Saturday, December 4, 2010

Advantage Chrysler Dodge Jeep - Cars for Sale Part I

Hundreds of people purchase a vehicle every day. It may be a new chrysler, dodge or jeep; or perhaps something pre-owned. A buying decision can be very difficult, you don't know if you should go with new or something older. Well at Advantage Chrysler Dode and Jeep we want all of our customers to know how what to expect. So we've written out a small pro's and con's list for either which way you decide.

Pro New cars for sale :
  • Full Factory Warranty, so if something does go wrong it'll probably be covered!
  • New car smell, ok well maybe this isn't really a "pro" but we love that fresh clean new car smell!
  • Latest technology, a lot of times newer models have better technology, better horsepower and often better gas mileage which really pays at the pump now a days.
  • Rebates usually available, some new dodge chrysler and jeep products even have rebates available up to $4,000-5,000. Depending on the time of year, make and model you can save a lot!
  • Lease options available, if you don't plan on keeping the vehicle longer then 3years a lease can be a great option as the payments are usually a lot less then when you finance!
  • Special financing usually available, if anything you will always get a better interest rate on a new car then a pre-owned vehicle.
  • Little to no down payment acceptable, for new cars you usually don't have to put down as much money as you would a pre-owned car.
  • You can trade in a vehicle with negative equity, if you're a little upside down in your trade then go new. A new cars rebates can help hide the negative equity and get your loan approved for a decent payment.
  • Best deals on new cars, car dealerships literally give new cars away.Between rebates and competitive pricing online, you will end up paying less then invoice on a new car.

Con New cars for sale :
  • Breaking in the engine, when a vehicle is brand new it receives horrible gas mileage for the first few thousand miles until the engine is broken in. This can sometimes be a downfall if you desperately need fuel efficiency NOW.
  • More money, no matter how good of a deal you get on a new vehicle you will always pay more for it to be new rather then pre-owned. However, on some models the difference is just a mere $20-40 in payment.
  • If you lease, you may have to have high coverage on the vehicle 100k/300k/100k typically. Having high coverage means high insurance payments.
  • Maintenance, if you purchase new no one else would have already paid for those 10k, 15k, etc mileage maintenance. These can cost a pretty penny too.
  • On average a $5,000 decrease in value after the first few hundred miles. Prices reduce on all vehicles, however new vehicles fall victim to a slightly harsher drop after their first owner. 
Part II coming soon! This will talk all about the pros and cons of purchasing a pre-owned vehicle.

2 comments:

  1. Hi there! this is such an informative post. Thank you for sharing. Cheers!

    - The chrysler boston

    ReplyDelete
  2. Thanks for taking the time to discuss this,would you mind updating your blog with more information? It is extremely helpful for me.

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    ReplyDelete