If you just want to buy a car the old-fashioned way, the Diamond Retail Plan is for you. This is simply a conventional finance program that allows you to drive the vehicle off the lot, and pay for it with a series of monthly payments that include finance charges.

If you consistently drive more than 15,000 miles per year, subject your vehicle to hard use that would result in excess wear, or tend to keep your vehicles for more than a few years, the Diamond Retail Plan may be the most cost-effective way for you to start driving the Mitsubishi you've always wanted. Like all of our finance plans, the Diamond Retail Plan has certain benefits that can work to your advantage, which include:

No Excess Wear or Mileage Fees

Buying a car does give you some distinct advantages over leasing, since you'll own the vehicle and won't be renting it as you do with a lease. Vehicle ownership gives you the freedom to use your vehicle any way you wish — you won't be subject to mileage restrictions or be charged for excessive wear. If you consistently drive more than 15,000 miles per year, or subject your vehicle to hard use that may result in greater-than-normal wear, buying your vehicle through the Diamond Retail Plan may be your best choice.

Flexible Terms

With the Diamond Retail Plan, you'll be able to choose term lengths ranging from 1 to 72 months. The longer the finance term, the smaller the monthly payments will be, since you're now using more payments to buy the same vehicle. This may make your monthly expenses easier to manage, but you will end up paying more money in finance charges in exchange for those reduced monthly payment amounts.

Consistent Monthly Payments

The Diamond Retail Plan's uniformly sized monthly payments make paying off your vehicle a no-brainer. You won't have to plan for a larger final payment at the end of your term, as you do with the Diamond Advantage Plan. There won't be a purchase option price to pay, as there is with the Diamond Lease Plan, if you want to assume ownership of the vehicle at the end of the lease term. You may find it easier to work these uniformly sized payments into your budget, since you won't have a larger final payment to contend with.

Saving Money Through Down Payment

Though a down payment is not required, you can reduce the size of your monthly payments by making one and also save money over the finance term. That's because the size of your monthly payment is based on the vehicle's sale price, minus your down payment (which can be cash and/or your previous vehicle's trade-in value). The monthly payment amount is calculated by taking the remaining balance, adding finance charges, and dividing the sum into equal monthly payments over the finance term. The larger your down payment, the smaller your monthly payments will be. And since you're only charged interest on the amount you owe, a larger down payment means you'll pay less total interest over the finance term.

If you just got out of college, you'll be starting a career and making that transition from the academic world to the working world. You have better things to do than worry about how you'll get to your job. That's why we offer special financing for recent and upcoming college graduates on the full line of Mitsubishi's quality vehicles. We make it possible for you to purchase or lease a Mitsubishi vehicle with no money down and at a preferred College Graduate finance/lease rate, even if you do not have an established credit history.

How Do I Qualify?

You must have:

• No derogatory credit history
• A verified job or confirmed job offer beginning within 120 days of contract date
• Monthly payment to Mitsubishi Motors Credit of America, Inc. (MMCA) may not exceed 18% of your gross monthly income
• Proof of vehicle insurance

Plus, you must be one of the following:

• A college senior who is currently enrolled in a four-year program and who will receive his/her degree within twelve months from an accredited U.S. college or university. Required documentation: A copy of your application for graduation or a letter from your registrar's office stating the intent to graduate within twelve months.
• A graduate who obtained within the past two years a two-year, four-year, or post-graduate degree from an accredited U.S. college, university, service academy, registered nursing program, or trade school. Required documentation: A copy of your diploma.
• A nurse who has completed course work within the last two years necessary to be certified in the U.S. as a licensed vocational nurse, registered nurse, or licensed practical nurse. Required documentation: A copy of your diploma.
• A student currently enrolled in an accredited U.S. master's or doctoral program. Required documentation: A letter from your college/university registrar's office showing enrollment status.

It may be necessary to provide a letter from your educational institution that indicates accreditation from an Official Review Board.

Buying and leasing both have their advantages, and sometimes it's hard to choose between them. Buying a vehicle gives the pride of ownership, along with the freedom that goes with it. But leasing is attractive, too, since you typically have lower monthly payments.

The Diamond Advantage Plan is a unique way to buy a vehicle, combining the best of both worlds. With the Diamond Advantage Plan, you can buy a vehicle while enjoying the cost advantages of leasing but you will have a substantially larger payment to contend with. If you want to experience the joys of ownership, but can't resist leasing's low monthly payments, the Diamond Advantage Plan was created with you in mind.

How Does it Work?

The Diamond Advantage Plan provides lower monthly payments in exchange for a larger final payment. For example, with a 48-month contract, you will have 47 equally sized monthly payments and a substantially larger final payment. The final payment will be an estimate of what the vehicle will be worth after you have driven it for 48 months, which makes it very similar to the estimated residual value of a lease.

Because the final payment is basically the resale value of the vehicle, the monthly payments are, effectively, making up the difference between the vehicle's value at the beginning and end of the contract term, along with some finance charges. This gives you those low monthly payments, since you are only paying for the portion of the vehicle's life that is "used up".

Advantages of the Diamond Advantage Plan

Ownership of the Vehicle

With the Diamond Advantage Plan, you are the owner of the vehicle. This is very different from a lease, which gives the customer use of the vehicle but not ownership.

No Down Payment

The Diamond Advantage Plan does not require a down payment to be made, however, the monthly payment will be smaller if you choose to make one.

No Security Deposit

There is no security deposit required with the Diamond Advantage Plan, so you won't have to spend as much money to get started.

No Acquisition Fee

With the Diamond Advantage Plan, there is no acquisition fee, giving you the lower up-front costs than the Diamond Lease Plan.

Flexible Terms

With the Diamond Advantage Plan, the customer can choose the contract term that's right for them. Contract terms are offered from 24 to 48 months, in 6-month increments.

Low Monthly Payments

The Diamond Advantage Plan gives lower monthly payments than conventional financing in exchange for a substantially larger final payment.

Opportunity to Drive a Nicer Vehicle

By taking advantage of the lower monthly payments under the Diamond Advantage Plan, you may be able to afford additional options or a nicer model.

A New Vehicle More Often

The Diamond Advantage Plan offers the satisfaction of ownershiop ownership with the option of buying a new vehicle more often than if you purchase under a typical retail installment sales contract.

Mileage Options

The three mileage options under the Diamond Advantage Plan are:

• Standard mileage. This gives you a mileage allowance of 15,000 miles per year.
• Low mileage. This is an attractive option if you aren't a high-mileage driver, as it gives you lower monthly payments in exchange for a mileage allowance of 12,000 miles per year.
• High mileage. This increases your mileage allowance over the contract term, for a fee of $.12 per mile above the 15,000 miles-per-year standard mileage allowance. You'll have slightly higher monthly payments since the extra mileage fees will be spread out over the contract term, but you'll save money over the end-of-term excess mileage charge of $.15 per excess mile.

Final Payment Flexibility

We realize the final payment represents a more significant financial obligation than the monthly payments, which is why you are given some choices when you reach the final payment. There are three final payment options with the Diamond Advantage Plan.

• Payoff the contract balance and retain ownership of the vehicle
• Refinance the final payment (subject to certain conditions), which lets you keep the vehicle and avoid making a single large lump-sum payment.
• Sell the vehicle back to Mitsubishi Motors Credit of America, Inc. (MMCA) for the amount of the final payment. In other words, you will be turning in the vehicle instead of making the final payment. Provided you have made all of the regular monthly payments and haven't incurred excess mileage or wear and tear on the vehicle, you will have fulfilled your obligation to MMCA. If you decide to exercise this option, you will need to provide 30 days written notice to MMCA.

GAP Protection

The Diamond Advantage Plan includes gap protection at no extra cost, which provides you with an extra measure of financial protection. If an accident, fire or theft results in the total loss of the vehicle and there is a "gap" or difference between the amount your insurance company pays and the amount you still owe on the contract, you will not be liable for this gap (provided you are not in default and have maintained the insurance required by the Diamond Advantage Plan contract). However, gap protection does not cover the insurance deductible.

What are my responsibilities?

Along with the pride of ownership comes the responsibility of ownership. When you assume ownership of a Mitsubishi vehicle under the Diamond Advantage Plan, you also assume responsibility for the following:

Vehicle Maintenance

With the Diamond Advantage Plan, you own the vehicle, which means you are responsible for all routine maintenance on the vehicle as specified in the owner's manual. If you choose not to purchase your vehicle at the end of the contract term, you may be charged for any excessive wear not repaired before your vehicle is turned in.

Excess Mileage

If you plan on keeping the vehicle at the end of the contract term, it doesn't matter how much mileage is accumulated. But if you are planning to sell the vehicle back to Mitsubishi Motors Credit of America, Inc. at the end of the contract term, you will need to consider your mileage requirements. If you happen to exceed your contract's total mileage allowance, extra fees may apply when you turn in your vehicle.

Vehicle Taxes and Registration

You are the owner, so you are responsible for paying any taxes, license and registration fees due on the vehicle.

Insurance

You must carry comprehensive and collision insurance coverage for the vehicle as outlined in the Diamond Advantage Plan contract. But because you are the vehicle owner, the contract does not require you to maintain liability coverage, which may save some money. However, you may be required to obtain additional coverage under state law.

If you previously financed or leased through Mitsubishi Motors Credit of America, Inc. (MMCA), you may be eligible for special loyalty offers. See your authorized Mitsubishi Retailer to find out more about opportunities for returning customers.

Owning your first new car is a great achievement. We recognize that financing your first new car is a big step and we would like to help you obtain financing by offering a First Time Owners finance program.

How Do I Qualify?*

You must have:

• No derogatory credit history
• At lease one credit trade line with at least 12 months of history.
• Three verifiable personal references, one must be a relative.
• Verifiable employment for at least 12 months.
• Verifiable monthly income sufficient to cover vehicle payment and insurance, ordinary living expenses (including rent, utilities, etc.), and all currently outstanding debt. Your monthly payment to Mitsubishi Motors Credit of America, Inc. (MMCA) may not exceed a certain percentage of your gross monthly income.
• Verifiable Proof of insurance.
• Minimum down payment of 10% including a minimum of $500 cash.

*Other restrictions may apply. See your authorized Mitsubishi Retailer for information about eligible vehicles, rebates and special offers that may be used in conjunction with this program.

• A college senior who is currently enrolled in a four-year program and who will receive his/her degree within six months from an accredited U.S. college or university. Required documentation: A copy of your application for graduation or a letter from your registrar's office stating the intent to graduate within six months.
• A graduate who obtained within the past two years a two-year, four-year, or post-graduate degree from an accredited U.S. college, university, service academy, registered nursing program, or trade school. Required documentation: A copy of your diploma.
• A nurse who has completed course work within the last two years necessary to be certified in the U.S. as a licensed vocational nurse, registered nurse, or licensed practical nurse. Required documentation: A copy of your diploma.
• A student currently enrolled in an accredited U.S. master's or doctoral program. Required documentation: A letter from your college/university registrar's office showing enrollment status.

It may be necessary to provide a letter from your educational institution that indicates accreditation from an Official Review Board.