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.
Mitsubishi Eclipse for Sale
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Auto blog
Mitsubishi scores record global operating profits
Thu, 24 Apr 2014In the minds of many auto enthusiasts, Mitsubishi has become an afterthought. It has transformed from a company known for its turbocharged, all-wheel-drive rally machines into an automaker with a very boring lineup. Maybe we are being unfair, though. While the company doesn't have much of a performance presence anymore, the Japanese brand is doing quite well financially.
According to Reuters, Mitsubishi Motors had an operating profit of 123.4 billion yen ($1.2 billion) worldwide for the fiscal year that ended in March. That's twice as much as last year and a new all-time record for the Japanese automaker. It's even paying dividends to investors for the first time in 16 years, and its expected profit of 135 billion yen ($1.3 billion) in the new fiscal year matches a goal it had set for itself to achieve two years from now.
The automaker currently focuses much of its efforts on Southeast Asia, which accounts for about a quarter of its sales. It will put even greater attention there in the coming years with more local production, according to Reuters.
2013 Mitsubishi Outlander GT
Wed, 30 Jan 2013I'm not a gambling man, but if there were a pool for an automotive death watch, my money would be on Mitsubishi... Lincoln is a close second. To understand the plight of Mitsubishi, you only have to look at its current lineup; they all just look, feel and drive about 10 years older than they really are. With the departure of the Endeavor and merciful killing of the Eclipse (the Galant lives on, but is on hiatus for the 2013 model year), one of the worst remaining offenders is the Mitsubishi Outlander, which I recently drove in top-level GT trim for this Quick Spin.
If we had a time machine and took the 2013 Outlander GT back to 1998, it would be revolutionary. If we could take it back to 2004, it might be near the top of its class. But in the current highly competitive crossover segment of today, the Outlander just falls short. Yes, the all-new 2014 Outlander is on its way later this year, but from what we've seen both inside and out, the new design would look great in 2008. That being said, spending a week with any vehicle can point out surprising highs as well as lows, and there are still plenty of reasons to enjoy Mitsu's midsize CUV.
Driving Notes
Mitsubishi hopes to raise $2.5B with stock sale
Wed, 22 Jan 2014Mitsubishi, 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.