{"id":51,"date":"2013-11-08T13:00:15","date_gmt":"2013-11-08T13:00:15","guid":{"rendered":"http:\/\/blog.njstateauto.com\/2013\/11\/08\/millennials-investing-in-more-used-cars-and-alternate-driving-options\/"},"modified":"2013-11-08T13:00:15","modified_gmt":"2013-11-08T13:00:15","slug":"millennials-investing-in-more-used-cars-and-alternate-driving-options","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/millennials-investing-in-more-used-cars-and-alternate-driving-options\/","title":{"rendered":"Millennials Investing In More Used Cars And Alternate Driving Options"},"content":{"rendered":"<p>Buying a car is a big investment, and it&#039;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.&nbsp;<\/p>\n<p>According to data from Edmunds.com, Millennials are still struggling with a turbulent economy, and fewer are searching for vehicles as a result.&nbsp;<\/p>\n<p>&quot;Millennials haven&#039;t seem the same benefits in labor, housing and stock markets that Baby Boomers and others have enjoyed over the last year,&quot; said Dr. Lacey Plache, the chief economist for Edmunds.com. &quot;As a result, younger Americans across all income levels had trouble pulling together the financial motivation to buy a new car.&quot;&nbsp;<\/p>\n<p>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 <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?search=custom&amp;sort=make\" target=\"_self\" class=\"dnautolink\">cars for sale<\/a> are more in line with a Millennial&#039;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.&nbsp;<\/p>\n<p>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 <a href=\"http:\/\/www.njstateauto.com\" target=\"_self\" class=\"dnautolink\">NJ Auto Auction<\/a>. 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. &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying a car is a big investment, and it&#8217;s one that many drivers have to put a lot of thought into.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Millennials Investing In More Used Cars And Alternate Driving Options<\/title>\n<meta name=\"description\" content=\"Buying a car is a big investment, and it&#039;s one that many drivers have to put a lot of thought into.\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/millennials-investing-in-more-used-cars-and-alternate-driving-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Millennials Investing In More Used Cars And Alternate Driving Options\" \/>\n<meta property=\"og:description\" content=\"Buying a car is a big investment, and it&#039;s one that many drivers have to put a lot of thought into.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.njstateauto.com\/blog\/millennials-investing-in-more-used-cars-and-alternate-driving-options\/\" \/>\n<meta property=\"og:site_name\" content=\"Used Car Blog - NJ State Auto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NJStateAuto\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-08T13:00:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2020\/06\/10141444\/NJStateAuto.com-url.png\" \/>\n\t<meta property=\"og:image:width\" content=\"517\" \/>\n\t<meta property=\"og:image:height\" content=\"61\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twinturboblogsadmin\" \/>\n<meta name=\"twitter:site\" content=\"@njstateauto\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"2 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\",\"name\":\"NJ State Auto Used Cars\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/NJStateAuto\/\",\"https:\/\/www.instagram.com\/jerseycitycars\/\",\"https:\/\/www.youtube.com\/njstateauto\",\"https:\/\/www.pinterest.com\/njstateauto\/\",\"https:\/\/twitter.com\/njstateauto\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2019\/08\/01181502\/NJ-State-Auto-Logo.png\",\"contentUrl\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2019\/08\/01181502\/NJ-State-Auto-Logo.png\",\"width\":240,\"height\":240,\"caption\":\"NJ State Auto Used Cars\"},\"image\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#website\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"name\":\"Used Car Blog - 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