Mitsubishi Lancer Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mitsubishi Lancer cars have gone through a strong rise during the last 6 months. During the first month analyzed in January the average price was ₹ 13.9 lakhs. February went through a strong inflation with a rise in the price till ₹ 45.31 lakhs. During the following two months (March, April) the average selling price experienced a noticeable rise, going up 58 % from ₹ 29.61 lakhs to ₹ 46.82 lakhs. In the last two months, the price has gone through a strong devaluation of -45 % compared to the 4 previous average values going down from ₹ 38.21 lakhs to ₹ 21.13 lakhs.
The average price for Mitsubishi Lancer has had a strong rise in recent years. Between "before 2000" and 2002, the average price is ₹ 1.23 crores. There was a significant inflation of the average price in "before 2000" (₹ 1.76 lakhs) moving up till (₹ 93.82 lakhs)in 2002. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -49 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -94 % 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 (₹ 32.25 lakhs) and the the last two years (2005, 2012) with a price of ₹ 2 lakhs.
The graph that displays the price for Mitsubishi Lancer cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 5 % more affordable than the average price (₹ 1.79 lakhs). Next with a price of ₹ 1.79 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 25047% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 1.79 lakhs.
The graph showing the average price for the fuel type for Mitsubishi Lancer cars marks "Diesel" as the most costly fuel type. It is 23 % more expensive than the average market price (₹ 1.79 lakhs) followed by "Petrol" priced at ₹ 97.6 lakhs. On average the most expensive type of fuel is "Petrol". It´s price is 5349 % higher than the average market price followed by "Diesel" which costs ₹ 2.2 lakhs.