Mitsubishi Montero Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Mitsubishi Montero cars have remained constant in the last 6 months. The average price in December was of ₱ 1,448,325. This price hardly went through any changes and remained at ₱ 1,476,125 during January. The following two months (February, March) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 1,485,016) during April and May.
The average price for Mitsubishi Montero has had a strong rise in recent years. Between "before 2000" and 2016, the average price is ₱ 666,192.19. There was a significant inflation of the average price in "before 2000" (₱ 314,600) moving up till (₱ 1,200,115)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 81 %. During the last two years, prices in the car industry have gone up 15 % 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 (₱ 1,412,342.5) and the the last two years that were studied (2019, 2020) with a price of ₱ 1,620,139.5.
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 61 % more affordable than the average price (₱ 1,523,869). Next with a price of ₱ 621,189 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 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,127,639.
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 70 % less expensive than the average market price (₱ 1,523,869) followed by "Diesel" priced at ₱ 1,384,825. 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 ₱ 461,310.
The graph displaying the average price for vehicles with doors shows that Mitsubishi Montero automobiles with the cheapest price have 4 doors. They are 90 % cheaper than the average price for this model priced at ₱ 160,000. Cars with the lowest price have 5 doors and are 51 % cheaper than the average previously displayed.