At some point in time, nearly everyone will purchase a vehicle. When they do, they find that there are millions of options. Last year, more than 54 million automobiles were sold. Of those, about 40 million were pre-owned. Here are four reasons why people should choose a used car dealer over a new one.
Studies show automobiles that are purchased new are driven for about seven years, on average. Those purchased used How to Choose a Reputable Used Car Dealer Acura TL AWD Altoona WI 54720 are driven for about five years. Using the average depreciation rates for automobiles today, a vehicle would be worth approximately 20% of its original value after seven years. By shopping with a used car dealer, customers avoid the massive depreciation that all undriven models suffer from. A pre-owned auto will depreciate as well, but not to the same extent.
The average cost for an undriven automobile is roughly $32,000, compared with $15,000 Acura TL AWD Altoona WI 54720 for a pre-owned model. Much of the difference in cost, as discussed above, is due to depreciation. The instant an undriven vehicle leaves the company’s lot, it loses almost 10% of its value, simply because it is no longer considered mint. If one vehicle costs 10% less than another, and the only difference is a few miles on the odometer, the cheaper option will always win.
Similar Safety Features
In decades past, purchasing a Tips on Buying A Used Vehicle Acura TL AWD Altoona WI 54720 new vehicle might get the consumer enhanced safety features such as airbags, anti-lock brakes, or skid control. These days, all cars come standard with air bags and anti-lock brakes. Skid control is standard with select manufacturers. As long as you don’t buy a model that is too old, your auto will be every bit as safe as the latest model.
The old adage is that you should never repair a damaged vehicle Acura TL AWD Altoona WI 54720 if the cost is more than half of the auto’s value. So, when a costly repair came around, people would buy a fresh model. However, with the increase in competition between domestic and foreign markets in the 80s and 90s, all models have become more reliable. Since 1995, when studies began, the average age of cars on the road has steadily increased. Today, of the 250 million cars in the U.S., the Acura TL AWD Altoona WI 54720 average age is 11.7 years. Consumers expect automobiles to last, and they purchase them for their reliability. As a result, there is a plethora of reliable, quality models available from any used car dealer.
In conclusion, the choice between new and pre-owned vehicles is an easy one. An auto from a used car dealer will give you the same level of reliability and safety as new cars. Pre-owned vehicles, on average, cost less Acura TL AWD Altoona WI 54720 than half the price of new ones and depreciate significantly less. If you are interested in getting the same features as a new auto, but for less money, then the pre-owned market is for you.
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ACLU Targeting Wauwatosa Panhandling Law
WAUWATOSA, WI -- Eight Wisconsin cities ... National Law Center on Homelessness and Poverty sent letters Tuesday to Altoona, Glendale, Mequon, Racine, Superior, Shorewood and Wauwatosa.
American Red Cross: What it takes to become a volunteer
ALTOONA, Wis. (WEAU) -- More than 30 volunteers from Northwestern Wisconsin have been sent out with the American Red Cross to help provide relief as Hurricane Florence is poised to hit the Southeast C...
Chippewa Valley Red Cross volunteers to help with hurricane relief
Altoona (WQOW) — Area Red Cross volunteers ... executive director of the Northwest WI American Red Cross. Kriegl also said the Red Cross has resources, so those impacted, or their family ...
Women of iron: Altoona sisters conquer fatigue, pain in Madison at Ironman Wisconsin
The 2.4-mile swim during Sunday’s Ironman Wisconsin in Madison went well for Heather Peterson, but almost immediately after she hopped onto her bike to embark on a 112-mile ride she felt stabbing pain ...
WI school district bans snacks to share with classmates
(WEAU) --Classroom birthdays and parties are looking very different in one Wisconsin School District ... wellness and safety for medical conditions or allergies. Locally, Altoona's Middle School princ...
ACLU of Wisconsin challenges Altoona's anti-panhandling laws
The American Civil Liberties Union is going after the City of Altoona for its panhandling laws. The ACLU of Wisconsin is demanding eight Wisconsin municipalities repeal panhandling bans. Karyn Rotker, ...
WI distributing $3.25M in mental health grants, Altoona & Chippewa Falls included
Madison (WQOW) - The State of Wisconsin has announced 64 districts will be receiving more than $3 million in mental health service grants, and the list includes a number from our area. State Superinte...
Eau Claire Marathon: 5K Results
1, Kevin Hall M 31 Madison WI 15:39; 2, Erik Brandner M 31 Eagan MN 18:00; 3, Bradley Simmons M 31 Chicago IL 18:04; 4, Samuel Fisher M 35 Altoona WI 18:25; 5, Dan Lacroix M 25 Dubuque IA 19:16; 6, Ke...