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The 2004 Mitsubishi Lancer comes with a timing belt that coordinates the crankshaft and camshaft to control the opening and closing of pistons. Typically, timing belts should be replaced between 60,000 and 100,000 miles, but this can vary based on your driving habits and conditions. Mitsubishi recommends changing the timing belt at 60,000 miles. This can be a costly repair, ranging from $500 to over $700 for parts and several hours of labor. Unlike belts, chains are more durable as they are located inside the engine, reducing the risk of cracking or drying out. Warning signs of a deteriorating timing belt include a decrease in power, rough idling, unusual noises, and the "check engine" light turning on.
The timing mechanism in the 2004 Mitsubishi Lancer is based on a timing belt rather than a timing chain.