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You Know Their Rules ...
You Can Play Their Games
Option
Packages
In order to avoid having to build cars with hundreds of different
option combinations, manufacturers offer what they hope you'll
find to be attractive option packages. As you shop for your
car, keep in mind that a higher-and thus more expensive-model
in the line may come with more options standard and represent
a better value, at less price than it would for you to buy
a base model and then begin to add the options you want. At
the same time, however, be sure that the option package does
not include equipment or trim that you don't want or need.
Our advice when it comes to options is to examine the option
packages carefully and then consult one of the price guides
to determine the dealer cost and the markup. (We'll go into
more detail on this in a moment.)
Depreciation
Another factor to consider when you buy a car is how fast
it will depreciate. This is particularly important if you
think you might be trading it in two or three years from now.
Cars lose their value at different rates. Some, for example,
may have lost as much as 40 percent of their value after the
first year; others with similar features and engines may have
lost only 15 or 20 percent. If you'd like a better fix on
the projected depreciation of your target car, get the Automotive
Lease Guide's Residual Percentage Guide by calling 1-813-791-4955.
It comes out every other month and sells for $12.50 plus shipping
and handling.
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