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 for May is ₹ 3.11 lakhs. During June there was a slight reduction in the selling prices dropping till ₹ 2.75 lakhs. The average selling price has remained fairly constant during the following two months, going from ₹ 2.93 lakhs to ₹ 2.86 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 2.89 lakhs to ₹ 2.85 lakhs during September and October.
The average price for Mitsubishi Lancer has had a strong rise in recent years. Between "before 2000" and 2007, the average price is ₹ 1.42 lakhs. There was a significant inflation of the average price in "before 2000" (₹ 1.09 lakhs) moving up till (₹ 1.81 lakhs)in 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 85 %. During the last two years, prices in the car industry have gone up 9 % 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 (₹ 2.89 lakhs) and the the last two years that were studied (2010, 2011) with a price of ₹ 3.15 lakhs.
The graph that displays the price for Mitsubishi Lancer cars according to their mileage shows that those cars within a mileage range of "more than 2,00,000" are the ones with the lowest price. They are 64 % more affordable than the average price (₹ 2.88 lakhs). Next with a price of ₹ 1.68 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "50,000 - 1,00,000" priced at ₹ 2.03 lakhs.
The graph showing the average price for the fuel type for Mitsubishi Lancer cars points out to "Hybrid" as being the cheapest fuel type. It is 69 % less expensive than the average market price (₹ 2.88 lakhs) followed by "LPG" priced at ₹ 1.29 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 ₹ 1.96 lakhs.
The graph displaying the average price for vehicles with doors shows that Mitsubishi Lancer automobiles with the cheapest price have 4 doors. They are 53 % cheaper than the average price for this model priced at ₹ 1.37 lakhs. Cars with the the highest price have 5 doors and are 24 % more expensive than the average mentioned before.