Maryland Used Cars
Why Buy Used Cars in Maryland?
We all know used cars cost less than new ones.
Depreciation, fuel usage, insurance, interest on
financing, maintenance and repairs, and sales tax
are all factors that make buying a used car worth
it. Used vehicles that are later models are often
the best values you'll find in the automotive
market. Not only is the price lower than a
comparable new car, but ownership expenses are
simply lower.
American cars are known to be among the best
used-car values. Overall, American cars have strong
mechanical and structural designs, and they are
often less expensive to repair because of
lower-priced parts, and more common repair
facilities.
So why would you buy a Used car in Maryland?
A car's value in just the first year of the car's
life depreciates rapidly from 20 to 45 percent.
Depreciation is a big key to used-car savings. A
three-year-old vehicle has already taken its biggest
hit in resale value. All in all, this means lower
prices for used cars, which in turn mean lower
finance charges and sales tax. Several factors
determine depreciation, including the model's
popularity, quality, supply, and whether or not the
vehicle is of the current design. When a car model
is totally revamped, especially if the name is
changed, the older version usually drops in value
more quickly. Those used cars are generally good
buys.
Used cars have automatically become more
appealing, because of their improved reliability.
When properly maintained, today's vehicles should go
well past 100,000 miles, and many could reach
200,000 miles without a major breakdown.
Buying a hybrid or very efficient new vehicle is
a great way to reduce your carbon footprint and save
on gas. Because there are about 113,000 BTUs of
energy in a gallon of gasoline, the Prius has
consumed the equivalent of 1,000 gallons of gasoline
before it reaches the showroom. As long as the used
car is relatively fuel efficient, the debt has
already been paid.
Maryland General Information
Maryland is a state located in the Mid Atlantic
region of the United States, bordering Virginia,
West Virginia and the District of Columbia to the
south and west, Pennsylvania to the north, and
Delaware to the east. It is comparable in size to
the European country of Belgium. According to the
U.S. Census Bureau, Maryland has the highest median
household income of any state, having surpassed New
Jersey in 2006; Maryland's median household income
was $68,080 in 2007. It was the seventh state to
ratify the United States Constitution and bears two
nicknames, the Old Line State and the Free State.
Maryland is a life sciences hub with over 350
biotechnology firms, making it the third-largest
such cluster in the nation. Institutions and
agencies located throughout Maryland include the
University System of Maryland, The Johns Hopkins
University, Howard Hughes Medical Institute, Celera
Genomics, Human Genome Sciences (HGS), the J. Craig
Venter Institute (JCVI), the Food and Drug
Administration (FDA), MedImmune (recently purchased
by AstraZeneca), the National Institutes of Health
(NIH), and the National Institute of Standards and
Technology (NIST).
Primary and secondary education
Memorial Chapel at the University of Maryland,
College Park, Maryland's largest university.
Public primary and secondary education in
Maryland is overseen by the Maryland State
Department of Education, which is headquartered in
Baltimore.[59] The highest educational official in
the state is the State Superintendent of Schools,
currently Dr. Nancy Grasmick, who is appointed by
the State Board of Education to a four-year term of
office. Each county and county-equivalent in
Maryland has a local Board of Education charged with
running the public schools in that particular
jurisdiction.
Maryland has a broad range of private primary and
secondary schools. Many of these are affiliated with
various religious sects, including parochial schools
of the Catholic Church, Quaker schools, Seventh-day
Adventist schools, and Jewish schools. In 2003,
Maryland law was changed to allow for the creation
of publicly funded charter schools, although the
charter schools must be approved by their local
Board of Education and are not exempt from state
laws on education, including collective bargaining
laws.
In 2008, the state led the entire country in the
percentage of students passing Advanced Placement
examinations. This marks the first year that
Maryland earned this honor.
Colleges and universities
The oldest college in Maryland, and the third
oldest college in the United States, is St. John's
College, founded in 1696 as King William's School.
Maryland has 18 other private colleges and
universities, the most prominent of which is Johns
Hopkins University, founded in 1876 with a grant
from Baltimore entrepreneur Johns Hopkins.
The first and largest public university in the
state is the University of Maryland, College Park,
which was founded as the Maryland Agricultural
College in 1856 and became a public land grant
college in 1864. Towson University, founded in 1866,
is the state's second largest university. Baltimore
is home to the Maryland Institute College of Art.
The majority of public universities in the state are
affiliated with the University System of Maryland.
Two state-funded institutions, Morgan State
University and St. Mary's College of Maryland, as
well as two federally funded institutions, the
Uniformed Services University of the Health Sciences
and the United States Naval Academy, are not
affiliated with the University System of Maryland.