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 Four Reasons To Buy From A Used Car Dealer Chevrolet Silverado K1500 LT Chippewa Falls WI 54729 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 Silverado K1500 LT Chippewa Falls WI 54729 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 Approach Used Car Dealers Chevrolet Silverado K1500 LT Chippewa Falls WI 54729 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 Silverado K1500 LT Chippewa Falls WI 54729 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 Silverado K1500 LT Chippewa Falls WI 54729 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 Silverado K1500 LT Chippewa Falls WI 54729 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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Unrelenting rain relief expected: Chippewa Falls experiences minor storm damage, flooding
Chippewa Falls began cleanup from minor flooding and storm damage Monday, after Father’s Day weekend storms wreaked havoc on northern Wisconsin. Minor flooding has crept its way into Riverfront Park, while the Chippewa River exhales after a weekend where ...
Royal Credit Union announces new Branch Manager in Hudson & River Falls
EAU CLAIRE, WI (June 18, 2018) — Royal Credit Union (Royal) has named Carrie Snyder Branch Manager of the Hudson and River Falls offices ... Buffalo, Burnett, Chippewa, Clark, Douglas, Dunn, Eau Claire, Jackson, Lincoln, Marathon, Pepin, Pierce, Polk ...
WBCA All-Star Games
Division 5 North – Hayden Baughman, Chippewa Falls McDonell Central; Ian Gibbs, Port Edwards; Joe Grundhoffer, Wisconsin Rapids Assumption; Drew Haffner, Gresham; Jonah Kahl, Turtle Lake; Ryan Mahoney, Suring; Nicholas Malovrh, Columbus Catholic ...
First farmers market draws artists, farmers, book lovers
Several new vendors helped kick off the first Chippewa Falls Farmers Market of the season on a sunny ... live music and an Elk Mound farm that puts a spin on one of Wisconsin’s favorite foods. The market will run noon–6 p.m. Thursdays until mid-October.
Additional charges filed against homicide suspect
CHIPPEWA FALLS, WI (MetroSource-WSAU) A Holcombe man charged with killing another man in Rusk County is facing additional charges. Preston Kraft appeared in Chippewa County court Tuesday on new counts including second-degree recklessly endangering safety.
Nordson Appoints Dan kustin as Regional Sales Manager for EDI® Dies in U.S. Southwest and Latin America
CHIPPEWA FALLS, WI, U.S.A., June 12, 2018: Dan Kustin has joined Nordson Corporation as regional sales manager for the U.S. Southwest and Latin America. He will be responsible for EDI® polymer extrusion and slot coating dies and Premier™ fluid coating dies.
State's top senior softball players to compete in Wisconsin Dells on Tuesday
The state’s top high school softball players from the class of 2018 are meeting in Wisconsin Dells Monday and Tuesday ... Kaylee Frenette, Chippewa Falls; Hayley Chapman, Eau Claire Memorial; Amber Mussey, Milton; Autumn Olson, Chippewa Falls; Brooke ...
Support group hosts ALS Walk and Wheel-A-Thon in Chippewa Falls
Chippewa Falls (WQOW) - Hundreds of people made their way to the Northwest Wisconsin State Fairgrounds in Chippewa Falls on Sunday, to walk and wheel for a cure. The Amyotrophic Lateral Sclerosis, or ALS, Support Group of Northwest Wisconsin hosted the ...
State softball: Burlington beats Chippewa Falls to win state quarterfinal
The third baseman hit a three-run home in a five-run first inning and the Demons went on to a 9-1 victory over Chippewa Falls in a WIAA Division 1 quarterfinal Thursday. The game was played at the Goodman Diamond on the University of Wisconsin campus in ...
UPDATE: 6 people injured in Chippewa Falls apartment fire
CHIPPEWA FALLS, Wis. (WEAU)--Six people are hurt ... Several agencies responded, including the West Central Wisconsin Hazardous Materials Response Team. We will bring you more information as we get it.