Mitsubishi Strada 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 Strada cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is ₱ 1,188,225. During August the price went trough a strong deflation till ₱ 939,238. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 1,035,463) during November and December.
The average price for Mitsubishi Strada has had a strong rise in recent years. Between 2007 and 2019, the average price is ₱ 634,843.12. There was a significant inflation of the average price in 2007 (₱ 372,222) moving up till (₱ 998,529)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 68 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 1,104,971.5 in 2022 and ₱ 1,142,816.5 during 2023.
The graph that displays the price for Mitsubishi Strada 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 53 % more affordable than the average price (₱ 1,175,388). Next with a price of ₱ 733,775 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 13% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 930,140.
The graph showing the average price for the fuel type for Mitsubishi Strada cars points out to "Gasoline" as being the cheapest fuel type. It is 72 % less expensive than the average market price (₱ 1,175,388) followed by "Diesel" priced at ₱ 347,554. On average the cheapest type of fuel is "Diesel". It´s price is 70 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 331,000.