Price for Mercury
Mercury Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Mercury cars have remained constant in the last 6 months. The average price for October is $17,391. During November there was a slight reduction in the selling prices dropping till $15,817. During the following two months (December, January) the average selling price rose somewhat going from $16,604 to $17,565. During the last couple of months, the average price has hardly changed, remaining the same going from $17,084.5 to $17,565 during February and March.
The average price for Mercury has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was $1,934. During this period, prices pretty much remained constant. During the next two years (2000, 2004) the price for the aforementioned model has gone up strongly a 194 %. During the last two years, prices in the car industry have gone through a strong rise of 40 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($9,472.5) and the the last two years that have been analyzed (2007, 2011) with a price of $13,249.5.
The graph that displays the price for Mercury 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 80 % more affordable than the average price ($18,437). Next with a price of $8,366 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 128% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $23,931.
