It's only a month into 2014, and some people across the country are already eager to make a change. In many instances, this is the perfect reason to begin shopping for a used car. Although the costs associated with this purchase have gone up since the recession, things finally look to be settling down for the industry, and buyers can take advantage of this slowdown.
More people are beginning to realize the many benefits of investing in pre-owned vehicles instead of expensive new cars. Not only do these options take less of a toll on your wallet, but they still offer high-quality performance and plenty of modern features to make the driving experience a good one.
There is more good news for buyers as well. According to the NADA Used Car Guide, the prices of these vehicles are expected to drop in the coming months, a welcome change after years of rising costs. This trend could make used cars a more attractive option for drivers who are considering a different investment, especially as motorists realize that these vehicles can provide safety and security without making a major dent in their bank account.
"Certified pre-owned has really taken off," Tom Webb, an economist with Manheim Consulting, told CNBC. "Consumers flock to these models. People are comfortable with the guarantee. In fact, some people who used to be new-car buyers are now certified pre-owned-buyers."
Falling prices could help some drivers find high-quality cars that fit within their budget. To see all of these offerings, head to New Jersey State Auto Auction to browse through hundreds of Carfax-certified cars, trucks and vans that are available for sale. The lot also has its own financing department, which is available to help buyers determine which loans and payment options are right for them.