Facts To Consider When Negotiating With Car Dealers

These days when you are in the market for a new or used automobile, you will be faced with a lot of options. Millions in fact. Last year alone over 54,000,000 vehicles were sold in the United States. Everyone has different needs when it comes to a vehicle for themselves or their family. Here are some interesting facts and figures that might help make your decision easier the next time you visit car dealers.

New Versus Used

Of the total number of automobiles sold last year, 40,000,000 were used and 14,000,000 were new. The average new model costs over $32,000 compared to $15,000 a used one. New vehicles generally come with the latest safety and performance technology which appeals to those who can afford them. They also come with warranties that can range from three to ten years, depending on the manufacturer. On the other hand, used automobiles offer slower depreciation rates for consumers. 7% a year rather than 15% is the average. They also boast some of the same features as the latest models, just not the most recent and cutting-edge technology.

Another aspect to consider is availability. When searching for a new model, if the local car dealers do not have one in stock, they can order one from the factory. If you can't find the used vehicle you want, you just have to keep on looking. The used market, however, offers more options of who to buy from, giving the consumer more negotiating power.

Sedans And Coupes Versus Trucks And SUVs

The auto market in the United States is dominated by sedans, coupes, pickup trucks, and SUVs. It is also the only market in the world in which trucks and SUVs annually outsell sedans and coupes. Last year 55% of all models sold were trucks and SUVs. Their popularity is in large part due to their versatility both on and off the road. They also offer more storage and moving capacity. Of the four most popular models offered by car dealers, three are pickup trucks. On the other hand, sedans and coupes offer consumers better gas mileage and sharper on road performance. They are also easier to maneuver in tight spaces, making them popular for urban drivers. Six of the top ten most popular autos are sedans and coupes.

The final thing to consider is safety. Sedans and coupes are less likely to roll over due to their good stability. Trucks and SUVs test better in head-on collisions because of their size and weight. Whatever your choice, there will be plenty of good models at your local car dealers.