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 Tips on Buying A Used Vehicle Lexus IS 250 Colfax WI 54730 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 Colfax WI 54730 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 Choosing A Used Car Dealer or Private Seller Lexus IS 250 Colfax WI 54730 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 Colfax WI 54730 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 Colfax WI 54730 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 Colfax WI 54730 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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Obituaries: Hammer, Kuntz, Steele
Duffy-Pils Memorial Home, Colfax is in charge of arrangements ... and Ben Steele (Jen) Milwaukee, Wisconsin; and great grandchildren Elise Steele Edenfield and Ian Steele Edenfield, Oak Park. She was preceded in death by her parents, husband, brother ...
Harry Halvorson Obituary
Halvorson, Harry E. Passed away on December 17, 2013 at his home in Colfax, WI. Harry was born in North Menomonie, WI on November 2, 1923 to George Halvorson and Katherine (Dietsche) Halvorson. He joined the U.S. Navy in 1942 & served on the USS Otis & USS ...
Nice price of land across from the Red Cedar River and trail. 905260.....CALL KAREn ..... $35,000 5 ACRES Lot 3 630th StREEt CoLfAx, WI MoDERn LoG hoME on 20 WooDED ACRES - CoLfAx 24.65 ACRES hUntInG LAnD 997th AvE - WhEELER 1511103 ...
State of Wisconsin Circuit Court Dunn County Branch 1 NOTICE
Andrew C. Loofboro aka Andrew Loofboro N13321 County Hwy M New Auburn, WI 54757 Defendants Kari Loofboro aka Kari J Loofboro 523 Main Street Apt 5 Colfax, WI 54730-9083 Defendant Marshfield Clinic 1000 N Oak Avenue Marshfield, WI 54449 Defendant Dunn ...
UPDATE: Couple sought in western Wisconsin shooting arrested
(AP) -- Two people suspected in a weekend shooting in northwestern Wisconsin are under arrest ... The 48-year-old man from rural Colfax was shot in the leg. Authorities haven't provided any motive for the shooting but say the victim and the suspects ...
Age 96, of Colfax, WI Died on March 26, 2018 LaVonne Meredith Souther, age 96, died peacefully on Monday, March 26, 2018, at Morning Song Villa in Menomonie, WI. Born December 2, 1921, daughter of Willard E. and Frances C. (Lytzen) Lorenz in Osseo ...
Rita Simpson of Menomonie won the Sophomore Research Fellowship from the University of Wisconsin-Madison in the spring of 2018. Simpson is majoring in Nursing. Kori Buchanan of Colfax and Marianne Scharlau of Elk Mound were named to the Dean’s List at ...