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 September the price for a car is $10,799 increasing till $12,014 in October. During the following two months (November, December) the average selling price rose somewhat going from $11,406.5 to $12,843. The average price has had spectacular rise of 22 % with an average price of $12,124.75 during the previous 4 months and $14,845 during the most recent months in January and February.
The average price for Mercury Grand Marquis has had a strong rise in recent years. Between "before 2000" and 2007, the average price is $5,182.22. There was a significant inflation of the average price in "before 2000" ($4,037) moving up till ($6,961)in 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 61 %. During the last two years, prices in the car industry have gone up 9 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($9,164.5) and the the last two years that were studied (2010, 2011) with a price of $9,961.5.
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 77 % more affordable than the average price ($14,808). Next with a price of $6,152 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $10,760.
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 72 % less expensive than the average market price ($14,808) followed by "Gasoline" priced at $5,677. On average the cheapest type of fuel is "Flexible". It´s price is 52 % more affordable than the average market value followed by "Flexible Fuel" with a price of $7,111.