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.
Augusta WI - BingNews Search results
Recent announcements from State Green Parties
The Wisconsin Green Party will be hosting a Campaign Training ... The Maine Green Independent Party will hold their 2018 Annual Convention on Sunday May 6th in Augusta. Votes will be taken on updated bylaws and the state platform, along with nominations ...
One dead in incident at 8th and Augusta
WAUSAU, WI (WSAU) -- One man is dead in what appears to a suicide in a home near the intersection of 8 th Street and Augusta Avenue on Wednesday. Wausau Police Chief Ben Bliven said his team had been trying to make contact with the man for about a day ...
Police on scene of incident on Wausau's eastside
Wausau Police are asking people to avoid the area of 8th Street and Augusta Avenue on the eastside due to an ... to mount over proposed cuts to several programs at University of Wisconsin-Stevens Point.
Residence Inn by Marriott in Orlando, Florida Opens Near Universal Orlando
Located at 5616 Major Boulevard, the all-suite Residence Inn Near Universal Orlando will operate as a Marriott franchise, owned by Southeastern Development, a full service real estate development firm based in Augusta ... complimentary Wi-Fi, 24-hour ...
Augusta, WI (54722)
<img class="styles-A54tP4F3__noscript__12c_l" src="https://dsx.weather.com/util/image/map/DCT_SPECIAL105_1280x720.jpg?v=ap&w=320&h=180&api=7db9fe61-7414-47b5-9871-e17d87b8b6a0" srcset="undefined" >
John Von Haden
John Owen Von Haden, 76, of Augusta, WI, died Wednesday, Jan. 10, 2018 at the Veterans Home in Chippewa Falls. John was born Sept. 26, 1941 to Kathryn and Adolph Von Haden. He attended Dells Country School and graduated from Augusta High School in 1960.
Susan Lynn Koch
Susan was born on January 22, 1947 and passed away on Thursday, January 11, 2018. Susan was a resident of Augusta, Wisconsin at the time of passing. A private family memorial service will be held with Pastor Roger Rohde officiating. In lieu of flowers ...
People can now use free Wi-Fi in downtown North Augusta
NORTH AUGUSTA, S.C. (WRDW/WAGT) -- As more people head downtown, North Augusta wants to give them more access and keep people in the downtown. "For some time city council has been focusing on downtown and today is a great announcement that we think will ...
North Augusta has free Wi-Fi downtown
Just in time for the Jack-O-Lantern Jubilee, North Augusta has free Wi-Fi downtown. The new service is being provided free by Spirit Communications over an area that stretches from the Municipal Center to the churches –First Baptist and Grace United ...