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 December was of ₱ 521,905. This price hardly went through any changes and remained at ₱ 496,368 during January. The following two months (February, March) the selling price went through a devaluation of -9 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 -22 % compared to the 4 previous average values going down from ₱ 485,560.5 to ₱ 376,317.5.
The average price for Mitsubishi Canter has had a strong rise in recent years. Between "before 2000" and 2002, the average price is ₱ 339,291.66. There was a significant inflation of the average price in "before 2000" (₱ 310,375) moving up till (₱ 357,500)in 2002. During the next two years (2005, 2011), the average price went up 14 % moving from !PRECIO1! to ₱ 387,500, During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 407,083.25 in 2012 and ₱ 426,666.5 during 2013.