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Tom
I still love it and plan on keeping it for a few more years.
"Mitsubishi finally found it's white knight... but the price for saving the money-losing Japanese automaker is step, as the 11,000 of the company's employees will lose their job in the impending restructuring......"one of the company's top executives described the bail out as the "last chance" by the company, which is mired in more than $9 billion in debt, after it posted its second largest loss on record during the fiscal year that ended March 31st.....
"This is the last chance for Mitsubishi Motors to survive as an automaker," said Yoichiro Okazaki, the carmakers chairman and Chief executive officier at a press conference in Tokyo. "This will be the last funding for Mitsubishi Motors from the Mitsubishi group," Kazuo Tsukuda, president of Mitsubishi Heavy, (equipment) told shareholders at a press conference after the car makers revival plan was presented. The Mitsubishi group, one of Japan's largest and oldest business networks which includes companies in a wide variety of sectors, put up roughly three-quarters of the more than $4 billion needed to help Mitsubishi Motors restructure."
I personally hope that they take the actions needed to save the company. A redesign of the exterior of the new Galant is needed imediately. The Eclipse needs to be redone as well. And how about a crossover vehicle???
My gallant is maroon color,69k miles and dirty inside and blemishes outside,but mind you,it runs well with 4 new tires,strong airconditioning,also i bot it from the dealer/
I saw a 2003 floor model blue es sitting in the lot and here is their offer-
14812 with trade in (they said they are giving me 2k for my car),14812 is the grandtotal including taz,license and 4k rebates.
Now is this an insult or what??
soon 2005 models will be in the showroom??
let me hear from you guys!
I counter offered 8k,they called me back and said their new number is close.
i have not called back yet,i am in no hurry.
I input the car as a used model with 500 miles,clean condition(as it is 18 months old sitting on the lot and being test driven).the system spits out the following-
dealer retail price -11,709
adjusted for region and color 732,tax and license 176,rebate 4000,so the net is 8617.
take tradin of 2k,now the net is 6617.
okay,opinion may differ,but this is not a new new car anymore.
See i would like to know how do you appraise floor model which is past year model and driven around by customers and sitting on an open lot>>
(the color is blue,i am in houston)
true,the 2003 floor model is never titled and is new,not used.
But i got the numbers from edmunds.com-used car pricing and it spitted out the 4k rebates,so edmunds seems to know this car with low mileage and clean deserves a rebate of 4k.
just thought you guys want to know.
Mileage on that car is under 1000 miles
so it is possible they came back and completed the deal.
anyway ,the salesman lowered the price to 14000 round number.
what i dont understand is that when i plug all that data into edmund.com used car pricing,it said 11709 base and then it knows there is a 4k rebate.so edmund is pricing it as a new car with rebate.
I think edmunds is right,you cannot call a 2003 car a new car.
They have another one -2003 floor model but it is an LS and is black,anyone in houston??go take a look,they want more money,4k rebate apply to that one too.
THE ISSUE HERE IS -IS THIS A NEW CAR ?? IS A 2003 FLOOR MODEL A NEW CAR ,THIS IS JUNE 2004.
~alpha
1)Wait out the "new '03" until later in the month
2) Buy a slightly used one
3) Keep what you have
Let us know what you decide.
Please remember, Edmunds, Kelley Blue Book, NADA used car guides are all just that -guides.
If the dealer purchased this car new-he in all likelihood has more in it than your offer. Here in Southern California they are "asking" 13K for '03 former rentals. You have to be crazy to pay that-but this is what they "ask".
if 14k is the best dealer can do with tradein of 2k and rebate of 4k on a 2003 floor model,how many people want a 2003 model if they can spring 14k??
why not go for 2004,soon 2005 models will arrive and those 2004 models will have rebates too??
dont forget the minute you drive the new car off the dealer lot,it lost some of its value.
if i bot the car now,in 5 months,2005 model will arrive and people will look at my car as an 2 years old used car even though i may not have more than 1000 miles .
i have always been under the impression mitsubishi car prices are better than hyundai prices,but they are not firm.
this is the first time i hear someone prefer an '03 over an '04 gallant.
i think sales has dropped is due to -less advertising,remember the '000 ' program they blasted us with.
due to too many repossesssed mitsubishi flooding the used car market due to past '000' program.
the bad publicity surrounding mitsubishi company.
and i suspect some mitsu owners have moved on to honda or toyota.
I for one,will be considering a Honda once this old '97 gallant of mine conks out.
Dealers are crooks,the one i dealt with lie and lie,he thinks it is funny but it is not.
But when the price gets up there in the 18k plus range,one cannot help but look at other company models!!
what is the problem with my car,if i keep it in my garage for days,i have problem starting the car.
after a few turns,the airconditioning and radio will be on ,but not the engine.
after a few more tries,then the engine will turn over.
The dealer service dept cant duplicate the problem,they think it is the starter.
since they cant find the problem,they suggest a tuneup so they can earn their pay.
if the problem is the starter,wont that be just click and click and go nowhere??so far it will start after few tries.
any insight is appreciated.
may be i should buy that 2003 floor model???
~alpha
But could 2004 Galant's airbags be next? I'd say there should have been sufficient force to cause this kind of damage from both ends AND deploy the airbags but they obviously didn't...
The person survived BTW.
Check out the pix here:
http://www.justmojazz.photosite.com/album2/Chapter1/
Without significant evidence linking corporate corruption to safety concerns, Id say you should probably stop propogating unconfirmed information. No need to unnecessarily alarm people.
~alpha
As a previous 1989 Galant owner I couldn't agree with you more on your assessment of the '04 Galant. There is too much plastic on the inside; one must step up to to high-end model to eliminate that. It is ugly. I don't see this as a type of car in a parking lot/garage that I turn around to look at its beauty.
Many important facets go into marketing a car successfully. Some people say reliability, resale value, how much does the car depreciate, what extra comfort features are included. What is the market segment Mitsu trying to reach.
Mitsu has failed badly with that ugly front & rear end. It not enough to put a car out on the market; ANY car company can do that. You must continue to raise the bar not only in quality but the options offered to demanding consumers. Recently, Mitsu had numerous quality control problems and has been trying to cover up "recall" issues on their cars. This was evident in USA today and the CEO resigning over this. He admitted to this. This doesn't leave a sense of a high quality car brand; Nor does the poor depreciation & low resale value on their cars. They have no direction on marketing their cars and who to appeal to. The minor difference in vrooooommm (HP) is also not enough to make me want to buy a Galant over say a Honda, Toyota, Nissan. According to J.D. Powers even Hyundai's quality has risen so much that on some vehicles, they have surpassed a couple of Toyota cars. Build higher quality cars, ensure good resale, nice exterior designs with clean interiors and I might come back.
if you just drive and drive it till you cant drive it no more,what do you care about resale value.
i have a 97 mitsu gallant es with 69,000 miles and it runs fine after a recent tuneup,i dont care for the color and the inside is dirty,but thats life!!
i will hold on to it for 1-2 more years and then get a new car,it wont be a mitsubishi,i will be either a hyundai or toyota or a honda.
I would rather pay more for a new car with a higher resale value than a new car with NO resale value.
ANS: The ignition is lighted, however, I do not believe the glovebox is. The map lights have a separate switch in front. They are kinda cheap in my view.
Are the fog lamps standard on the ES?
ANS: YES
How's the standard 140 watt stereo sound and are there 4 or 6 speakers?
ANS: The radio has 4 speakers. It is not a great radio.
How comfortable is the driver's seat and is it adjustable enough?
ANS: The drivers seat is OK. I had better, and worse. It does adjust.
What fuel economy are you guys averaging in the city and highway?
ANS: I am in sales and do alot of driving. The car averages between 21 and 25mpg depending on the hwy./city mix.
Do you find the ride comfortable yet firm enough to be a little sporty? Is the car quiet on the highway?
ANS: The car is VERY QUIET on the highway. It's not a sports car. The ride is definitely tuned towards comfort. There is alot of "aftermarket parts" for these cars. If you want to spend a $1,000.00 dollars you can get it to handle better!
You may want to check out the OWNERS REVIEWS on the MSN auto site for the 2002 & 2003 model year.
Please note that there are few problems with the 03's.
I have 20K on mine with no issues......
~alpha
Chuck1, thanks for the info!
BTW, guess who was number 1???????
read prior threads,i was offered an 03 ES gallant (blue) floor model-
after trade in of my 97 gallant ES (which they value at 1500-2000)
a 4k rebate
everything included which means tax,fee etc
a GRAND TOTAL OF 14K
and i turned it down.
Now i cant start my 97 gallant,what is wrong??
the dealer mechanic cant find the problem??
At the worst, they'll be bought out by someone else.
-----------------------
www.TheGalantCenter.net
i hope you are not close to retirement,what should soon to be retirees do with their leased car??
if i understand what you said,you have an '01 gallant es with 7 months to go and 12,000 worth of payments to make??and the dealer is going to buy it at 8200 and for that ,you will take over a '04 GTS for 23,760(everything included).
so 23,760= 8200 (your car)+ new car +tax + fee.
In my case,i was offered the following-
14,000 = 2000 (my 97 ES) + 2003 FLOOR MODEL ES + TAX+ FEE.
THE 2003 model also has a 4k rebates.
I know in my case,the dealer would just sent my car to the auction.
In your case,they will sell yours for 10-12k.
how much is your old car worth??