Mitsubishi Adventure Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mitsubishi Adventure cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 562,188. November went through a strong inflation with a rise in the price till ₱ 686,225. During the following two months (December, January) the average selling price rose somewhat going from ₱ 624,206.5 to ₱ 685,449.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 654,828 to ₱ 647,574 during February and March.
The average price for Mitsubishi Adventure has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₱ 270,116.5. There was a significant inflation of the average price in "before 2000" (₱ 137,556) moving up till (₱ 486,449)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 91 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 571,282.75) and the the last two years that were studied (2017, 2018) with a price of ₱ 625,624.5.
The graph that displays the price for Mitsubishi Adventure cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 62 % more affordable than the average price (₱ 753,888). Next with a price of ₱ 415,499 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 641,862.
The graph showing the average price for the fuel type for Mitsubishi Adventure cars points out to "Gasoline" as being the cheapest fuel type. It is 74 % less expensive than the average market price (₱ 753,888) followed by "Diesel" priced at ₱ 467,275. On average the cheapest type of fuel is "Diesel". It´s price is 38 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 197,375.