Mercury Sable 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 Mercury Sable cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of $22,560. This price hardly went through any changes and remained at $22,350 during May. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -68 % compared to the 4 previous average values going down from $19,075.25 to $6,111.5.
The average price for Mercury Sable has had a strong rise in recent years. Between "before 2000" and 2003, the average price is $2,767. There was a significant inflation of the average price in "before 2000" ($2,394) moving up till ($3,170)in 2003. During the next two years (2004, 2005) the price for the aforementioned model has gone up strongly a 37 %. During the last two years, prices in the car industry have gone through a strong rise of 24 % 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 ($4,984.5) and the the last two years that have been analyzed (2008, 2009) with a price of $6,165.
The graph that displays the price for Mercury Sable 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 67 % more affordable than the average price ($6,036). Next with a price of $3,526 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 19% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $4,463.
The graph showing the average price for the fuel type for Mercury Sable cars points out to "Gasoline" as being the cheapest fuel type. It is 50 % less expensive than the average market price ($6,036) followed by "Gas" priced at $5,659. On average the cheapest type of fuel is "Gas". It´s price is 6 % more affordable than the average market value followed by "Gasoline" with a price of $3,024.