Depreciation
has hit the market often but people ignored it until it turns out to be
a major problem. Well, it is a silent thief and it can end up taking
about 15% of your vehicles in the first year of your purchase. This
makes you land up in a problem when you have to pay so much as you have
leased a new car.
The
incentives and the benefits were breathtaking but you forgot to see the
big picture. A new truck or a SUV is going to cost $20k and $30k
respectively. However, you forgot to take the mark that the car is going
to lose about $4,500 in depreciation in the very first year.
As new cars buyers face an upside-down on their loan, it is advisable to buy a used car. Used car finder
hence has seen a steady rise in their count. A used car does not need
to be a clunker with rust sport. You can find quality vehicles in the
inventories of great dealers. The dealers have cars that have low miles
but have those manufacturer warranties still intact. Even they arrange
for special incentives so making the used car lose no value and neither
affect your loan.
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