Mitsubishi Mirage 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 Mirage cars have increased during the last 6 months. In October the price for a car is ₱ 571,925 increasing till ₱ 607,938 in November. The average selling price has remained fairly constant during the following two months, going from ₱ 589,931.5 to ₱ 613,436.5. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 645,074) during February and March.
The average price for Mitsubishi Mirage has had a strong rise in recent years. Between 2000 and 2019, the average price is ₱ 384,311.88. There was a significant inflation of the average price in 2000 (₱ 231,667) moving up till (₱ 450,763)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 34 %. During the last two years, prices in the car industry have gone up 9 % 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 (₱ 565,186) and the the last two years that were studied (2022, 2023) with a price of ₱ 614,050.5.
The graph that displays the price for Mitsubishi Mirage 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 53 % more affordable than the average price (₱ 707,479). Next with a price of ₱ 340,333 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 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 533,650.
The graph showing the average price for the fuel type for Mitsubishi Mirage cars points out to "Diesel" as being the cheapest fuel type. It is 68 % less expensive than the average market price (₱ 707,479) followed by "Gasoline" priced at ₱ 377,622. On average the cheapest type of fuel is "Gasoline". It´s price is 47 % more affordable than the average market value followed by "Diesel" with a price of ₱ 228,882.