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 Finding A Good Used Car Dealer Nissan Leaf S Boyd WI 54726 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 Nissan Leaf S Boyd WI 54726 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 Used Car Dealerships Nissan Leaf S Boyd WI 54726 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 Nissan Leaf S Boyd WI 54726 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 Nissan Leaf S Boyd WI 54726 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 Nissan Leaf S Boyd WI 54726 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 6
Boyd WI - BingNews Search results
Blugolds force 7 turnovers in 40-16 win over Pioneers
The defense responded with another turnover on the next Pioneer drive as Sam Burzynski (So. – Stanley, WI/Stanley-Boyd) intercepted Colin Schuetz in the red zone to end the first half with the Blugold...
10-20 Prep Roundup: McDonell boys, girls cross country teams advance to state
BOYCEVILLE — The McDonell cross country team will send both its boys and girls teams to next weekend's Division 3 state cross country championships in Wisconsin Rapids after strong performances ...
Prep Football Playoffs: Many factors play into impressive postseason streaks for Menomonie, other area teams
Ditto for Menomonie coach Joe LaBuda and Stanley-Boyd coach Jeff Koenig ... of Iowa quarterback Nate Stanley and University of Wisconsin fullback Mason Stokke, linebacker Mason Platter and ...
CAB’s family programming offers special spooky treat for student parents and children
The event was put on by CAB family programming chair and senior speech pathology student Alicia Boyd, of Chicago, and graduate advisor and second-year student in the college student personnel administ...
Boyd woman charged after children had meth in system
This option gives you access to read as many articles as you wish for one full day (24 hours) on apg-wi.com. Access to e-editions is not included. Does not renew. Gives you full access to APG-WI.com e...
Blugolds football falls to No. 5 Whitewater
On their next possession, Sam Burzynski (So. – Stanley, WI/Stanley-Boyd) intercepted Cole Wilber's pass to give Eau Claire the ball at their own 43 but the Blugolds were unable to capitalize as the Wa...
Oxford Orthopaedics Welcomes Dr. Steven Blackwood to Thriving Community
He completed residency at the Medical College of Wisconsin in Milwaukee ... Sara and Dr. Blackwood have joined our community,” Boyd said. “Dr. Blackwood brings expert knowledge in the ...
Residents allowed home after gas leak in Wisconsin village
BOYD, Wis. — Residents are being allowed home after a gas leak prompted the evacuation of a village in Chippewa County. Sheriff Jim Kowalczyk (koh-WAHL'-zik) says a 4-inch gas main was broken in Boyd, ...
William E. Machler, 91, of Boyd, WI, passed away Tuesday, May 8, 2018 at the Chippewa Manor Nursing Home in Chippewa Falls, WI. Bill was born on June 10, 1926 the son of the late Edwin and Mabel (Pete...
Ex-Boyd Anderson standout Derrick Tindal becomes Wisconsin's leader after losing mom to cancer
There were days Wisconsin defensive back Derrick Tindal would not even bother to attend class. Three years ago, on top of being a freshman adjusting to Midwest winters after growing up in sunny South ...