Mitsubishi Minicab Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mitsubishi Minicab cars have increased during the last 6 months. The average price in April was of Rs. 8.74 lakhs. This price hardly went through any changes and remained at Rs. 8.43 lakhs during May. During the following two months (June, July) the average selling price rose somewhat going from Rs. 8.59 lakhs to Rs. 9.3 lakhs. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (Rs. 9.48 lakhs) during August and September.
The average price for Mitsubishi Minicab has had a strong rise in recent years. Between 2010 and 2014, the average price is Rs. 9.11 lakhs. There was a significant inflation of the average price in 2010 (Rs. 7.3 lakhs) moving up till (Rs. 10.56 lakhs)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 21 %. During the last two years, prices in the car industry have experienced a depreciation of -5 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (Rs. 10.48 lakhs) and the the last two years analyzed (2017, 2018) with a price of Rs. 9.92 lakhs.
The graph that displays the price for Mitsubishi Minicab cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 7 % more affordable than the average price (Rs. 9.51 lakhs). Next with a price of Rs. 9 lakhs and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 14% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of Rs. 9.94 lakhs.