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 Lexus IS 250 Altoona WI 54720 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 Lexus IS 250 Altoona WI 54720 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 Lexus IS 250 Altoona WI 54720 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 Lexus IS 250 Altoona WI 54720 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 Lexus IS 250 Altoona WI 54720 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 Lexus IS 250 Altoona WI 54720 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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Windsor delivers vs. hometown team
This was Windsor’s most productive game of the season, one that he says was motivated by the prospect of committing to Penn State over Wisconsin, and getting a chance to play against the team from Mad...
WI arts & crafts store taking donations for quilts for families of Girl Scout victims
If you don't have the fabric, the store asks you to stop by and pick up the cut block kits. Once completed, you can drop off the quilt at 913 S. Hillcrest Pkwy in Altoona, WI.
Ag Chat with Scott Schultz - November 7
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Gov. Walker makes campaign stop in Altoona; discusses pre-existing conditions & more
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While You Weren’t Looking: 5 stories from the Trump administration that aren’t about the caravan
Then-nominee Donald Trump is welcomed to the stage by Wisconsin Governor Scott Walker during a campaign rally at the W.L. Zorn Arena Nov. 1, 2016 in Altoona, Wisconsin. Walker ran for the ...
Dr. Austin Crow
Dr. Austin Crow is an orthopedic surgeon in Altoona, Wisconsin. He received his medical degree from Saint Louis University School of Medicine and has been in practice between 6-10 years. Orthopedic su...
AARP Events Around Altoona
There are no AARP events currently scheduled. Check out things to do around Altoona or visit our [email protected]+ for webinars and other online events. Is there an event that we should know about? Share it w...
Grand jury declines to indict deputy who fatally shot man
IT HAPPENED IN ALTOONA ON JULY 17 DEPUTY RYAN PHILLIPS PULLED OVER ISAIAH HAYES OF WISCONSIN, BUT HAYES SPED OFF. DEPUTIES REPORTED THAT WHEN HE FINALLY STOPPED AGAIN, HE APPEARED TO HAVE A WEAPON, AN...