Mitsubishi Lancer 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 Lancer cars has fallen during the last 6 months we have analyzed. The average price in October was £17,788. This price hardly went through any changes and remained at £17,170 during November. The following two months (December, January) 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 £16,564.75 to £15,948 during February and March.
The average price for Mitsubishi Lancer has had a strong rise in recent years. During 2005 and 2007, the average price was £13,301.33. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -38 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 63 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (£22,645) and the the last two years that have been analyzed (2011, 2015) with a price of £37,014.
The graph that displays the price for Mitsubishi Lancer cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 77 % more affordable than the average price (£16,544). Next with a price of £7,961 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 283% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of £18,892.
The graph displaying the average price for vehicles with doors shows that Mitsubishi Lancer automobiles with the cheapest price have 5 doors. They are 78 % cheaper than the average price for this model priced at £3,595. Cars with the the highest price have 4 doors and are 8 % more expensive than the average mentioned before.