Posted on 11/20/2013
When buying a vehicle, I was always taught to buy a used vehicle by my family. “It loses 10% or more of its value when you drive it off the lot” I was told. The US has a used car shortage recently caused by two main factors. The first being that new car sales were off drastically a few years ago during the down turn of the economy. These are our used cars today. During this downturn of the economy, there was the “Cash for Clunkers” program that removed many used cars from the roads. This shortage has raised used car prices because of supply and demand. The answer is to check new and used prices before buying a newer car. Remember that a year older car sells for less when you get to sell it years from now. When buying a used vehicle, it is my recommendations that you have your favorite shop check it over before buying it. I have lots of reasons to suggest this, the difference between sales people and auto techs is that a sales person will tel ... read more