Mitsubishi Lancer 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 Lancer cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is $26,664. During August the price went trough a strong deflation till $21,222. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -26 % compared to the 4 previous average values going down from $20,839.5 to $15,318.
The average price for Mitsubishi Lancer has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2013, the average price was $15,691.82. Please take note of of the significant depreciation in the prices between "before 2000" ($32,560) and 2013 ($10,957). During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 46 %. During the last two years, prices in the car industry have experienced a depreciation of -9 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($20,988.25) and the the last two years analyzed (2016, 2017) with a price of $19,052.
The graph that displays the price for Mitsubishi Lancer 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 65 % more affordable than the average price ($15,031). Next with a price of $16,365 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 62% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $21,278.
The graph showing the average price for the fuel type for Mitsubishi Lancer cars points out to "Petrol" as being the cheapest fuel type. It is 27 % less expensive than the average market price ($15,031) followed by "Gasoline" priced at $15,600. On average the most expensive type of fuel is "Gasoline". It´s price is 4 % higher than the average market price followed by "Petrol" which costs $10,978.
The graph displaying the average price for vehicles with doors shows that Mitsubishi Lancer automobiles with the cheapest price have 5 doors. They are 6 % cheaper than the average price for this model priced at $14,158. Cars with the the highest price have 4 doors and are 25 % more expensive than the average mentioned before.