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. 

Holiday Driving May Be More Appealing Than Flying

Traveling is a necessary part of the holidays for many, but it also has the potential to be among the most dreaded aspects of the season. Uncomfortable flights, long delays and hectic security screenings create a nightmarish scenario at airports, and with the cost of airfare skyrocketing, travelers are looking for other ways to reach their destinations this year. 

The combination of high ticket prices and inconvenience may cause many travelers to consider taking a road trip. According to The Wall Street Journal, the average price of tickets for domestic flights during the week of Thanksgiving is up 9.4 percent compared to the same time last year, and although Christmas is still weeks away, flight expenses for that week have also increased 7.3 percent. These costs only look to keep rising, motivating many to mull over the possibility of driving to their destination. 

"With no relief in sight for escalating airfares and gas prices dropping below $3 per gallon in some parts of the country, more and more travelers are realizing the economic and hassle-free benefits of driving to their holiday destination," said Rich White, executive director of the Car Care Council. "Going by car offers a number of advantages over flying, and since a family of four can travel 1,000 miles round-trip by car for about the cost of one airline ticket, driving is the sensible option." 

Fewer expenses are just one of the advantages driving has over flying, according to the Car Care Council. Driving is a more comfortable alternative, as there is more legroom and general space for passengers, and it also allows travelers to create their own schedule. Avoiding long lines and inevitable delays at the airport could also save time in the long run. 

Having a safe, efficient vehicle is necessary for anyone taking a road trip. New Jersey State Auto Auction has hundreds of viable options drivers can choose from, and these CARFAX-certified used cars can help travelers save money this holiday season. 

How To Avoid Buying Flood-Damaged Cars

It has been more than one year since Superstorm Sandy devastated the Northeast, but the effects of the hurricane are still being felt – especially on the roads. That is because a number of vehicles damaged by the storm and subsequent flooding have been passed off as high-quality and sold to unsuspecting drivers all around the U.S.

While these automobiles may look fine, they often have extensive damage under the hood and within the frame, and those issues often rear their head after a short amount of time with a new owner. These problems can be a hassle, but there are a few things drivers can look out for to avoid purchasing a flood-damaged car. 

"Flood-damaged cars end up going places where consumers don't suspect it," Larry Gamache, CARFAX's communications director, told Edmunds.com. "But as con men get smarter, we get smarter on how we deter it." 

First, prospective buyers should be sure to check the car's undercarriage. Any signs or rust or flaking metal that appears out of place may be a warning sign. Similarly, if the carpet or upholstery is discolored, it could be an omen of flood damage. Drivers should also examine the headlights and taillights for foggy buildup on the interior, and the engine compartment and trunk should also be checked for water lines or other giveaways. 

Another quality that may be a red flag is any unusual odors. A musty or moldy smell could be indicative of mildew in hidden areas of the vehicle. If there is an overwhelming scent of bleach, cleaner or air freshener, it could be a way of masking some kind of odor, so pay extra attention in those situations as well. 

One of the easiest ways to avoid cars that have been damaged by floods or water is to shop at an auction lot you trust. Places such as NJ State Auto are ideal, as it carried CARFAX-certified vehicles that are both reliable and affordable. 

How To Care For Winter Tires

By now, many motorists are well aware of the advantages that winter or snow tires bring to the table. These tools are made for cold conditions and offer a variety of benefits for drivers, but they must be cared for properly to maintain their qualities throughout harsh weather. 

"Every aspect of a winter tire has been engineered to provide the best performance in winter conditions and temperature fluctuations, while maintaining traction on any surface," said Mark Marrufo of Discount Tire. "The winter tire advantage will maximize your safety and provide peace of mind during the winter months." 

Once a driver has made the switch to winter tires from standard all-season wheels – an action that should happen as soon as temperatures dip below 45 degrees – they need to start caring for them. That begins with making sure the wheels themselves are fit to handle winter tires and referring to an owner's manual for specific instructions about installation. The manual can also provide insight as to the tires' optimal air pressure. Under- or over-inflating tires can lead to uneven traction or safety concerns, so it is best to regularly measure these levels and refill to the proper pressure. 

Drivers should also take steps to continue normal tire maintenance. Tire rotation and wheel alignment are necessary parts of vehicle care, and if they are ignored it may negatively affect the tires themselves. Be sure to take care of these issues at the standard intervals, even if you have just recently switched to winter tires. 

Any drivers who prioritizes their safety will want to make sure their vehicle is ready for winter. If not, it may be time to visit New Jersey Auto Auction. Not only does the lot have hundreds of CARFAX-certified used cars, trucks and vans, but it also boasts the Total Car Care Center, which can address any maintenance issues you may have with an existing model. 

Used Cars Offer Environmental Benefits

Some drivers may be drawn to hybrids or electric vehicles because of the benefits they offer to the environment. However, used cars may actually pose equal or better advantages to the planet – and to their drivers' wallets. 

Although alternative-fuel vehicles offer zero emissions on the roads, they still need to be manufactured and produced in traditional factories. That, combined with the energy required to charge batteries, means they are still impacting the environment, The Wall Street Journal reported. Eco-friendly cars have a different effect than standard vehicles, but the consequences exist. That also means that purchasing used cars for sale – therefore reusing already existing vehicles – could be beneficial because it cuts down on auto production. 

Used cars may also save drivers money. Hybrids and electric cars provide motorists with savings at the pump, but their initial costs may be much greater than those of pre-owned vehicles. Drivers who want to save money should instead consider what they could save by getting behind the wheel of a fuel-efficient used car. These options are an economical choice for many, as they get great mileage without the high upfront expenses associated with new cars. 

If you're looking for a used car that won't put a major dent in your wallet, head to NJ State Auto Auction. Not only is the lot home to hundreds of CARFAX-certified cars, trucks and vans that could be a great investment, but the facility also has financing services and specials that can help cut down on the price. It also boasts its own maintenance service, the Total Car Care Center, which keeps all vehicles in prime condition so they can achieve optimum efficiency. 

Status Of Auto Loans Is Good News For Drivers

Used cars can be expensive, but recent good news regarding auto loans may make purchases easier for all kinds of buyers. Experian Automotive released its latest State of Automotive Finance Market report, and the data collected showed that more people are taking out car loans and fewer are defaulting on them. 

According to the report, 30-day auto loan delinquencies decreased 3.4 percent during the third quarter of 2013 compared to the same time last year. This drop comes as loan balances grow. Outstanding balances jumped by $103 billion in the past year, bringing the total amount of debt to be repaid to $782.9 billion. Although that may seem like a large sum, it is indicative of more individuals being granted larger loans, which is a good sign for subprime buyers who may have struggled with their finances in the past. 

"The combination of higher loan balances and relatively flat loan delinquencies is good news for everyone connected to the automotive industry, including consumers, lenders, retailers and manufacturers," said Melinda Zabritski, a senior director at Experian Automotive. "The availability of credit, combined with consumers' continued strong performance repaying their loans, has a positive spiral effect. It allows lenders to slowly but surely take on additional risk while providing more access to loans and paving the way for higher auto sales." 

With loans becoming more obtainable for all individuals, more people may begin looking into the possibility of investing in used cars. 

Anyone interested in buying a used car but needs help budgeting should reach out to the Financing Department at New Jersey State Auto Auction. Not only can you browse through the collection of CARFAX-certified vehicles on the lot, but you can also get advice and guidance regarding auto loans and financing options. 

Most Americans Have Not Driven Diesel-Powered Cars

In today's world, many drivers are looking for ways to save, and that includes browsing through used cars for sale that offer the best possible fuel efficiency. A lot of these vehicles may feature diesel engines instead of ones fueled by gasoline, as the alternative power source provides a money-saving, eco-friendly option that many prospective buyers will find attractive. However, not as many drivers have gotten the chance to test out these cars. 

Recently, Honeywell Turbo Technologies conducted a survey to see how much experience American drivers had with these vehicles. Results showed that 70 percent of motorists have never driven a diesel-powered car. In addition, as many as 73 percent of Millennials, or those drivers under the age of 35, had not gotten behind the vehicle of one of these vehicles. Those numbers are surprising, especially considering the fact that more than half of adults knew that diesel engines could produce more power and offer better fuel efficiency than traditional gasoline engines. 

"Turbocharged diesel engines have an opportunity to make an impact with today's younger car buyers who understand and even prioritize the fuel economy advantages of the technology, but have not yet been able to drive one," said Terrence Hahn, Honeywell's president and CEO. "Turbodiesels and downsized turbocharged gasoline engines provide both automakers and consumers a no-compromise solution of greater fuel economy and performance with the added benefit of being more environmentally friendly." 

Whether you're searching for used cars with excellent fuel efficiency, impressive power or all of the above, you may be able to find what you're looking for at NJ State Auto Auction. The lot has hundreds of CARFAX-certified cars, trucks and vans for sale, and any one them may prove to be a solid option for your next investment. 

Gas Prices Set To Drop Before End Of The Year

Fuel efficiency is one of the most important qualities that drivers look for in a future vehicle. In recent years, the high price of gas caused many motorists to turn to electric or hybrid vehicles as well as smaller, compact sedans that offer great mileage. However, experts predict that the average cost of fuel could drop to below $3 per gallon by the end of the year, providing plenty of relief for all drivers. 

CNBC reported that gas prices are already at the lowest mark of the year for much of the country. Approximately 35 states have stations will costs under $3 per gallon, with these establishments representing about 15 percent of all gas pumps in the U.S., according to data from AAA. 

The lower prices are largely due to an abundance of gasoline around the country. This should last for several months, which could encourage prospective buyers to look around for car models that offer a wider range of fuel economy. Instead of smaller vehicles, many of these drivers could turn to SUVs, pickup trucks and other large automobiles in the near future. 

"There's little demand in the fourth quarter and plenty of supply out there," Anthony Grizanti, a trader from GRZ Energy, told CNBC. "Fundamentals have finally taken center stage. … Prices probably won't start to rise again until Valentine's Day as we anticipate the spring and summer driving season of 2014. But for now, this market is very well supplied." 

As gas prices continue to drop, drivers may be able to consider purchasing different types of used cars than what has been popular in the past few years. At New Jersey State Auto Auction, motorists can browse through hundreds of CARFAX-certified cars, truck and vans that could be a great option for their next ride. 

Lower Gas Prices Have Drivers Considering Pickup Trucks

For drivers thinking about buying a used car, the options may seem endless. Choosing from a wide selection of makes, models, years and colors is a difficult task, but in recent years the economic landscape played a greater role in this process than personal preference. However, now that the U.S. economy is on the road to recovery and gas prices are dropping back down from their record highs, prospective buyers have more options when they hit a used car lot. 

The Detroit Free Press reported that more Americans are starting to consider pickup trucks and SUVs when searching for a car. The recession caused many to look for smaller, compact models that boasted excellent fuel efficiency, but with gas prices returning to a manageable level and many recent pickup models improving mileage, these larger vehicles are becoming more attractive to drivers. 

"It is almost a perfect storm right now for truck sales to be strong," Jessica Caldwell, of Edmunds.com, told The Detroit Free Press. "And there is pent-up demand in that market as well." 

According to AAA, the current average cost of a gallon of gas is $3.25, which is lowest it has been in nearly a year. That price is also 11 cents cheaper than just one month ago, and the figure looks to keep falling. The ability to refuel without breaking the bank is one that all drivers want, so the fact that the pump prices are dropping may open up many opportunities for future car buyers. 

For a look at some of the best used pickup trucks available, head to New Jersey State Auto Auction. The lot is home to hundreds of CARFAX-certified vehicles, and one of the trucks could prove to be the right choice for a driver on the hunt for a pre-owned automobile. 

Millennials Investing In More Used Cars And Alternate Driving Options

Buying a car is a big investment, and it's one that many drivers have to put a lot of thought into. Perhaps that is why many Millennials, or those people who are currently between the ages of 18 and 34, are putting off purchasing a new vehicle in favor of driving used cars or sharing vehicles with friends and family members. 

According to data from Edmunds.com, Millennials are still struggling with a turbulent economy, and fewer are searching for vehicles as a result. 

"Millennials haven't seem the same benefits in labor, housing and stock markets that Baby Boomers and others have enjoyed over the last year," said Dr. Lacey Plache, the chief economist for Edmunds.com. "As a result, younger Americans across all income levels had trouble pulling together the financial motivation to buy a new car." 

Although these young motorists may not have the finances for a new car, many are investing in high-quality used models. Often, the price points of the used cars for sale are more in line with a Millennial's budget. As the cars in the pool of pre-owned vehicles boasts better quality and offer more options than ever before, they are becoming attractive alternatives to new cars. That is something all motorists can appreciate, regardless of their age and financial situation. 

Drivers of any age who want to find a used car that can meet their needs and fit in their budget should look at the options at NJ Auto Auction. The auction lot boasts hundreds of CARFAX-certified cars, trucks and vans, and any one of these vehicles could be a wise investment for those who want an affordable used car. A financing department is also available to help motorists budget for an automobile.