Are you searching for a used car? Many are, and March offers opportunities for prospective buyers to find great deals on the vehicles they want. These pre-owned options don't have to be older models or run-down automobiles either – in fact, many of them are relatively recent editions with plenty of luxury features. 

In Kelley Blue Book's February Market Report, the company highlighted some of the most interesting trends among used cars so far in 2014. One of the most intriguing is the fact that the value of used luxury vehicles rose in February, but still remains lower than in past years.

According to the report, the average cost of these automobiles, or at least the models between 1 and 3 years old, rose about 0.7 percent in the month. However, prices remain significantly lower than where they stood a year ago. If the trend follows the same pattern as the previous two years, the cost of these luxury vehicles should continue to drop as the year goes on. 

"There are signs that the market for used luxury is slowing, as values were down $37 on average in the last week of the month," said Alec Gutierrez, an analyst for Kelley Blue Book, in the report. "While the overall used-car market is seeing increases typical of the season, we expect luxury values to remain flat or slightly down in March." 

People ready to find used cars that meet their needs should consider browsing through the wide array of options at NJ State Auto Auction. The lot is home to hundreds of Carfax-certified cars, trucks and vans, including many luxury options that can be had for a relatively low price.