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Mitsubishi reveals vehicle sale prices

Fri, 15 Aug 2008
Japanese automobile manufacturer Mitsubishi has announced a number of price cuts across its vehicle range.

According to the company, it will be taking between £1,500 and £2,000 from the price of its Lancer models, meaning that the car now costs £8,499.

Those seeking car buying advice could be swayed into purchasing a Mitsubishi Colt in either of its three or five-door derivatives, from which the firm has cut £1,000 in price.

It is also offering a low rate car finance deal with 9.6 per cent APR and monthly rates of payment of approximately £135.

The prices are to be advertised on radio and the internet in a campaign the company has called "comprehensive".

It has been established to "ensure the message of a brighter future with Mitsubishi is shouted from the rooftops ... Anyone wanting to create their own little ray of sunshine can do so with a great deal on a brand new Mitsubishi".

This comes as Mitsubishi has announced that the Evo X car is to be sold in Malaysia shortly.

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Amount to borrow
Sorry. The minimum loan amount is £1000
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Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17

£186.05

48 monthly payments

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Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

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