Used Car vs. New Car

Value. That is the only reason that anybody would choose a new vehicle over a "pre-owned" one. Many people enjoy the fact that they are the original owners of the vehicle they drive, and continually want to enjoy that feeling on a newer car. Perhaps you are one of those that can see the Value of a used (not abused) car. Let's examine this further:

Currently, on our website we have a 2008 Chevrolet Silverado LTZ Vortec MAXX. This vehicle had an original Window Sticker of $45,165. Right now, it is on sale for $30,990! That is $14,175 off of the Original MSRP. Obviously, there are a couple things to take into consideration. First, our Internet sale price of a similar vehicle brand new would be somewhere around $37,000. Second, the used truck is 1 year old and has 40,000 miles on it.

Which is the better option? It depends on YOU! Would YOU rather have a new vehicle that fits in your budget, that may not have all the equipment and options that you desire or would you rather have everything you want in a vehicle at a reduced cost just slightly used?

GM 60 Day Satisfaction Guarantee - Customer Assurance

Too Good to be True? Not this time...

If you have been hiding out in the wilderness over the past few days, you may not know that this program exists. However, if you are a football junky, then you may have seen a commercial advertising this new program about 200 times over the weekend. You may have asked yourself,

"What is the catch?"

It's simple. There is none.

Buy one. Drive one for 30 days...

From the GM website:

ANNOUNCING THE 60-DAY SATISFACTION GUARANTEE*
We feel so strongly about our cars, trucks and crossovers, we're committed to making sure it's the right vehicle for you. We're backing that confidence and commitment with the 60-Day Satisfaction Guarantee. If you don't absolutely love your new Chevy, we'll take it back.* That's on top of our 5-year/100,000 mile** powertrain limited warranty. When you purchase a new Chevy, keep it for 30 days.
If you're not 100% happy with it after 30 days, you have 30 more days to bring it back. We'll refund the actual price you paid to the participating dealer, less any
rebates plus applicable sales tax.*

Have more questions? Check out the FAQs.
Want more details? See the Details
and Limitations.

*Return between 30 and 60 days with less than 4,000 miles. Not available
with some other offers. Other restrictions apply.Take delivery by
11/30/09.
**Whichever comes first. See dealer for details.
† Call
1-888-4ONSTAR (1-888-466-7827) or visit onstar.com for details and system
limitations.

What 0% Financing means to you

Of all the incentives released by manufacturers, there is one that is above and beyond any other. That is 0% APR. Financing the entire amount of a vehicle at 0% interest is 100% beneficial, if you keep the vehicle the full term of the loan. Normally, financing $25,000 at 72 months (extended terms are common in today's market) will give you a payment anywhere from $427-$574 depending on your interest rate. The same amount at 0% is $347. Obviously, you must take into account a couple of things. First, 0% is only offered on new vehicles. Second, you have to compare the amount of interest you will pay versus the rebate offered in lieu of the 0%. Often, the manufacturer makes you choose between a special rate or a healthy rebate. So, lets say that that same $25,000 you would be financing at 0% would be $21,000 after a $4,000 rebate. How do you decide what is best for you? All of a sudden, that $427 payment is $358. That is still higher than a 0% APR payment at $25,000, but what if you typically only keep your vehicles 2-3 years? Even though you would have a lower payment, your actual payoff would be higher if you chose the 0% financing. Too much to think about? To break it down in the simplest of terms, 0% financing is beneficial when you keep your vehicle throughout the entire loan, while the rebate offered instead of the o% is beneficial if you like to trade every 2-3 years. Solution?