Mitsubishi Canter Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Mitsubishi Canter cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of ₱ 424,167. This price hardly went through any changes and remained at ₱ 415,833 during November. The following two months (December, January) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -40 % compared to the 4 previous average values going down from ₱ 402,500 to ₱ 240,416.5.