I've found that the price of three year old used cars are usually around half the price of a similar new car. Pickups take about five years to drop to half the cost of a new one.
Used vehicles in good condition are a very good deal for someone who does not drive a lot of miles per year, say under 10,000 miles per year per vehicle. With good maintenance, a used vehicle can easily give then ten or more years of reliable service. For someone who puts 20,000 or more miles per year on a vehicle, a new car with a good warranty and high trade-in value can be better.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
... [Read Article]
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