Newark used car dealers offer advice for escaping the depreciation trap

Newark used car dealers offer advice for escaping the depreciation trap

Your father told you. My wife reminds me every time I talk about purchasing a new car. "You lose a third of the value when you drive it off the lot!" But I want a new car - I don't care! I should, though, and so should you.

Great deals can be had on low-mileage vehicles and with a manufacturer's warranty you really won't know the difference - except maybe for the $8,000-12,000 difference in the price tag. It's not something your dealer will emphasize. Sure, your dealer will look out for you when you buy a new vehicle from their inventory, but they certainly won't steer you to the used-car section of the lot if you're set on buying a new car.

Newark used cars, however, can help you out of this sticky situation by showing you the world of certified pre-owned autos. Yes, there is a viable alternative to buying new. One that's as close to new as you can get without paying the new-car price.

And they shouldn't. Their business is sales. Your business is to get the best deal. Know the facts about certified pre-owned vehicles and check them out. Tri-state used car customers can find amazing deals on like-new models and get a full warranty for an affordable price.

Luxury cars are one area where buyers can save a large chunk by buying pre-owned and with a warranty from the manufacturer the safety net is still there. If you have plenty of money to throw at a new vehicle, go for it. Another time when it's not so bad to buy new is if you plan to have the vehicle for more than five years. At that point, unless you're really rough on it and rack up lots of miles, the depreciation game won't eat you alive.

If you like your new model every two or three years, pre-owned is the only way to go to get your money's worth on both ends. Your Newark used car dealer can find the model you want and offer you the warranty that fits your needs and your budget. You'll get a great deal and still have decent resale value when you're ready for something new. Or newer, as the case may be.

But again, new car dealers will try to distract you from the depreciation trap. That's fine if you want to drive off the lot in something new and drive it for many years to come, but don't be tricked into buying new just because you don't know about the option of certified pre-owned.

Your Tri-state used car dealer is ready to show you a wide selection of certified pre-owned vehicles and can help you understand what terms and safeguards are best.

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