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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NOTICE TOWN OF ELK MOUND BOARD OF REVIEW
Elk Mound, WI The OPEN BOOK At which the assessment roll will be open for public inspection Will be held on Thursday, June 14, 2018 From 12:00 p.m. to 2:00 p.m. at the Elk Mound Town Hall N6299 906th Street, Elk Mound, WI Please be advised of the following ...
Check out the 2018 Wisconsin Dairy Breakfasts
June 2: Dunn County Dairy Breakfast The breakfast will be held from 7 to 11 a.m. at Jenson Family Farm, E9859 County Road M, Elk Mound, Wisconsin ... Visit fair.co.richland.wi.us or contact 608-585-3362 for more information. June 10: Town & Country ...
Robert E. Moats, 84, of Elk Mound, died peacefully at Comforts of Home in Menomonie, WI, on Monday, May 7, 2018. Robert was born on October 18, 1933, to Bert and Alma (Adams) Moats in Eau Claire. He married Alene Aubart on January 6, 1954, in Charlston ...
Eau Claire Marathon: Half-Marathon Results
Henry Woloszyn M 22 Madison WI 1:24:51; 13, Stephanie Cloutier F 27 Elk Mound WI 1:25:20; 14, Austin Hackney M 24 Pewaukee WI 1:25:27; 15, Ryan Gruhlke M 37 Chicago IL 1:26:44; 16, Ethan Genteman M 28 Minneapolis MN 1:26:52; 17, Nikolas Pardoe M 20 Black ...
Good Samaritan helps save Elk Mound family from burning house
Elk Mound (WQOW) --A house fire in rural Elk Mound left a family without a roof over their head on Wednesday. The Chippewa Fire District was dispatched to the home on 30th Street around 5:45 p.m. Fire officials said five people were in the home at the time ...
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 local law enforcement to explain to students just how seriou ...
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 High School ... at cesa11.k12.wi.us.