Mitsubishi Pajero 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 Pajero cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of Rs. 28 lakhs. This price hardly went through any changes and remained at Rs. 27.56 lakhs during May. The following two months the selling price went through a strong reduction of -38 % compared to the previous two months studied. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from Rs. 22.56 lakhs to Rs. 19.51 lakhs during August and September.
The average price for Mitsubishi Pajero has had a strong rise in recent years. Between "before 2000" and 2004, the average price is Rs. 23.08 lakhs. There was a significant inflation of the average price in "before 2000" (Rs. 16.2 lakhs) moving up till (Rs. 27.58 lakhs)in 2004. During the next two years the average price(Rs. 21.98 lakhs) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -32 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (Rs. 16.69 lakhs) and the the last two years (2007, 2011) with a price of Rs. 11.41 lakhs.
The graph that displays the price for Mitsubishi Pajero cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 65 % more affordable than the average price (Rs. 20.15 lakhs). Next with a price of Rs. 7.32 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "100,000 - 200,000". It is 15% less expensive than the average market value followed by those cars with a mileage of "more than 200,000" priced at Rs. 12.83 lakhs.
The graph showing the average price for the fuel type for Mitsubishi Pajero cars points out to "Gas" as being the cheapest fuel type. It is 65 % less expensive than the average market price (Rs. 20.15 lakhs) followed by "Petrol" priced at Rs. 13.25 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 19 % more affordable than the average market value followed by "Petrol" with a price of Rs. 13.25 lakhs.