Price for Mercury
Mercury Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mercury cars have increased during the last 6 months. The average price in October was of $70,001. This price hardly went through any changes and remained at $73,230 during November. During the following two months (December, January) the average selling price rose somewhat going from $71,615.5 to $78,800.5. During the last couple of months, the average price has hardly changed, remaining the same going from $75,208 to $72,857 during February and March.
The average price for Mercury has had a strong rise in recent years. Between "before 2000" and 2010, the average price is $6,688.25. There was a significant inflation of the average price in "before 2000" ($5,580) moving up till ($12,406)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 58 %. During the last two years, prices in the car industry have gone through a strong rise of 47 % 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 ($19,924.75) and the the last two years that have been analyzed (2013, 2022) with a price of $29,254.5.
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 94 % more affordable than the average price ($71,380). Next with a price of $10,538 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 23% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $43,287.
The graph showing the average price for the fuel type for Mercury cars points out to "Diesel" as being the cheapest fuel type. It is 95 % less expensive than the average market price ($71,380) followed by "Gas" priced at $7,271. On average the cheapest type of fuel is "Gasoline". It´s price is 47 % more affordable than the average market value followed by "Flexible Fuel" with a price of $10,162.
