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 Nissan Maxima SV Sport Mondovi WI 54755 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 Maxima SV Sport Mondovi WI 54755 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 Tips on Buying A Used Vehicle Nissan Maxima SV Sport Mondovi WI 54755 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 Maxima SV Sport Mondovi WI 54755 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 Maxima SV Sport Mondovi WI 54755 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 Maxima SV Sport Mondovi WI 54755 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 5
Mondovi WI - BingNews Search results
Condensed Listing COMPLETE GREENHOUSE LIQUIDATION Located: (25837 E Mondovi St, Eleva, WI, 54738) At 4-way stop in Eleva, go East on US Hwy 10 approx. 1 block, site is on right. Watch for NIC auction ...
What analyst predict for Marten Transport NASDAQ:MRTN?
Marten Transport NASDAQ:MRTN headquartered in Mondovi, Wisconsin, United States is reporting their earnings on 07/17/2018 before the bell. Street forecast for the quarter ending March 2018 is $0.22. A...
Dale Lee Klevgard
Dale was born in Mondovi, Wisconsin, on March 18, 1948 to Leslie and Delores Klevgard. He graduated from Eleva-Strum Central in 1966 and began farming on the family farm in Chimney Rock. Dale married ...
Local moms becoming superstars with original song
MONDOVI, Wis. (WEAU) --Their names are Chelsi Deden and Alyssa ... The two were invited to perform on Hello Wisconsin, and they didn't disappoint.
Melvin E. Becker
Edgerton, WI -- Melvin E. Becker, age 82, of Edgerton, died Friday, April 20, 2018, at St. Mary’s Hospital, Madison. He was born in Mondovi, WI, on February 10, 1936, the son of Otto Louis and Junice ...
Martin (Marty) Lyle Sandberg, 72, of Eleva, WI, went to his eternal home on April 25, 2018. Martin was a resident at the Homeplace in Mondovi, WI, at the time of his death. Martin was born July 4, 194...
Mondovi woman announces bid for 93rd Assembly District
MONDOVI, Wis. (WEAU)--A rural Mondovi woman has announced her run for 93rd Assembly District. Charlene Warner, who goes by "Charlie", says she is a 4th generation Wisconsin Democrat, and is currently ...
Mondovi area woman announces run for 93rd Assembly
Mondovi (WQOW) - Charlene Warner, of rural Mondovi, announced her candidacy for Wisconsin’s 93 rd Assembly District. Warner, a Democrat, is currently the only challenger to incumbent Warren Petryk. “G...
Neil R. Crawford, age 76, of Mondovi WI, passed away peacefully at Mayo Clinic in Eau Claire WI April 16, 2018 with his daughters by his side. He was born May 18, 1941 in Burlington IA to Melford and ...
Police in Mondovi say Taser Used to Restrain Suspect
Police in Mondovi, Wisconsin, said an officer needed a taser to restrain a suspect they say had been driving erratically, then refused to comply with commands after stopping. A release states authorit...