Find or Sell Used Cars, Trucks, and SUVs in USA

2005 Mitsubishi Lancer Evolution on 2040-cars

US $32,000.00
Year:2005 Mileage:149000 Color: Yellow
Location:

Lansing, Michigan, United States

Lansing, Michigan, United States
Transmission:Manual
Fuel Type:Gasoline
For Sale By:Private Seller
Vehicle Title:Clean
Engine:2.0L Gas I4
Seller Notes: “This car runs and drives very well, was garaged for over 3/4 of its life, and lightly used for several years. It has also been driven in snow and salty conditions and used in recent years as a daily driver. It has never been raced, but has been a blast to drive in all situations. I reluctantly sell at this time due to expanding family and upcoming wedding plans. This car is priced in consideration of its rarity, popularity, and condition as well as the current market. I expect there to be willing buyers at this asking price, but I am willing to consider other reasonable offersBUYER PAYS FOR SHIPPING OR PICKUP LOCALLY. Inspection and test drive locally.” Read Less
Year: 2005
VIN (Vehicle Identification Number): JA3AH86D15U027339
Mileage: 149000
Trim: EVOLUTION
Number of Cylinders: 4
Make: Mitsubishi
Drive Type: AWD
Model: Lancer
Exterior Color: Yellow
Condition: UsedA vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. See all condition definitions

Auto Services in Michigan

Zaharion Automotive ★★★★★

Auto Repair & Service, Brake Repair, Tire Changing Equipment
Address: 13111 Beadle Lake Rd, Climax
Phone: (269) 979-8500

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New Car Dealers, Trailers-Automobile Utility, Trailer Equipment & Parts
Address: 112 S Huron Rd, Bay-City
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New Car Dealers, Trucks-Industrial
Address: 5195 E River Rd, Lake-Isabella
Phone: (989) 779-0733

Valvoline Instant Oil Change ★★★★★

Auto Repair & Service, Auto Oil & Lube, Automotive Tune Up Service
Address: 1424 E M 89, Otsego
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Urka Auto Center ★★★★★

Auto Repair & Service, New Car Dealers, Automobile Body Repairing & Painting
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Auto blog

Mitsubishi hopes to raise $2.5B with stock sale

Wed, 22 Jan 2014

Mitsubishi, which dates all the way back to 1870, is one of the oldest business collectives in Japan. Today, the various businesses that share the Mitsubishi name are largely independent of each other. The automotive unit, however, has fallen on hard times over the past few years.
Back in 2004 and 2005, Mitsubishi Motors sold billions of preferred shares to sister companies like Mitsubishi UFJ Financial Group, Mitsubishi Heavy Industries and Mitsubishi Corp. Now the automaker is preparing to buy back those shares, only to raise the capital, it's selling $2.5 billion worth of shares, simultaneously paying stock dividends for the first time in over 16 years.
The stock issue will reportedly include as many as 241 million shares at a value of $10.73 each. The move is part of a long-term reorganization being implemented by the automaker's president Osamu Masuko, and is expected to help the company double its net income and eliminate all outstanding preferred shares by the end of the fiscal year closing in March.

Honda, Mazda, Mitsubishi, Mercedes also under diesel emissions scrutiny

Sat, Oct 10 2015

The controversy over Volkswagen's diesel emissions scandal isn't limited to the US. In Europe, where diesel engines are far more popular, the issue is shining a harsh light on the NEDC emissions test. As already known, the evaluation does a poor job of reflecting real-world production of NOx, and it appears a significant number of automakers are affected. The Guardian in the UK has been reporting on real-world test results from a company called Emissions Analytics. After the latest round of checks, vehicles from Mercedes-Benz, Honda, Mazda and Mitsubishi were found to generate far more NOx than they should. The newspaper also published similar results for Renault, Nissan, Hyundai, Fiat, Volvo, Jeep, Citroen, VW, and Audi. On average, the figures are about four times over the limit of producing the pollutant. Unlike VW and its defeat device, these automakers aren't actually breaking the rules. The vehicles perform up to the NEDC lab test for emissions, but those results simply aren't translated to the street. "The VW issue in the US was purely the trigger which threw light on a slightly different problem in the EU - widespread legal over-emissions," Nick Molden from Emissions Analytics said to The Guardian. A big fight to decide the future of this issue appears to be on the horizon. Automakers claim that they can't meet the next round of tightening emissions regulations and are asking for compromises. Although, spokespeople for Mercedes and Honda told The Guardian that the brands would be in favor of the stricter rules. Meanwhile, some European governments began backtracking their support of diesels well before this scandal came to light. The added scrutiny certain hasn't helped the future of the oil-burner. Related Video:

Subprime financing on the rise in new car sales, leasing too

Fri, 07 Dec 2012

We 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.