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 for April is $4,422. During May there was a slight reduction in the selling prices dropping till $4,017. The following two months the selling price went through a strong reduction of -18 % 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 $3,831.25 to $3,287.5 during August and September.
The average price for Mitsubishi Magna has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was $2,768. During this period, prices pretty much remained constant. During the next two years (2001, 2003) the price for the aforementioned model has gone up strongly a 34 %. During the last two years, prices in the car industry have gone up 13 % 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 ($4,268.25) and the the last two years that were studied (2004, 2005) with a price of $4,814.5.
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 17 % more affordable than the average price ($3,427). Next with a price of $3,493 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 113% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $3,655.
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 26 % less expensive than the average market price ($3,427) followed by "Petrol" priced at $4,057. On average the most expensive type of fuel is "Petrol". It´s price is 18 % higher than the average market price followed by "Gasoline" which costs $2,540.