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 Choosing A Used Car Dealer or Private Seller GMC Sierra K1500 SLE Augusta WI 54722 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 GMC Sierra K1500 SLE Augusta WI 54722 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 Tips on Buying A Used Vehicle GMC Sierra K1500 SLE Augusta WI 54722 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 GMC Sierra K1500 SLE Augusta WI 54722 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 GMC Sierra K1500 SLE Augusta WI 54722 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 GMC Sierra K1500 SLE Augusta WI 54722 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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Knopf, Dorothy Bartlett
She was born on April 22, 1926, in the town of Coloma, the daughter of Orval and Augusta Bartlett. Dorothy was baptized ... where she worked for the H.C. Prange Company, Wisconsin Department of Natura...
NOON INTERVIEW: Visit the Farm: Karow Farms in Augusta
and also Connecting to Wisconsin Agriculture. The public also has a chance to enter a dairy baking contest. We will also have kids activities and door prizes. The Augusta FFA Alumni, Eau Claire County ...
Here's Best Cities In GA For Raising A Family
AUGUSTA, GA — A new study on the best places to raise a ... The best place to raise a family is apparently Madison, Wisconsin, the state's capital and home of the University of Wisconsin. The city has ...
Karows open farm to share agriculture’s story
10 p.m. Dianne Deaton Vielhuber will discuss “Connecting to Wisconsin Agriculture” at 2:25 p.m. And baking contest and judging contest winners will be announced at 3 p.m. To get to the farm from Highw...
BABC programs show well on the national scene
The juniors (2019) advanced to the Final 8 of the AAU Gold Division Super Showcase losing to eventual champion Phenom U from Wisconsin,73-70 ... went 58-6 and won both the Peach Invitational in August...
Irene Augusta 'Gus' Nowak
EVANSTON, IL - On August 3, 2018, while listening to Nat King Cole sing 'Stardust,' Irene Augusta (Gus) Nowak passed away in Evanston, IL, surrounded by members of her family. Born in Gary, IN, on Aug...
A collector for the ages: Patron and writer Elizabeth Willis DeHuff
Elizabeth Willis was born in Augusta, Georgia, probably in 1886 ... Fred Kabotie, Otis Polelonema, Velino Herrera (also Velino Shije and Ma-Pe-Wi) were some of the boys who, as a result, started to pa...
UPDATE | Sentencing hearing for NSA leaker set
AUGUSTA, Ga. (WRDW/WAGT) -- A local government contractor ... Texas, Virginia, Washington, and Wisconsin. The subpoena will also cover companies. Those included are TrendMicro, Inc., FireEye, Inc., Es...
17 Wisconsin cities that share a name with bigger and better-known places
... There’s probably at least two other American cities called Augusta that you know better than this roughly 1,500-resident Eau Claire County city. But do you know what Wisconsin’s Augusta has that t...
She was baptized into the Lutheran faith and confirmed at the Lutheran Church in Little Falls, WI. Helen attended school in Deer Park, New Richmond, and graduated from Augusta High School. She was a g...