Mitsubishi Pajero 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 Pajero cars has had a strong depreciation during the last 6 months we have studied. The average price for May is ₱ 1,741,462. During June there was a slight reduction in the selling prices dropping till ₱ 1,649,350. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -47 % compared to the 4 previous average values going down from ₱ 1,559,997 to ₱ 827,506.5.
The average price for Mitsubishi Pajero has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₱ 256,216. There was a significant inflation of the average price in "before 2000" (₱ 179,647) moving up till (₱ 376,667)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 49 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₱ 469,470.25) and the the last two years that have been analyzed (2013, 2015) with a price of ₱ 556,250.
The graph that displays the price for Mitsubishi Pajero 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 65 % more affordable than the average price (₱ 548,475). Next with a price of ₱ 289,778 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 16% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 345,250.
The graph showing the average price for the fuel type for Mitsubishi Pajero cars points out to "Gasoline" as being the cheapest fuel type. It is 69 % less expensive than the average market price (₱ 548,475) followed by "Diesel" priced at ₱ 289,860. On average the cheapest type of fuel is "Diesel". It´s price is 47 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 172,356.