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 Three Creative Promotions For Used Car Dealers ARGO Frontier 8×8 Ridgeland WI 54763 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 Ridgeland WI 54763 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 How to Choose a Reputable Used Car Dealer ARGO Frontier 8×8 Ridgeland WI 54763 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 Ridgeland WI 54763 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 Ridgeland WI 54763 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 Ridgeland WI 54763 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.
Business Results 1 - 10 of 14
Ridgeland WI - BingNews Search results
Police reports: Man enters Oak Park home, hits resident in head with a frying pan, then runs off
Aubrey Jones, 23, of the 2300 block of South Kirkland Avenue, Chicago, was charged with criminal trespass to vehicle at 11:26 a.m. Oct. 17 following an incident in the 800 block of Wisconsin Avenue .. ...
Ridgeland man accused of child molestation
This option gives you access to read as many articles as you wish for one full day (24 hours) on apg-wi.com. Access to e-editions is not included. Does not renew. Gives you full access to APG-WI.com e...
Townhomes & Condos For Sale in Oak Park, Illinois - Sept. 2018
Chicago is an 18 unit condo building. 301 W. Chicago is located in Oak Park, Illinois 1 block east of Ridgeland. 317 Wisconsin - 1 home for sale 317 Wisconsin Avenue is a 10 unit condo building. 317 W...
From the files: Ridgeland's Labor Day fair lauded as best
They are all getting along nicely at this writing. Living up to the reputation of being the “best little fair in Western Wisconsin” the annual Ridgeland fair will be held on Labor Day. “Fair Day” at R...
On July 21, 1953, Ellen married Alfred Frederick Luer from Ridgeland, WI, at the Holden Lutheran Church. Ellen stayed home to raise their five children. Together, Ellen and Alfred managed the Peterson ...
WI. Arnie was born on March 6, 1926 to Hans and Pauline (Nelson) Mork in Ridgeland, WI. At the age of 10 he moved to Menomonie. He graduated from Menomonie High School in 1944. After graduation, Arnie ...
United Poultry Concerns Asks Ridgeland, Wisconsin to Drop Chicken Toss
MACHIPONGO, Va., Jan. 30, 2018 /PRNewswire-USNewswire/ -- United Poultry Concerns is joining Wisconsin-based Alliance for Animals in urging the village of Ridgeland, Wisconsin to cancel their February ...
LaVern R Harnisch
AMERY, Wis. — LaVern R Harnisch, 90, of Amery, formerly of Ridgeland, WI passed away Thursday, Nov. 17, 2016, at Golden Age Manor. LaVern (Gopher) Harnisch was born September 26, 1926 in Menomonie to ...
Citizens Community Bancorp, Inc. Closing Two Branch Offices to Streamline Operating Efficiencies
The branches are located in Lake Orion, Michigan and Ridgeland, Wisconsin. We are optimistic, based on the proximity of our other locations, that we will retain many customer relationships because of ...