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Mitsubishi

Mitsubishi - Galant (2006)

Discover the Mitsubishi Galant – a 2006 classic that still commands respect in today’s sedan market. The Mitsubishi Galant 2006 price has become a hot topic for buyers looking for a reliable, stylish ride that doesn’t break the bank. Whether you’re hunting a first used Mitsubishi Galant price or testing the value of a newer model, this overview supplies the key data and market insights you’ll need to make an informed decision. Let’s dive into the specs, depreciation trends, and how the Galant stacks up against its rivals.

  • Engine: 2.5‑L 4‑Cylinder DOHC, 190 hp at 6,600 rpm
  • Transmission: 5‑speed manual / optional 4‑speed automatic
  • Fuel Type: Regular gasoline
  • Drivetrain: Front‑wheel drive
  • Dimensions: 4,625 mm (L) × 1,795 mm (W) × 1,430 mm (H); wheelbase 2,710 mm
  • Cargo Capacity: 485 liters (68 gal) with rear seats up; 1,447 liters (383 gal) with rear seats folded
  • Interior: Standard cloth seats, power‑adjustable driver seat, 8‑inch touchscreen (optional)
  • Safety: ABS, dual‑stage airbags, multiple stability controls
  • Drive Features: Cruise control, tilt/extend steering wheel
  • Energy Efficiency: EPA rating ~28 mpg city / 36 mpg highway

Depreciation insight:

  • In its first year, a 2006 Mitsubishi Galant typically loses 15‑20% of its value as it transitions from a new vehicle to a certified pre‑owned section.
  • By the third year, the cumulative depreciation averages around 35‑40%, especially for models in excellent mechanical condition.
  • After five years, the Galant can lose as much as 50‑55% of its original price, largely due to the competitive price actions from newer midsize transmissions.
  • Long‑term care – clean title, timely maintenance, and low mileage – can mitigate these losses, keeping the vehicle roughly 10‑15% above market average at every year.

So how does this influence the current Mitsubishi Galant price bracket? While you shouldn’t expect a flat number, the guidelines above let you anticipate a vehicle in pristine condition to sit in the “mid‑pareto” range for comparable models – it tends to be 30‑40% lower than the price range for a new Mitsubishi Galant 2007 and often 20‑25% cheaper than a similarly aged used Mitsubishi Galant price for models in comparable condition.

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