Category Archives: Auto Industry News

Ebay trial ends, buyers may want to price out used cars in New Jersey

General Motors has been trying a variety of new ideas as it seeks to become profitable following a government bailout. One of them was a partnership with online auction site eBay, but low prices aren’t likely to be found on new cars there anytime soon, opening up the possibility of looking for inexpensive used cars in New Jersey instead.

In fact, dealers told the Wall Street Journal that they were consistently receiving bids that were far below the market value of the car, and that sifting through them was a hassle, along with the fact that there did not seem to be much interest.

“Being the first manufacturer out there to put new vehicles online, I think in just that six-week period, it shows you that there were a lot of people looking at these vehicles who weren’t looking at those vehicles before,” GM spokesman John McDonald told cnet. “We’re not fire-selling vehicles on eBay, [so] there’s a certain amount of user education in that, and a certain amount of dealer education.”

The bids made that were too low for new car dealers may receive more attention from those selling used cars in New Jersey, however, because of price depreciation.

Cash for Clunkers survey finds fewer available used Ford Mustangs in New York

If you always wanted a pony car but can’t muster the money for a new model, now may be the right time to find and purchase a used Ford Mustang in New York, because the supply took a hit during the Cash for Clunkers program.

In all, more than 1,600 Ford Mustangs were taken off the road during the initiative, and with some models as new as 2008, AutoWeek reports that the likely net effect was that affordable cars were eliminated when they could have gone to less affluent buyers who could have appreciated them. It’s chief competitor, the Camaro, didn’t fare well either.

“Though the Camaro crowd rejoiced at the car’s return this year, 1,007 of its predecessors are now history, including at least eight from every year from 1984 to 2000,” noted the magazine. “The early ’90s were particularly brutal, with 127 from 1991 and 116 from 1992 getting handed a blind fold and cigarette.”

Pony car lovers who are working on a tight budget may want to survey used Ford Mustangs in New York now, because as word gets out that the affordable coupes are in limited supply, prices could jump.

Fickle Chinese suitor may affect the supply of used cars in New Jersey

General Motors is shedding some formerly popular brands such as Pontiac and Saab, but issues over a deal to sell the Hummer line could affect the future supply of used cars in New Jersey.

There is only one bidder, Sichuan Tengzhong Heavy Industrial Machinery from China, and the Asian company has lost the support of the national government over concerns about the fuel efficiency of Hummers as well as Sichuan Tengzhong’s inexperience in the retail market, reports Time.

The automotive market for the larger vehicles is now in overseas markets, one analyst told the news provider, in spite of recent research demonstrating brand loyalty among current owners.

Were the plan to go through for the Chinese purchase, a new headquarters for Hummer would be established in Michigan by General Motors, reports Reuters. The state has offered more than $20 million in tax credits over the next 10 years if the sale is made.

The turmoil over future production of the niche vehicles may mean that buyers looking for their next vehicle will want to focus on used Hummers in New Jersey, as well as offerings from other makers.

Indian ‘game changer’ not likely to hit market, but used Ford Focuses in New Jersey available

Looking to capture market share from the Tata Nano, currently the world’s cheapest production passenger automobile, Ford is introducing a low-cost model called the Figo in India. Although there are no plans to bring the car to the U.S. market, buyers may want to check out compact models like used Ford Focuses in New Jersey.

Company officials say that the car is expected to appear in the Indian market in the first quarter of 2010, with an expected sales price of $6,000 to $8,000, according to analysts cited by the Associated Press. The move is being made as Ford attempts to address the burgeoning automotive needs in South Asia.

“This new car will be a game changer,” Michael Boneham, Ford India president, told the wire service. “It will give us muscle in the heart of the Indian market.”

Buyers in America looking for their own game changer could benefit from taking a look at the 2005 models of used Ford Focuses in New Jersey, which offer a similar price point for the compact car available in hatchback and sedan variants, according to Edmunds.com.

General Motors program nixed, buyers can find unibody used Honda Ridgelines in New Jersey

Cars have used unibody construction for years to decrease the amount of weight and improve handling by incorporating the load-bearing sections with the body’s structure. General Motors was recently considering developing a truck using a similar construction technique, but buyers looking for a more car-like pickup may want to check out used Honda Ridgelines in New Jersey instead.

That’s because the American automaker couldn’t find a way to make their unibody truck cost-effective to produce, since market research participants didn’t want to pay a premium for a vehicle with less weight-carrying capacity than standard pickups, notes AutoWeek.com.

“We felt there would be a significant fuel economy improvement” from the mid-sized platform, Tom Stephens, GM vice chairman of global product development told the news provider. “But as we dived deeper into it, there wasn’t that much additional fuel economy to be gained.”

Although General Motors couldn’t make it work, people looking for an all-wheel drive vehicle that can carry a lot but still handle like a car could look at used Honda Ridgelines in New Jersey, the only model with unibody construction in the U.S.

How to look underneath the paint to find quality used cars in New Jersey

There are still thousands of used cars in New Jersey and other states that could provide the right combination of affordable pricing and features similar to many new cars, but buyers should know what they are getting into, as owners treat their cars differently.

When it comes to used cars, it may require some research to ensure that you don’t have to turn an automotive lemon into lemonade, but as visitors at a Virginia mall recently found out, appearances can be deceiving.

What happened

Used cars in New Jersey and other vicinities can be sold even after the car has been in an accident, and to some car buyers, the difference between a vehicle that has been well-repaired and one with no body damage may not be apparent to the naked eye.

Good Morning America recently decided to test the appraisal skills of prospective car owners by lining up five used cars at a shopping center. Four were completely clean, and one had been repaired after an accident.

The show’s hosts found that only one in five passersby were able to identify the car that had work done on it, with one collision expert spotting the bumper attached differently than standard procedure and other small discrepancies.

It confirms that “consumers don’t have the experience that people like Carfax and mechanics have with used cars,” said Carfax spokesman Larry Gamache, according to the report.

How you can avoid the same issue

Of course, Larry Gamache says that a vehicle history report like the one offered by his firm can offer an initial benefit to buyers of used cars in New Jersey by giving them the vehicle’s history, including numbers of previous owners and any reported service history.

The editors at Edmunds.com agree that a Carfax report or similar style vehicle history can provide information about the odometer reading, salvage title if the car has been in a catastrophic event, and other information to help buyers understand what they are getting themselves into.

They also recommend finding an experienced mechanic to look over the vehicle prior to one’s purchase. This can be particularly important if one does not live near the seller and is trying to take advantage of regional differences in prices, but wants to ensure that the car will operate as advertised.

For the research-oriented

Learning how to identify potential problems in a car can save anywhere from a couple of hundred dollars on the price of an inspection by an experienced mechanic to several thousand dollars if a driver has to write off the cost of used car in New Jersey.

Signs of wear such as dings, paint scratches or rust may point to deeper underlying conditions that could affect the cost of used vehicles, notes Investopedia. If the dealership or auction site allows it, a test drive on a variety of roads can give a driver the sense of how the car will operate when it’s not on smooth pavement.

Reputable dealers will often offer vehicle history information and the chance to inspect used cars in New Jersey and other states before a purchase is finalized. If a consumer feels that they have been taken for a ride however, the local better business bureau may have information about state lemon laws and be able to provide other assistance.

Economist: Fuel efficiency regulations to drive up value of used cars in New York

President Obama and other administration officials were happy to announce that new regulations would require that new cars built for the 2012 model year and beyond would need to be more fuel efficient. Their move could actually increase interest in used cars in New York instead.

Economist Eric Morris writes in the New York Times that because it costs money to develop the technology for fuel efficient cars, new car prices will likely rise higher in the coming years and make used cars a more likely proposition for some buyers.

“Depending on the models involved and their mileage, keeping used cars around a bit longer may ultimately have benefits for the environment, given the energy that goes in to building a new car,” he writes on the paper’s website.

Right now, larger used cars in New York and around the country are seeing more interest from buyers, thanks to low gas prices, reports USA Today.

“People are more price conscious than gas [price] conscious,” one dealer told the news provider of the shift in buying to larger cars and SUVs.

Future police interceptors may closely resemble used Pontiac G8s in New York

In a corporate game of the hokey-pokey that is still ongoing, General Motors President Fritz Henderson is now in, suggesting that a deal could soon be in the works for police cars in the U.S. that look a lot like used Pontiac G8s in New York.

The G8 and the previously discontinued GTO were both platforms sourced from GM’s Australian affiliate Holden, and although Pontiac is no longer in business, some law enforcement agencies might be interested in the Holden Commodore, reports the Sydney Morning Herald.

“We’ve been working on a package for police applications [like the Los Angeles Police Department and Royal Canadian Mounted Police. I just think that’s going to work,” Henderson told the newspaper. “We’re pretty optimistic about it and that product will be sourced in Australia.”

While GM’s head of marketing Bob Lutz had previously issued statements implying that there would be future models that would take the mantle held by used Pontiac G8s in New York as a platform for rear-wheel drive sedans, Henderson has been more cautious.

Used Ford Focuses in New Jersey may offer fuel efficiency while waiting for electric version

A set of electrically powered Ford Focus models were shown off at the Frankfurt Auto Show in advance of a demonstration partially sponsored by the British government, but stateside owners can benefit from fuel efficient used Ford Focuses in New Jersey while they wait.

Engineers at Ford of Europe are working with British universities to test 15 of the compact cars in real-life testing over a variety of driving conditions.

“Electrification is a key element in the effective use of Ford’s global resources and talents,” said John Fleming, Ford of Europe chairman and CEO. “The development of this fleet of Focus BEV prototypes is an important step in our goal of delivering more efficient and sustainable mobility solutions.”

While those cars may be the future, gas-sipping used Ford Focuses in New Jersey are available now, including the 2004 model which comes in a variety of configuarations such as sedans and hatchbacks.

“The 2004 Ford Focus is a wonderful small car that’s fun to drive [and] frugal with fuel,” note Edmunds.com editors, adding that it has a “spacious interior” coupled with a “fun-to-drive character.”

Buyers looking to match government mandate may drive sales of used Volkswagens in New York

A new federal fuel standard will require the nation’s automobiles to have an average fuel mileage of 35.5 miles per gallon by the 2012 model year, but buyers who consider used Volkswagen Jettas in New York powered by diesel engines may already be ahead of the curve.

The new initiative was announced by the Environmental Protection Agency and the Department of Transportation and will be the first nationwide standard to include the effects of emissions, according to the agencies.

“These proposed standards would help consumers save money at the gas pump, help the environment, and decrease our dependence on oil – all while ensuring that consumers still have a full range of vehicle choices,” said Transportation Secretary Ray LaHood during the announcement.

People in the market for a car won’t have to look at either more expensive new cars or hybrids if they want to match the government’s goals, since used Volkswagen Jettas in New York may offer similar fuel efficiency.

The 2006 model had an EPA estimated city fuel mileage of 36 mph, and 41 mpg in highway driving in a “fairly quiet package,” notes a Cars.com review.