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 Benefits of Buying From Used Car Dealerships Nissan Versa Note SV Cornell WI 54732 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 Versa Note SV Cornell WI 54732 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 Finding A Good Used Car Dealer Nissan Versa Note SV Cornell WI 54732 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 Versa Note SV Cornell WI 54732 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 Versa Note SV Cornell WI 54732 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 Versa Note SV Cornell WI 54732 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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Walker Declares State of Emergency on Washington Island
The cable failed June 15, causing a 20-minute power outage before back-up generators kicked in. Washington Island Electric Cooperative Manager Robert Cornell says ice damaged the cable. The cooperativ...
The education of a brotelier
Wearing jeans, a red vintage T-shirt, an Eric Church baseball cap and a backpack, Ben Weprin bound down a sidewalk of Roosevelt Island in New York, home of the Cornell Tech campus ... and Madison, Wis...
Poultry processing workers face injuries in Wisconsin, nationwide
Wisconsin has dozens of small and medium-sized plants and ... said Lance Compa, senior lecturer at Cornell University’s School of Industrial and Labor Relations. Compa is author of a 2005 Human Rights ...
July 16 to July 21 Cornell hardware 406 main street Cornell WI PH 715.239.2005 Store hours: Monday- Friday 8-5:30 Saturday 8:30-4 • Sunday Closed all sales final
Kayakers paddle their way to a new world record in Wisconsin
CORNELL, Wis. (WEAU) --Kayakers paddled their way to a new Guinness World Record in Cornell, Wisconsin. "I've never broken any records before. I don't think so. This will be a first for me," said Dani...
Cornell couple charged with $111,000 Medicaid fraud
Nye, both of 20665 235th Street, Cornell, face a maximum sentence of 10 years in prison ... Nye and Lade will make initial appearances in court 1:30 p.m. Aug. 28. The Wisconsin Attorney General’s offi...
'You just kept going': Wisconsin man gets 15 years in prison for running over woman in Zion
A Wisconsin man was sentenced to 15 years in prison Monday after being convicted in May of attempted murder and other charges in a Zion hit-and-run that left a woman seriously injured. Cornell Conely, ...
STATE OF WISCONSIN CIRCUIT COURT EAU CLAIRE COUNTY
To Defendants: Ryan J. Popp 27192 170th Ave, Cornell, WI 54732 SUMMONS To the Defendants: You are being sued as described below. If you wish to dispute this matter: You must appear at the time and pla...
Cornell Area Care Center
A continuing-care facility or community meets a continuum of needs as residents age, from independent living to assisted living to nursing home care. Resident and family councils provide an organized ...