Mercury Grand Marquis Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mercury Grand Marquis cars have gone through a strong rise during the last 6 months. In December the price for a car is $13,173 increasing till $14,882 in January. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 51 % from $14,027.5 to $21,208.5. The average price has had spectacular rise of 55 % with an average price of $17,618 during the previous 4 months and $27,340.5 during the most recent months in April and May.
The average price for Mercury Grand Marquis has had a strong rise in recent years. Between "before 2000" and 2008, the average price is $9,949. There was a significant inflation of the average price in "before 2000" ($6,675) moving up till ($16,072)in 2008. During the next two years (2009, 2010) the price for the aforementioned model has gone up strongly a 123 %. During the last two years, the car industry has had a strong deflation in its selling prices of -37 % 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 ($16,237.75) and the the last two years (2011, 2017) with a price of $10,252.
The graph that displays the price for Mercury Grand Marquis 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 91 % more affordable than the average price ($27,239). Next with a price of $6,893 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $9,698.
The graph showing the average price for the fuel type for Mercury Grand Marquis cars points out to "Gas" as being the cheapest fuel type. It is 86 % less expensive than the average market price ($27,239) followed by "Gasoline" priced at $4,739. On average the cheapest type of fuel is "Flexible Fuel". It´s price is 68 % more affordable than the average market value followed by "Flexible" with a price of $7,768.