It seems as though there are more and more technological advancements in the automotive industry every day, but used car shoppers don't have to miss out on the latest features. According to Kelley Blue Book, a number of models have been overhauled in recent years, giving buyers more options to choose from in both the new and used markets.

"Since the 2011 model year, nearly every vehicle in each major selling category has undergone a significant redesign that has upped expectations of consumers by a sizeable margin," said Alec Gutierrez, senior market analyst of automotive insights for KBB. "Shoppers considering one of the latest and greatest can count on significant improvements in fuel economy, performance, build quality, amenities and style from the generation being replaced, and all for only a modest bump in its manufacturer's suggested retail price."

While KBB may have been looking at 2013 models, the same applies to slightly older vehicles. Drivers hoping to find 1- to 3-year old previously owned cars can check out models like the 2011 Hyundai Elantra GLS, which was priced at $19,475 when new. Newsday.com named this car one of the best for under $20,000 that year. Now, car shoppers may be able to find these vehicles for under $15,000 at dealerships like New Jersey State Auto Auction.

There are many different models that were affordable when they first rolled off the production line in 2011, making them easier on the wallet now. CNET points to vehicles like the 2011 Chevrolet Cruze, Ford Fiesta, Hyundai Accent and Scion iQ as models that offer technological features and fuel economy without breaking the budget. 

Vehicle shoppers can check out their options at NJ Auto Auction, which carries a wide selection of makes and models. The dealership also offers full vehicle history reports from CARFAX, so drivers know they're getting behind the wheel of a reliable ride with whatever they choose.