Mitsubishi Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mitsubishi cars have increased during the last 6 months. The average price in September was of ₱ 1,570,763. This price hardly went through any changes and remained at ₱ 1,566,188 during October. During the following two months (November, December) the average selling price rose somewhat going from ₱ 1,568,475.5 to ₱ 1,734,805. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 1,651,640.25 to ₱ 1,673,587 during January and February.
The average price for Mitsubishi has had a strong rise in recent years. Between "before 2000" and 2020, the average price is ₱ 449,827.53. There was a significant inflation of the average price in "before 2000" (₱ 182,050) moving up till (₱ 903,102)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 83 %. During the last two years, the car industry has had a strong deflation in its selling prices of -18 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 697,714.25) and the the last two years (2023, 2024) with a price of ₱ 574,249.
The graph that displays the price for Mitsubishi cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 77 % more affordable than the average price (₱ 1,585,463). Next with a price of ₱ 464,143 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 963,913.
The graph showing the average price for the fuel type for Mitsubishi cars points out to "Gas" as being the cheapest fuel type. It is 80 % less expensive than the average market price (₱ 1,585,463) followed by "Gasoline" priced at ₱ 430,963. On average the cheapest type of fuel is "Diesel". It´s price is 46 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 430,963.
The graph displaying the average price for vehicles with doors shows that Mitsubishi automobiles with the cheapest price have 4 doors. They are 93 % cheaper than the average price for this model priced at ₱ 116,550. Cars with the lowest price have 5 doors and are 89 % cheaper than the average previously displayed.