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 Car Dealers For New and Used Cars ARGO Frontier 8×8 Elk Mound WI 54739 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 ARGO Frontier 8×8 Elk Mound WI 54739 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 Benefits of Buying From Used Car Dealerships ARGO Frontier 8×8 Elk Mound WI 54739 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 ARGO Frontier 8×8 Elk Mound WI 54739 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 ARGO Frontier 8×8 Elk Mound WI 54739 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 ARGO Frontier 8×8 Elk Mound WI 54739 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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Wisconsin man killed when tire being pumped hits his head
While the tire was being inflated, the tire depressurized, and the escaping air launched the tire and rim into the man’s head. The man died at the scene. The sheriff’s office has identified the victim ...
Buckshot Run: 5-mile finishers
Josh Becker M 18 Osseo WI 27:40; 4, Tim Kubetz M 26 Loveland CO 28:23; 5, Cole Cloutier M 26 Elk Mound WI 29:12; 6, Tom O’Rourke M 44 Duluth MN 29:55; 7, David Writz M 35 Eau Claire WI 29:59; 8, Rebek...
Buckshot Run: 2-mile finishers
Susan Rud F 45 Mondovi WI 14:10; 19, Michelle Brost F 48 Elk Mound WI 14:15; 20, Nick Pathos M 53 Eau Claire WI 14:17; 21, Charlotte Willems F 11 Eau Claire WI 14:17; 22, Kristin Mikula F 47 Chippewa ...
Karen A. Farnsworth
Karen A. Farnsworth, age 69, of Elk Mound, WI, passed away Sunday, July 15, 2018,at her home in Elk Mound, WI. Karen Ann Walker was born September 13th 1948 in Mulberry AR, the daughter of Raymond Wal...
Elk Mound talks to students about consequences of bomb threats
ELK MOUND, Wi. (WEAU)--Whether it's personal, legal, or educational, the consequences behind initiating a bomb threat are no joke. That's why the Elk Mound School District decided to partner with loca...
Keys to Success conference comes to Elk Mound
The 18th annual Keys to Success Conference for parents, educators and service providers of children ages 3-21 with special needs will be held from 8 a.m. to 2:45 p.m. on Saturday, Nov. 4, at Elk Mound ...
Addell Louise (Halverson) Dahlen
Dahlen, Addell Louise (Halverson) born August 8, 1921 to Hjalmer and Lillian (Kohnke) Halverson of Elk Mound, WI, died on June 2, 2017 in Minneapolis, MN. She was preceded in death by her husband Karl ...
2 horses die after falling through pond ice near Elk Mound
ELK MOUND, Wis. (AP) -- Two horses died when they escaped their enclosure and fell through the ice on a nearby pond near Elk Mound. The Dunn County Sheriff's Office says the horses succumbed to cold, ...
Fire destroys mobile home in Elk Mound
Elk Mound, Wi - Fire crews and The American Red Cross responded to a fire in Elk Mound on Thursday night. A mobile home, at E9946 County Highway C, was destroyed in the blaze. Two adults and two child...