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. In October the price for a car is ₱ 525,875 increasing till ₱ 604,749 in November. During the following two months (December, January) the average selling price rose somewhat going from ₱ 565,312 to ₱ 624,836.5. The average price has had spectacular rise of 22 % with an average price of ₱ 595,074.25 during the previous 4 months and ₱ 724,812.5 during the most recent months in 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 ₱ 296,303.88. There was a significant inflation of the average price in "before 2000" (₱ 181,640) moving up till (₱ 551,179)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 68 %. During the last two years, prices in the car industry have experienced a depreciation of -11 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₱ 448,053.25) and the the last two years analyzed (2017, 2018) with a price of ₱ 397,991.5.
The graph that displays the price for Mitsubishi Adventure 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 63 % more affordable than the average price (₱ 767,713). Next with a price of ₱ 343,657 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 591,615.
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 (₱ 767,713) followed by "Diesel" priced at ₱ 697,838. On average the cheapest type of fuel is "Diesel". It´s price is 9 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 198,437.