Other People's Money
When purchasing an auto, an alternate way to look at value is look at those vehicles that depreciate the most in the first one or two years as a great potential value. Some vehicles will depreciate 30 to 45% in the first year.
Let someone else pay one dollar a mile for the first 12,000 miles on a vehicle. Buy a one- or two-year-old car and you then can potentially get a vehicle with 12,000 miles on it at half of the new retail price. Use car value guides as a way to identify the best buys in slightly used vehicles.
Terry in Cheyenne
Looking to save time or money? Visit The Dollar Stretcher.com You'll find hundreds of helpful articles to stretch your day and your dollar. Copyright 2005 Dollar Stretcher, Inc.