting. “I promise to bring Nissan back on a growth track.” Executives for the company also blasted suggestions in media reports of a conspiracy within the company to oust Carlos Ghosn. The former chairman's 2018 arrest in Japan on financial misconduct charges has led to much speculation that the move was orchestrated by Nissan executives who opposed closer ties with partner Renault. “I know that in books and the media there has been talk about a conspiracy, but there are no facts whatsoever to support this,” Motoo Nagai, chairman of NissanÂ’s auditing committee, told shareholders at the companyÂ’s annual general meeting. Responding to demands from a shareholder to address the speculation, Nagai argued that the investigation into Ghosn was conducted both internally and by outside law firms. All the worldÂ’s automakers have been hurt by nose-diving sales caused by the coronavirus pandemic. But the problems are especially serious for Nissan, which already was fighting to salvage its reputation after the financial misconduct scandal of former star executive Ghosn. Nissan, based in Yokohama, Japan, sank into its first annual loss in 11 years, reporting a 671.2 billion yen ($6.3 billion) loss for the fiscal year that ended in March. It has not given a projection for this fiscal year, citing uncertainties over the virus outbreak. One angry shareholder got up and said executives should give up more of their pay since investors were getting zero dividends. Another said Nissan needed to do more to strengthen its governance, arguing things have been getting worse, not better, since the departure of Ghosn.