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The only real downside would be that resale would be truly horrible - much worse than it is now.
Parts availability will not be an issue; as long as there are cars on the road, Mitsu or a 3rd party will supply parts. I still see Deloreans, Renaults, and Daewoos on the road (although not every day) so we can infer that parts for other 'deceased' brands are still available; Mitsu would not be any different.
Really, Mitsu's financial issues, with the exception of impact on resale, shouldn't be a major factor in choosing to buy one of their vehicles.
I'm looking at a used car dealer in Holidaysburg, PA. Thye have several Endeavers, and I'm intersted in either a silver or blue 04 LS AWD. They are both priced at $15,995, plus T+T+L. Tye each have about 18k miles.
Your payment request got me thinking. $275/mo for 72 months @ 5.15% interest amounts to $16,836. Adding in 2k rebat and 3k trade, you'd have to agree to a price of $21,836, and that's not including taxes, title, and licensing. You'll have to get 7,664 from somewhere, either them upping your trade or coming down on price. What kind fo trade do you have?
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Dear Sir:
“I am giving you a phenomenal price on the 05 Endeavor XLS with a sunroof/coldzone package!! The MSRP on this vehicle is $32,394. Dealer Invoice is $30,480. I will sell for $28680 ($1800 under invoice) minus your $2000 manufacturer warranty. This would be $26,680 plus tax and tags of course!! This vehicle comes with standard side air bags, which would have to added on and 04, or 04.5. The 04, or 04.5 are very difficult to find, and you would end up having to go up in equipment, which is more $$, just to get the 04 or 04.5!!! The actual difference in price between model years is about $380. Obviously the rebate is $2000 different as well. We have black, titanium, dover white, silver, and steel blue all in stock and ready to go for this price!! Thanks and I look forward to doing business with you!”
Anyone in Chicago-land, I highly recommend Schaumburg Mitsubishi. Very professional and patient. No pushing sales tactics, no pressure.
How can you get this price - much lower than invoce? Where is the dealer?
Thanks.
Charles
Nick
"i have this as a break down for you on a base 2WD 2007 Endeavor: M.S.R.P.=$27,624
Invoice =$26,072.45 our price to you is $26,876 - $4,000 in rebates= $22,876 t T.&L....
How does that sound?"
so 22,876 plus ttl, is this a good deal? i'm expecting to get below invoice price on these slow selling endeavors? any thoughts?
We're interested in a buying an Endeavor or Outlander but we're noticing some weird things with the pricing. In Canada, the list price for a new 2007 base Endeavour (taken from Mitsubishi Canada's website) starts at $35,998. New 2007 Outlander starts at $25,498.
But when we look at autotrader.ca for all used 2007 Endeavors and Outlanders in BC the prices look odd. Used 2007 Endeavors with about 20,000 km are priced in the $25k - $28k range. Yet so are the used 2007 Outlanders. Any idea why the used Endeavors are so cheap? Is there some problem with them?
I heard a rumour that there are a bunch of used Toyota Highlanders floating around the used market and the reason they're cheap is because they've been used in the Alberta tar sands and have been driven VERY hard.
Any insight would be appreciated.
BTW, my loaded 2004 4WD top of the line Endeavorl has been a great vehicle. Now with 52K miles, only significant problem has been a whistling driveshaft repaired under warranty. This time in the exhaust heat shield was rattling, only the second problem, and fixed for $45. Recently, one set of brakes, one set of new Bridgestones, new floor mats. So amazing reliability. Our 2004 Toyota Sienna, comparably equipped top-of-line, has been in the shop repeatedly. Recently has broken seat heater element ($900 to fix!), broken rear window shade ($400 to fix!), howling run-flat tires ($1100 to replace for 15K life expectancy before they become too noisy to tolerate!), dislodged electric mirror control (the only cheap repair). A typical year's worth of bugaboos, but is now ex-warranty. Reminds me a bit of my old Mercedes S-class -- $2000 every six months to keep running.
Versus the 4WD Sienna, Endeavor rides better, handles much better, has more punch, is more reliable, has a better transmission (Sienna gets confused downshifting sometimes and lurches hard), better cruise control, better stereo, and is considerably more roomy in both seat rows (and is much roomier and more comfortable than all other SUVs except maybe big Fords which it matches). Only places it loses vs. Sienna are harder interior plastics and less refied V6. With the Sienna as second car, we have never needed the third row seat.
So Endeavor has been a geat value!
I test drove a used 2004 Mitsubishi Endeavor yesterday and I loved it, however after reading everyone's comments I'm thinking this is not the best choice. I have read about gas mileage, the best tires, various problems, and the article that says Mitsubishi will go under. Nevertheless, I'm still interested. What should I do?
http://editorial.autos.msn.com/article.aspx?cp-documentid=435706
or just click here
good luck and let us know what you decide to do
I am considering a better offer of $15,000 (with my 04 Endeavor trade in) for an 08 Endeavor AWD SE with all the options.
If you look hard and find a desperate dealer you can practically steal these cars!
The sales reps are nice, but the finance manager and President will try to sneak things in on your loan and do whatever they can to cheat you out of a dollar. I caught them in the act, and simply walked away from the deal. DISGUSTING EXPERIENCE