Tuesday, February 4, 2014

Investing in the Future with a Vehicle

When you drive off the lot with a new or used car, what's on your mind? It could be the vehicle's precise handling, roomy interior, peppy engine or some other feature. Unless you're a particularly astute buyer, though, it's probably not your new vehicle's eventual resale value. This could be a mistake: Savvy car buyers look at their rides as long-term investments that can pay them back big time.

Not All Cars Are Alike

As more car buyers treat their vehicles as long-term investments, an entire industry has sprung up to measure and compare used-car values. Comparisons of resale value center around several factors, including vehicle make, mileage, maintenance history and driving conditions.

Fortunately, Toyota and Lexus vehicles stand up exceedingly well in these comparisons. In 2013, both makes finished at the tops of their respective classes. They've also proven themselves in northern Michigan's harsh climate.

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 Factors Most Folks Don't Consider

While many car buyers consider the basic factors that we've mentioned above, some fail to consider less obvious variables. Of these, dealer certification is crucial. There are plenty of used-car lots that sell acceptable vehicles, but few dealerships go the extra mile and subject their pre-owned vehicles to rigorous inspections before putting them on the lot. It's crucial to work with a dealer that puts its inventory through the ringer. Over time, dealer-certified cars hold up far better than private-sale vehicles. If you're looking to protect your investment, the choice is clear.

Choose the Right Partner

There are dozens of factors that affect the value of used cars. If you look at your vehicle as an investment instead of a "ride," you'll treat it better and find yourself in a better position to profit from its sale. When the time comes to say goodbye to your faithful car, be sure to visit a Toyota dealership with hundreds of new and used cars for sale. To learn more, stop in at our Cheboygan location, visit us online or call 888-337-6364.

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