Archive for September, 2013
Purchasing a used car is not easy, especially if you are trying to find an option that fits within your budget as a below-prime buyer. Luckily, there are a few tips that should help prospective drivers sort through used cars for sale and select just the right one, all without putting a major dent in their wallet.
The first thing shoppers should do is set a realistic budget for themselves. This goes beyond just considering the sticker price of a car – instead, a savvy buyer will be looking at the total cost of ownership. Fuel economy, maintenance costs, rebates and loan payments are all aspects of ownership that need to be taken into account as you calculate the actual cost of a car.
Another important step buyers should take is assessing their current credit score and loan situation. Financing can be a big help to sub-prime buyers, but it is important to put yourself in the best position to get loans by improving a credit score and making yourself an attractive candidate.
If there's one thing below-prime buyers should do, it's research. Learning the ins and outs of a potential vehicle can help you understand the costs tied to it as well as areas where you could save. Looking into the history of a specific automobile can alert you as to crash history, reliability and similar factors that may influence your decision to purchase a car.
No matter what your budget is, you should be able to find a suitable vehicle among the hundreds for sale at New Jersey State Auto Auction. The lot contains many CARFAX-certified cars, trucks and vans, all of which offer affordable options for used car shoppers.
The critically acclaimed television show "Breaking Bad" may have come to an end Sept. 29, but fans can still take home a piece of it. Several of the used cars from the series are up for sale, including a few models that played a role in some of the show's most memorable scenes.
"For the last several years, 'Breaking Bad' has grabbed viewers' attention every Sunday, and now as it comes to a close, many fans will want to get their hands on a piece of the show's history," said Dayna Bateman, a director at Experian Automotive.
In total, there are 10 cars going up on the auction block, with options ranging from poor to good quality. A 2003 Pontiac Aztek, which was driven by the main character, Walter White, for the first four seasons of the show, should draw a lot of attention. However, the vehicle was crashed on set and is not in driving condition, meaning that any buyer would have to do some extensive repairs, which explains its $1,000 starting bid.
Other vehicles are in slightly better shape. A wood-sided Jeep Wagoneer driven by Skyler White as well as a 1977 Cadillac used by Walter White during the final season should each command a pretty penny at the auction, despite their age and mediocre condition.
Bids for the vehicles will be accepted until 12 p.m. Oct. 7.
You may not be able to purchased one of the used cars from "Breaking Bad," but you can certainly look for your next investment at places like NJ State Auto Auction. This auction lot has hundreds of CARFAX-certified cars, trucks and vans, giving you plenty of options for selecting your next ride.
The test drive is an important aspect of the car shopping process. In fact, when you are looking at used cars for sale, it may be the most significant factor that influences the final decision. It is essential to approach the test drive with a clear head and a set list of capabilities that need to be evaluated.
When test driving a car, one of the most important things to experiment with is how the vehicle handles different scenarios. That is why the drive should take place over an extended amount of time – about 45 minutes – or if possible even the course of a few days. You should also make it a point to drive in different situations and conditions, such as on the highway, on quieter residential roads and the like.
Specifically, you should be looking at how the vehicle accelerates, brakes and corners. Paying attention to other issues, such as engine noise or miscellaneous creaks, is also necessary, as it can clue you in to potential problems. Once these areas have been addressed, you can begin focusing on things like cargo space, fuel economy and technological features that you want to find in a used car.
Drivers also need to take their personal comfort into account. How do the seat and steering wheel feel? Are you able to comfortably access the pedals? Are the controls intuitive? All of these smaller details come together to impact the driving experience, so it is important to assess them early in the buying process.
You can get the buying process started with a visit to New Jersey State Auto Auction. With hundreds of CARFAX-certified cars, trucks and vans available, the auction lot is a great place for drivers on a budget to scope out a future ride.
A car is a major purchase, and it's not uncommon for individuals to need some help to close the deal. Many turn to auto loans to spread out the cost of the investment, and recently this financing option has undergone an evolution that makes it more attractive to motorists. Whereas loan payments once were restricted to four years or less, the uncertain state of the economy and a surge of subprime borrowers have extended the typical financing timeline.
While the length of a loan payment will vary from person to person based on individual financial situations, recently providers have been offering longer deals for drivers. Instead of short-term loans, which were once the norm, many motorists are embracing financing deals of five years or more.
According to a study from Experian Automotive, the average car loan now runs about 65 months. That is longer than it was a decade ago, and as a result consumers are turning their attention to slightly more expensive vehicles. Because the payments are spread out over a longer period, the monthly rates stay low, allowing drivers to take advantage of high-quality cars without breaking the bank.
"The days of four-year loans are rare," Ronald Montoya, the consumer advice editor of Edmunds.com, told The Salt Lake Tribune. "Consumers are getting more and more focused on monthly payments and getting into a loan cheap."
Finding a high-quality, low-cost vehicle can make taking out an auto loan more palatable. That's why many motorists turn to places like New Jersey State Auto Auction, which has a wide selection of CARFAX-certified cars, trucks and vans that won't put a dent in their wallets.
When a teenager is first learning how to drive, safety is of paramount importance. Parents want to make sure their child is behind the wheel of a secure, high-quality car, but they also do not want to put a big dent in their wallets. Luckily, there are some used cars for sale that offer safety without requiring Mom and Dad to go over budget.
A list compiled by CarInsurance.com took a look at the top options for teen drivers. Each of the used models included on the list is from the year 2009 and features relatively low insurance rates as well as compact designs that lend themselves to more stability on the roads.
Coming in at the top of the selections was the Ford Taurus. With solid fuel economy and low-cost maintenance, the Taurus is a safe and roomy choice for families. The Taurus narrowly edged out the Honda Accord, which was selected thanks to its large interior and impressive longevity.
Drivers who want their investment to have a sleeker look may be drawn to automobiles like the Ford Fusion or Subaru Legacy. These options boast all-wheel drive capable of offering safety in all types of weather without sacrificing an attractive exterior design. Similarly, the Volkswagen Jetta provides exemplary performance and fuel economy along with solid safety features and handling.
If you're looking for a used car that can serve and protect your teen, check out the selection at New Jersey State Auto Auction. The auction lot has many affordable CARFAX-certified cars, trucks and vans that can act as a safe option for young drivers. With a great collection of vehicles offering a prime balance of safety, performance and value, the facility may have just the right car for you.
Shopping for a used car can provide a lot of opportunities for buyers looking for value, but these motorists have to be aware of some common mistakes that can disrupt the process. These blunders can occur at any point in the search and selection of pre-owned vehicles, so drivers should pay attention to how they conduct the business transaction.
"Buying a car is something people usually only do at most every few years, so naturally the right way to go about it isn't always top of mind," said Brian Moody, the site editor of AutoTrader.com. "But a misstep during the shopping process could turn a great deal into a money pit in the long run."
One concept to keep in mind is that you should compile a list of the features you need and stick to it. The overwhelming amount of options available at a used car lot can cause you to consider special packages or amenities that are unnecessary, which could drive up the cost. Having a concrete list of what you want will help to keep you focused throughout the shopping experience.
Drivers should also be sure to take the vehicle in for a mechanical inspection. A vehicle may run beautifully during a test drive but still have some issues under the hood. Having a professional take a look at the inner workings of a used car is essential for planning out future maintenance and making sure there no surprises in store.
You can find a great used car shopping experience at NJ State Auto Auction. The auction lot is filled with CARFAX-certified cars, trucks and vans, any of which can offer great value for drivers.
Acquiring a car loan is within the realm of possibility for many drivers, but they have to be equipped with the right materials before they can apply for and receive financing help. Here are a few of the most important materials you will need as you start the process of getting an auto loan:
Drivers should know their credit rating before starting the process of applying for a car loan. Lenders will look at this score immediately, and having a clear picture of what your credit history is and how it affects the loans you receive will make the process go a bit more smoothly. Additionally, those drivers who find their score is less than ideal can take some time to improve the number before applying for a loan, thus improving their chances of getting the financing help they need.
In addition to knowing their credit score and having proof of insurance, drivers ready to apply for a loan need to arm themselves with a few other pieces of information. For example, prospective buyers need to have proof of identity and residence, which can be supplied in the form of a standard, government-issued photo identification and a utility bill with your name and address on it. Proof of income is also important and can generally be satisfied by pay stubs or bank statements. You should make sure you have all of this information before heading to a bank or dealership to begin the financing process.
Once you have all of the materials you need, you can head to New Jersey State Auto Auction and begin searching for a used car that fits your style and budget. The auction lot has a variety of CARFAX-certified cars, vans and trucks in price ranges that suit almost any buyer.
Now that lengthy summer road trips are in the past, it is time for drivers to turn their attention to fall and winter maintenance. Cooler temperatures, slick roads and inclement weather will be here before you know it, and it is extremely important to get a leg up on regular maintenance that can prevent problems from striking in the future.
There are a few areas of a car that drivers should be looking out in preparation for colder weather. Brakes will likely need to be replaced. Excessive use stemming from heavy summer traffic or extended road trips could wear down these gears, and you should install some fresh products to handle slick or icy roads.
Another area that needs attention is the wipers. Not only should you be checking the wiper fluid to make sure you can clean the ice off a windshield, but you also should consider getting new blades. Driving in the winter requires heavy-duty wipers that can break through frost, wet snow, leaves and more. Having new ones installed ensures that you'll can break through this buildup to see whatever obstacles are in your way.
Perhaps the most important aspect of a vehicle that needs to be examined is its tires. Some motorists may want to consider investing in snow tires for the winter, particularly if they anticipate lots of tough driving conditions, but others should simply be checking on the tread to see if the tires are capable of gripping slippery roads in the months ahead.
The Total Car Care Center at NJ State Auto Auction is available to help drivers perform maintenance on their vehicles. The garage caters to the public and can help with any issues your automobile may have.
Mileage is one of the most important factors motorists look to when searching for a used car. It is not easy to find the fuel economy of older vehicles, however, especially because there is so much different information available. A new program from the U.S. Energy Department and the Environmental Protection Agency aims to change that.
The new initiative allows sellers of used cars to display labels describing the mpg ratings and carbon dioxide emissions estimates on the vehicles. These figures would be displayed in addition to the miles accumulated, which is often shown on cars for sale. Labels will be available for all automobiles produced after 1984.
Despite the fact that these vehicles are used, the fuel economy and emissions numbers should remain accurate. As long as a car had proper maintenance throughout the course of its life, both fuel efficiency and carbon pollution should remain at a steady level.
Prospective buyers should welcome this change. Not only will it make it easier to compare the cost of owning various automobiles, but it will also allow shoppers to be a bit more environmentally conscious as they hunt for their future ride. With more information, they are better qualified to make a decision and select a used car that offers reliability and value.
Drivers searching for a fuel-efficient used car need to explore all of their options. One of the best to check out is New Jersey State Auto Auction, which is filled with CARFAX-certified cars, trucks and vans. These pre-owned vehicles can be thoroughly researched before purchase to learn anything you need to know about mileage, maintenance and repairs.
With hurricane season arriving and heavy rains approaching much of the country, floods are a common threat. However, what many people do not realize is that these rising waters can cause extreme damage to vehicles as well as other property, and in countless situations, the automobiles left on the roads are sold to unsuspecting buyers.
According to the Federal Trade Commission, vehicles damaged by Hurricane Sandy are still being sold. CARFAX estimated that more than 212,000 automobiles that had water damage are still on the roads, with about two-thirds in 10 states, including New Jersey, Pennsylvania and New York. Other storms and floods around the U.S. could affect cars that are then shipped to other areas and sold.
"Our research proves that flood-damaged cars are everywhere," said Larry Gamache, the communications director at CARFAX. "It's big business for professional con men to quickly clean up and resell these cars miles from where the flooding occurred. Consumers need to look out for flooded cars no matter where they live. They're a serious danger to anyone who unknowingly buys one."
Although many of these vehicles may look fine on the outside, there may be instances of water damage and corrosion on the inside that leads to poor performance and potentially dangerous situations. Water can also wreak havoc on an electrical system, allow mold to grow within a ventilation unit or interfere with the operation of safety features.
Drivers can rest assured that they are finding quality used cars for sale at NJ State Auto Auction. The lot carries CARFAX-certified cars, trucks and vans, allowing prospective buyers to select an option that is both affordable and of good quality.
The Volkswagen Golf has been named the Used Car of the Year by one widely read buyer's guide. What Car? magazine awarded the Golf with the accolade thanks to the vehicle's superior dependability and affordable price, with a panel of automotive experts selecting the seventh-generation vehicle as one of the top choices for a used car investment.
The Golf was also rated as one of the best options for family cars. It won the top prize in its class last year as well, and a number of the features motorists liked the most continue to be included on Volkswagen models, ensuring that the pool of used Golf vehicles remains high in quality.
"The What Car? used car of the year and family car winner, the Volkswagen Golf has consistently proved that you don't have to buy big to get impressive cabin quality and refinement," said John McIlroy, editor of the publication. "Volkswagen has got it right with the Golf, each generation of Golf gets better and better, making it such a great used car buy."
Not only do experts believe the Golf is a great option for used cars, but it seems shoppers do as well. The vehicle was viewed twice as much as any other car on one auto information website, showing that many prospective buyers are curious about this model and its many benefits.
Drivers looking for a Volkswagen Golf or similar model may want to head down to New Jersey State Auto Auction to check out the selection of used cars for sale. The lot has many CARFAX-certified cars, trucks and vans that could be the right choice for a pre-owned vehicle.
National Child Passenger Safety Week kicked off Sept. 15, and as part of the awareness effort, the organization Safe Kids Today released a new safety study with the General Motors Foundation. Titled "Buckle Up: Every Ride, Every Time," the report found that many parents are not using seatbelts effectively with their children.
According to the study, about 21 percent of parents believe it is acceptable to drive with children unrestrained in specific circumstances, such as when they are only driving a short distance or traveling overnight. However, these instances can be among the most dangerous for passengers. Approximately 60 percent of accidents involving children occur 10 minutes or less from home, and kids are more likely to be injured in crashes at night than during the day.
"As kids grow up, it can be easy to forget the importance of taking time to buckle up, especially on a quick or overnight trip. Unfortunately, exceptions can lead to tragedies," said Mike Robinson, a vice president at GM. "The research findings underscore the importance of remaining vigilant about buckling up throughout a child's lifetime. There is no reason important enough to take the risk."
Safety doesn't stop when kids are old enough to drive themselves, either. New drivers need to buckle up just as much as young children, and engraining the habit of automatically using a seatbelt can protect them in many situations on the roads.
Parents, young drivers and other motorists should be on the lookout for a vehicle that blends their desire for style with the need for safety. At New Jersey State Auto Auction, they can browse through a wide selection of CARFAX-certified cars, truck and vans, many of which are both safe and attractive.
Graduated driver licensing laws were created to give young motorists plenty of time to get used to the road before they find themselves in risky situations. Often, these good intentions fall short, as many teen drivers bypass the regulations without the knowledge of their parents. In fact, according to a recent survey from State Farm, many parents and their teen drivers are not on the same page when it comes to GDL programs.
The study found that there are several areas where parents are not informed as to their teen's driving habits. For instance, about 69 percent of adults think their child always follows a nighttime driving curfew, when in reality, only 48 percent of teens say they almost always follow this law. Similarly, approximately 70 percent of parents believe their children adhere to rules regarding the number of passengers they can have in a car. Only 43 percent of young motorists say they always follow this restriction, which can contribute to unsafe situations and distracted driving.
"Over the past two decades, some form of GDL has been passed in every state, and teen crash fatalities have dropped substantially, but more still needs to be done to save lives," said Kendall Pole, chairman of the Governors Highway Safety Association. "Parents can play a key role in enforcing and monitoring GDL laws and helping teens become safe drivers. Parents should not rely solely on GDL to instill good driving habits – they have to step up as well."
Parents looking to keep their teens safe will want to make sure they are investing in a car with plenty of safety features. To do so without breaking the bank, head down to NJ State Auto Auction. There you can find a wide variety of CARFAX-certified cars, trucks and vans that could be the ideal affordable investment for you and your teen.
Sorting through the many used cars for sale to find the best option isn't the easiest undertaking for drivers. With so many makes and models to choose from, it can be overwhelming to attempt to select the right one, which is why Edmunds.com compiled a list of The Best Used Cars of 2013.
"There are a lot of popular cars on this list, and that's not a surprise," said Scott Oldham, the editor-in-chief of Edmunds.com. "Wider availability of a particular vehicle almost always translates to more competitive prices and better value for used car shoppers."
Leading the way with four inclusions each were Honda and Toyota. For Honda, the Fit was named the best used subcompact sedan, while the Accord was named the best used coupe, the CR-V was the top pre-owned compact SUV and the Odyssey was rated the top used minivan. The Toyota Avalon was named the No. 1 used large sedan, the Highlander was the top midsize SUV, the Tacoma was the best compact truck and the hybrid category was dominated by the Prius.
Ford was next with three selections – the Fusion, which was the best midsize sedan, the F-150, which was the best large truck, and the Mustang GT, selected as the top performance car.
All of the models considered were produced from 2006 to 2011, providing many options for drivers looking for the right model car.
Whether you're looking for well-known brands like Honda, Toyota or Ford or are open to simply finding the best vehicle for your needs, you can find a future ride at New Jersey State Auto Auction. The auction lot has a wide selection of CARFAX-certified cars, trucks and vans, any one of which could act as your next vehicle.
The pope has one of the most famous rides in the world: the Popemobile. It's not practical to always travel around in an easily identifiable, bulletproof vehicle, however, which is why the church leader has invested in a used car. Pope Francis, who has famously traveled by public transportation and advocated for simple living, accepted a 1984 Renault 4 as a symbolic gift from an Italian priest.
Father Renzo Zocca, a 70-year-old priest from Northern Italy, reached out to the pope to inform the leader of his used car and offer it as a gift. The vehicle, which was primarily used to visit parishioners, features a white paint job and has racked up about 186,000 miles in its decades of use. Despite its age, the pope was more than willing to accept the car and was even ready to drive it, as he owned a similar Renault 4 back in his native Argentina, Reuters reported.
While it's doubtful Pope Francis will be making any public appearances in the used car, he is ready to ride around Vatican City in the vehicle. Should the weather turn and snow start to fall, the pontiff will be prepared – the Renault has snow tires stashed in the trunk.
"I think the pope will drive it a bit himself inside the Vatican," said Father Ciro Benedettini, the deputy spokesman for the Holy See, as quoted by the news source.
While the 20-year-old car may be right for the pope, most American drivers are probably searching for something a bit more modern. That's where New Jersey State Auto Auction can come into play. The lot is home to many CARFAX-certified vehicles that provide a solid, dependable ride at an affordable cost.
The majority of drivers need the help of an auto loan to complete the purchase of a used car. Despite the fact that this financing option is relatively common, there are many variables that influence the bottom line and cause uncertainty among motorists. One element to be considered is geography, as the state of residence and purchase can play a role in auto loans, along with various personal factors.
Rates vary by state
According to a study from GoBankingRates.com, geography plays a major role in the auto loan rates you can expect to receive. In fact, the average interest rates differed greatly by state. Michigan boasted the lowest, with an average of 3.03 percent, while Rhode Island had the highest at 5.11 percent. Other states on the lower end of the spectrum included Pennsylvania and New York, which had rates of 3.84 and 3.51 percent, respectively.
New Jersey was a bit on the costly end of the spectrum, with an average interest rate of 4.47 percent – a fact that makes understanding all options even more vital.
What you can do
No matter where you are located, there are steps you can take to get your auto loan interest rates as low as possible. Shop around for an auto loan before you check out used cars for sale. That way, you'll have a budget in mind as you research and test drive vehicles.
If you're searching for an auction lot where you can find quality vehicles at affordable prices, look no further than NJ State Auto Auction. There you can browse through a wide array of CARFAX-certified automobiles, many of which are options that won't break your budget or can be purchased with the help of a car loan.
As the quality of vehicles continue to improve, the supply of used cars for sale is getting better and better. This is good news for many drivers, as it means they can find pre-owned automobiles that boast some impressive features and top-notch performance, all without breaking the bank. However, as the quality goes up, so do prices. Although the sticker prices for these used cars are still much lower than new models, shoppers have to put in some work to find the best value.
The NADA Used Car Guide predicts that the price of used cars that are between 4 and 10 years old will be 0.5 percent higher at the end of 2013 than they were the year before. At the same time, pre-owned vehicles that are under 3 years old will likely see average prices 1.5 percent lower than in 2012. Much of this has to do with the quality and reliability of older models, which are rapidly leveling the playing field in these areas when compared to more recent automobiles.
"Historically speaking, reliability and unexpected repair cost concerns meant that vehicles over 5 years of age took a back seat to their younger, in-warranty counterparts in terms of demand," said Jonathan Banks, an analyst for the NADA Used Car Guide. "However, rapid advances in dependability over the past decade have changed consumer attitudes toward purchasing older vehicles."
Drivers on the hunt for used cars that are both dependable and valuable are not without hope. The lot at New Jersey State Auto Auction is filled with CARFAX-certified cars, trucks and vans, and any of these pre-owned vehicles has the potential to be a great investment for any motorist.
Buying a used car is an expensive endeavor, so there is no shame in needing auto refinancing or a car loan to purchase a vehicle. In fact, more and more drivers are turning to loans to complete an investment, which is having a widespread effect on the auto industry.
According to a recent study from the informational group Experian Automotive, more than 84 percent of car purchases made in the second quarter of 2013 involved a car loan. That represents a record high and a significant increase from the same time in 2012.
While more prospective motorists are taking out loans to make a car purchase possible, they are also paying the debts back at a higher rate. The study found that the rate of loans ending in repossession dropped to 0.36 percent, which is a record low. As the number of delinquencies fall, banks are in a better position to offer more loans to subprime borrowers – a fact that should be welcome news for many consumers.
"Loans have become more accessible in recent years, and we've seen a steady growth in the percentage of consumers financing their vehicles," said Melinda Zabritski, a senior director of automotive credit at Experian Automotive. "Obviously, this is good news for the auto industry, but it's also good news for consumers, because this, combined with the reduction we have seen in delinquencies, shows that they are feeling more confident in their ability to take on more debt and pay it off in a timely manner."
If you're looking for a used car that won't break the bank, check out the selection at New Jersey State Auto Auction. The lot is filled with CARFAX-certified cars, trucks and vans, all of which can provide a solid choice for the value-conscious consumer.