Monday, October 31, 2011

New Car Depreciation: Buy Used Cars And Save Thousands Of Dollars!



Should I buy a new or used car? Its a question you will have to answer during your car buying process. To help you make an informed and reliable decision, using tools and car research on car depreciation will be very valuable. In this video from "The Car Show", a light hearted, but informed entertainment shows the value of not buying new cars, but waiting for depreciation, to buy the same cars at used car values, saving thousands of dollars. While they show mainly luxury cars, the same principle applies to all cars and trucks.

For serious consideration, you can use these tools from Money-zine.com:

  • The car depreciation calculator to estimate the first year and total depreciation on a car you're thinking about buying or already own. The calculator uses an accelerated rate of depreciation for cars that are brand new and provides the user with a range of possible depreciation rates: from low to high. This calculator provides depreciation based on expected market values, it is not intended for use as a tax depreciation calculator.
  • This calculator compares the costs of buying a new car versus a used car. The calculator takes into consideration factors such as the depreciation in value of each car, maintenance costs, as well as how long you want to own the car. With this information, you can determine the monthly cost of owning a new versus a used car.
  • Finally, use this calculator to help you compare the cost of buying a new car versus leasing a car. The depreciation in value of each car, the capitalized cost reduction or down payments, and how long you want to own the car are all factored into this equation.

We want you to get the best deal on your next used car in Salt Lake City. Using our “Quick Qualify” program to get you approved (in minutes) can allow you to purchase great used car or truck vehicles-without needless hassles from finance institutions.

Come out to our dealership-3899 South Redwood Road, West Valley City. Visit us online at WestValleyAutoPlaza.com, or call us at 801-886-1700.

West Valley Auto Plaza’s goal is to get you back on your feet in a good reliable pre-owned vehicle that you can afford at a fair price regardless of your credit situation. This is what we’ve done for over 11 years now, and this is what we’ll do for you. Feel free to shop around and see what others have to offer. We know you’ll end up choosing us, because we are the best out there, and we won’t jerk you around!

West Valley Auto Plaza Is Gephardt Approved
West Valley Auto Plaza Is Gephardt Approved

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