Now Is The Time To Buy Used Cars

The time is right for drivers to shop around for great deals on used cars for sale. While competition in the market has been tight for several years, resulting in extra expenses for drivers, the landscape is quickly changing – a fact that opens up many opportunities for prospective buyers. 

Numerous recent reports have found that the average used car price is dropping. This is welcome news for many, especially after several years of rising costs, and it could be just what some drivers need to get behind the wheel of the right pre-owned vehicle. According to Edmunds.com, the average cost of a used car fell by 2.8 percent in the third quarter of 2013 compared to the second, and prices were almost 1 percent less than at this time last year. 

"Buyers are no longer drawn to used cars the way they have been in recent years," said Joe Spina, the director of used car analysis for Edmunds.com. "Used car prices will likely continue to decline in the coming months simply because there will be more of these vehicles sitting on dealer lots." 

These lower prices, combined with the fact that auto loans are easier for many subprime buyers to get, and you have an excellent environment for purchasing a used car. 

You can take advantage of crowds clearing out from some used car lots. Less interest from other drivers means the conditions are perfect for finding some great deals, especially at reliable spots like New Jersey State Auto Auction. Although this lot consistently offers reliable, CARFAX-certified used cars at reasonable prices, you may be able to tweak financing offers and other details of the purchase to better fit your needs.