Mitsubishi Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mitsubishi cars has fallen during the last 6 months we have analyzed. The average price in June was of ₱ 1,971,400. This price hardly went through any changes and remained at ₱ 2,040,000 during July. The following two months (August, September) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from ₱ 1,873,840.25 to ₱ 1,654,950 during October and November.
The average price for Mitsubishi has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 420,100.25. There was a significant inflation of the average price in "before 2000" (₱ 221,100) moving up till (₱ 800,663)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 104 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 854,928.75 in 2018 and ₱ 853,863 during 2019.
The graph that displays the price for Mitsubishi 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 85 % more affordable than the average price (₱ 1,688,487). Next with a price of ₱ 489,850 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 4% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 972,851.
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 82 % less expensive than the average market price (₱ 1,688,487) followed by "Gasoline" priced at ₱ 801,475. On average the cheapest type of fuel is "Diesel". It´s price is 10 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 801,475.
The graph showing the average price for Mitsubishi cars displays those with 4 doors as the cheapest ones. They are 74 % more affordable than the average price (₱ 1,688,487). These are followed by those with 3 doors with an average price of ₱ 568,667. Cars with the lowest price have 5 doors and are 53 % cheaper than the average previously displayed.