Mitsubishi Montero 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 Montero cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 1,284,882. November went through a strong inflation with a rise in the price till ₱ 1,511,386. During the following two months (December, January) the average selling price rose somewhat going from ₱ 1,398,134 to ₱ 1,502,874. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 1,450,504 to ₱ 1,499,788 during February and March.
The average price for Mitsubishi Montero has had a strong rise in recent years. Between "before 2000" and 2019, the average price is ₱ 695,182. There was a significant inflation of the average price in "before 2000" (₱ 318,222) moving up till (₱ 1,081,719)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 99 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 1,341,429.25 in 2022 and ₱ 1,298,094 during 2023.
The graph that displays the price for Mitsubishi Montero 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 59 % more affordable than the average price (₱ 1,687,951). Next with a price of ₱ 731,988 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 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,442,513.
The graph showing the average price for the fuel type for Mitsubishi Montero cars points out to "Gasoline" as being the cheapest fuel type. It is 84 % less expensive than the average market price (₱ 1,687,951) followed by "Diesel" priced at ₱ 803,825. On average the cheapest type of fuel is "Diesel". It´s price is 52 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 275,000.