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As appealing as purchasing a new car can be, it may not be the best option when it comes to the best value proposition. New cars can depreciate as much as 11 percent the moment you drive it off the lot. That means that a brand new car worth $20,000 depreciates as $2,200 simply by driving it home1. Luckily you have options. There are a plethora of affordable used cars on the market right now. Most car dealerships these days actually have an additional business unit at their dealership that is designated to sell used cars only. It is there where you can find the best deals on used vehicles in good condition. The reason why going through a local dealership is a better idea is that only a dealership can offer certified pre-owned vehicles that have gone through rigorous reconditioning processes as well as new warranties. Whether you decide to purchase a certified pre-owned car or a used car, your local dealership will offer you a better deal. Take into account not only the price ta

So, you need a replacement truck. Maybe your old truck finally broke down after all of these years. Maybe your previous truck, whether old or new, has just been totaled in an accident. Perhaps you just want a different truck because you need it for a different purpose, or possibly this will be your first truck. I know what you’re thinking…should I buy a new shiny truck with all of the latest technology or should I be more practical and buy a used truck that I know I can afford? I’m going to help you explore your options with some information below. NEW TRUCK Pros: No history – You know there is no wear and tear, no accidents, and no hidden issues. You can also be more confident that there are no unresolved recalls in your new truck. This is a big deal for some people. Some would never be okay with buying a car that someone else has used and cared for while others think that is just fine. Maintenance – A new truck will likely come with a warranty of some kind to cover multi

The most obvious reason to buy a pre-owned vehicle is to save the expense of the greatest depreciation. Although vehicles depreciate their entire lifetime, they depreciate exponentially more at the beginning. Owning a shiny, new vehicle comes with a great cost. Save yourself that cost, and buy it after it’s gone down the road awhile. You can find fully loaded models of the makes you are looking for at a lower price if you look for the earlier models. It has never been easier to shop for a pre-owned vehicle that will fit your needs. The Internet has made it easy to select from many vehicles. Looking for a used Toyota in your area? It’s easy to search for likely candidates on the Internet. Often you can get the features you desire when the selection is great. The savings you get from buying pre-owned can be turned into more car. A vehicle that is 3 years old may not have all the newest technology, they are still comparable to the newer models. The depreciation of the older veh