Summer May Be Best Time to Buy Used Cars

As the weather warms up, many drivers are getting ready to trade in or sell their current cars and get behind the wheel of something different. Not only are the summer months a popular time to buy a car, but the 2013 summer season may be the best time for motorists to purchase used cars in five years, according to Jean Chatzky, the financial editor for NBC's "Today" show.

"Summer time is typically when car sales, especially used car sales, kick into high gear," said Larry Gamache, communication director at Carfax. "As the economic recovery continues, it's likely that more people will take advantage of an increased supply of used cars and great deals being offered at dealerships throughout the season. Just remember that finding a great used car takes research and patience."

If you're planning to buy a car soon, the most important thing to remember is to be thorough in your research. Carfax recommends considering certified pre-owned (CPO) models, as they are backed by the manufacturer and undergo inspections before they can be sold, giving you added reassurance that you won't encounter hidden issues as soon as you drive off the lot.

You should also look into safety and reliability ratings, overall cost of ownership and even reviews from other drivers to determine which car would be best for you. Once you have narrowed down your selection, head to New Jersey State Auto Auction to test drive a few models. It's a good idea to try out similar options to make sure the one you want is, in fact, the right car for your needs.

NJ Auto Auction has a wide selection of used makes and models, and every vehicle on the lot is Carfax certified.