5 Solid Money Reasons To Buy A New Truck
While used trucks can offer a tremendous value to the new owner, saving thousands of dollars in upfront costs, sometimes it makes sense to buy a new truck.
For consumers, there are 5 reasons to buy a new truck from Joe Bowman Auto Plaza:
• Gas mileage
• Technology
• Safety
• Better warranty
• Peace of mind
Each of these benefits offers a substantial savings over the life of the truck. And while a new vehicle does depreciate quickly, with regularly scheduled maintenance, the savings in gas mileage, warranty, and technology can make up for the difference in the long run.
New trucks also offer many new safety driving features that you won't find on older vehicles. For example, 40% of US drivers want blind spot detection and prevention. In fact, it's one of their most preferred features, according to the 2015 US Tech Choice Study conducted by JD Power.
Makes sense, doesn't it? The good news is that new trucks offer this very valuable safety feature. What's more, cars and trucks are much safer in the event of a collision. With the new crumple zone technology, vehicles offer more protection because of the ability to absorb shock and reduce impact to the human body.
Fuel economy is always a top priority for anyone owning a vehicle. Americans are constantly on the go, and they want the most bang for their buck at the gas tank. Late model trucks offer better fuel economy than ever before.
While used trucks at Joe Bowman Auto Plaza do come with a warranty, new trucks offer a longer warranty, which means greater peace of mind.
Buying A New Truck for Business Just Makes Sense
If you're a small business owner, buying a new vehicle is the way to go. The IRS has a little known tax deduction increase in Section 179, which was raised from $25,000 to $500,000 in 2016.
That means instead of depreciating a vehicle over time, companies can now write off the entire amount. No waiting required. Learn more about this deduction here.
As always with the government, there are considerations. The truck must meet certain criteria before it can qualify for their write-off.
For example, the IRS wants to make sure that the vehicle you're purchasing is rated to carry supplies and materials back and forth for business reasons.
The $500,000 maximum annual limit now permits a company to purchase as many as a dozen trucks in a single year, allowing all to be written off.
That's a significant tax savings!
Which is Better, New or Used Truck Buying?
There really is no right or wrong answer to this question. It all depends on your lifestyle choice. What we can tell you is this. At our Harrisonburg dealership, we've got you covered either way.
As a Joe Bowman used truck buyer, know that all of our preowned vehicles must pass a 75-point checklist or we will not list it for sale. Our certified mechanics go over every inch of the truck to ensure its safety.
In as far as it is mechanically possible, we do our best to ensure that the vehicle is 100% safe and in tip top working order.
With an extensive line of quality new and used trucks to choose from, let Joe Bowman Auto Plaza's 60+ years of service guide you in your decision. We're here to help!
