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What is the Lincoln MKZ’s projected depreciation rate?
I recently bought a Lincoln MKZ and plan on driving it for as long as possible, but I do want to know how well the model holds its value. What is Lincoln MKZ’s projected depreciation rate?
Andrew Biro · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
This is a tricky question, as the exact rate of depreciation depends on a number of factors, chiefly the vehicle’s model year and original purchase price In general, however, you can expect your
Lincoln MKZ
to depreciate by somewhere between 32% and 55% over the next five years.Mileage is another important factor in figuring the rate of depreciation, so the more miles you drive per year, the worse the depreciation will be. As it currently stands, the average American drives 12,000 miles annually—so if you’re below that number, your
Lincoln
may retain more value than expected.Whatever your vehicle’s actual depreciation rate ends up being, you can expect it to be pretty bad—the Lincoln MKZ is ranked among the worst models for keeping its value long-term.
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- Gregory R.
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