Mitsubitshi Lancer - Why the price reduction?

• dewsd

  1 Jun 04, 10:13

  Anyone knows why Lancer is now selling at such low price as compare to their former prices of about S$70k plus.
  
  My friend just bought one for $67k without sports rims.
• stealthguy

  1 Jun 04, 11:15

  Originally posted by dewsd:

  Anyone knows why Lancer is now selling at such low price as compare to their former prices of about S$70k plus.
  
  My friend just bought one for $67k without sports rims.

  Mitsubishi may go bust. So they are slashing price to attract buyers.
  
  http://www.thecarconnection.com/index.asp?n=156,175&sid=175&article=7153
• PaulQ

  1 Jun 04, 16:57

  It is great for customers when car dealers slashed prices. At below 70k, a Mitsubitshi Lancer is a very attractive choice indeed. In fact, the price in Mar 04 is even lower. If you are seriously concerned about the company's problem, check out http://www.btm.co.jp/english/press/news2004/ but examine why the company is introducing new models when critics say it is going bust. If you just want a budget jap car, Lancer should be in your shortlist.