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Mitsubishi Endeavor Prices Paid and Buying Experience

81 messages,  Last post on Aug 06, 2008 at 1:29 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mitsubishi Endeavor, SUV

Did you get a good deal on your Endeavor?
Share your experience here!


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#33 of 81
by steve_ HOST
Apr 23, 2004 (8:44 pm)
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"Japan has a long tradition of bailing out foundering firms in rescues by their top lenders or major shareholders, often orchestrated by the government."
 
Carmaker Looks Inward in a Search for Cash (NY Times)
 
Forbes has a bit more pessimistic take on it (beware the Forbes Business News Adware popup installer).
 
Wish I had a crystal ball, but I'm just passing along stuff I see in the news. Isuzu keeps getting counted out, and the dealer network is hurting, but they are still making trucks.
 
Steve, Host
#34 of 81
Another report as of a few minutes ago... by tartallini
Apr 23, 2004 (9:09 pm)
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http://www.taipeitimes.com/News/worldbiz/archives/2004/04/24/2003- 137940
 
I'd agree that the dealers are making every attempt to get rid of the '04 stock before the '04.5 comes in. I'm sure that as soon as tomorrow when this news becomes more widespread, this will be tough times for the dealers!
#35 of 81
looking better already by steve_ HOST
Apr 24, 2004 (8:19 am)
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"JAPANESE car manufacturer Mitsubishi Motors Corporation appeared to have been thrown a lifeline last night."
 
Mitsubishi On A Knife Edge (NEWS.com.au)
 
Steve, Host
#36 of 81
looking better already by dan41
Apr 24, 2004 (10:57 am)
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Steve, thanks for making my day! Given this article, I am more optimistic about Mitsu's long term viability. I do think Mistu will really have to reassure auto buyers that they, as an auto company, will be around for a very long time. Until they instill confidence in their viability, they run the risk of not gaining market share and, should this happen, we then may be faced with an even greater acceleration of depreciation. I will think positive and go watch the Red Sox beat the Yankees - again!
#37 of 81
So..... by shooterd
Apr 24, 2004 (8:49 pm)
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Any comment on what all this really means?? Will it affect price negotiations and/or incentives (either for the better or worse)? How about the viability of warranties over the long term? And then there's the topic of depreciation. Resale value is not a "huge" concern of mine, but I'd like the thing to be worth SOMETHING after 5 or 6 years. I just got back from wandering around car lots for awhile this evening. Climbed around in a Pilot, couple of Sorentos, Trailblazer and Trailblazer EXT, Equinox, and an Endeavor (top of the line one I was really surprised was left unlocked). I'm still trying to line up my top picks for a purchase at the end of the year, but the players keep changing as does the playing field, so it seems. I'm just not sure what all this Mitsu news is really going to mean to the average car-buying joe?
#38 of 81
Re: Mitsubishi Endeavor: Prices Paid & Buying Experience [KarenS #1] by fm1966
Apr 29, 2004 (8:30 pm)
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Replying to: KarenS (Apr 14, 2004 4:54 pm)

Hi everyone. As soon as I saw the Endeavor I knew I had to drive it. As soon as I drove it I knew I wanted it. The dealership, however, is not being too cooperative in meeting my price needs. Fist of all they have extras thrown in which I would not have chosen--like the undercoating, and paint protector and fabric protector...another grand added on. It took two trips between the dealer and sales manager for them to *finally* show me an invoice. They insist they want about $1000 over invoice and they want to give me practically nothing for my trade. So far my buying experience isn't great. I'm referring to a '04 new XLS listed at 31,800. They came back with a 29,500 starting price after he brought the invoice out. Then they'd take the $2000 rebate and $3000 for my car trade. TELL me someone that I can do better than that. I live in RI. Tomorrow's the 30th. Should I make an offer? I'd reallly like to pay $275 mo. for 6 years. Bu tI'm probably more realistically going to look at $300. Right now they have me at $402 per mo. Any home for me???? Thanks!!
#40 of 81
Re: Mitsubishi Endeavor: Prices Paid & Buying Experience [dan41 #39] by fm1966
Apr 30, 2004 (7:42 am)
Reply

Hi Dan..thanks.
 
How do I know I'm seeing actual dealer cost?? Should I be content with the invoice and be sure not to add anything over invoice?
 
Ocean mits in Warwick has a great incentive--no charge for oil changes, brakes and batteries for the length of time I own the vehicle. They can't offer me any cars without those ridiculous addtions (the clear coat, the underbody coat and fabric protector) already added on. I guess I should look elsewhere and forget the great service incentive?
 
Thanks Dan! I appreciate your reply.
#41 of 81
Re: Mitsubishi Endeavor: Prices Paid & Buying Experience [fm1966 #40] by shooterd
Apr 30, 2004 (10:58 am)
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Replying to: fm1966 (Apr 30, 2004 7:42 am)

Hi. I would suggest you start over with your process. See if you can arrange financing on your own through whatever financial institutions you have available. Once you have some ideas on that, begin canvassing all the Mitsu dealers within a couple hours drive of you by email, letting them know exactly what vehicle you're looking for and that you're looking for their best price (make sure you know whether they are including rebates, etc, or not in this price). Narrow it down and then respond to the few who do the best for you and let them bid for your business. Given what's been going on with them and some of the buying stories on this board, there's no way I'd pay over invoice for one. Additionally, by doing the financing this way, you eliminate yourself from being what these guys love, and that's a "monthly payment" buyer. You can figure out invoice and monthly payments right here on Edmunds. Just get the dealer to give you a PRICE for the car. Shopping for a payment makes you a victim of the money shell game every time. Research! Plan! Then stick to your plan. Good Luck.
#42 of 81
by dan41
Apr 30, 2004 (12:03 pm)
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First of all, the added extra's are what the dealer wants you to buy ( absurdly high profit margins ) and this is their way of forcing you to do so. This may, at times, work on very high demand vehicles, but this is no where that case and there is NO need to purchase ANY of the add-on's and quote frankly, at any price, they are a waste of money. I would not pay anything close to invoice, especially in today's market. Make it simple, you take control and should the dealer call you, don't return their calls immediately. You mention that you live in RI, so here are a couple of ideas..Call Boch Mitsubishi (Norwood) and ask to speak to the sales manager and tell him/her exactly what you want ( be prepared and unemotional ) and let the sales mgr know you are willing to buy today and you want their most competitive, Best and Final, price. Make certain you are buying new, know what mileage is on the SUV ( could be a demo ), make sure it is the color & config you want and, most importantly, make sure you understand pricing before you go to the dealer to close the deal( ie. does price assume you get rebate or dealer ). Do not get caught up in responding to "what price do I need to beat". I purchased my XLS AWD from Herb Connolly Mitsu in Natick, MA. Whoever you call, do not mention that you have a trade until you get there and, if asked, let them know at this point you only want their most aggressive buy price - without trade.
 
End of month purchases have some influence, but not as much as end of quarter. If you are a serious buyer, then I think you can leverage end of month today and get your best deal.
 
Good luck and keep us posted! By the way, we are truly enjoying our Endeavor. Dan

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