When looking for guaranteed car deals online, you have the most affordable used cars in sewell. Sewell is one of the charter Lexus dealers in North America. While purchasing a brand new car is enticing, you must take a cold look at the price to save over time by choosing used cars to buy instead. An average person will own 13 cars within a lifetime, every car costing an average of $20, 000 based on the report of the National Automobile Dealers Association. Every car was 3 years old, instead of the new and saved nearly $120, 000 within a lifetime.
Understanding how depreciation works
You could often hear that the car loses 20% of its value as soon as you purchase it. In just a minute, a $20, 000 car loses $5, 000 as you gleefully drive off. At the end of the first year, wear and tear and mileage could bring it to 30% of $8, 000. Don’t you feel the big hit?
It takes effect later on when selling or trading in a car. The brand new car depreciation is to buy the car for $20, 000 and sell it 3 years later in the amount of $$14, 000. The car costs $14, 000 in depreciation.
The used car depreciation is when you are buying the same car, but it is three years old when buying it. You would be purchasing the car for $14, 000. Three years later you can sell it for $9, 000. The used car depreciation costs only $4, 000. Many people say “driving a new car is much better”, they have several reasons to believe so.
Forget the old used-car stigmas
Brand new cars are more reliable, so why would you buy somebody’s headache? Well, not with the used cars in Sewell. It is mostly used by people who look down on used cars, saying that you are buying someone else’s problems – this is not right.
When speaking about reliability, cars haven’t been more dependable than they are today. It is not uncommon for some cars to produce more than 100, 000 miles before you need significant repairs. Maintenance of all cars that requires regularly, such as:
- Oil changes
- Tire rotation
- Break jobs
But, you can drive cars today much farther in between the scheduled visits for maintenance purposes. Even tires and brake pads may last longer than before.
Why purchase used cars?
Speaking clearly, purchasing a used car is cheaper than buying a brand new one. Cars are generally more dependable than they once were due to the quality of the automobile having improved over the years. To buy a used car is an opportunity in getting the best car for hard-earned cash. You can find a late-model car that is priced less than half of the original or brand new cost.
Pre-certified car dealers offer strong warranties that often include the remaining balance of the warranty from the factory and the opportunity to purchase an extended warranty. For all practical purposes, the low-mileage late-model used car is new.