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Old 25-11-2005, 12:07 AM   #1
SUVshopper
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Default Mitsubishi 380 fleet discounts

Just found these National Fleet discount prices for the 380 auto models.

380: Price (excl GST) $32718 Discount $5399 %Discount 16.5
VRX: " $36355 " $5453 " 15
LS: " $37264 " $4099 " 11
LX: " $42264 " $4649 " 11
GT: " $43627 " $4363 " 10

So if dealers could offer the discounts above to private buyers, the driveaway price for the 380 would be in the low $30Ks and for the VRX in the mid $30Ks.

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Old 25-11-2005, 12:16 AM   #2
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Yes, just had a mate buy a brand new VRX with some options for under 40,000 grand, he works for mits and got it at fleet pricing, nice nice car to, no match for a Falcon but seriously not bad for what they are, I'd even consider one!
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Old 25-11-2005, 08:03 PM   #3
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Quote:
Originally Posted by SUVshopper
So if dealers could offer the discounts above to private buyers, the driveaway price for the 380 would be in the low $30Ks and for the VRX in the mid $30Ks.
While Mitsu is probably the slackest when it comes to the "rules" re National Fleet, private buyers don't get it. (Yes, I realise you said *if* and *would be* )

I wonder how they feel about their new car selling so relatively poorly. From what I gather, it's not a bad car.
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Old 25-11-2005, 08:39 PM   #4
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Why do I get the feeling that 380 resale is going down the Magna path.

The magna resale was woeful, you can now get a 2.5 year old XI Verada that retailed for 50k for about 18k and for a while Mitsubishi was selling new TJ and Tl's for about 27K driveaway. I dont really want to see a nice car like the 380 suffer from resale about on par with a Kia, it doesnt deserve it.
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Old 25-11-2005, 09:03 PM   #5
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Quote:
Originally Posted by Fairlane
I dont really want to see a nice car like the 380 suffer from resale about on par with a Kia, it doesnt deserve it.
Yes it does. Ugly, boring, bowl of porridge. Best thing about the 380 is it makes my AU look good.
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Old 26-11-2005, 11:45 AM   #6
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Quote:
Originally Posted by Abacus
Best thing about the 380 is it makes my AU look good.
Whatever helps you sleep at night :
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Old 27-11-2005, 01:08 PM   #7
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Resale on Falcons and Commodores is around 52% for base models, Magna was around 31%. That is massive depreciation, and if Mitsubishi aren't careful 380 will go the same way.
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Old 27-11-2005, 06:07 PM   #8
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Quote:
Originally Posted by CarBroker
I wonder how they feel about their new car selling so relatively poorly.
They sold 900 in two weeks in October (the car wasn't on sale until 14 October) , so that would mean they are selling about 1700-2000 a month. Quite good and right on target.
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Old 27-11-2005, 06:23 PM   #9
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Quote:
Originally Posted by Dave_au
They sold 900 in two weeks in October (the car wasn't on sale until 14 October) , so that would mean they are selling about 1700-2000 a month. Quite good and right on target.
Not correct. MMAL's target is 2500 sales per month (30,000 per year). So it is under the target. I suggest we wait a couple of months before we pass judgment on the success or otherwise of the 380 model. The car drives very well but I don't like the styling.

For reference the Leyland P76 lasted 16 months from start to finish (June 1973 to October 1974).

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Old 01-12-2005, 09:58 PM   #10
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I was at Mitsubishi earlier this week. There is already a sizeable number of 380s at the back of the Mitsubishi assembly plant.

November Vfacts will be released early next week. It will be interesting to see how well the local models sold.

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Old 01-12-2005, 10:48 PM   #11
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Read in the paper today that Mitsubishi sold only 980 units of 380's in October but are apparently on course to selling 1800 in November (claimed by them). These are still Magna figures so it will be interesting to see how this increases for them. With a 600m cost for this car the ROI is not looking that great at the moment. Hopefully the market for large car family sedans will improve with petrol prices stablising more now.
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Old 01-12-2005, 11:39 PM   #12
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A bloke at my work got a quote on VRX with some options 32000 drive away. This obviously does not include GST.
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