While a lot of people do online research before buying a car, 43% of people do report that they see car dealers as someone they can learn from. A reputable car dealer can answer all your questions about the various cars on their lot. They can help you determine what is most important based on your family size and travel needs.
The technology and advancements in car design and safety have changed dramatically over recent years. For many consumers, there are features available that they didn?t even know about. According to a 2015 study, 40% of drivers cited blind spot detection and prevention features as their favorite in new car technology. At 33%, night vision is the second favorite in new car technology among drivers surveyed.
Today, the average car on the road is roughly 11 years old. People are holding on to their cars as long as they can before buying a new one, and the sale of used cars has maintained consistency. According to the National Automobile Dealers Association, the average price of a used car has gone done roughly 7% since 2014. Many car dealers offer “certified” used cars that are backed by the manufacturers to sell used cars that are typically less than three years old.
Certified used cars are often cars that were being leased, so they are used but still fairly new and in excellent condition. Lease contracts limit the number of miles a driver can travel in their car while it is under lease. Most leases have restrictions of either 9,000, 12,000, or 15,000 miles per year. Going over these mileage amounts can result in having to pay more money at the end of the lease period.
Luxury-branded cars and light trucks have increased in sales over recent years. As of August 2014, sales of these vehicles had increased by about 8%. In 2014, Cadillac sold 263,697 vehicles worldwide and has been the leading luxury car brand since 1902. While this may not seem like a lot of cars for worldwide sales, it is important to remember that luxury car sales will always be significantly lower than general vehicles sales simply because of the difference in price.
While most drivers cannot afford to buy a new luxury car, a lot of luxury cars are sold on the secondary market where buyers can get them at a fraction of their original price. Additionally, what buyers are willing to pay for a vehicle is going up based on the technology of the car. According to one survey, almost 28% of new car buyers are willing to pay an average of $3,703 more for technology upgrades in the vehicle they are buying
When looking for a new car, car dealers can direct you to what technology is available for the models you are looking for. Most car dealerships offer a range of options including new, used, and leased vehicles. You don?t have to rely solely on a used car dealership if you think you might be in the market for a used car. Go to a local auto dealer and see what they have to offer.