Mitsubishi Galant 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 Galant cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is $13,339. During August the price went trough a strong deflation till $8,792. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from $9,633.5 to $8,119.5.
The average price for Mitsubishi Galant has had a strong rise in recent years. Between "before 2000" and 2008, the average price is $3,382.9. There was a significant inflation of the average price in "before 2000" ($2,046) moving up till ($4,256)in 2008. During the next two years (2009, 2010) the price for the aforementioned model has gone up strongly a 42 %. During the last two years, prices in the car industry have gone up 13 % 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 ($5,476.25) and the the last two years that were studied (2011, 2012) with a price of $6,161.
The graph that displays the price for Mitsubishi Galant cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 63 % more affordable than the average price ($7,752). Next with a price of $5,113 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 4% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $6,488.
The graph showing the average price for the fuel type for Mitsubishi Galant cars points out to "Gasoline" as being the cheapest fuel type. It is 53 % less expensive than the average market price ($7,752) followed by "Gas" priced at $5,097. On average the cheapest type of fuel is "Gas". It´s price is 34 % more affordable than the average market value followed by "Gasoline" with a price of $3,621.