Mitsubishi Minicab 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 Minicab cars has had a strong depreciation during the last 6 months we have studied. In March the average price per vehicle is Rs. 10.57 lakhs. During April the price went trough a strong deflation till . During the following two months (May, June) the average selling price experienced a noticeable rise, going up 66 % from Rs. 5.29 lakhs to Rs. 8.76 lakhs. The average price has had spectacular rise of 28 % with an average price of Rs. 7.02 lakhs during the previous 4 months and Rs. 8.96 lakhs during the most recent months in July and August.
The average price for Mitsubishi Minicab has become more expensive in recent years. Between 2009 y 2014, the average price is Rs. 9.08 lakhs. There was a price inflation going from (Rs. 8.82 lakhs) to (Rs. 10.12 lakhs). During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 19 %. During the last two years, prices in the car industry have experienced a depreciation of -11 % 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. 9.73 lakhs) and the the last two years analyzed (2017, 2018) with a price of Rs. 8.63 lakhs.
The graph that displays the price for Mitsubishi Minicab 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 6 % more affordable than the average price (Rs. 8.99 lakhs). Next with a price of Rs. 9.11 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 11% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of Rs. 9.62 lakhs.