There’s nothing wrong with buying a new car, if you’re prepared to accept the short and long-term financial losses. The second you drive that new vehicle off the lot you’ve lost around 20%. A car that was forty-thousand loses eight driving home. Then a depreciation rate of 15% per year for most models, with some exceptions of course. We all know it’s How to Buy Your First Used Car Chevrolet Colorado Z71 Eau Claire WI 54701 easier to buy than sell an item! Therefore, my choice is always buying used cars, and this is my criteria that saves me big money in the long run.
My recommendation is purchasing a used car for cash not financing. Without interest and the two-way insurance requirement, you’re probably saving around $1200/ year. Next is not purchasing a used car from a dealer Chevrolet Colorado Z71 Eau Claire WI 54701 which can be considerably more expensive. Many people believe dealers do more to repairs used cars making those ones sounder investments. Keep in mind dealers need to make profits, which means incorporating costs like the trade-in, repairs, operational costs, and commissions. That is the reason my preference is being patient finding private sales. People selling their own used cars have no overhead How To Get Great Deals on Used Cheap Cars For Sale Chevrolet Colorado Z71 Eau Claire WI 54701 expenses, and know they will get a lot less from the dealer.
The type of used cars I look for have low mileage, service records, accident free, many features that work, and sellers who have been meticulous with their cars. Doing a lot of mileage yearly my number is around $5000. Prior to purchasing I spend an hour labor having my trusted mechanic Chevrolet Colorado Z71 Eau Claire WI 54701 look the car over. If there is anything major I walk away, minor repairs are negotiated to bring the price down. My rule of thumb is keeping aside an additional $1000. Buying a used car, I know within 6 months there will be some normal repairs coming, like breaks, timing belts, or shocks. My objective is keep the car for 3-4 years Chevrolet Colorado Z71 Eau Claire WI 54701 owing me nothing re-selling it afterwards for around $1500.
Taking into consideration I can drive a used car for 4 years saves me $4800 in interest and two-way insurance. My total purchase cost being around $6000 counting in the set aside money. If you do the math above including in my $1500 resale, I’m ahead $300 based on my original purchase afterwards. Who Chevrolet Colorado Z71 Eau Claire WI 54701 can say that buying a new car could ever do that? If you’re thinking of purchasing a car try my way in saving big money buying used cars.
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Milwaukee-area radio host struck by lightning
A Wisconsin sports talk radio host had a good reason when listeners heard dead air this week: He'd just been struck by lightning. Bill Michaels was hit Thursday in Eau Claire as he hosted his show fro...
Waukesha-based appeals judge announces candidacy for WI Supreme Court
EAU CLAIRE, Wis. (WEAU) --Newly announced candidate for Wisconsin Supreme Court, Brian Hagedorn made a stop in Eau Claire Saturday. Hagedorn, who currently serves on the Wisconsin Court of Appeals in ...
STATE OF WISCONSIN CIRCUIT COURT BRANCH 3 CHIPPEWA COUNTY AMMENDED SUMMONS FOR PUBLICATION
STATE OF WISCONSIN CIRCUIT COURT BRANCH 3 CHIPPEWA COUNTY AMMENDED SUMMONS FOR PUBLICATION Case No. 18 CV 169 Code: 30404 Foreclusure ROYAL CREDIT UNION 200 RIVERFRONT TERRACE SUITE 200 EAU CLAIRE, WI ...
Jake Dowell honors brother's death at Huntington's disease fundraiser in Eau Claire
Eau Claire (WQOW) - A walk, a run ... In honor of his brother and everyone else affected by this disease, a group of volunteers from the Wisconsin chapter of the Huntington's Disease Society of Americ...
In the midst of Wisconsin's U.S. Senate race, frank discussions about opioid addiction
EAU CLAIRE — Sen. Tammy Baldwin took her seat at a table of seven people in a small, wood-paneled room in the basement of the L.E. Phillips Memorial Public Library after shaking hands with everyone in ...
Wisconsin Woman Raises, Releases Monarch Butterflies
ALTOONA, Wis. (AP) — What started as a joke has become a 10-year hobby for an Eau Claire woman. "I made fun of a friend for doing this. Ironically, I am now doing it," Kris Gessert said of raising mon...
Eau Claire Big Rig Truck show comes to town this weekend
Chippewa Falls (WQOW) - If big trucks are up your alley, you'll want to head over to the Northern Wisconsin State Fairgrounds for the ninth-annual Eau Claire Big Rig Truck Show. The event kicked off F...
Democratic party of Wisconsin protests Senate candidate in Wausau
The two day statewide tour also had stops in Madison, Milwaukee, Eau Claire and Green Bay. Leah Vukmir's campaign office sent us the following statement regarding the tour. “Wisconsin had one of the l...
Beer Hunting: The 5 Best Microbrews in Wisconsin for your Next Outdoor Adventure
With no shortage of outdoor activities to choose from in Wisconsin on both land and lake ... and one of the finest in the nation can be found here at the Brewing Projekt in Eau Claire. Want something ...
Local Sports Notebook: New generation carries Tilden back to Wisconsin Baseball Association State Finals
A lot has changed for the Tilden Tigers since their last trip to the Wisconsin Baseball Association State Finals ten years ago. Most notably — their entire roster. The Tigers will face fellow Chippewa ...