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.
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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 Ortha (Thompson) Becker, and was a 1954 graduate of ...
New Wisconsin law ensures CPR instruction via 911
Wisconsin Gov. Scott Walker on Monday signed a new law that ensures all trained 911 dispatchers in the state can give CPR instructions over the phone. The bill was authored by Sen. Jerry Petrowski of Marathon and Rep. Treig Pronschinske of Mondovi.
New law allows dispatcher to coach caller through CPR
The bill was authored by Senator Jerry Petrowski, of Marathon, and Representative Treig Pronschinske, of Mondovi. “I have no doubt that this legislation will save lives throughout Wisconsin, but it will be especially important to the rural areas of our ...
NOT RESPONSIBLE FOR ACCIDENTS. SALE CONDUCTED BY: ProCountry, LLC Auction Service, Registered Wisconsin Auction Company # 280, Mondovi, WI. AUCTIONEERS: Scott Werlein (715) 495-6131 & Steve Strey (715) 797-2347 Registered WI Auctioneers #178 & 2081.
Orland Park Bobcat Finds Forever Home At Minnesota Sanctuary
Thies and colleague Elyse Mather, were playing with possible names on the way back to Minnesota, when they happened to drive through Mondovi, WI. Mondovi is also a town in Italy. "I thought he deserved a strong name. It was perfect for him," Thies said.
He was born to Gerhard H. Thalacker and Alma J.(Lawrence) Thalacker on June 26, 1946 in Mondovi, WI. He attended Mondovi Public schools and graduated from Mondovi High School in 1964. Irvin was employed at the Farmer’s Store, the Consumer’s Co-op and ...
Wilma "Willie" Miland
She was born February 21, 1934 in Seymour, WI, the daughter of the late Joseph and Gena (Knudtson) Rosenthal. On April 11, 1953 she married Alan R. Miland at the Drammen Lutheran Church in Mondovi, WI. Willie worked for many years for the Prent Corp. until ...
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 authorities received a report of a motorist driving erratically ...