For many people, purchasing a car is one major purchase. Buyers who are shopping for a car are faced with many decisions, from model and make to color and style. One important choice that all the buyers should make is if to limit the search to used or new cars. So, here are some reasons why the pre-owned car models give drivers good value.
Looking at the Safety Features
Today’s cars are highly safest then they have been. Earlier, the drivers need to buy the luxury model for getting all the safety features included that are now standard in almost all the cars. Since 1997, the airbags are standard in all cars. Moreover, electronic stability control is mandated for all the vehicles made after 2012. Some other safety features, such as backup cameras, also have become very common, and manufacturers include this in their car models. Thus, drivers who buy used cars from Apex auto will not miss out on the important safety features.
Reliability of the Vehicle
Reliability of cars has improved drastically. Today, an average age of registered autos is above 11 years that is very high. While drivers in past replaced their car in a few years, and modern cars are driven longer. It means that the buyer can buy a pre-owned car from apex auto and get more years of the reliable use on it.
Price and Depreciation
An average cost of the new sedan, SUV or truck is around $30,000 rough figure. When this model gets driven off of on dealer’s lot, it will lose around 10% of the value. After one year, it reduces to total of 20 to 25% of the value. After 4 years, it is worth a half of its original price. An average price of the used cars is around $15,000. All along with an initial cost, rate of depreciation isn’t as good as with the new car models over same time periods.
Car buyers who are looking for the latest model from the manufacturer just have to go to on shop for it: and it is with the dealership. Whereas buyer will look at the multiple dealerships from model’s manufacturer, prices may likely be same that puts buyer in a disadvantage while it comes about bargaining. Alternatively, market for the used cars is a bit larger. The pre-owned cars are found on the independent dealerships, manufacturer’s dealerships, and private owners.