Archive for the 'Lincoln Wheel' Category

Keep Your Dollars By Purchasing An Older Auto Rather Than A New One

January 22, 2012 on 6:16 am | By | In Lincoln Wheel | No Comments

Getting a Lincoln which has been on the road between one and two years can certainly make sense although we all like the idea of having a new one along with the feelings that come with that. I was encouraged against purchasing new Lincolns by my own grandma a long time ago. Her help and advice seemed to be to find a Lincoln that had not clocked up a lot of miles and was around two years old. This should mean that the Lincoln I ended up owning was in fairly good order especially since any work that had been needed on it up to that point would have been done.

While this made sense to me and I have been living by that theory ever since, there are actually other reasons why buying a Lincoln a few years old is a good choice. In this article I will explain to you how you can save thousands by purchasing a fairly new but used Lincoln.

I am not sure if you realize it or not but as soon as you buy a new Lincoln and drive it off the lot the value of the Lincoln just drops by thousands of dollars. So if you buy a Lincoln that cost you $25,000 and you thought you got a great deal, you really didn’t. Once you drive that Lincoln off of the lot it could possibly now only be worth $20,000. So in a matter of a few moments and a few miles you just erased $5,000.

If you think maybe I am just exaggerating, go and get a new Lincoln. Then simply drive it no place else but directly home. Then the next day bring the Lincoln directly back to the dealer and find out how much you can get for a trade in. Most likely for that $25,000 Lincoln you bought yesterday they will offer only you $15,000 to $20,000 for the trade in value.

This continues to be the market norm for many years. However right now a number of dealerships are offering you a 100% trade in price for 30 days after you buy the Lincoln. But once those 30 days are over, you are out of that $5,000 no matter how you look at it. And in case you try to sell your vehicle outright you could find yourself losing even more than that.

That instantaneous decline in value is something you will not have to cope with if you decide to buy a Lincoln that is say 2 years old. In addition to this, any problems with the Lincoln should have been ironed out just as my grandma advised. The distinction between a new Lincoln and a used Lincoln not having way to many miles, is in favor of the latter on this basis.

Thus when getting a new Lincoln, these are all issues that you should consider. You can uncover great value if you possibly can resist the lure of a brand new Lincoln. Learn more about lincoln wheel.