Mitsubishi Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mitsubishi cars has fallen during the last 6 months we have analyzed. The average price in September was of AED 89,046. This price hardly went through any changes and remained at AED 89,561 during October. The following two months (November, December) the selling price went through a devaluation of -10 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 AED 84,912.25 to AED 85,448.5 during January and February.
The average price for Mitsubishi has had a strong rise in recent years. Between "before 2000" and 2015, the average price is AED 20,453.18. There was a significant inflation of the average price in "before 2000" (AED 11,044) moving up till (AED 54,713)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 252 %. During the last two years, prices in the car industry have gone up 5 % 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 75,987) and the the last two years that were studied (2018, 2019) with a price of AED 79,909.5.
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 80 % more affordable than the average price (AED 89,531). Next with a price of AED 41,378 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at AED 63,521.
The graph showing the average price for the fuel type for Mitsubishi cars points out to "Gas" as being the cheapest fuel type. It is 76 % less expensive than the average market price (AED 89,531) followed by "Diesel" priced at AED 59,680. On average the cheapest type of fuel is "Gasoline". It´s price is 6 % more affordable than the average market value followed by "Diesel" with a price of AED 59,680.
The graph showing the average price for Mitsubishi cars displays those with 2 doors as the cheapest ones. They are 70 % more affordable than the average price (AED 89,531). These are followed by those with 3 doors with an average price of AED 31,117. Cars with the lowest average price have 5 !doors and are 14 % cheaper than the average followed by those with 4 doors with a selling price of AED 46,369.