New Jersey cheap car auctions deals can always be found. The key is knowing where in the state you will have the greatest opportunity to get the lowest prices as well as the highest quality cars. The reason that New Jersey offers such a unique solution is because the per capita personal income is consistently one of the highest in the country. In 2008, it was the 2nd highest of every state. Additionally, 9 counties in New Jersey are in the Top 100 wealthiest counties in the entire country. The reason that this is important is because it means that less people attend cheap car auctions (per capita) than in other areas of the North East or even the rest of the country.
What If You Don’t Live in New Jersey?
If you want New Jersey cheap auto auction deals, but don’t live in the area, then you are still in luck. A majority of these auctions now take place online as well. You will have two options, depending on how the auction is set up. The first is that you will get a live feed as the auction takes place and simply place your bids over the computer. The second is that you can place your maximum bid online before the auction begins and someone will act as a proxy bidder for you. Either way, you can take part from across the country and have the vehicle shipped to you after the auction closes. In most cases, auction houses will work in conjunction with popular online auto auction sites so you will likely need access to those sites in order to do this.
Where are the Best New Jersey Cheap Auto Auction Deals?
There are three places that you should pay special attention to – specific large cities, several towns, as well as county auctions. Here is a closer look at all three of these places and why they merit your attention.
When talking about the best large cities in New Jersey to locate auctions, there are two that stand out – Newark and Jersey City. Both of these cities have more than 100,000 more people than other city in the state. If you want to add a few more to the list, then Paterson and Elizabeth are the other two cities with more than 100,000 people (although Edison and Woodbridge fluctuate near the 100,000 person mark). New Jersey has a very high population density, which means that these cities are fairly condensed. Additionally, because of the higher per capita income a lower percentage of people will be attending car auctions looking for cheap deals.
It surprises most people how few “cities” are in New Jersey since the population density is so high, but that is why there are also several towns that you pay attention to as well. All of these have between 85,000 and 100,000 people. They include the Toms River Township, Hamilton Township, and Trenton. The benefits of these large towns are the same reasons that you will benefit by paying attention to the few large cities. They are small in size compared to the population and all have a higher average household income.
The final strategy is to simply look at certain counties. There are two exceptionally large counties when compared to the rest of the state. They are Essex County and Hudson County. The benefit of looking at entire counties is twofold. The first is that you will be able to find out about the auto auctions outside of the major cities in those counties (Newark and Jersey City). These auctions tend to fly under the radar which means that you will find even better deals. Additionally, by tracking auctions on the county level will also ensure that you find out about all of the government vehicle auctions as well.
As you can see, there is no shortage of New Jersey cheap auto auction deals. The key is knowing how to find and track them. In general, the three best strategies are to focus on a specific “area”, which is the top handful of cities, a few select towns, or the top counties. All of these strategies are equally effective and can even be combined to track the maximum amount of auto auctions and spot the elite deals.