Archive for March 27, 2014

Mar
27

The Numerous Advantages to Buying a Used Car

Used vehicles in anchorage

As soon as you drive a brand new car off the sales lot, it drops significantly in value. Because the car dealership needs to make a profit, you are actually buying a new car for more than it’s worth. As soon as the rubber meets the road, your brand new car is worth its true value. There are many other options available to consumers that will put them in the driver seat when it comes to managing their money.

When turning in a lease you are essentially giving back a car you paid on- for whatever lease term- with absolutely no return. New cars are almost as bad an investment as leasing because when you lease, you’re essentially renting a car for 2-5 years after spending anywhere from $12,000-45,000. When selling the car you bought new on a trade-in or privately, recouping as much of the instant value