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.
Colfax WI - BingNews Search results
Athlete of the Week: Colfax’s Mikaela Leibfried, powerlifting phenom
COLFAX, Wis. (WEAU) --She may be small ... Now, Mikaela is a 114-pound powerlifting Wisconsin state champion. She's a beast in the weight room, but powerlifting wasn't always high on her list of to-dos. "I played softball until this year.
Colfax, WI (54730)
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Region at a glance
They each also have to pay $6,000 civil penalties and do 40 hours community service in Wisconsin WSU student pleads guilty to bomb threats at dorm COLFAX, Wash. (AP) — A former Washington State University student arrested in connection with a series of ...
Agnes B. Holte
Agnes was born on June 4, 1930 and passed away on Friday, March 2, 2018. Agnes was a resident of Colfax, Wisconsin at the time of passing. A funeral service will be held at 12 p.m. on Wednesday, March 7, 2018, at Sampson Funeral Home, 1017 Railroad Ave ...
Phyllis J. (Olson) Williams, 88, of Colfax, WI, passed away peacefully surrounded by family on Friday, February 2, 2018, at Mayo Clinic Health System Hospital in Eau Claire, WI. Phyllis was born in Colfax, WI, on September 17, 1929, to parents Ole and ...
Violet M. Muhlenbeck
2018 at the Nursing and Rehabilitation Center in Colfax, WI. She was born on October 11, 1927 in North Cape, WI: daughter of Charles and Frances (nee: Henger) Kuhn. Violet was a long-time resident of Union Grove, WI, until 2015 when she moved to Bloomer ...
Colfax resident George Dickerson revealed as $1 million Powerball winner
The Iowa Lottery announced Friday Colfax resident and business owner George Dickerson is the winner of last week’s $1 million Powerball jackpot. Dickerson purchased the ticket at the Kum & Go at 1200 N. Walnut St. in Colfax. Dickerson appeared live ...
More women entering dairy industry in Wisconsin
COLFAX, Wis. — America's dairy land is undergoing a bit of a revolution, and it has nothing to do with the words on Wisconsin's license plate or even the size of farms. It's about the cows — specifically who's minding the animals in the barn.
JOHNSON TRAILER CO. E. 7290 St. Rd. 170 Colfax, WI 54730 3500# Axle, EZ-Lube, 12” Siderails, Radial Tires, Fold-In Ramp Gate. 5x8 Ramp.....$1224 77x12 Ramp ..... $1388 5x10 Ramp.....$1242 77x14 Ramp ..... $1416 5x14 Ramp.... .....$1322 83x12 ...
Transgender teen sues Wisconsin school district over restroom use, alleged discrimination
A transgender student filed a lawsuit against a Wisconsin school district Tuesday ... The Transgender Law Center and the civil rights law firm Relman, Dane and Colfax PLLC filed the federal lawsuit in Milwaukee against the Kenosha school district.