Easterns Blog

Owning a Lincoln MKZ offers luxury, performance and comfort. However, like any vehicle, it’s important to be aware of the total cost of ownership, which includes various expenses beyond the initial purchase price.

Opting for a pre-owned Lincoln MKZ from Easterns Automotive can provide more savings without sacrificing quality and reliability. Easterns Automotive offers a rigorous inspection process and certified pre-owned options so that you get a vehicle that meets strict performance and safety standards.

Initial Purchase Price of the Lincoln MKZ

The initial cost of a Lincoln MKZ can vary significantly based on whether you opt for a new or pre-owned model. New Lincoln MKZ models come equipped with the latest features and technologies, providing peace of mind with warranties and lower initial maintenance costs.

However, new vehicles depreciate quickly. Pre-owned MKZ models, especially recent model years with relatively low mileage, can offer substantial savings and many of the same cutting-edge technologies and features as new models. These vehicles have already absorbed the most significant depreciation, making them more affordable upfront while still providing luxury and performance.

Depreciation

The Lincoln MKZ, like most luxury cars, experiences rapid depreciation in the first few years. However, purchasing a pre-owned MKZ allows buyers to avoid this and have a vehicle that retains its value. Because of this, a pre-owned Lincoln MKZ is more cost-efficient than buying new.

Insurance Costs

Insurance is a critical aspect of vehicle ownership. The premiums for a Lincoln MKZ can vary based on several factors, including the driver’s profile (age, driving history, location) and the vehicle’s age and condition. Generally, newer vehicles might have higher insurance premiums due to their greater value and the cost of repairing advanced technologies.

However, the MKZ’s numerous safety features, such as advanced driver assistance systems, can help reduce insurance costs. Pre-owned MKZ models generally come with lower insurance premiums because they have a lower market value compared to new ones. This lower value translates to lower replacement costs for insurers, resulting in reduced premiums.

Fuel Costs of the Lincoln MKZ

Fuel expenses are a significant consideration for any vehicle. The Lincoln MKZ is known for its fuel-efficient engines, which help keep fuel costs manageable.

To estimate the annual fuel cost, you need to consider your average mileage as well as current fuel costs:

• Average Fuel Efficiency: The MKZ’s average fuel efficiency is around 24 miles per gallon combined for standard gasoline models.
• Annual Mileage: Assuming an average annual mileage of 12,000 miles.
• Current Gas Price: With the current average gas price of $3.50 per gallon.
• Estimated Annual Fuel Cost: The estimated annual fuel cost would be approximately $1,750.
  
  

Maintenance and Repair Costs

For a Lincoln MKZ, annual maintenance and repair costs are typically around $8,378 during the first 10 years, or about $840 annually. As the vehicle ages, repair costs might increase. Newer models generally have lower maintenance costs initially, thanks to manufacturer warranties and the use of new parts, but advanced technology can become expensive to repair and replace after warranties expire.

Well-maintained pre-owned MKZs, especially those that are certified pre-owned, can offer reliable performance with a lower risk of high-cost repairs.

Financing Your Lincoln MKZ at Easterns Automotive

Financing your Lincoln MKZ at Easterns Automotive is a seamless and stress-free experience. With our flexible financing options, we cater to a wide range of credit profiles, ensuring you can find a financing solution that fits your situation.

We’re the pre-owned auto dealership “Where Your Job Is Your Credit”, ensuring that your financial history does not stand in the way of owning a luxury vehicle.

Looking for a Pre-Owned Lincoln MKZ? Easterns Automotive Is the Dealership For You!

If you’re considering purchasing a pre-owned Lincoln MKZ, Easterns Automotive in Virginia, Maryland, and Washington D.C. has you covered.

With a wide selection of high-quality pre-owned vehicles and flexible financing options, we make it easy to drive away in the car of your dreams. Start by visiting our online inventory or giving us a call at (240) 200-5256.