Archive for May 26, 2016
A new car is a significant upfront investment in something that rapidly loses values. The reality is that pre-owned vans and previously used cars offer great value. The minute it leaves the dealership, a new car depreciates in value by as much as 20% and drops off another 10% in the first year, meaning a loss of value of as much as 30% in the first year of ownership.
Most cars on the road are at least 11 years old. In 2015, $33,560 was the estimated average transaction price of a new car or truck sold in the U.S, while pre-owned cars sold for about $16,800 in 2014. Reliable used cars, vans and trucks can cost less th
Shopping for a car can be a tricky task. There are so many things to think about when you are in the market for a new car. You will most likely be spending a good chunk of money, so it makes sense that you would take some time to make sure you are making the right purchase. You will of course want to decide if you are wiling the spend the extra money for a brand new car that you would drive off the lot, or a fairly new used car that would probably cost you much less. Then there are the brand and model choices. Are you particular to Chevrolet? Or maybe a Cadillac is more your scene.