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 Used Car Dealers – Tricks and Deceptions Chevrolet Equinox LT Durand WI 54736 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 Equinox LT Durand WI 54736 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 The Best Used Car Dealers From the Movies Chevrolet Equinox LT Durand WI 54736 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 Equinox LT Durand WI 54736 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 Equinox LT Durand WI 54736 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 Equinox LT Durand WI 54736 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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High school football: Racine Lutheran doesn't allow anything extra in playoff win
The Crusaders next will head to southwestern Wisconsin for their second-round ... coach of No. 2 seed Waterford. Mike Durand closed out the Waterford scoring with a season-long 35-yard field ...
Great Pumpkin Chuckin' Fest This Weekend
WI -- The annual Great Pumpkin Chuckin' Fest will be held from 10 a.m. to 8 p.m. Saturday, Oct. 20, and from 10 a.m. to 5 p.m. Sunday, Oct. 21 at the Racine County Fairgrounds, 19805 Durand Ave.
Teenager Arrows Wisconsin Whopper
Weiss is the owner/broker of Weiss Realty located in Durand, Wisconsin. His 240-acre Buffalo County property that he and his family manage produced the world-class buck. What you didn’t know while rea...
Bertram Capital backs Best Version Media
including Bertram Labs,” noted Dave Durand, CEO of BVM. “BVM is one of the fastest growing private companies in Wisconsin and among the fastest growing publishing companies in the United States. Throu...
Wisconsin roundup: Walker says a third term would be his last; more state news stories
School officials thank students for reporting online threats Durand-Arkansaw School District officials are ... Kind calls on Congress to pass farm bill, stalled legislation Wisconsin Congressman Ron K...
She was born March 27, 1921 in Durand, Wisconsin to Raymond and Jennie (Stanton) Vradenburg. Lucille was raised in rural Durand on her family’s farm, attended school in Durand, and was employed at the ...
Vern M. “Joe” Bien, 91, of Eau Claire, WI, died on Sunday, June 24, 2018, at Mayo Clinic Health System in Eau Claire, surrounded in the love and prayer of his family. He was born on November 30, 1926, ...
James C. "Jim" Wise
A special thank you to his friends for their support and prayers. Born October 8, 1949, in Beloit, WI, the son of Mr. and Mrs. Clifford and Doris (Haas) Wise. He grew up in Durand, IL. Graduated from ...
Dorothy V. Schwartz
Schwartz 1916—2017 Dorothy V. Schwartz, 101, of Rockford, IL, formerly of Durand, IL died at 3:05 p.m. Thursday, September 28, 2017, in Wesley Willows. Born February 15, 1916, in Rock County, Wisconsi...
Drunk Driving Crash Suspect Causes 4-Car Pileup on Durand
MOUNT PLEASANT, WI — A 48-year-old Illinois man accused of driving drunk ... officers from the Mount Pleasant Police Department were dispatched to the intersection of Durand Av. and Oakes Rd. in refer...