Sunday, March 8, 2015

Why Buy Used Cars in Indianapolis This Year? Better Affordability

People who are looking for a new vehicle should consider buying used cars in Indianapolis this year because the prices are projected to significantly go down this year. According to a blog, “In 2014, used cars averaged a 12.1 percent rate of depreciation—which is to say, the average used car was worth 12.1 percent less in 2014 than it was in 2013.” This year, the price decrease is expected to be at 14.5 percent. Of course, a used car’s price would still be dependent on its make and model, but such news is promising for prospective buyers. Last year, entry-level and compact cars became more affordable during the latter half because of decreasing gas prices, while those that depreciated the least were small SUVs, small pickups, and full-size vans. It is expected that compact cars will remain budget-friendly because gas prices are still at a low.

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