Price for Mercury Sable
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. In June the average price per vehicle is $22,484. During July the price went trough a strong deflation till $8,907. The following two months the selling price went through a strong reduction of -61 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -45 % compared to the 4 previous average values going down from $10,903.5 to $5,956.
The average price for Mercury Sable has had a strong rise in recent years. Between "before 2000" and 2003, the average price is $2,915.8. There was a significant inflation of the average price in "before 2000" ($2,599) moving up till ($3,498)in 2003. During the next two years (2004, 2005) the price for the aforementioned model has gone up strongly a 24 %. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 ($4,622.5) and the the last two years that have been analyzed (2008, 2009) with a price of $5,620.
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 63 % more affordable than the average price ($6,047). Next with a price of $3,857 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 9% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $4,406.
