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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TOWN OF SPRING BROOKREGULAR MEETING
The hall is located at N3519 810th Street; (rural) Elk Mound, WI.Mary L. Strand, ClerkTown of Spring Brook715-664-8545WNAXLP 12/5 #11999
Doctors around Elk Mound, WI: Doctors Around Elk Mound
AARP offers tools to answer your health care questions, to help manage your health information and to help you learn about medical conditions, symptoms and procedures. Start now by selecting a tool be...
AARP Events Around Elk Mound
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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 ...
Rollover Crash Injures Minnesota Man On I-94 In Wisconsin
ELK MOUND, WI — A 31-year-old Minnesota man was seriously injured in a rollover crash in Wisconsin early Monday morning after the vehicle he was driving struck the rear of a semi-trailer while on Inte...
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 ...
Icons of Dunn County - ‘Castle’ still stands tall over Elk Mound
NEW INFORMATION: Benefit fund set up for victims of Elk Mound fire
They can be sent to this address: Independence State Bank P.O. Box 325 Elk Mound, WI 54739 The Elk Mound branch of the bank is the only one accepting donations for the fund. The house fire happened ea...
Read all about it: Library service opens in Elk Mound
The Elk Mound Satellite Library held its grand opening on Tuesday ... Book orders can be made through www.more.lib.wi.us, where the library catalog can be found. The library service location will be o...