The Lincoln brand has fared quite well in several recent studies, earning a first-place ranking for both interior layout and driving comfort in the luxury segment of Kelley Blue Book’s Q2 Brand Watch report, while brand consideration remained steady in the previous quarter, too. Regardless, Lincoln’s average transaction pricing actually decreased in July, bucking an overall rise among all luxury and mainstream brands. This isn’t all the good news recently bestowed on the Lincoln brand, however, as it was also ranked third by luxury buyers in terms of affordability, according to KBB’s most recent Brand Watch report.
In Q2, affordability ranked as the fifth most important factor driving luxury consideration among buyers with a score of 54 percent, which makes it quite critical in the grand scheme of things. Thus, this is a solid showing for the Lincoln brand, which was preceded only by Cadillac and Genesis in terms of affordability, marking its third top-three ranking on this most recent list.
While driving comfort and interior layout are categories that Lincoln has long received high marks for in KBB’s Brand Watch report, affordability is something relatively new in terms of a category that Lincoln has appeared in, as luxury buyers have traditionally sought out other brands for that quality.
The Kelley Blue Book Brand Watch report is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to a consumer’s buying decision. KBB produces a separate Brand Watch report for non-luxury and luxury brands each quarter. Beginning in Q1 2022, the methodology includes surveying both mobile and desktop users instead of only desktop users.
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Comments
I have my 5th Lincoln MKX & each one has more changes, but not for the best, but each one is a change just to make changes & they keep getting worse. what is wrong with thoswe engineers ????
why are we asked for comments 3 different tinmes ????
As an owner of a 2018 Lincoln Navigator Reserve L, we did not purchase it solely on affordability but appeal after having driven other luxury Suvs. First and foremost it addressed my wife’s business needs as product and display equipment transporter. In terms of appeal we were impressed by the comfort, space, interior design, handling, durability, drive, quietness. A bunch of safety features sealed it for us. Gas consumption while a concern never actually entered into the purchase or retention equation. We felt its ownership did not warrants fuel consumption haggling. We love the Navigator and are looking to upgrade soon.