Mitsubishi Magna 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 Magna cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of $6,092. This price hardly went through any changes and remained at $6,108 during December. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -36 % compared to the 4 previous average values going down from $4,888.75 to $3,152.5.
The average price for Mitsubishi Magna has had a strong rise in recent years. Between "before 2000" and 2001, the average price is $3,356. There was a significant inflation of the average price in "before 2000" ($2,025) moving up till ($5,525)in 2001. During the next two years the average price($3,209) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 73 % 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 ($11,812.75) and the the last two years that have been analyzed (2004, 2005) with a price of $20,416.5.
The graph that displays the price for Mitsubishi Magna 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 30 % more affordable than the average price ($3,059). Next with a price of $3,127 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 271% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $4,482.
The graph showing the average price for the fuel type for Mitsubishi Magna cars points out to "Gasoline" as being the cheapest fuel type. It is 15 % less expensive than the average market price ($3,059) followed by "Diesel" priced at $14,232. On average the most expensive type of fuel is "Petrol". It´s price is 728 % higher than the average market price followed by "Diesel" which costs $14,232.