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 Benefits of Buying From Used Car Dealerships Chevrolet Colorado Z71 Fall Creek WI 54742 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 Chevrolet Colorado Z71 Fall Creek WI 54742 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 Choosing A Used Car Dealer or Private Seller Chevrolet Colorado Z71 Fall Creek WI 54742 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 Chevrolet Colorado Z71 Fall Creek WI 54742 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 Chevrolet Colorado Z71 Fall Creek WI 54742 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 Chevrolet Colorado Z71 Fall Creek WI 54742 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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A listing of home and garden events for the Milwaukee area (Fall 2018 edition)
(262) 375-3676; www.cedarburgculturalcenter.org Daylily Society of SE WI: Meeting and "Basic Tree Care" program ... Forest Home Cemetery: A Walk in Milwaukee History: Fall Colors walking tour, 2 p.m. ...
Car Wash To Help Fund Tiny Homes For Veterans
CUDAHY, WI -- Students and teachers ... alternative school for the Oak Creek-Franklin Joint School District. Over the past two years, the center has held a fall car wash to help the Veterans ...
Fall can be a fun time to paddle your way through the Region
“It’s totally populated by a canopy of native trees including maples, which are great for fall colors.” Gina Darnell ... It also intersects with Trail Creek in LaPorte County, an easy paddle because o...
Don't pass through the Buckeye State without a trip to beautiful Hocking Hills State Park
Level, it seemed, until both trail and creek abruptly vanished, swallowed up by a hole in the earth. Going: Fly to Columbus, Ohio, drive southeast on U.S. 33 to Lancaster and Logan. Staying: The Inn & ...
Most of the Columbia River closing to salmon and steelhead fishing
Tweit said the upriver fall chinook run provides the bulk of the harvest opportunity ... Mobilization specialists from the fire protection bureau have ordered three wi... GLADE CREEK: As of 11 a.m Sun...
Fall Creek community unites to bring veterans memorial to town
Donations for the memorial can be sent to St. Pauls Lutheran Church in Fall Creek (721 S State St, Fall Creek, WI 54742) at contact the office at (715) 877-2117 with any questions.
Fall Creek man who exposed kids to meth gets probation
EAU CLAIRE, Wis. — A Fall Creek man will spend three years on probation for exposing his two young children to significant methamphetamine useat his former Eau Claire residence. Kodie E. Leikness, 26, ...
Fall Creek, WI cheese company to cut staff
MADISON (WKOW) -- The Wisconsin Department of Workforce Development announced Monday that Imperia Foods of Fall Creek, Wisconsin will cut 60 jobs at its cheese slicing facility. The parent company of ...