Price for Lincoln MKS
Lincoln MKS 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 Lincoln MKS cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is $19,209. During December the price went trough a strong deflation till $14,397. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $15,274.75 to $15,734.5 during March and April.
The average price for Lincoln MKS has become more expensive in recent years. During 2009 and 2010, the average price was $15,919.5. During this period, prices pretty much remained constant. During the next two years (2011, 2013) the price for the aforementioned model has gone up strongly a 67 %. During the last two years, the car industry has had a strong deflation in its selling prices of -45 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample ($18,305.75) and the the last two years (2014, 2015) with a price of $10,083.
The graph that displays the price for Lincoln MKS 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 49 % more affordable than the average price ($15,247). Next with a price of $10,460 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 56% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $15,496.
