Mitsubishi Challenger 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 Challenger cars has had a strong depreciation during the last 6 months we have studied. In December the average price per vehicle is $23,240. During January the price went trough a strong deflation till $19,592. The following two months the selling price went through a strong reduction of -15 % compared to the previous two months studied. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from $19,779.5 to $17,007.5 during April and May.
The average price for Mitsubishi Challenger has had a strong rise in recent years. Between 2010 and 2011, the average price is $16,034. There was a significant inflation of the average price in 2010 ($14,732) moving up till ($17,336)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 27 %. During the last two years, prices in the car industry have gone up 8 % 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 ($22,095.5) and the the last two years that were studied (2014, 2015) with a price of $23,777.5.
The graph that displays the price for Mitsubishi Challenger 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 46 % more affordable than the average price ($17,536). Next with a price of $9,697 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 32% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $18,743.