It's been in the news for a while now that New Jersey was and is one of the
slowest states to recover from the recession economically. Legislators have
frantically been re-investing government funds in an attempt to stimulate the economy,
create jobs, and encourage high school graduates to attend college for the past
few years. It may have looked bleak for a while there, but there's definitely a
light at the end of the tunnel – when you look at the recent NJ car sales, the
soaring number of new vehicle registrations indicates things are starting to
look up.
If things continue at the pace they're going – there have been about
198,000 new cars and trucks registered in the state as of May – it seems as
though we'll be close to the numbers we saw in the years before the recession
in no time. In Bergen County alone, sales are up by 14.6 percent if you compare
the beginning of 2013 to the beginning of 2012. That's immense progress, and
the new and used car dealerships in
South Jersey are excited.
Dealers all across the state are promising to keep interest rates low to
keep the signings coming. Considering a car is one of the biggest purchases a
household makes, the influx of vehicle purchases is a great sign for the
state's economy and dealerships are doing what they can to encourage these
sales. According to a dealership owner from North Jersey, far too many New
Jerseyans have been tolerating their junkers since not being able to afford replacements;
since buyers have begun making the purchases, he believes there is still a lot
of demand to be fulfilled and therefore plenty of potential for a strong
second-half of the sales year.
How can a New Jerseyan in the wake of the recession replace his or her
old vehicle with something more reliable? Look for holiday sales, specials on
interest rates, and financing deals. Keep tabs on your local car dealers – the
end of the summer season is always rife with bargains.
Labels: nj used car dealers, South Jersey Ford Dealer, Used Car Dealer NJ