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94 Mitsubishi 3000gt Base Fwd Naturally Aspirated Rally Tuned W/ 2 Wheel Sets on 2040-cars

Year:1994 Mileage:216000 Color: panels have been removed for the same reason
Location:

Longmont, Colorado, United States

Longmont, Colorado, United States

This auction is for one Mitsubishi 3000gt fwd naturally aspirated base model that has been custom rally tuned by kinetic (their website is www.coloradomountainrally.com, more details and pictures are there)

A bit rough on the eyes, this one's got it where it counts! Fast and fuel efficient, its perfect for your dailly commute and weekend race/ rally events. Also included is a set of four studded snow tires mounted on 17" chrome rims. Use these in the winter or at your rally events. Most routine maintanence has been taken care of. Included with the car is a brand new water pump, timing belt, tensioners, hydrualic pulley, oil pump, and cam seals. I recomend you put these new parts in so the service manual is included, if you want to get to know the car better by doing it yourself. All the features on the car work and are ready to perform on your next cross country road trip. This car really lives up to the "Grand Touring" name!

You will notice some missing interior panels, these were removed to reduce weight. Unmodified the operating weight (with driver and full
gas tank) of this car was 3,480 pounds, that has now been brought down to just under 3,200 pounds. You can get even lighter for race day if you take out the
back seats and spare tire, which can be removed with a total of 4 bolts. Some exterior panels have been removed for the same reason. There are
numerous dents and scratches on the car and the paint is peeling on the front bumper. Perfect if you wanted to replace them with custom lightweight body panels anyways, or if you just plain don't care about anything except how fast it can go and how fun it is to drive. In all this one is a great performer and seems like it will
go to 300k (the car has about 216k on it now). Check out the extensive list of added parts (part price only, I won't list labor), this car is
practically free with a starting bid just under $1000 and no reserve!

So pay attention, here are the juicy details and quirks about this car. I am the fourth owner, I have all the documentation from all the previous owners. Its seriously like four inches thick of maintanence records, this car has been well taken car of since it left the lot in 1994. All the features work, AC is ice cold, cruise control is flawless. Some things don't work that well though. The low washer fluid light is on, even though the tank is full. The sunroof opens but not all the way. The reverse gear tends to fall out a lot. This is not Mitsubishi's fault. The transmission was rebuilt at Jacks Transmission, which is allegedly the best for this car. Well the consensus of professional mechanics is that the problem is indeed with Jacks, they screwed it up and have made a great effort not to own up to it. So it is a rebuilt tranny to above OE spec, new clutch, new pressure plate, new cables, etc. But it needs a new fork. The reverse works, just not very well.

Maintanence. So since 165k the car has new thermostat, radiator cap, battery, alternator, wires, spark plugs, ignition cables, transmission, shift cables, shifter, clutch, pressure plate, clutch line, slave cylinder, brake rotors front and back, brake pads front and back, brake lines front and back, front spindles, front calipers, tires, rims, swaybay endlinks front and back, rear swaybar, full coilover suspension front and back, steering rack, accessory drive belts, hid lamps, and fuel filter. all fluids have been flushed and replaced on schedule with premium lubricants. There are no leaks in any system. The car will burn about a quart of oil in 5,000 miles during the summer, adding about half a quart of lucas each oil change keeps this in check.

Gas mileage is about 27-31 mpg in most driving conditions. I have been driving through winters in this car since 2007 and been stuck in the snow twice. In all this car has been a dream come true and I am sad I won't get to see the odometer over 300k. It's okay though, I'm sure this car will shine for it's fifth owner! It's been such a great car, I will gladly deliver it at no additional charge anywhere south of Edmonton or North of Miami for any sucessful bid over $3,600. Otherwise, please come see me in Longmont, Colorado.

Specs:
D2 Rally Asphault Full Coilover suspension, adjustable front camber plates, -3" to +2" ride height adjustment, 11.5/7.1 spring rates $1100
Front upper strut bar and new front sway bar links $150
Rear custom sway bar, new endlinks and energy bushings $250
New transmission rebuilt by Jack's Transmission w/ higher performance components $900
Short throw shifter, new shift cables, new excedy clutch and excedy pressure plate, stainless steel clutch line $350
New General G-MAX AS tires and tracklite 17" rims $1100
Custom dual element intake, lightweight radiator fan $150
10.2mm silicon race wires, iridium pulse plugs $150

New alternator, upsized battery, new lower impedence positive and negative lead wires $350

4 studded General Artimax tires mounted on four 17" Italian Chrome rims >$500 (~7/32nds tread left, rims are scratched up)

That's over $5,000 of new parts that have been installed! (not including the sound system, of course. consider it a freebie!)

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Auto blog

Mitsubishi pondering $2B share sale?

Sun, 15 Sep 2013

Mitsubishi makes the brilliantly fast, wonderfully fun Lancer Evolution. Outside of that road-going rally car, the rest of the range is pretty poor - the new Outlander isn't bad, but the subcompact Mirage looks like might've been competitive five years ago, while the Galant and Lancer have suffered from serial neglect.
This hasn't just lead to rumors of Mitsu's death in America; the subsidiary of the massive Mitsubishi Group has been in trouble at home, too. It was bailed out by three other Mitsubishi Group companies - Mitsubishi UFJ Financial, Mitsubishi Heavy Industries and Mitsubishi Corporation - between 2004 and 2005, according to Bloomberg. Now, it's attempting to extricate itself from "emergency mode," as analyst Koichi Sugimoto told the financial site, adding that "they're still in the very early stages of recovery."
As part of the bailout, Mitsubishi issued its three saviors billions of dollars of preferred shares, which don't have voting rights. The problem is, Mitsubishi hasn't issued dividend payments since 1998, and these stocks aren't exactly competing with Apple or Google, in terms of value. In other words, they're mostly worthless. With a public offering, Mitsubishi is expecting to raise 200 billion yen, or about $2 billion, in order to reduce the number of preferred shares. If all goes according to plan, it will wipe out preferred shares by March of 2014, or the end of fiscal year 2013.

Mitsubishi denies plans for Toyota/Subaru rival sports coupe

Tue, 23 Oct 2012

Forgive us for being wistful, but there was a time when Mitsubishi coupes and sports cars were the downright awesome. The 1990s brought us the all-wheel drive, turbocharged Eclipse GSX and the twin-turbocharged 3000GT VR-4 (seen here). The times, they were good.
Fast-forward to today, and the Lancer Evolution exists as Mitsubishi's sole, true performance offering. Mitsubishi killed off the Eclipse last year, by which time it had lost much the luster of its predecessors. With an affordable Japanese sports car fomenting underway thanks to Scion FR-S and Subaru BRZ, one may think that it's an ideal time for a brand like Mitsubishi to jump back into the performance coupe game. A rear-drive Mitsubishi sports car to take on the Toyobaru twins could be just what the brand needs to gain some mindshare among consumers.
Not so, says Osamu Masuko. The president and executive director of Mitsubishi told reporters at the Sydney Motor Show, "Our engineers are very prominent to investigate new technologies, but to use that technology they are not that good to bring the revenue to make that money." Read: the engineers want to do it, but the company does not find it to be financially responsible.

Mitsubishi previews 2014 Outlander and 2013 Outlander Sport Limited Edition

Thu, 15 Nov 2012

We've seen the new Mitsubishi Outlander in European form a few times already, but the 'ute has yet to make its roaring debut in the States. That's soon to be rectified, as Mitsubishi has formally announced plans to show the US-sped 2014 Outlander at the upcoming LA Auto Show.
Mitsubishi promises that the 2014 Outlander will be "among the most fuel-efficient compact [crossovers] with seven-passenger seating as standard." In addition to its new aerodynamic bodywork, the 2014 Outlander will bring with it advanced tech like Forward Collision Mitigation, Lane Departure Warning and Adaptive Cruise Control, each with its own fancy sounding acronym.

Also on display will be a new Limited Edition of the 2013 Outlander Sport. Said to commemorate the brand's 30 years in America, the LE will boast blacked-out side mirrors, center bumper (whatever that means...), wheel arches and roof rails. Other tweaks include dark-chrome alloy wheels and the necessary badging. Interestinglu, Mitsubishi says it has fitted a new balance shaft to make the 2.0-liter four-cylinder engine a smoother operator.