Mitsubishi Brand Summary
Mitsubishi Motors is a Japanese automobile manufacturer that was founded in 1970. Throughout the 20th century, Mitsubishi Motors grew and expanded its product line, producing vehicles for both domestic and international markets. In the 1980s and 1990s, Mitsubishi gained popularity in the United States and other countries with its sporty and affordable models, including the Eclipse and 3000GT.
One of Mitsubishi's most notable achievements was its development of the world's first mass-produced electric vehicle, the i-MiEV, in 2009. Today, the company is well recognised for its affordable and family friendly SUVs, including the Outlander and Pajero, as well as its electric and hybrid vehicles.
Mitsubishi is known for its sporty and adventurous image, as well as its commitment to innovation and sustainability. The company's logo features three red diamonds, which represent the three companies that merged to form Mitsubishi in the 1870s. Mitsubishi's tagline, "Drive Your Ambition," speaks to the company's focus on innovation and pushing boundaries in the automotive industry.
Top selling Mitsubishi Cars in Australia
(Estimated price range as a guide, and is before on-road and government charges)
Mitsubishi Pajero Sport (2023): $44,440 to $62,440
Mitsubishi ASX (2023): $23,990 to $34,740
Mitsubishi Eclipse Cross (2023): $31,490 to $55,990
Mitsubishi Outlander (2023): $34,490 to $69,990
Mitsubishi Triton (2023): $23,740 to $57,940
Mitsubishi Express (2023): $39,040 to $46,540
Benefits of financing your Mitsubishi
If you’re in the market to purchase a new or used Mitsubishi, choosing to finance your purchase can provide several benefits, including:
- Lower upfront costs: Instead of paying the full purchase price upfront, you can make smaller, more manageable monthly payments.
- Flexible terms: You can choose from various repayment periods, interest rates, and down payment amounts, depending on your financial situation and preferences.
- Access to newer models: Financing a Mitsubishi vehicle allows you to access newer models with the latest technology, safety features, and performance upgrades. You can choose from a wide range of models, including SUVs, sedans, and electric and hybrid vehicles.
- Build credit: Financing a Mitsubishi vehicle can help you build credit, as long as you make your payments on time and in full. Consistently making payments can help improve your credit score, making it easier to access credit in the future for other purchases, such as a home or business loan.
- Resale value: Mitsubishi vehicles are known for their high resale value, which means that you can potentially recoup a significant portion of your investment if you decide to sell your vehicle in the future. This can help offset some of the costs of owning a vehicle and make it a more worthwhile investment.
Overall, financing a Mitsubishi vehicle can provide you with greater flexibility, affordability, and access to newer models, while also helping you build credit and potentially increasing your investment's resale value in the long run. However it is important to consider your individual financial circumstances and weigh up if purchasing with cash may be a better option for you.
New car and used car finance from loans.com.au
loans.com.au is an online lender that offers competitive rates on car loans for both new and used vehicles. To apply for a car loan, you can complete their online application form, which is straightforward and easy to navigate. You'll need to provide some basic information about yourself, including your income and employment details, as well as information about the car you're looking to purchase.
They offer a range of competitive car finance products that can suit your budget and needs, for example they offer both fixed and variable rate car loans. Check out loans.com.au’s real good car loan offers and get a quick car loan pre-approval here.
If you’re considering buying a used Mitsubishi vehicle. It is recommended to buy a car that has around or below 60,000 kilometers on the dash. Also consider the history of the used vehicle, and how many owners it has had - generally speaking used cars with fewer owners are likely to be well looked after.
Green car finance options for Mitsubishi electric cars
Currently, the Mitsubishi Ecliplse Cross and the Outlander are the most popular ‘green’ vehicles offered by Mitsubishi. If you’re looking to buy a hybrid or an electric vehicle, these can be a good choice for you. Plus, the Australian government is giving incentives to people looking to buy green vehicles. You may able to get a stamp duty discount of up to $1500 depending on your state.
Certain lenders, like loans.com.au, may offer a discount on your car loan for going green and buying electric, which can also help you save some money when financing your car purchase, while also helping the environment.
How to use our calculator
A car loan calculator is a handy tool to help you determine much you can afford each month for your car loan repayment. To use this tool, simply input the amount you’re going to borrow, the price of the vehicle, the loan term, and then the interest rate.
You may also wish to take out a balloon payment if you find the proposed minimum car loan repayments to be too expensive. This allows you have a smaller monthly payment, but you will need to pay a lump sum amount at the end of the loan term. You can also add a balloon payment option in the car loan calculator to see if adding that loan feature is a suitable option for you.
FAQS
Mitsubishi cars are manufactured in various locations around the world, including Japan, the United States, and Thailand. The company has production facilities in several countries, which allows it to meet the needs of customers in different regions and markets.
It is possible to refinance your Mitsubishi car loan to another lender, such as loans.com.au. You may wish to look to refinance so you can get a lower interest rate on your loan, or when your car loan with a balloon payment is coming to an end.
The interest rate for Mitsubishi cars will vary depending on whether you decide on getting a loan straight from the dealer, a bank, or an online lender. It’s well known that online lenders, like loans.com.au, will likely be able to provide a more competitive interest rate to finance your Mitsubishi car, compared to dealer finance options.
Yes, Mitsubishi is generally considered to be a good brand. The company has a long history of producing high-quality vehicles that are known for their reliability, durability, and performance. Additionally, Mitsubishi vehicles are often priced competitively compared to other vehicles in their respective segments, which can make them an attractive option for budget-conscious buyers.
Yes, Mitsubishi cars are generally considered to be reliable and durable. The brand has a reputation for producing high-quality vehicles that are built to last, and many Mitsubishi models have received top ratings in independent reliability studies.
The warranty on a Mitsubishi car varies depending on the specific model and year. In general, new Mitsubishi vehicles come with a 5-year/100,000-kilometer bumper-to-bumper warranty, as well as a 10-year/160,000-kilometer powertrain warranty. Used Mitsubishi vehicles may be covered by a limited warranty, depending on the age and mileage of the car.
Your estimated repayments are
