New York Used Cars

Why Buy Used in New York?

We all know used cars cost less than new ones. But if you look at the overall owner costs you can see an even greater value. Depreciation, fuel usage, insurance, interest on financing, maintenance and repairs, and sales tax are all factors that make buying a used car worth it. The average trade-in is only 4 1/2 years old with just 41,000 miles on it. This results in a lot of good cars available with lots of life left in them. Used vehicles that are later models are often the best values you'll find in the automotive market. Not only is the price lower than a comparable new car, but ownership expenses are simply lower.

American cars are known to be among the best used-car values. The reason for this is that they tend to be of excellent quality and reliability. Some believe that American made vehicles are not as good those from Japanese automakers, but this is not true. In fact, that assumption helps American cars depreciate more quickly and makes them better used-car values. Overall, American cars have strong mechanical and structural designs, and they are often less expensive to repair because of lower-priced parts, and more common repair facilities.

So why would you buy a Used car in New York?

 A car's value in just the first year of the car's life depreciates rapidly from 20 to 45 percent. Depreciation is a big key to used-car savings. A three-year-old vehicle has already taken its biggest hit in resale value. All in all, this means lower prices for used cars, which in turn mean lower finance charges and sales tax. Several factors determine depreciation, including the model's popularity, quality, supply, and whether or not the vehicle is of the current design. When a car model is totally revamped, especially if the name is changed, the older version usually drops in value more quickly. Those used cars are generally good buys.

Used cars have automatically become more appealing, because of their improved reliability. As a result, buying a late-model used vehicle is not as much of a risk as it used to be, and this has helped the sector grow the way it has been. When properly maintained, today's vehicles should go well past 100,000 miles, and many could reach 200,000 miles without a major breakdown.

Buying a hybrid or very efficient new vehicle is a great way to reduce your carbon footprint and save on gas. But there is an alternative: buying used. Hybrids may get great gas mileage, but it takes 113 million BTUs of energy to make a Toyota Prius. Because there are about 113,000 BTUs of energy in a gallon of gasoline, the Prius has consumed the equivalent of 1,000 gallons of gasoline before it reaches the showroom. That is a lot of carbon, and it would take many miles to make up for that. As long as the used car is relatively fuel efficient, the debt has already been paid.

New York State

 The State of New York is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts and Vermont to the east. New York is often referred to as New York State to distinguish it from New York City.

New York City, which is geographically the largest city in the state and most populous in the United States, is known for its history as a gateway for immigration to the United States and its status as a financial, cultural, transportation, and manufacturing center. According to the U.S. Department of Commerce, it is also a destination of choice for many foreign visitors. Both state and city were named for the 17th century Duke of York, James Stuart, future James II and VII of England and Scotland.

New York was inhabited by the Algonquin, Iroquois, and Lenape Native American groups at the time Dutch and French nationals moved into the region in the early 17th century. First claimed by Henry Hudson in 1609, the region came to have Dutch forts at Fort Orange, near the site of the present-day capital of Albany in 1614, and was colonized by the Dutch in 1624 at both Albany and Manhattan; it later fell to British annexation in 1664.

The borders of the British colony, the Province of New York, were roughly similar to those of the present-day state. About one third of all of the battles of the Revolutionary War took place in New York. New York became an independent state on July 9, 1776 and enacted its constitution in 1777. The state ratified the United States Constitution on July 26, 1788 to become the 11th state.