| You have decided that Toyota is the vehicle | | | | loses value the minute it is driven off the |
| brand for you. But maybe you're wondering | | | | dealership lot. |
| what kind of Toyota - new or used? - you | | | | |
| should buy. This article will contain some | | | | New Toyota cars: More money - fewer problems? |
| information that will allow you to weigh the | | | | |
| pros and the cons of buying new or used. | | | | When you buy a Toyota car or truck new, you |
| | | | are almost guaranteed a few benefits. First, |
| Used Toyota cars: Bigger risk or bigger | | | | your new vehicle should be relatively |
| savings? | | | | maintenance free - especially for the first |
| | | | several years of ownership. The vehicle |
| Michelle Krebs, a writer for Cars.com, says | | | | warranty will often cover routine maintenance |
| that the current market has an abundance of | | | | like oil changes and tire rotations, as well |
| used cars for sale. Because the supply is | | | | as the cost of part repairs or replacements. |
| higher than the demand currently, prices are | | | | Warranties can even cover related vehicle |
| dropping. In many places, used Toyota | | | | services, like roadside assistance. . |
| selections are plentiful - eco-conscious | | | | |
| buyers can even find hybrid vehicles like the | | | | You might have more information at your |
| Toyota Prius and Camry at reduced rates. For | | | | disposal about new Toyota vehicle prices, |
| many buyers, used cars or trucks are | | | | too. The price of a used car or truck is |
| synonymous with a great selection at the | | | | heavily dependent upon its condition and |
| lowest price possible. | | | | mileage - two factors that are often |
| | | | completely independent of vehicle make and |
| Used cars, however, can be a gamble. Some | | | | model. Conversely, pricing information about |
| information about a used car or truck - such | | | | new vehicles is readily available - in |
| as where the previous owner drove it, how he | | | | newspapers, on Toyota dealer Web sites, or on |
| or she treated the vehicle, and whether the | | | | Internet car pricing resources - and prices |
| vehicle was purchased used in the first place | | | | are fairly standard. If you are trying to |
| - might not be available to the next buyer. | | | | negotiate a fair price on a new car, you are |
| Worse, some car dealerships rehab cars that | | | | in a better position to ask for the lowest |
| are not working well or that have serious | | | | price available, because unlike used cars, |
| malfunctions that might show up later. These | | | | mileage and wear and tear are not factors. |
| types of used vehicles are called "lemons," | | | | |
| and no vehicle brand - Toyota, Subaru, or | | | | The biggest downside to buying a Toyota new |
| Dodge - is without its lemons. | | | | is this: a new vehicle is a larger |
| | | | investment, and will depreciate the minute |
| Fortunately, reputable Toyota dealerships | | | | you begin driving it. Vehicle depreciation is |
| have been toughening up their requirements | | | | exponential, as demonstrated by the |
| about which used vehicles they will or won't | | | | mathematical model of exponential decay, V = |
| accept. Some used cars include factory | | | | Voert . This model demonstrates that over a |
| transferable warranties that can be carried | | | | 10-year period, a vehicle will lose much of |
| from one owner to the next. More importantly, | | | | its value; for example, a $20,000 new car is |
| a good dealership will always perform | | | | worth just over three thousand dollars in 10 |
| thorough inspections and test drives on any | | | | years. |
| used vehicles slated to be sold on its lot. | | | | |
| Still other dealers offer "certified | | | | Ultimately, consumers should chose the Toyota |
| pre-owned programs," which involve more | | | | model and vehicle condition suitable for |
| stringent requirements for used cars that can | | | | their individual lifestyles, budgets, and |
| be sold. | | | | needs. The best way to shop for a vehicle is |
| | | | to make a budget; draw up a list of what you |
| Finally, used cars and trucks can be a better | | | | are looking for in a car or truck, and then |
| value. Even when outfitted with special | | | | become as informed as possible about all of |
| features, they always cost less than their | | | | your options. |
| factory-new counterparts. Remember: A new car | | | | |