By Steamboat L. Salter Buying a used car? Is it a good or bad idea? Some people will tell you that purchasing a pre-owned automobile you are purchasing some one else’s problem. A lemon perhaps. On the other hand – or other side of the highway and byway - many careful and thorough shoppers will point at that no matter what research you do – that the minute you drive your new car , truck or S.U.V. off the auto dealers lot you are now the owner of a “used car “ or “pre-owned auto”. Every one it seem , that is who is a vehicle owner or enthusiast , is after all driving “used” or “pre-owned” automotive products. What many if not most purchasers of new vehicles often do not take into account is that the very moment that car, is plated , insured and hits pavement outside of the seller , broker or trader’s lot that new vehicle depreciates in the range of 30 %. Of its total initial value that the customer paid - whether it be cash, credit or auto financing. After all simply put someone has to ...
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