Mitsubishi Montero 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 Montero cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $7,820. During November there was a slight reduction in the selling prices dropping till $7,379. The following two months (December, January) the selling price went through a devaluation of -14 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 -27 % compared to the 4 previous average values going down from $7,086 to $5,188.
The average price for Mitsubishi Montero has had a strong rise in recent years. Between "before 2000" and 2003, the average price is $5,045. There was a significant inflation of the average price in "before 2000" ($3,925) moving up till ($6,165)in 2003.
The graph that shows the price for Mitsubishi Montero cars according to their mileage indicates that those vehicles within a mileage range of "less than 10,000" are the most expensive ones. They are 11 % more costly than the average market price ($5,362). Next with a price of $6,833 and a mileage range of "100,000 - 200,000" we will see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 27% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $5,950.