Learn about the Mitsubishi Lancer compact car. See the engine specifications, gas mileage, price, and MSRP. Research Mitsubishi O-Z Rally warranty features and Mitsubishi Finance lending options.
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Information on the 2002 Mitsubishi Lancer sedan
The 2002 Mitsubishi Lancer is produced under the Mitsubishi car brand name. It is classified as a compact car and makes use of a sedan body. This 4 door sedan has front wheel drive with a 5-speed manual transmission. The Mitsubishi Lancer is mainly imported from the country of Japan. The Mitsubishi automotive line is a subsidiary automobile company held by Renault-Nissan-Mitsubishi Alliance.
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The Mitsubishi Lancer comes in assorted trim levels and featured packages including the 2002 Mitsubishi Lancer O-Z Rally 4 Door Sedan (2.0L 4-Cylinder 5M). This variation of the Lancer sedan features the O-Z Rally 4 door sedan with a 2.0L 4-cylinder 5M on the Mitsubishi Lancer vehicle chassis. The Lancer O-Z Rally trim may include vehicle upgrade bundles depending upon the origin of the motor vehicle and the time of production.
Mitsubishi Lancer O-Z Rally Prices and MSRP
Are you excited to get into a 2002 Mitsubishi Lancer O-Z Rally? The initial MSRP is listed at $15,487 and used vehicle Kelly Blue Book resale values are usually lower. Used vehicle appraisals depend on the year, make, design, and qualities. Mitsubishi Lancer valuations can increase beyond these price ranges because of contributing factors like increased demand, limited availability, and auto industry scarcity. As an example in 2021, car, SUV, and truck valuations and correlated car equity grew due to computer chip manufacturing shortfalls and supply chain restrictions. This led to tension on the new and used vehicle market with older used vehicle estimates eclipsing the value highs previously only seen by new motor vehicle sales.
MSRP: $15,487
Trim & Style: O-Z Rally 4 door sedan with a 2.0L 4-cylinder 5M
Made In: Japan
Lancer O-Z Rally Performance Specifications and Engine
The performance specifications and capabilities of your vehicle’s engine matter a lot. As an example, if you are towing a load or flatbed trailer with a truck. The power, specs and capabilities of your engine towing bundle matters a lot. Your brake horsepower and engine can lead to more bragging rights if you are taking your sports car out for a track day. On the other hand, if you are trying to find a sedan to drive to work as an everyday driver, you may not care what is under the hood so long as it is dependable and the engine runs well.
Mitsubishi Auto Manufacturer Specifications
The 2002 Mitsubishi Lancer can come with several various performance packages and engine options. This specific Mitsubishi motor vehicle comes with the 2.0 gas engine with a front wheel drive drivetrain.
Engine: 2.0L 4-cylinder 5M
Horsepower: 120
Doors: 4 door
Transmission: 5-speed manual
Drive Type: front wheel drive
Fuel: gas
MSRP: $15,487
Manufactured: Japan
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Gas Mileage (MPG)
Being aware of gas mileage and fuel economy are vital considerations when it relates to getting a Mitsubishi Lancer. The realistic cost of the auto includes much more than the tag price and includes the fuel cost. This is usually the next most costly element when it comes to vehicle ownership. The next most pricey element is sticking to the recommended auto maker’s service schedule and handling preventive repairs and maintenance.
The U.S. Environmental Protection Agency or EPA offers estimates around a vehicle’s gas mileage (MPG) and the number of miles a motor vehicle can proficiently drive per a gallon of fuel required to operate on city streets and on the highway. MPG depends on Mitsubishi Lancer engine type, performance, operation altitude, and other things like aftermarket adjustments, however it offers a great baseline for fuel use.
For the 2002 Mitsubishi Lancer, the EPA predicts drivers will get around 23/30 MPG for operating the vehicle on city streets and while driving on the highway. These MPG values are different because city driving entails driving on local streets, stopping at traffic signals, pausing at stop signs, waiting at crosswalks for pedestrians, and other things which require the Mitsubishi Lancer to start and stop more frequently. On the highway, the Mitsubishi Lancer’s engine and fuel effectiveness are extended, achieving a higher MPG score.
Compare Your Car’s Miles Per Gallon
Are you thinking about comparing and contrasting motor vehicle MPGs? See how your present car, truck, or SUV compares to the fuel efficiency of the 2002 Mitsubishi Lancer. Use the gas mileage difference calculator to see how many miles you might drive and costs related to fuel. Can you save money by driving this Mitsubishi Lancer or will it cost you more gas money to drive?
Financing your 2002 Mitsubishi Lancer sedan could be an excellent way to buy the vehicle you need while paying it off over the course of several months or years by making monthly car payments. Most car owners begin the vehicle purchasing journey by finding the vehicle model they prefer to get. Next, consider the monetary aspect and the amount of money you will be required to finance by finding the difference between the out the door price of your brand new Mitsubishi Lancer and the amounts of your deposit on the car and any trade-in value from your used motor vehicle. Remove these values from the brand-new vehicle’s price.
This will give you the amount of money you will be required to finance your 2002 Mitsubishi Lancer. Consult finance companies to see qualified financing deals. These deals will be based on your credit scores, consumer profile, and credit history. It is great to compare financing rates from a number of lenders (checking offers with 3-4 lending institutions is great). Doubling inspecting the contending offers will assist you get the finest funding offer possible on your Mitsubishi vehicle.
To finish your Lancer financing, you may need to do a few things including having a suitable credit score, meeting lender prerequisites, and meeting motor vehicle finance requirements. Credit ratings in the 500s (subprime category) may be acceptable for older used car or truck funding with scores in the 600s suitable for newer motor vehicle finance offers.
Other lender requirements consist of making a specific quantity of cash each month and meeting residency requirements by living in an area the loan provider services. Your automobile needs to satisfy basic vehicle financing requirements like being newer than 10 years old and having less than 100,000 miles with positive motor vehicle equity.
Mitsubishi Lancer Refinancing
Refinance your Mitsubishi Lancer O-Z Rally sedan. Learn how you can save money by adjusting your current loan.
Find Mitsubishi Lancer Insurance
Learn about insurance and see coverage options for your Mitsubishi Lancer. Bundling your insurance can save you money.
About Mitsubishi Finance
Mitsubishi Finance is Mitsubishi’s internal monetary support services branch. If you are thinking about buying a newer motor vehicle from a brand car dealership, they provide a few financing alternatives. The offers and rewards can consist of finance offers like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based upon the down payment amount). Mitsubishi Finance can also supply leasing offers and incentives like 10,500 yearly miles for 39 months with a set dollar amount due at finalizing.
Funding Your Lancer O-Z Rally
It is important to be aware of how much you can afford to put towards your brand-new 2002 Mitsubishi Lancer. This is essential not merely for car budgeting when keeping track of your individual expenses but also for comparing finance offers from various lenders. Checking loan numbers with a finance calculator is one of the most convenient methods to rapidly see your predicted automobile payment.
What is the Monthly Payment to Buy a Mitsubishi Lancer O-Z Rally?
Wondering how much money it would be to sign an automobile loan on a 2002 Mitsubishi Lancer? Here is an estimated cost you can use to start the research! The answer to the car payment question depends on a few numbers. The monthly auto payment on a Mitsubishi Lancer O-Z Rally is calculated by your down payment amount, car loan lending rates, loan term, your credit history, trade in-value, and similar details. Details like sales tax on the Lancer O-Z Rally also need to be thought about. Considering that the manufacturer’s suggested retail price or MSRP is $15,487, the average car payment for a brand-new Lancer could possibly be roughly $224.48.
This value can be predicted by using the MSRP minus a 10% down payment with a bank loan borrowing rate of 5% throughout a term of 48 months. Remember these aspects may be different depending upon your quoted loan rates and credit union offers. Keep in mind this payment is what it could cost if you bought the 2002 Mitsubishi Lancer “new” based upon the MSRP. With used automobiles, there is a substantial possibility the month-to-month vehicle payment will be drastically different. You can check more quotes with different numbers using a car loan calculator.
Estimated Monthly Payment
$224.48
Involved Payment Factors
MSRP: $15,487 Down Payment: 10% (estimated payment) Loan Interest Rate: 5% (average rate) Car Loan Term: 72 months (varies by offer)
Note: This estimated payment does not include other factors and costs like sales tax which would normally be included in actual payment estimate.
2002 Mitsubishi Lancer Refinancing
Refinancing your Mitsubishi Lancer is also an alternative to consider after you have already made a few of your initial monthly car or truck payments. The original lenders you initially financed through often have rewards and offers which expire or are front-weighted. Special deals like cash back refunds and 0% APR financing discounts may start losing their effectiveness or value after 6 to 12 automobile payments.
Thoroughly review the conditions of your financing contract to see when refinancing would be a good choice to think about. Refinancing gives you the power to find a new loan for your auto financial debt with a fresh lending institution effectively switching your loan’s term and APR with the new loan’s interest rate and term. If your personal financial circumstance has declined considering that you secured the loan for your Mitsubishi Lancer or if your original terms are not advantageous to you, think about refinancing. You can usually save additional money on your regular monthly car or truck payments by refinancing your vehicle loan.
Mitsubishi Lancer Auto Insurance
Having an automotive insurance policy insurance coverage for your Mitsubishi Lancer is essential. Picking out the right insurance plan for you may help cover damages and expenses connected with car accidents, car theft, and additional damage to your car, SUV, truck. Not only will the insurance policy assist you in repairing the damage from a vehicle accident or striking a stationary object, but maintaining valid insurance is frequently a legal obligation to drive on public roads in numerous states and counties in the U.S. The most effective vehicle insurance plans and associated coverage include comprehensive collision coverage which helps you repair crash-related damage to your Mitsubishi sedan and pay for damage from many things like inclement weather conditions, storms, fire, vandalism, and animal strikes on top of motor vehicle crashes. Insurance can also help you fix the 2.0L engine in your sedan together with other mechanical components and parts. The amount you spend for the policy can vary and is usually based upon the year of your car. If you drive the 2002 O-Z Rally, this will be factored into your regular monthly insurance coverage payments. Learn more about insurance and secure your Mitsubishi Lancer O-Z Rally 4 door sedan with a 2.0L 4-cylinder 5M.
Find Out Where to Buy a Mitsubishi Lancer O-Z Rally
There are a lot of things to mull over when it comes time to buy a motor vehicle. You want to get the right make and model that fits your needs along with handling a motor vehicle payment that meshes well with your budget. There are a lot of options out there for searching for used and brand-new car inventory, so it can be tough to understand where to begin your vehicle buying journey. Give Carvana a try.
We regularly think about branded factory manufacturer’s warranties when it pertains to getting a premier maintenance plan for your new car. These factory service warranties incorporate standard coverages like a limited 3 year or 36,000 mile bumper-to-bumper service warranty and a 5 year duration or 60,000 mile powertrain protection warranty. These annual timeframes begin with the original date of sale to the initial car or truck’s owner.
Additional factory vehicle service warranties are usually readily available depending upon the engine type. As an example, brand-new trucks, cars, or SUVs with a diesel powered motor can feature a manufacturer’s factory 5 year or 100,000 mile powertrain service warranty. Hybrid vehicles and electrically powered vehicles (EVs) often have special protection like a 8 year long or 100,000 mile warranty.
There are also extended automobile and vehicle service plans (VSPs), Certified pre-owned (CPO) guarantees, and extra service warranty protection options offered beyond the auto manufacturers factory plans. VSPs offer maintenance service programs with additional protection for parts and components in the event your car struggles with a catastrophic mechanical failure. These are great options to look at when buying a used car.
CPO warranties often include coverage for additional years with a time and mileage limitation like 2 years or 80,000 miles on the car. Cars, trucks, and SUVs that carry CPO statuses undergo an extensive pre-owned assessment by certified brand technicians which includes extra service warranty years. CPO cars typically cost more than similar used autos , however, they may be worth it for coming with comfort that the car or truck you are buying is mechanically good.
Other coverage alternatives include prepaid auto upkeep plans from automobile dealerships. These programs help to fix the components, services, and labor that become part of the advised producer’s repair and maintenance schedule. You will find these checks and associated mileages listed in the car or truck owner’s manual.
Info on Lancer Warranties
Factory Warranty: A factory service warranty is what you may think of when the idea of auto warranties are brought up. These types of manufacturer’s warranties most often are included when buying new vehicles and are among the easiest and most affordable methods to cover your vehicle– warranty wise considering that the new vehicle will probably cost more than a used one leading to you spending more money. The factory warranty resembles a manufacturer’s service warranty and provides a guarantee from the car manufacturer that they will fix any problems. Under the warranty guarantee protection, the automobile company will change out any damaged parts and/or repair any damaged areas caused by manufacturing defects, faulty materials, and faulty craftsmanship without cost to you as the automobile owner. The guarantee ensures the automobile will be repaired to initial operating condition.
Drivetrain Warranty: A drivetrain warranty covers the components, parts, and systems which move the car along. The portions of the drivetrain can include the axles, driveshaft, transmission, engine, exhaust manifolds, wheels, and connected components. The warranty also typically covers engine components like seals, gaskets, and other rubberized parts. A drivetrain service warranty is also another term for a powertrain warranty and might cover comparable parts depending on the producer’s definitions and warranty terms.
Roadside Warranty: A roadside service warranty helps you when you are stranded or broken down when driving. This warranty for the Mitsubishi Lancer O-Z Rally includes basic help services like towing, blowout fixing or replacement, dead battery aid and jumpstarts, lockout assistance, fluid and fuel transport and delivery, and other similar services. A roadside warranty is similar to roadside assistance, however it is provided with the new motor vehicle from the manufacturer and not an add-on item through insurance policies or a vehicle service contract or VSC.
Rust & Corrosion Warranty: A rust and corrosion warranty helps to protect the body, materials, and frame of the automobile. Car manufacturers often include this anti-corrosion warranty with brand-new automobiles to help repair damage triggered by caustic liquids, substances, and chemicals.
Mitsubishi Lancer Factory Warranty Coverage
Factory Warranty: 3 years / 36,000 miles
Drive Train Warranty: 5 years / 60,000 miles
Roadside Warranty: 3 years / 36,000 miles
Rust & Corrosion Warranty: 7 years / 100,000 miles
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Mitsubishi Lancer O-Z Rally Factory Specs
In order to interest a larger variety of drivers who are interested in the 2002 Mitsubishi Lancer O-Z Rally, different trim levels are provided. A lot of vehicle companies provide different options for their automobiles. This includes Renault-Nissan-Mitsubishi Alliance who makes the Lancer model. These choices can consist of factors like different paint colors, wheel dimensions, or bundles that include benefits like a sunroof or entertainment system. Supplying these choices enables producers to appeal to diverse types of customers and helps them to move larger volumes of automobiles.
These alternatives permit consumers to choose an automobile which fulfills their requirements and can include various attributes that they may desire in their car. Some automobile suppliers may provide things like a selection of different engines, trim lines, and also sport packages to select from, while others might offer a wide range of exterior colors or interior trim levels or colors. The alternatives that are available can vary between car manufacturers, makes, and models, so do your research when you are shopping for a vehicle with particular features like heated seats or third occupant seating.
By putting in the time to look into the different alternatives that are offered, you, as the customer, can ensure that you are buying precisely what you want in your new vehicle. This sedan by Lancer comes set up from the auto maker with a number of basic trims and options. They include options like the MacPherson strut front suspension, four-wheel independent suspension, multi-link rear suspension,bucket front seats, cloth, height adjustable driver seat,folding with storage center armrest, split-folding rear seatback,1 one-touch power windows, remote keyless power door locks, heated mirrors, power mirrors,clock, low fuel level warning, tachometer,cruise control, front and rear cupholders, front door pockets, power steering, remote trunk release, tilt-adjustable steering wheel,alloy trim on dash, air conditioning, dual vanity mirrors, rear floor mats,100 watts stereo output, 4 total speakers, mast antenna, AM/FM stereo,rear defogger, variable intermittent wipers,alloy wheels, temporary spare tire, 15 x 6.0 inch wheels, null tires, P195/60R15 tires, steel spare wheel,2 front headrests, 2 rear headrests, child seat anchors, electronic brakeforce distribution, emergency interior trunk release, rear center 3-point belt, rear door child safety locks, ventilated front disc/rear drum brakes, and other standard vehicle features.
Mitsubishi Lancer Questions
Looking for information about the Mitsubishi Lancer O-Z Rally? Discover answers to commonly asked FAQs. It is very important to do your homework on the vehicle and research the specific details. Check out the motor vehicle specifications and be aware of how the car payment on your vehicle can affect your financial situation. These answers can help you understand the capabilities of the vehicle along with MPGs, weight, horsepower, and engine capabilities.
What is a Mitsubishi Lancer O-Z Rally?
The Mitsubishi Lancer is a vehicle line produced by Renault-Nissan-Mitsubishi Alliance. The O-Z Rally is a specific package of the Mitsubishi Lancer lineup. The vehicle is categorized as a compact car.
How much does a Mitsubishi Lancer O-Z Rally cost?
The Mitsubishi Lancer O-Z Rally costs around $15,487.
What is the car payment to buy a Mitsubishi Lancer O-Z Rally?
The monthly car payment on a Mitsubishi Lancer O-Z Rally depends on your down payment, car loan interest rate, term, credit score, trade in-value, and other factors. Things like sales tax on the Lancer O-Z Rally also need to be considered. Since the MSRP is $15,487, the average car payment for a new Lancer could be around $224.48. This can be estimated by using the MSRP minus a 10% down payment with a motor vehicle loan interest rate of 5% over a term of 48 months. Keep in mind these factors will vary depending on your qualifying loan rates and lending offers. You can check additional estimates with varying numbers by using a car payment calculator.
Can I lease a Mitsubishi Lancer O-Z Rally?
You may be able to lease a Mitsubishi Lancer O-Z Rally through an auto loan lender or financial institution.
Can I refinance my Mitsubishi Lancer O-Z Rally?
You may be able to refinance your Mitsubishi Lancer O-Z Rally depending on your credit score and financial situation. To learn more about lenders who offer vehicle refinancing and car loans, check out the best auto refinance companies.
Where can I buy a Mitsubishi Lancer O-Z Rally?
Try searching car dealers like Carvana for a Mitsubishi Lancer O-Z Rally. They often have good deals on recent vehicles and may also have a similar Mitsubishi Lancer in their inventory.
How far does the Mitsubishi Lancer O-Z Rally go on a single tank of gas?
The Mitsubishi Lancer O-Z Rally can usually travel around 303.6/396.0 miles miles on a full tank of gas. This range is dependent on driving conditions, vehicle maintenance, and other roadway factors.
Does the Mitsubishi Lancer have good gas mileage?
Mitsubishi Lancer gets an EPA estimated 23/30 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 25 MPG. Understanding if this is a good gas mileage depends on what you are comparing the vehicle to. You can use our Gas Mileage Comparison calculator to see MPG estimates between vehicles with different MPG ratings along with destinations.
What kind of gas mileage does the Mitsubishi Lancer get?
The Mitsubishi Lancer gets 23/30 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 25.
What type of gas does a Mitsubishi Lancer use?
The Mitsubishi Lancer uses the regular unleaded fuel type.
How much gas does the Mitsubishi Lancer gas tank hold?
The gas tank in the Mitsubishi Lancer holds 13.2 gallons of gas.
What type of vehicle is the Mitsubishi Lancer O-Z Rally?
The Mitsubishi Lancer with the O-Z Rally package is a compact car.
What is the towing capacity of a Mitsubishi Lancer?
The Mitsubishi Lancer has a towing capacity of pounds.
How much horsepower does a Mitsubishi Lancer have?
The Mitsubishi Lancer has a horsepower rating of 120HP.
What kind of engine does a Mitsubishi Lancer O-Z Rally have?
The Mitsubishi Lancer O-Z Rally comes with a 2.0L 4-cylinder 5-speed manual engine.
What type of drivetrain does a Mitsubishi Lancer O-Z Rally have?
The Mitsubishi Lancer O-Z Rally features a front wheel drive drivetrain.
What kind of transmission does a Mitsubishi Lancer come with?
The Mitsubishi Lancer O-Z Rally comes with a 5-speed manual transmission.
Where is the Mitsubishi Lancer made?
The Mitsubishi Lancer O-Z Rally is made in the Japan by Renault-Nissan-Mitsubishi Alliance.
Is the Mitsubishi Lancer domestic or imported?
The Mitsubishi Lancer is a imported vehicle.
What car company makes the Mitsubishi Lancer O-Z Rally?
The Renault-Nissan-Mitsubishi Alliance is the auto manufacturer which produces the Mitsubishi Lancer O-Z Rally.
How much does a Mitsubishi Lancer weigh?
The Mitsubishi Lancer O-Z Rally has a gross vehicle weight of 3,638 pounds and a curb weight of 2,701 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Mitsubishi Lancer come with?
The Mitsubishi Lancer O-Z Rally can come with a few warranties from the manufacturer including a 5 years / 60,000 miles drivetrain warranty, a 3 years / 36,000 miles roadside warranty, a 7 years / 100,000 miles anti-rust warranty, and a maintenance program.