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. The average price in May was of $28,316. This price hardly went through any changes and remained at $28,047 during June. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from $24,813.25 to $21,536.5 during September and October.
The average price for Lincoln MKS has had a strong rise in recent years. Between 2008 and 2013, the average price is $10,812.17. There was a significant inflation of the average price in 2008 ($8,168) moving up till ($14,875)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 55 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 ($20,466.75) and the the last two years that have been analyzed (2016, 2017) with a price of $24,183.
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 70 % more affordable than the average price ($21,037). Next with a price of $10,682 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 10% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $19,687.
The graph showing the average price for the fuel type for Lincoln MKS cars points out to "Gasoline" as being the cheapest fuel type. It is 30 % less expensive than the average market price ($21,037) followed by "Gas" priced at $16,013. On average the cheapest type of fuel is "Gas". It´s price is 24 % more affordable than the average market value followed by "Gasoline" with a price of $14,654.