Lakeway Auto announces Nearly New program

Lakeway Auto’s Nearly New cars are marked with a special designation on the windshield. Nearly New cars help buyers avoid the high amount of depreciation associated with a new car.

Want new car results without the steep cost of new car depreciation?

Lakeway Auto’s new service is just the ticket.

Nearly New vehicles are the most recent addition to the Lakeway family.

“Depreciation starts as soon as a new car drives off the lot,” says Brett Williamson, owner of Lakeway Auto. “With our Nearly New line, you let somebody else absorb that depreciation, and get the value out of a car that’s almost new.”

“We’ve had huge success with it,” he added.

A brand-new vehicle rapidly loses value within its first few years. According to Edmunds, the industry standard in vehicle value, a new car is worth 60% less of what the owner paid at the end of three years of ownership. Depreciation rates vary with the condition of the vehicle, mileage, and other factors, but losing up to 60% of the value of a vehicle in the first three years is a number most American households can’t afford.

Nearly New is different from buying a typical used car, Williamson said.

“Nearly New vehicles come with our guarantee that it’s in the best possible shape,” says Williamson. “All Nearly New inventory comes with factory warranty, clean Carfax, and our Certified Pre-Owned, 85-point inspection. Essentially, one of Lakeway Auto’s Nearly New vehicles is as close to new as the customer can get, without the staggering price tag.”

Williamson said for shoppers who want much of the new car experience without the added cost, Nearly New is a no-brainer.

“If there’s anybody on the fence about buying a new vehicle versus used, I wish they would call me directly. I’d like to have a conversation with them and give them an opportunity to take advantage of the Nearly New program,” he said. “Because of comprehensive inspections, warranty and other dealer perks, buying Nearly New takes the guesswork and anxiety out of buying a used car. It really is like getting a new car, but it’s much easier on the pocketbook.

“Lakeway Auto has been building lasting relationships in the greater Morristown community since 1991. We’ve been voted People’s Choice for 18 years. We are known for low-pressure sales, comprehensive, 85-point inspections on all their Certified Pre-Owned and Nearly New vehicles, and fair appraisals for trade-ins.”

Williamson also noted the service department is available and extended warranties are available. He said that if Lakeway Auto doesn’t have the make and model buyers want on the lot, they can located the vehicle and have it ready to purchase within a week.

Lakeway Auto is located at 3017 West Andrew Johnson Hwy, Morristown.