Conditions are in favor of the buyer for anyone looking to purchase a used car this spring. The most recent report from the NADA Used Car Guide indicates that the average price for a used vehicle up to 8 years old only rose 0.8 percent in February.

In previous years, the price increase in February was closer to 3 percent, showing that rising used car costs have slowed considerably. Federal financial issues like the fiscal cliff and sequester have contributed to the slow but continuous growth, as has the increased demand for used models following Hurricane Sandy.

"Price growth for used vehicles through early spring will be weaker than what is typically seen for the period," said Jonathan Banks, NADA Used Car Guide's executive automotive analyst. "Consumers and businesses are beginning to react to the expiration of the 2 percent payroll tax holiday as well as political activity surrounding the federal budget sequester and debt ceiling extension. These factors will have a negative impact on household income and reduce spending."

NADA also predicts that prices will remain flat in March and possibly even drop slightly come April. This means it could be a good time for motorists to begin researching their options. They can take their time finding the right car to suit their needs and be fully prepared to head to the dealership in the coming weeks to take advantage of the buying environment.

While used car prices have increased slightly, drivers looking to get behind the wheel of their next ride can head to New Jersey State Auto Auction to find their next ride. The dealer carries a wide selection of affordably priced makes and models, and every vehicle on the lot is CARFAX certified.