Mitsubishi Endeavor 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 Endeavor cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is $12,737 increasing till $14,357 in October. The following two months (November, December) the selling price went through a devaluation of -15 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -46 % compared to the 4 previous average values going down from $12,560.5 to $6,742.
The average price for Mitsubishi Endeavor has had a strong rise in recent years. Between 2004 and 2005, the average price is $3,962. There was a significant inflation of the average price in 2004 ($3,374) moving up till ($4,550)in 2005. During the next two years (2006, 2007) the price for the aforementioned model has gone up strongly a 73 %. During the last two years, prices in the car industry have gone up 12 % 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 ($7,828) and the the last two years that were studied (2008, 2011) with a price of $8,788.
The graph that displays the price for Mitsubishi Endeavor 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 32 % more affordable than the average price ($6,031). Next with a price of $6,627 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 133% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $6,627.