Although growth in the new car market remains slow, the same cannot be said for the sales of pre-owned vehicles. According to Tulsa World, demand for used cars has been so high in recent months that the average selling price is up 5.7 percent compared to last year, much to the delight of proprietors across the country.

With gas prices still high, it comes as no surprise that most consumers are looking to get behind the wheel of a more fuel-efficient used vehicle. Even still, larger cars like SUVs and used trucks are still selling relatively well, a sign of the high demand.

Though the need for used cars is a good thing for some businesses, other dealerships are finding it hard to get enough vehicles.

"We probably sell five used cars for every new car, so this is big business for us," Mike Frizell, who operates a Chevrolet dealership in Sand Springs, Oklahoma, told the news source.

Consumers who are looking to pick up a used car of their own may want to check out New Jersey Auto Auction, which offers everything from fuel-efficient sedans to spacious SUVs to powerful trucks at affordable prices.