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But new Mitsubishi buyers may benefit by new-car price reductions or equipment upgrades. A poor take-up of the 10-year, 160,000km Diamond Advantage drivetrain warranty means it will cease from Monday (October 1).
Current owners will not be affected and Mitsubishi will retain its five-year, total-vehicle warranty. Mitsubishi Australia spokesperson Caitlin Beale says only 1.5 per cent of customers opted for the 10-year warranty. "The majority of owners sell their vehicle within three to five years,'' she says.
"Those who don't - for example, retirees - generally use the vehicle for travelling and that may mean exceeding the 160,000km warranty limit before the 10 years.'' For Mitsubishi owners who don't service their vehicle at an authorised dealer, the roadside assistance package will be reduced from three years to one year.
She says the cost of the extended warranty - which applies only to the first owner - was amortised across the whole Mitsubishi vehicle range. "We have to cover the cost of this on every single car,'' she says. "By removing it, we will see increased specification and cheaper pricing across the range for 2013 models.''
Ms Beale says Mitsubishi has already cut the price of the Lancer range by about $1700 a car. The Lancer price cuts won't be repeated until the new 2013 mode l arrives. The recent reductions affected the facelifted ASX SUV, Lancer and Lancer Evolution. Cuts were $8900 on the Evo, $8000 on the ASX and $1700 on the entry-level Lancer.
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