Mitsubishi Offering Catalytic Converter Theft Discount

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

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, Senior Pricing Analyst - February 22, 2021

Mitsubishi is offering an unusual new discount to help victims of a string of catalytic converter thefts in the state of Minnesota. The incentive is unlike any we've seen before and could help make it easier to upgrade to a new car or SUV.

According to a bulletin sent to Mitsubishi dealers, the offer involves a $750 rebate when trading-in any vehicle damaged due to the theft of its catalytic converter. The discount is good toward any new Mitsubishi, including the recently updated 2022 Eclipse Cross.

To get the discount, you'll need to show an insurance damage estimate indicating the car was damaged between December 1, 2020 and March 31, 2021. Oddly enough, the fine print reveals that the discount is limited to buyers in Minnesota.

A look at recent crime stats points to a pretty likely reason. According to a report from CBS, catalytic converter thefts in St. Paul increased to roughly six per day between January 1 and February 15, with the cost to replace one reaching up to $3,200.

Catalytic converter theft has been on the rise in many parts of the country as more people work from home. However, we've never seen a manufacturer offer a discount like this. If you were already looking to replace a car, this could be a good deal.

You can even stack the discount with other offers. For example, the Outlander offers 0.9% APR for 72 months in addition to a $1,000 bonus. There's even an 84-month option at 1.9%, although 7-year loans may not be for everyone.

Explore Mitsubishi's Current Lineup »

, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

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