Mitsubishi Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mitsubishi cars have gone through a strong rise during the last 6 months. In September the price for a car is AED 70,081 increasing till AED 74,705 in October. The average selling price has remained fairly constant during the following two months, going from AED 72,393 to AED 73,778. The average price has had spectacular rise of 28 % with an average price of AED 73,085.5 during the previous 4 months and AED 93,210 during the most recent months in January and February.
The average price for Mitsubishi has had a strong rise in recent years. Between 2002 and 2020, the average price is AED 28,234.79. There was a significant inflation of the average price in 2002 (AED 8,000) moving up till (AED 64,276)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 108 %. During the last two years, prices in the car industry have gone up 7 % 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 (AED 63,126.25) and the the last two years that were studied (2023, 2024) with a price of AED 67,602.5.
The graph that displays the price for Mitsubishi 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 75 % more affordable than the average price (AED 95,357). Next with a price of AED 50,769 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at AED 91,188.
The graph showing the average price for Mitsubishi cars displays those with 2 doors as the cheapest ones. They are 90 % more affordable than the average price (AED 95,357). These are followed by those with 3 doors with an average price of AED 31,000. Cars with the lowest average price have 5 !doors and are 30 % cheaper than the average followed by those with 4 doors with a selling price of AED 53,810.