Mercury Monterey Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mercury Monterey cars has fallen during the last 6 months we have analyzed. In April the average price per vehicle is $23,766. During May the price went trough a strong deflation till $19,601. The following two months (June, July) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $20,804 to $21,214.5 during August and September.
The average price for Mercury Monterey has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2004 to 2006, the average price was $5,996. Please take note of of the significant depreciation in the prices between 2004 ($7,048) and 2006 ($5,246).
The graph that displays the price for Mercury Monterey cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 43 % more affordable than the average price ($26,340). Next with a price of $21,855 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 12% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $23,278.