Mitsubishi Mirage 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 Mirage cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is $10,759. During March the price went trough a strong deflation till $6,998. The following two months (April, May) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $8,349.5 to $8,723.5 during June and July.
The average price for Mitsubishi Mirage has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2002 to 2014, the average price was $25,296.33. Please take note of of the significant depreciation in the prices between 2002 ($59,947) and 2014 ($8,394). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -58 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 16 % 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 ($12,728.75) and the the last two years that have been analyzed (2018, 2019) with a price of $14,743.5.
The graph that displays the price for Mitsubishi Mirage 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 70 % more affordable than the average price ($8,810). Next with a price of $6,091 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 46% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $9,768.
The graph showing the average price for the fuel type for Mitsubishi Mirage cars points out to "Petrol" as being the cheapest fuel type. It is 22 % less expensive than the average market price ($8,810) followed by "Gasoline" priced at $8,342. On average the most expensive type of fuel is "Diesel". It´s price is 344 % higher than the average market price followed by "Gasoline" which costs $8,342.