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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Ag Chat with Kristin Smith - June 18
ALTOONA, Wis. (WEAU) -- We've all heard about the ecoli and ... Over 38,000 people that were interested and applied for Wisconsin's first ever managed elk hunt. And now, the Department of Natural Resources has selected the four lucky hunters and they ...
American Legion baseball: A's manage split in Wisconsin
HOLMEN, Wis. — The Rochester A’s split a pair of road games in Wisconsin in American League baseball on Saturday. The A’s opened with host Holmen and dropped a 4-2 contest. The A’s then responded with an 8-4 victory over Altoona to improve to 3-1 ...
La Crosse area roundup: La Crosse Logan's CJ Siegel scored 23 in D2 All-Star game; Bangor's Luke Reader has 23 in D5 game
WISCONSIN DELLS, Wis. — Logan High School graduate CJ Siegel ... Cornforth allowed two runs over 5⅔ innings against Rochester, and Reichert tossed five shutout innings against Altoona. Eau Claire scored three runs in the third inning en route to ...
Gather for a Party on the Prairie
When Wisconsin enters its too-few months of warmth and sunshine, it’s time to take the party outside. Which parties? All of them. The new River Prairie Park off Front Porch Place in Altoona offers seven outdoor locations to host weddings, graduation ...
Ag Chat with Bob Bosold - June 15
ALTOONA, Wis. (WEAU) --The 89th Wisconsin FFA Convention wrapped up yesterday morning in Madison with the naming of the new state President. And that is Amelia Hayden of the Big Foot FFA chapter in southern Wisconsin. Her main advisor is Lisa Mullen Konkel ...
Donald “Don” L. Davis
A Memorial Service will be held at Kingdom Hall of Jehovah Witness on June 23, 2018 at 3PM. Cremation Society of Wisconsin, Altoona is assisting the family. Online condolences may be shared at www.cremationsociety-wi.com.
'We laugh, we talk and we cry': Weekend event benefits northwest ALS support group
Stepping off from the Northern Wisconsin State Fairgrounds in Chippewa Falls at 1 ... the man with the beautiful voice who grew up in Altoona and had plans to travel with his wife. He was 65. Sue and Sean each had Jim’s ashes tattooed on them in the ...