“What consumers should know about DEPRECIATION before their next car purchase”…
There is no question that buying a new car is exciting, makes you feel good, look good and oh don’t forget that smell. But with all these euphoric feelings, there is that one factor that you can not escape…DEPRECIATION!
You know the old saying; a picture is worth a thousand words…well check out these examples below and then you decide.
Example #1; 2008 Cadillac CTS Sedan selling for $36,720.00 would be worth $24,000.00 after year (1), $15,600.00 after year (2) and only $12,950.00 after year (3).
Example #2; 2008 Audi A4 Sedan selling for $39,175.00 would be worth $25,125.00 after year (1), $21,925.00 after year (2) and only $18,650.00 after year (3).
Note: Above figures are based on MSRP & Trade-In-Value.
By now your thinking “WOW”…what the heck happened? Depreciation happened! Oh yes, by the way, those depreciated figures above would only hold true if the vehicles remained in excellent condition.
Our goal at Ruby Automotive is more then just selling you a car. We feel an educated well informed buyer is truly a happy buyer.
Answer; our thoughts are, make your next car purchase a two or three year old pre-owned vehicle, by that time the depreciation slows down and guess what you still look good, but really feel much better. Also, finding a later model car with fewer miles would still include the balance of the warranty, which is a real plus and mind soother as well.
Our goal at the Ruby Auto Group is to find that right car for you. We do all the investigative work which allows you to simply purchase the right car at a very competitive price. You will be able to purchase at the low end of the ownership cycle and end up saving thousands because of depreciation alone. But that’s not all…because of our low fixed cost we are able to pass even greater savings to you. So when you’re thinking about your next car purchase; think the Ruby Auto Group for sure!
Call us for an informative interview today…we sell every make & model, new or used!
P.S. One last thought; it’s amazing how a nice air freshener brings back that new car scent…well not exactly, but you get the drift...
Ruby Auto Group
5136 Darrow Road
Hudson, Ohio 44236
330.655.2744 or 330.328.7905
www.rubyauto.com
There is no question that buying a new car is exciting, makes you feel good, look good and oh don’t forget that smell. But with all these euphoric feelings, there is that one factor that you can not escape…DEPRECIATION!
You know the old saying; a picture is worth a thousand words…well check out these examples below and then you decide.
Example #1; 2008 Cadillac CTS Sedan selling for $36,720.00 would be worth $24,000.00 after year (1), $15,600.00 after year (2) and only $12,950.00 after year (3).
Example #2; 2008 Audi A4 Sedan selling for $39,175.00 would be worth $25,125.00 after year (1), $21,925.00 after year (2) and only $18,650.00 after year (3).
Note: Above figures are based on MSRP & Trade-In-Value.
By now your thinking “WOW”…what the heck happened? Depreciation happened! Oh yes, by the way, those depreciated figures above would only hold true if the vehicles remained in excellent condition.
Our goal at Ruby Automotive is more then just selling you a car. We feel an educated well informed buyer is truly a happy buyer.
Answer; our thoughts are, make your next car purchase a two or three year old pre-owned vehicle, by that time the depreciation slows down and guess what you still look good, but really feel much better. Also, finding a later model car with fewer miles would still include the balance of the warranty, which is a real plus and mind soother as well.
Our goal at the Ruby Auto Group is to find that right car for you. We do all the investigative work which allows you to simply purchase the right car at a very competitive price. You will be able to purchase at the low end of the ownership cycle and end up saving thousands because of depreciation alone. But that’s not all…because of our low fixed cost we are able to pass even greater savings to you. So when you’re thinking about your next car purchase; think the Ruby Auto Group for sure!
Call us for an informative interview today…we sell every make & model, new or used!
P.S. One last thought; it’s amazing how a nice air freshener brings back that new car scent…well not exactly, but you get the drift...
Ruby Auto Group
5136 Darrow Road
Hudson, Ohio 44236
330.655.2744 or 330.328.7905
www.rubyauto.com
