Last post on Nov 22, 2012 at 3:00 AM
You are in the Mitsubishi Montero
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Mitsubishi Montero, SUV
Apr 11, 2003 (11:35 am)
The oldsmobile dealer here just bought the Mitsubishi franchise and is offering deals on 2002 Montero limited with premium package and running boards that they list for $38,585 discounted to $28,682. A 2003 limited with package is listed for $38,412 and they are only offering $2,500 rebate which seems high or .09% (which I thought was 0% for 60 months). They are really pushing the 2002's which they got at a discount with the franchise purchase but since we are this far along in the year the 2004's will be out in by end of summer so I am hesitant to buy the 2002 which will suffer a hit with depreciation/value...Any thoughts out there...Does anyone have a 20th anniversary model and what kind of price did you get. Gunn4
#2152 of 2830 RE: Prices
Apr 12, 2003 (6:53 am)
I'm not sure if your concern should be with Depreciation on the 2002. It's heavily discounted with will off set depriciation. The depriciation and what you'd sell for in a few years is rated on the original sticker not what you paid new.
The WORST thing you can do is what I did: Purchased a 2001 Model in July of 2000. The truck is now almost 3 years old with 73,000 miles on it but since it was designated as a 2001 in the year 2000, everyone thinks it's only a 2 year old car.
I think the best idea is to purchase mid to late in a given years run or after, NEVER prior to it. I'd be comfortable with the 2002 your looking at. In fact, if I would have found that kind of deal prior to replacing mine with a boring Pilot, I would have done it.
#2153 of 2830 2002 vs. 2003 Montero
Apr 13, 2003 (8:28 am)
gunn4, I own a 2001 Montero LTD and the onlu differences between a 2001 and 2002 Limited is that the second seat has three vs. two headrests and the bezels, front grill and side mirrors are painted to match the body color. Also the three diamond log is silver instead of red. Other than that, there is no difference between the 2001 and 2002.
In my humble option unless the cost is an issue (a $10,000 discount of of sticker isn't bad), I would go with a 2003. Not only is the engine displacement increased from 3.5 to 3.8, it has more horsepower and more torgue. And electronic anti-skid system has been added (not doubt to deal with the Consumer Report rollover report on the 2001 models)as well.
The 2003 also has a new front grill, need side cladding, new 16" wheels (which in my option look fantasic, new rear lamp design. Also tne radio now puts out 315 watts. If you get the premium package on the 2003, you also get a dual power seats.
Plus, I would not buy a 2002 in a 2003 model year.
#2154 of 2830 '02 vs. '03
Apr 13, 2003 (5:56 pm)
All your points about the improvements are valid. However, the thought to avoid buying an '02 in '03 makes no sense. That fact alone should be of no concern.
IMO, the decision should be based on Price, the improvements and new features. Are they worth $10K? Maybe but I'd work for a heavier discount on the '03 than what they've been willing.
In a situation where there are no changes, buying a left over previous model year makes a lot of sense financially. It would be the smart way to go. Much cheaper purchase price and you in effect get a free years worth of mileage in the depreication value when it's time to sell. For someone like me who drive as much as 30K per year, that's HUGE! The mental thing about owning the latest model year isn't worth much in the end.
#2155 of 2830 phonos welcome back
Apr 14, 2003 (9:58 am)
I am going with the Bridgestone Revo A/T in the "C" load which is 6-ply. You made reference to going to "D" which should be 8-ply. The stock tire is SL or 4-ply so you made two jumps up. Some told me that the 8 ply might be too stiff. What did you find?
I have the ARB OME springs and shocks. They offer a 1 and 2 step up in springs. I went one step up. The front lift ends up being 1-2 inches after breakin and the rear 2.5 or so but I will measure again. I love the springs but I think this SUV deserves a good adjustable shock/strut. I just find that I would like to make the shock a little firmer. This, with stiffer tires, should get rid of any concerns about stability and ride quality.
If you ever hear about adjustable shocks/struts please let us know.
#2156 of 2830 agree with dski
Apr 14, 2003 (10:01 am)
The 02 Limited at 28K with options would be a great deal but it is not 10K off. Most of us here probably got the fully loaded LTD in the range of 32-34K but everyone can throw out thier deal later. Having said that you are just not going to find anything out there that can even touch the Montero at 28K. Your resale automatically looks better from that standpoint as well.
Sure the 03 has a few cosmetic things and it is nice that it has a passenger power seat but unless you dont know how to drive well in snow/ice/sand/mud the traction control is just not worth paying that much for.
Apr 14, 2003 (10:46 am)
Wish my Mitsu dealer would have offered around 32/33 for a New Limited. He cost himself a sale if it's true that he could have discounted to that.
Oh well. The Honda is boring but I think it'll hold up a little better and I'm trying to be happy. LOL
Apr 14, 2003 (2:37 pm)
I am speaking about my 01 not an 03 Drew. I paid 33 and some change plus a grand for exended warrenty which I have yet used and is probably a waste of money. This was before the consumer gig if I rememeber, too bad, I could have taken advantage of that gift and pressured them down even more.
#2159 of 2830 "D" rated tires
Apr 15, 2003 (6:52 am)
Correct Brill, "D" rated LT tires are what used to be called 8-ply rating. However, my understanding is that an letter rating on a truck tire may or may not have the actual number of plys of cord/rubber. It means it will pass a test for that ply rating when the test was developed. I think the ply rating system was developed when almost all tires were made with Rayon cord and were bias ply, not radial.
With the newer fabric(e.g. Kevlar)/rubber/belts combinations available these days, the number of actual plys is irrelevant. It is the load rating that is important. A "D" rated tire will have a higher load rating than a "C" rated tire.
The ride may be a little stiffer with the pressure at 45 psig, but as long as my wife can't notice it, no problem. At the maximum inflation pressure of 65 psig for these tires, the ride would be somewhat stiffer. However, at that pressure, without a full rated load(weight)to increase shoulder road contact, the tire will wear excessively in the center of the tread.
Apr 15, 2003 (10:17 am)
So is there any way to find out when the 2004's will be available and more importantly if there will be any major design changes...