Lincoln Mark LT | Depreciation Rate & Curve

Lincoln Mark LT 6 Year Depreciation Rate

A 2008 Lincoln Mark LT has a forecasted 6 year depreciation rate of 18%.

In 6 years its value is expected to decrease approximately $2,153 from its current price of around $11,962 down to $9,809.

Lincoln Mark LT Depreciation
Make & Model	Lincoln Mark LT
Current Value	$11,962
Forecasted 6 Year Depreciation Rate	18%
Forecasted Value Lost In 6 Years	$2,153
Residual Value In 6 Years	$9,809

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Expected Mileage Driven Per Year⁽²⁾

The American average is 12,000 miles driven per year.

Below is a historical table for the Lincoln Mark LT that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2008	$40,315	70%	$28,353	$11,962
2007	$39,825	73%	$29,025	$10,800
2006	$40,458	77%	$31,046	$9,412

Make / Models	Forecasted Depreciation	-
(Selected) 2008 Lincoln Mark LT	18%	Image Source Minimize Source By No machine-readable author provided. Sfoskett~commonswiki assumed (based on copyright claims). - No machine-readable source provided. Own work assumed (based on copyright claims)., CC BY-SA 3.0
2008 Cadillac Escalade EXT	16% View Depreciation Graph	Image Source Minimize Source By No machine-readable author provided. Sfoskett~commonswiki assumed (based on copyright claims). - No machine-readable source provided. Own work assumed (based on copyright claims)., CC BY-SA 3.0