Mitsubishi Shogun 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 Shogun cars has had a strong depreciation during the last 6 months we have studied. The average price for October is €23,582. During November there was a slight reduction in the selling prices dropping till €20,054. The following two months (December, January) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -15 % devaluation compared to the previous average values going down from €21,105.25 to €17,976.5 during February and March.
The average price for Mitsubishi Shogun has had a strong rise in recent years. During 2008 and 2008, the average price was €7,998. During this period, prices pretty much remained constant. During the next two years (2010, 2014) the price for the aforementioned model has gone up strongly a 119 %. During the last two years, prices in the car industry have gone through a strong rise of 28 % 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 (€24,228.25) and the the last two years that have been analyzed (2016, 2017) with a price of €30,906.5.
The graph that displays the price for Mitsubishi Shogun cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 72 % more affordable than the average price (€17,174). Next with a price of €5,914 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 89% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of €23,406.