WHY IS IT A BAD IDEA TO SAVE FOR A CAR?

If you are living on the Gold Coast, or anywhere else in Australia, you may have felt the need to buy a car for picking and dropping your child to

By buying a pre-owned vehicle in good condition, you can keep your costs way down over that time. (A certified pre-owned vehicle, usually one coming off a lease, often includes warranty coverage, which greatly reduces the worry that can also come with buying a used car.)

Five years of strong new car sales have created a large supply of “gently used” off-lease vehicles, and these are priced at a significant discount, according to Cox Automotive. Many potential new-car buyers looking for good value will be drawn into this used market, the company said.

About 35% of new cars are priced below $30,000, compared with 54% in 2012, according to another Cox Automotive report. Separate data from Edmunds show that the price of a 3-year-old used car — the age of most autos coming off leases — averages $13,535 less than a new car. In 2010, the difference was less than $9,000.

If you are considering a new car purchase and the above seems a little complex, or you simply want help sorting through the details, let us know and we will get in contact with you to arrange an obligation free discussion.

By buying a pre-owned vehicle in good condition, you can keep your costs way down over that time. (A certified pre-owned vehicle, usually one coming off a lease, often includes warranty coverage, which greatly reduces the worry that can also come with buying a used car.)

Five years of strong new car sales have created a large supply of “gently used” off-lease vehicles, and these are priced at a significant discount, according to Cox Automotive. Many potential new-car buyers looking for good value will be drawn into this used market, the company said.

About 35% of new cars are priced below $30,000, compared with 54% in 2012, according to another Cox Automotive report. Separate data from Edmunds show that the price of a 3-year-old used car — the age of most autos coming off leases — averages $13,535 less than a new car. In 2010, the difference was less than $9,000.

If you are considering a new car purchase and the above seems a little complex, or you simply want help sorting through the details, let us know and we will get in contact with you to arrange an obligation free discussion.

By buying a pre-owned vehicle in good condition, you can keep your costs way down over that time. (A certified pre-owned vehicle, usually one coming off a lease, often includes warranty coverage, which greatly reduces the worry that can also come with buying a used car.)

Five years of strong new car sales have created a large supply of “gently used” off-lease vehicles, and these are priced at a significant discount, according to Cox Automotive. Many potential new-car buyers looking for good value will be drawn into this used market, the company said.

About 35% of new cars are priced below $30,000, compared with 54% in 2012, according to another Cox Automotive report. Separate data from Edmunds show that the price of a 3-year-old used car — the age of most autos coming off leases — averages $13,535 less than a new car. In 2010, the difference was less than $9,000.

If you are considering a new car purchase and the above seems a little complex, or you simply want help sorting through the details, let us know and we will get in contact with you to arrange an obligation free discussion.