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.
Business Results 1 - 10 of 2
Colfax WI - BingNews Search results
Two sentenced in town of Tainter shooting
A Minnesota man and a Wisconsin woman have been sentenced in the May shooting of a rural Colfax man. Shawn H. Goplen, 35, of 1101 Linden Lane, Faribault, Minn., was convicted Nov. 6 of shooting a ...
11/12: Support Local Businesses with Something Special from Wisconsin
The Wisconsin Christmas Tree Producers Association ... Soda Fountain Malted Milk Powder from CTL Foods in Colfax gives the dip a rich flavor. In 2016, the powder took first place at the 2016 ...
Women’s cross-country wins Midwest Regionals, men finish third
The Bears kept their total to just 58 points, beating out second-place University of Wisconsin-Eau Claire by 35 ... yet he performed well in Colfax, finishing 20th in a field of 253 men. Graduate stud...
No. 2 WashU XC Claims 1st & 3rd at Midwest Regional
Colfax, Wis., Nov. 10, 2018 – The No. 2-ranked Washington ... The Bears totaled 58 points while No. 9-ranked Wisconsin-Eau Claire placed second with 93. No. 22-ranked Wisconsin-La Crosse totaled 101 p...
Election 2018: Evers takes the election, but Dunn County voters chose Walker
Democratic Wisconsin Sen. Tammy Baldwin cruised to a ... She carried the villages of Colfax, Downing, Elk Mound, Knapp, Ridgeland and Wheeler and handily took the city of Menomonie with 3,769 ...
Wisconsin Volleyball Coaches Association honors state's best players with all-state team
Wisconsin Lutheran*; Elise Goetzinger ... Cuba City; Alyssa Dachel, sr., Colfax; Jadyn Dahlke, sr., Stratford; Chloe Gruszynski, jr., Crivitz; Rachael Heittola, sr., Belleville; Sidney Hoverman, jr., ...
Prep girls volleyball: Waunakee's Kiana Schmitt makes coaches' Division 1 all-state first team
Wisconsin Lutheran (unanimous); Elise Goetzinger ... Cuba City; Alyssa Dachel, sr., Colfax; Jadyn Dahlke, sr., Stratford; Chloe Gruszynski, jr., Crivitz; Rachael Heittola, sr., Belleville. Sidney Hove...
UW-Eau Claire Wins Second Straight Women’s Cross Country Title
COLFAX, Wis. (WIAC) COLFAX, Wis.--University of Wisconsin-Eau Claire won its second straight title at the 2018 Wisconsin Intercollegiate Athletic Conference (WIAC) Women’s Cross Country Championship ( ...
James Riefe Peterson
James Riefe Peterson, 98, passed away on October 12, 2018 at the Colfax Health & Rehabilitation Center in Colfax, Wisconsin. He was born on April 28, 1920 in Vinton, Iowa along with his twin brother D...
Colfax, WI Area Hotels
no preference Less than 5,000 sq. ft. 5,000 or more sq. ft. 10,000 or more sq. ft. 20,000 or more sq. ft. Meeting Space Sq. Ft. no preference Less than 10,000 sq. ft. 10,000 or more sq. ft. 30,000 or ...