Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 LINCOLN MKT's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2018 LINCOLN MKT in 2018 was $52,520.
The average price for used 2018 LINCOLN MKT nowadays in 2024 is $21,296 which is 41% from the original price.
Estimated mileage driven per year is 14,699 miles.
The graph below is a depreciation curve for 2018 LINCOLN MKT. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2018 LINCOLN MKT in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $52,520 | — | — | 100% | 0% |
| 2023 | 88,194 mi | $23,950 | +$0 | +0% | 45.6% | 54.4% |
| 2024 | 102,893 mi | $21,296 | +$2,654 | +11.08% | 40.55% | 59.45% |
| 2025 | 117,592 mi | $18,988 | +$2,308 | +10.84% | 36.15% | 63.85% |
| 2026 | 132,291 mi | $14,794 | +$4,194 | +22.09% | 28.17% | 71.83% |
| 2027 | 146,990 mi | $13,748 | +$1,046 | +7.07% | 26.18% | 73.82% |
| 2028 | 161,689 mi | $12,471 | +$1,277 | +9.29% | 23.75% | 76.25% |
| 2029 | 176,388 mi | $11,989 | +$482 | +3.86% | 22.83% | 77.17% |
| 2030 | 191,087 mi | $8,000 | +$3,989 | +33.27% | 15.23% | 84.77% |
| 2031 | 205,786 mi | $8,654 | −$654 | −8.18% | 16.48% | 83.52% |
| 2032 | 220,485 mi | $8,314 | +$340 | +3.93% | 15.83% | 84.17% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the LINCOLN MKT’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2018 LINCOLN MKT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 LINCOLN MKT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $34,990 | 58 sales |
| 10,000 mi | $35,995 | 105 sales |
| 15,000 mi | $30,995 | 395 sales |
| 20,000 mi | $29,986 | 321 sales |
| 25,000 mi | $28,993 | 256 sales |
| 30,000 mi | $26,230 | 460 sales |
| 35,000 mi | $25,820 | 291 sales |
| 40,000 mi | $25,900 | 185 sales |
| 45,000 mi | $28,990 | 157 sales |
| 50,000 mi | $26,990 | 254 sales |
| 55,000 mi | $27,754 | 86 sales |
| 60,000 mi | $24,998 | 77 sales |
| 65,000 mi | $23,990 | 52 sales |
| 70,000 mi | $22,977 | 29 sales |
| 75,000 mi | $26,568 | 41 sales |
| 80,000 mi | $21,995 | 28 sales |
| 85,000 mi | $19,500 | 29 sales |
| 90,000 mi | $20,495 | 17 sales |
| 95,000 mi | $24,990 | 34 sales |
| 120,000 mi | $15,993 | 19 sales |
Frequently asked questions
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Other years of LINCOLN MKT
2010 LINCOLN MKT
$8,314 average used price
2,600+ sales records
2012 LINCOLN MKT
$8,000 average used price
1,700+ sales records
2013 LINCOLN MKT
$11,989 average used price
2,800+ sales records
2016 LINCOLN MKT
$14,794 average used price
2,800+ sales records
2017 LINCOLN MKT
$18,988 average used price
2,100+ sales records
2019 LINCOLN MKT
$23,950 average used price
6,900+ sales records
Similar Models
2016 LINCOLN MKC
$42,505 MSRP
$16,002 average used price
17,700+ sales records
2016 LINCOLN MKS
$48,175 MSRP
$14,985 average used price
2,700+ sales records
2016 LINCOLN MKX
$48,930 MSRP
$17,734 average used price
39,100+ sales records
2017 LINCOLN MKX
$48,930 MSRP
$19,493 average used price
33,700+ sales records
2019 LINCOLN CONTINENTAL
$55,765 MSRP
$28,398 average used price
10,200+ sales records
2021 LINCOLN NAUTILUS
$54,680 MSRP
$35,462 average used price
13,200+ sales records
