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 September the price for a car is €12,073 increasing till €13,023 in October. The following two months the selling price went through a strong reduction of -38 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -42 % compared to the 4 previous average values going down from €10,145.5 to €5,896.5.
The average price for Mitsubishi Lancer has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was €2,950. During this period, prices pretty much remained constant. Cars belonging to the model aforementioned had a price deflation of -13 percent in the next two years (2008, 2009) compared to the previous two years. During the last two years, prices in the car industry have gone through a strong rise of 40 % 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 (€4,276.5) and the the last two years that have been analyzed (2011, 2012) with a price of €5,992.
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 45 % more affordable than the average price (€4,664). Next with a price of €5,024 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 49% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of €5,488.
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 21 % less expensive than the average market price (€4,664) followed by "Diesel" priced at €5,694. On average the most expensive type of fuel is "Diesel". It´s price is 22 % higher than the average market price followed by "Petrol" which costs €3,693.