Mitsubishi Montero 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 Montero cars has fallen during the last 6 months we have analyzed. The average price for September is AED 85,250. During October there was a slight reduction in the selling prices dropping till AED 76,583. The average selling price has remained fairly constant during the following two months, going from AED 80,916.5 to AED 77,036.5. During the last couple of months, the average price has hardly changed, remaining the same going from AED 78,976.5 to AED 82,755 during January and February.
The average price for Mitsubishi Montero has had a strong rise in recent years. Between 2016 and 2019, the average price is AED 72,149.5. There was a significant inflation of the average price in 2016 (AED 66,249) moving up till (AED 78,050)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 28 %. During the last two years, prices in the car industry have gone up 11 % 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 103,695) and the the last two years that were studied (2022, 2023) with a price of AED 114,915.
The graph that displays the price for Mitsubishi Montero cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 19 % more affordable than the average price (AED 88,538). Next with a price of AED 91,650 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 11% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 91,650.
The graph displaying the average price for vehicles with doors shows that Mitsubishi Montero automobiles with the cheapest price have 5 doors. They are 1 % cheaper than the average price for this model priced at AED 87,550. Cars with the the highest price have 4 doors and are 8 % more expensive than the average mentioned before.