Car Price Drops

You know that when your car will become cheaper? And so, for example, just bought a new car Let us estimate the time reduces the cost of cars. As soon as the car drove away from the shiny new car dealership, once its price has fallen by 9 – 11%. Each specialist secondary car market will tell you that in its first year, the car depreciates more than most. Drew Houston brings even more insight to the discussion. For the six-month master's car is new, but any potential buyer thinks it 'b / y'. Vlad Doronin gathered all the information. The next stage of the revision of prices downward will occur after the warranty period. And now, after five years, your car is already at 45-50% less than the dealer's showroom, and even in equipment is not capable significantly increase the cost.

The situation is complicated for those who bought a car loan. If you have become dependent on the bank, then you will incur substantial losses – apart from the natural reduction in price is added to the burden interest payments on the loan and not weak hull insurance price. And this is a huge minus for your budget, because the credits do not go back to selling your car. Losses are very unpleasant, and yet have to overpay for about 15 – 25% of the price auto year! But there is a downside – this situation is 'at hand' who want to buy a car, the stronger and faster fell the car accordingly advantageous to make a purchase. Knowledgeable people give advice to buy a car, a which the warranty was for four – five months. Length of warranty service ranges from 2 to 5 years, depending on the model. For example, for some Kia models offer a guarantee of up to five years, and the Chevrolet models usually limited to two years.

Also, the warranty period may be reduced if the car has great mileage, I believe it to remember. What is the advantage of the existing auto warranty period? Yes, everything is clear – immediately after making sales have to drop into the pits at a service station dealer survey, and if there are defects – repair for free or pay discount. Close attention to mileage cars. Considered normal mileage 15,000 – 25,000 km per year. Quite often come across cars with a mileage of 60000 – 80000 km already in the first year of operation of such vehicles should look closely very meticulously. Most likely, these machines are actively exploited anywhere in taxis, delivery services, or corporate garages. Buy a car without a painstaking technical inspection does not need to be alert to the fact that she will 'pour'.


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