Monday, April 26, 2010
If you are considering purchasing a new car this year, something to take into account is how much will that new car be worth after you sign all the paperwork and drive it home for the first time. If you want to get a great value when purchasing a car, we at Pumpkin Fine Cars and Exotics suggest you take a look into buying a car that is "like new". By most estimates, new cars can lose anywhere from 20 to 40% of their value during the first year of ownership. If you pay $20,000 for a brand new car and want to sell it in a year expect to get no more than $16,000 in return. This is even if you treat the car with the utmost care and do not put a lot of miles on it. So, that being the case, here at Pumpkin Cars we stock a variety of pre-owned luxury cars that are "like new"....let the previous owner take that 20-40% loss in value and you get a car that is in great shape, low mileage and by appearance looks like it is brand new.