Mitsubishi Outlander Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mitsubishi Outlander cars have increased during the last 6 months. In October the price for a car is S$ 72,691 increasing till S$ 81,734 in November. The following two months (December, January) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (S$ 78,845.5) during February and March.
The average price for Mitsubishi Outlander has had a strong rise in recent years. Between 2015 and 2017, the average price is S$ 55,152. There was a significant inflation of the average price in 2015 (S$ 42,510) moving up till (S$ 69,322)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 80 %. During the last two years, prices in the car industry have gone up 15 % 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 (S$ 116,854.5) and the the last two years that were studied (2020, 2021) with a price of S$ 134,215.
The graph that displays the price for Mitsubishi Outlander cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 25 % more affordable than the average price (S$ 79,757). Next with a price of S$ 63,145 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 55% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 80,025.