Submitted by: Gary Allen

The dilemma whether to buy a new or used truck primarily depends on an individual s budget and his need for getting a truck. American families are choosing to exchange their aging vehicles with less-expensive used trucks instead of swanky new models. Numerous factors, such as economic meltdown, industry consolidation, and economic threat to implode the U.S. auto industry attributed to the brisk incline in used cars sales post-9/11

Thus used truck sales continue to increase in the US for the following advantages:

Latest model used trucks are not only a safe bet; they also make good financial investment. You can save enormously on licensing fees, registration, financing costs and insurance premiums. Used trucks are exempted from sales tax.

Some used trucks are still under the factory warranty.

Bigger bargains are possible for the smart used truck shopper.

Used trucks are more reliable today than ever before. The history of a used truck can easily be traced using the vehicle identification number (VIN).

Most new carmakers now sell certified used cars, which include warranties.

If you buy from a known party, the negotiation process is less stressful.

New Vs Used Trucks:

It is only natural that everybody would love to own a brand new car with all the upgraded features. But if new cars come with a price tag beyond ones reach its best to look the other way. Before finalizing your decision whether to buy new or used trucks, it is wise to understand the pros and cons of both types.

It has been observed that new cars lose a fair amount of its magnificence and market value by nearly 50 percent within a couple of years of usage. Depreciation begins to hit the owner in terms of its investment. Whereas if you decide to buy a used truck, you will be able to get a good deal due to the depreciation. Used cars that are only a year old are at least 20-30 percent cheaper than brand-new cars.

In recent times, used trucks are sold as certified pre-owned (CPO) by manufacturers bridging the gap between new and used models. They are subjected to systematic monitoring and evaluation of various aspects like repair and replacement to ensure that high standards of quality are met. In extreme cases, the only difference is the nameplate.

Sometimes warranties for the new cars are covered by the manufacturers for the first three years and in certain cases the warranties may even go beyond 3-4 years or a whopping fifty thousand to sixty thousand miles. The possibility is higher to find a used truck still under the factory warranty.

The true value of a used truck is based on its condition, mileage, reliability, performance and popularity. The following checkpoints will help you finalize a used car that will meet your needs:

Get the VIN and run a vehicle history report on all pertinent information.

Test-drive the car under your normal driving conditions.

Take the car to a mechanic if it is not certified by the manufacturer.

Read the contract carefully before signing and always make sure you get a clean title.

Inspect the car for dents, dings and scratches before taking final delivery.

Conclusion:

Finally, the choice of buying a new or used truck is yours. You have to take into consideration the funds you have and the requirements for which you need the truck. In case, you choose to buy used trucks, you can follow the points give above to make a successful purchase.

About the Author: Gary Allen is the co-founder of Southeast Truck Center Inc. He specializes in truck repair and used truck sales and has an experience of over a decade. Southeast Truck Center serves Cape Cod, Sagamore Beach and Massachusetts. For more information, visit

southeasttruckcenter.com

Source:

isnare.com

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