Mitsubishi L300 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 L300 cars has fallen during the last 6 months we have analyzed. In January the average price per vehicle is ₱ 593,363. During February the price went trough a strong deflation till ₱ 403,788. During the following two months (March, April) the average selling price rose somewhat going from ₱ 498,575.5 to ₱ 533,087.5. The average price has risen 14 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 587,706.5) during May and June.
The average price for Mitsubishi L300 has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 322,569.59. There was a significant inflation of the average price in "before 2000" (₱ 141,421) moving up till (₱ 511,625)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 94 %. During the last two years, prices in the car industry have gone up 6 % 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 (₱ 667,328) and the the last two years that were studied (2018, 2020) with a price of ₱ 708,933.5.
The graph that displays the price for Mitsubishi L300 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 55 % more affordable than the average price (₱ 561,513). Next with a price of ₱ 399,138 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 506,444.
The graph showing the average price for the fuel type for Mitsubishi L300 cars points out to "Gasoline" as being the cheapest fuel type. It is 53 % less expensive than the average market price (₱ 561,513) followed by "Diesel" priced at ₱ 392,691. On average the cheapest type of fuel is "Diesel". It´s price is 30 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 263,800.