Toyota Tops Brand Perception Survey Once Again

Consumer Reports released the results of its annual Car-Brand Perception Survey, and while Toyota topped the list once again, there were some surprising changes. The gap between the top four brands is shrinking and smaller companies seem to be reaping the benefits of changes in perception of larger manufacturers.

Toyota led the way in terms of brand perception but it did suffer a bit. While the company may have dropped in favorability in a few key categories, one place it did not suffer was quality. The publication found that Toyota's quality rating stayed at 19 percent – its same level as in 2011 – while competitors such as Honda dropped from 25 to 19 percent, and Ford dipped to 19 percent from 23 percent.

Another area where Toyota performed well was in its perceived friendliness to the environment. Though it dropped eight points from  2011 to 38 percent in 2012, it still placed well above other brands thanks in large part to the popularity of the hybrid Prius.

The dip in brand perception, which affected other manufacturers including Honda, Ford and Chevrolet, seems to be a result of an overall shift in attitude in the auto industry.

"Dramatic events in the automotive industry seem to be affecting how consumers view auto brands," the report states. "Erratic gasoline prices and a struggling economy have pushed consumers to prize low operating costs and good reliability."

Whether you view Toyota favorably or are more partial to Honda, New Jersey State Auto Auction has the perfect model. With a wide variety of used cars at affordable prices there, New Jersey Auto certainly has something for everyone.

Heat Star Dwyane Wade receives $230K McLaren

You might think that Miami Heat star Dwyane Wade has everything. The seven-time All-Star is on one of the best teams in the league and already has one NBA Championship to his credit. However, for his 30th birthday, Wade was given a pretty impressive gift – a $230,000 2012 McLaren MP4-12C, TMZ.com reports.

The present was given to Wade by a local dealership for which he happens to be the brand ambassador. The car is certainly a sight to behold. Much like its sister car, the iconic DeLorean DMC-12, the MP4-12C has iconic gull-wing doors, and it is definitely deserving of the hefty price tag. While the car may be the most captivating, perhaps most impressive is how it was presented to the 2006 NBA Finals MVP.

According to the website, the dealership wanted the ride to be waiting for Wade when he walked into the hotel pool area, and he wanted it to be waiting on a platform in the middle of the pool itself. Naturally, the car couldn't be driven in – it had to be airlifted by a crane.

The car was just one of the highlights of an impressive birthday bash for the NBA superstar. The party featured many famous attendees including Wade's two ballyhooed teammates – LeBron James and Chris Bosh. There were guests outside of the NBA world as well such as Usher and rappers T.I. and Common.

While you may not be behind the wheel of a $230,000 McLaren, that doesn't mean you shouldn't take care of your current ride like it's worth that much. New Jersey State Auto Auction's Total Car Care center provides the public with general upkeep and repair services so their vehicles can run smoothly.

What to Look for During a Test Drive

The test drive can be one of the most important steps in buying a used car. No matter how much research you do or how many reviews you read, what it all comes down to is how you feel behind the wheel, and you should make sure to place a heavy emphasis on taking the car out for a spin before purchase. Some people may not know what to look for during the test drive, but here are a few tips.

While you might think the test drive begins once you turn the key, it should actually start just before that. In fact, the Department of Motor Vehicles (DMV) advises you to check some of the components that don't have to do with the driving experience. For instance, you may want to inspect storage areas, door handles, seat and mirror adjustments, and signaling devices.

You should also look under the hood and in the trunk for a variety of reasons. For starters, the DMV says looking in the trunk can reveal tell-tale signs of flood damage such as water lines and mildew. Additionally, checking out the engine makes it easy to inspect fluid levels and other important criteria.

Once you're out on the road, perhaps the most crucial thing is to try out the car in a variety of situations. The test drive does not have to be long but you should make sure the car handles well, whether it be in stop-and-go traffic or on the highway. While on the road, test out all the systems including the heat, air conditioning and radio to make sure they function properly.

If you test drive a car at New Jersey State Auto Auction, there's a good chances you'll come out feeling confident about your decision. That's because New Jersey Auto provides a wide variety of makes and models at affordable prices – all of which are Carfax certified.

Chevrolet Volt Cleared by NHTSA

When the news of several post crash test engine fires in Chevrolet Volts came to light late last year, there was much speculation over whether it signaled a fundamental flaw in the car's design. However, an exhaustive investigation by the National Highway Traffic Safety Administration (NHTSA) found that Chevrolet is not to blame for the fires, USA Today reports.

The report comes nearly two months after the NHTSA opened the investigation in November and also found that General Motors' response to the issue will prevent it from happening again. Among the changes GM made was an extra steel casing around the battery to ensure that coolant doesn't leak in the event of the crash. Leaking coolant was deemed responsible for the fires.

"The agency's investigation has concluded that no discernible defect trend exists and that the vehicle modifications recently developed by General Motors reduce the potential for battery intrusion resulting from side impacts," a statement from NHTSA read.

The study also determined that electric cars are at no greater risk for engine fires than gasoline-powered vehicles. The announcement is certainly good news for the Volt, which has suffered somewhat of a damaged image as a result of the fires. It had already suffered a bit in terms of sales, with Chevrolet only delivering 7,671 vehicles in 2011 – falling short of the goal of 10,000 units, Bloomberg reports.

The Volt may be cleared, but regardless of what car you have, it could be at risk for many mechanical errors without proper maintenance. New Jersey State Auto Auction's Total Car Care center provides drivers with everything from basic upkeep to repairs to make sure their vehicle is kept running smoothly.

Dealers Eager for Trade-Ins

The economic collapse in 2008 has lead to a dearth of used cars. Many drivers are holding on to their vehicles longer than in previous years and as a result are not trading them in for updated models. In an effort to replenish a depleted used car market, many in the industry are putting in a significant effort to convince drivers now might be the time to trade in their vehicles, The Detroit News reports.

The unique situation has led some dealers to take drastic measures to find used cars. Some will look at their service departments and make drivers offers well above what they would normally pay. Others have turned online to find cars on websites like eBay. The shortage is reflected in the number of cars sold at auction.

"The number in 2010 was 8.4 million," Tom Kontos, executive vice president of Adesa Analytical Services, told the newspaper. "My expectation this year is it won't reach 8 million. So we are down somewhere between 1.5 [million] and 2 million cars, even with new-car sales increasing."

While it may be bad news for dealers, the shortage of used cars is great news for people considering trading in their car. However, even if the demand is high, there are still some steps you can take to ensure you get the most money possible.

According to Bankrate.com, one of the best ways to ensure a fair deal is to come prepared with all your service records. Additionally, you should do some research beforehand to have an idea of how much your car is worth.

New Jersey State Auto Auction is a great place to go to trade in your used car. Thanks to being an Autotrader.com trade-in marketplace, New Jersey Auto can provide you with a fast appraisal that will you have you driving away with a used car in no time.

GM Wrestles Top Spot in Sales From Toyota

General Motors had somewhat of a resurgence during 2011 and it recently put an exclamation mark on its path to recovery. The automaker announced earlier this week that it sold more than 9 million vehicles, vaulting it past Toyota to take the top spot, Bloomberg reports.

The figures mark a significant increase compared to 2010, when the company sold about 8.39 million vehicles. That 7.6 percent rise, coupled with the Japanese earthquake and tsunami that disrupted Toyota's production, made for a standout year for GM.

According to the news source, the accomplishment is especially good news for GM given its experience over the last several years. The last time it was the number one seller, in 2007, GM lost nearly $39 billion despite selling the most cars. This year, however it brought in an $8.1 billion profit.

"The difference between this title and other times is that they are profitable and that's where the bankruptcy was helpful," Rebecca Lindland, an industry analyst with IHS Automotive, told Bloomberg. "It's great to be No. 1, but it's a lot more fun to be profitable."

At the front of GM's resurgence was the performance of Chevrolet. The storied brand sold 4.76 million cars, the Los Angeles Times reports. The figures look especially more impressive if one considers that Chevrolet itself sold more than entire companies like Honda and Nissan.

Whether you're loyal to Chevrolet, Buick or GMC, New Jersey State Auto has the General Motors car you're looking for. Even if you want to go outside GM, the dealer has a wide variety of makes and models at affordable prices.

Do Your Research When Looking for a Used Car

Sometimes finding the right vehicle can seem like a struggle. No matter how much you look, it can appear nearly impossible to find the perfect car for the right price. Though everyone has their own methods when it comes to buying a used car, some habits are more effective than others and can go a long way in helping you land the ideal automobile.

A lot of the success of the purchase has to do with what brand you choose. While most people may be dead-set on only purchasing a top-end brand, the lesser known makes and models may get you an equally reliable vehicle at much less the price. According to the Toronto Star, having an open mind when it comes to brand selection can yield excellent results. Some of the best undervalued manufacturers are Kia, Mitsubishi and Suzuki.

Experts may advise against being too committed to a particular manufacturer, but the same cannot be said for a budget. The publication reports that setting a budget and sticking to it is  important because it can narrow your focus and, most obviously, keep you from spending too much money. Additionally, you may want to consider trading in your previous car to take a few thousand dollars off the price.

Like any major purchase, research is a must, and luckily there are plenty of options to learn about the history behind your potential purchase. At New Jersey State Auto Auction, all the cars on the lot are Carfax certified so you know you're getting a vehicle with no hidden issues.

Of course, having a reliable stable of cars is not the only advantage offered by New Jersey Auto. The dealer carries a wide variety of makes and models at affordable prices, whether you're looking for a Ford, Toyota or Jeep.

Car Loan Payments Just Part of Life For Some

Results of a new poll reveal some startling figures regarding how people feel about car loans. The study discovered that 64.3 percent of respondents believe that they will have a car payment during the rest of their life.

The research, conducted by LeaseTrader.com, polled 500 people in December and is indicative of a changing mentality among motorists. In a similar survey conducted five years ago, researchers found that only 48.6 percent felt that having a car payment was just part of life. However, things seems to have changed considerably since then.

"Because there are a lot of similarities between cars and cell phones today people also look at car payments with the same pay-as-you-go mentality," said Sergio Stiberman, CEO and founder of LeaseTrader.com. "More people today realize having a car payment is just something they will always have."

Aside from the obvious benefits of not having a monthly payment hanging over your head, paying  a car loan in a timely fashion has many other advantages. This is especially true for people who may have a bad credit history. Making loan payments on time is a great way to rebuild your record and put you on solid footing.

Though it might seem difficult to get approved for auto financing if you have bad credit, there's no need to worry thanks to New Jersey State Auto Auction. As the result of a partnership with the Credit Acceptance Corporation, New Jersey Auto is able to offer guaranteed credit approval to anyone who applies. Not only that, but approval usually occurs in just a matter of minutes so you can be driving off in a used car in no time.

Study: Majority of Gen Y prefer hybrids

Hybrid cars and electric vehicles have long been seen as the future, and that may prove to be the case if Generation Y has anything to say about it. A recent study conducted by Deloitte found that 59 percent of Gen Y respondents would prefer an electric vehicle over a traditional car, while 57 percent said the same about a hybrid car.

The survey polled 1,500 people from different populations including baby boomers and members of Generation X. However, it was Gen Y, the group of people born between 1977 and 1990 that were the most likely to turn to an alternative fuel source. Analysts say that their findings could mean big things because the generation comprises one of the largest groups of auto buyers in the country.

"Gen Y consumers also view hybrid technology as proven and reliable," said Craig Giffi, vice chairman and automotive practice leader at Deloitte. "Almost six in 10 Gen Y respondents prefer a hybrid over any other type of vehicle, while a mere two in 100 prefer a pure battery electric vehicle – demonstrating that Gen Y is familiar and comfortable with hybrid technology, but not so much with battery-only technology."

The study found some interesting tidbits regarding how Gen Y feels about the interior features of cars as well. Connectivity proved to be important, with 72 percent saying they would like smartphone applications, while 73 percent would like a car with a touch screen interface.

While hybrid vehicles dominating the market may still be a few years off, members of Gen Y looking for a reliable used car should head to New Jersey State Auto Auction. With a wide variety of makes and models, all at affordable prices, shoppers will certainly be able to find a car that suits their needs.

Different Poll, Different Result: Toyota Tops in Brand Loyalty

A recent J.D. Power study may have found that Hyundai leads the way when it comes to brand loyalty, but by Kelley Blue Book's (KBB) estimates, that's not the case. The company found that Toyota customers were more loyal during the fourth quarter of 2011 than those of any other auto manufacturer.

The results are somewhat of a return to form for Toyota, as it marks the first time since the third quarter of 2003 that the company has found the top spot on KBB's list. Specifically, researchers found that Toyota's brand shopping loyalty was up to 50.6 percent, marking a 2.7 percent jump since the third quarter.

It was that jump toward the end of the year that caused the discrepancy between the two lists. While Hyundai dominated the first three quarters of the year, Toyota came on strong toward the end after shrugging off the effects of the earthquake and tsunami in Japan. Not only that, but its redesign of the Camry seems to have struck a chord with consumers.

"Traditional leaders like Toyota are leaving the problems in the past and looking toward bright futures, while new players such as Hyundai, Kia and Audi remain forces to be reckoned with in the American automotive industry," said Akshay Anand, market intelligence web analyst for kbb.com.

Whether you're looking to maintain your brand loyalty to Toyota, Hyundai or any other manufacturer, New Jersey State Auto Auction is the place to go. The dealer provides a wide variety of makes and models at affordable prices. Additionally, every car is Carfax certified so you know you're getting a good deal.