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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Impactful Campus Conversation brings espnW to Wisconsin
#espnWBadgers The six Wisconsin graduates came to the event with a wealth of ... Their insights comingle nicely with Spain, who graduated from Cornell with a degree in English in 2002 after setting the school record in the javelin and serving as co-captain ...
April 16th to 20th Cornell hardware 406 main street Cornell WI PH 715.239.2005 Store hours: Monday- Friday 8-5:30 Saturday 8:30-4 • Sunday Closed
Cornell School District honored by state
A local school district is among 135 in the state being honored by the Wisconsin Department of Instruction for its work in educating students while serving a high number of economically disadvantaged families. Cornell School District was the only district ...
Director of Johnson Museum Named Next Director of Yale Art Gallery, Reflects on Time at Cornell
Olaniyan comes to Cornell from the University of Wisconsin- Madison, where she served as assistant dean for the Academic Advancement Program in the College of Letters and Science. The executive director of the OMEA reports directly to Michele Moody-Adams ...
James Eugene Leschensky
James was born on May 8, 1945 and passed away on Sunday, March 25, 2018. James was a resident of Cornell, Wisconsin at the time of passing. Jim was raised in Pepin and Menomonie WI area, he later moved to Minneapolis, MN and graduated from Southwest ...
STATE OF WISCONSIN CIRCUIT COURT CHIPPEWA COUNTY
2. The decedent, with date of birth 05/08/1945 and date of death 03/25/2018, was domiciled in Chippewa County, State of Wisconsin, with a mailing address of 120 S. 6th Street, Cornell, WI 54732. 3. All interested persons waived notice. 4. The deadline for ...