May 8th, 2008
Pros And Cons Of Buying A Used Car
If you get the right information and look in the right places to shop, most experts agree that buying a used car is a great investment. A used car will be the best value for you transportation budget, and that value can be maximized if the car is only two or three years old. If you think about that a brand new cars price includes markup for the dealer, cost of advertising that both the manufacturer and dealer have done, transportation fees as well the salespersons commission, you are looking a price that is hugely jacked up and has little to do with the cars real value. Also when you buy a new car, the second you drive it off the lot it losses around 40 percent of its value. By the end of three years, the new car you bought will have lost on average 2/3 of its value.