Since the late nineteenth century, New Jersey has taken an active role in the development of the automobile manufacturing industry in the United States. Oberlin Smith, of the Ferracute Machine Company in Bridgeton, can be credited with building a "horseless carriage" as early as 1868. Unfortunately, the steam driven carriage ran wild after the control level jolted loose on the Main Street of Bridgeton in the trial run. Smith built a second machine in 1874 and powered it with a marine steam engine. It, too, failed, crashing into the local pond.
J.F. and T.E Connelly of Elizabeth built a gasoline motor in 1889 to run a street car, but they never tried to install it in a buggy. The Duryea brothers of Springfield, Massachusetts, deserved credit for that achievement when they organized the first automobile company in America in 1895. In 1899, the Riker Electric Vehicle Company was founded in Elizabeth to manufacture electrically powered cars.
During this time, there were many subsidiary producers of automobile products and parts, as well. Many of the parts, such as seats, lamps, horns, bodies, etc., were purchased locally. Nevertheless, New Jersey and all the other states were secondary in importance to Michigan's role in the automobile industry.
In 1908, General Motors incorporated in New Jersey because of the new lax corporate tax laws affecting the west side of the Hudson River. In 1923, Alfred P. Sloon, Jr. became president of General Motors and took over the company from the original founder, W.C. Durant. Durant lost control of the firm over an unfortunate and inaccurate business error concerning an electric lamp patent which had no validity in the courts.
Durant was undaunted, however, and decided to found his own company, Durant Motors, Incorporated, in 1921. He managed to purchase at public auction the defunct Duesenberg-built assembly plant in Elizabeth to house his new automobile company. The plant had been built by Fred Duesenberg of Duesenberg Motors Corporation in 1917-1918, but was soon taken over and expanded by John N. Willys of the Willys-Overland Company. Willys had poured millions of dollars into the plant for the Chrysler Motor Company, a division of Willys, but in the end, lacked enough capital to utilize it. The Elizabeth plant was considered one of the largest and most modern assembly plants in the country.
In October of 1922, Durant announced that his Durant 4 and his new Star automobiles would be made in Elizabeth. The first Star rolled out of the plant in November 1922. By 1927, there were 1,000 workers at the plant. By the end of the decade, Durant was out of business, and the Elizabeth plant was abandoned.
Durant's complete collapse cleared the way for the ultimate role New Jersey was to play in the automobile industry - that of the final assembly of automobile parts made in Michigan and elsewhere. New Jersey had all the necessary components: large open areas of land, deep water frontage and a well-developed railroad system. Leading the way in New Jersey was Henry Ford.
Ford erected five buildings in the Kearny marshes in 1918. Eventually, upwards of 8,000 men worked in the Kearny plant, turning out more than 700 cars daily. Late in 1928, after the Model A replaced the Model T as Ford's prime automobile, Ford sold the Kearny works to the Western Electric Company and moved assembly operations to the new 1,500 foot long assembly plant in Edgewater.
General Motors did not expand until 1925, when it bought the buildings in Bloomfield where the company packed Chevrolets for overseas shipments. In 1937, General Motors built a large assembly plant in Linden to make Buicks, Oldsmobiles and Pontiacs. This was the first B-O-P plant built outside of Michigan. General Motors built another plant in West Trenton in 1938 for the manufacture of automobile hardware and parts.
Ford built a new plant in Metuchen in 1948 to assemble Mercuries and Lincolns and one in Mahwah, completed in 1955 and since abandoned. The Studebaker Corporation plant in North Brunswick was finished in 1951, but only filled defense contracts.
Buying a car in New Jersey, previously largely conducted by visits to local dealers to compare their inventory of new and used vehicles, has been transformed by technology to offer many options to shop for cars and finance their purchase. To be sure, New Jersey still hosts over 500 traditional car dealers, with a statewide directory posted by the trade association New Jersey Coalition of Auto Retailers (NJCAR). New Jersey dealers, according to NJCAR, currently employ more than 38,000 people in locally-owned and operated small businesses and support an additional 35,000 jobs, with dealerships generating $1.48 billion in sales taxes alone last year. CarGurusCarGurus is said to be the most visited online car marketplace in the U.S. Listing on this site is $5. CarGurus lets buyers know about where cars stand compared to others on price, though, so be careful about your list price. To See What Other People Paid: TrueCarTrueCar is a great tool for removing the mystery of the manufacturer’s suggested retail price (MSRP). Say you want a new Chevrolet Silverado 1500. For that truck, TrueCar shows the most recent transactions on record that help you see what you should pay. Some savvy buyers paid much less than MSRP. You can also quickly ascertain that if you found a leftover model from the previous year, the average savings is much greater. Autotrader A long-running standby in the online car selling industry, Autotrader is one of the most popular places to list a car. There’s no free option available for sellers, but the number of eyeballs your listing will get here should ease the pain of paying a small fee to sell. Autotrader has an easy-to-use interface that a huge number of buyers rely on, and that’s a reason to put it at the top of your list. : Carvana360-degree views reveal features and flaws. Most cars are delivered the next day, with a seven-day test drive. Not bad if you're looking to make a quick purchase.
If You Want To Pick Up a Car From a Futuristic Vending Machine: Carvana 360-degree views reveal features and flaws. Most cars are delivered the next day, with a seven-day test drive. Not bad if you're looking to make a quick purchase. The Way It Should Be: VroomThis is how manufacturers would love to sell new cars, if dealer franchise laws allowed it. Vroom escapes those restrictions by exclusively selling used cars (albeit some with only a few hundred miles on the odometer), conducting the whole transaction online. You buy the car through their site, they handle the paperwork and deliver it anywhere in the lower 48. They’ll even give you a quote on your trade-in and pick up your old car when they drop off the one you bought. But what about the test drive? You’ve got a week, or 250 miles, to make sure everything you hoped it would be. The NJ CAR Academy offers dealers and their staff a cost-efficient way to maintain their education with a growing curriculum of industry-specific live and on-demand courses developed by Coalition staff and focused on real-world experiences in the New Jersey market.
The current climate of low supply and high demand is changing how people shop for cars, according to a recent Kelly Blue Book study.
It found that nearly half of car shoppers are likely to postpone their purchase because of the chip shortage, with most planning to wait at least several months. For instance, the federal government provides tax credits for new battery electric and plug-in hybrid EVs ranging from $2,500 to $7,500, depending on the capacity of the vehicle’s battery. All battery electric vehicles are eligible for the full $7,500, whereas some plug-in hybrids with smaller batteries qualify for a reduced amount. On January 17, 2020, Governor Murphy signed S-2252 into law (P.L.2019, c.362), which created an incentive program for light-duty electric vehicles and at-home electric charging infrastructure. Charge Up New Jersey promotes clean vehicle adoption in the state by offering incentives of up to $5,000 for the purchase or lease of new, eligible zero-emission vehicles, including battery electric and plug-in hybrid electric. By shifting away from gasoline and diesel use, it creates many environmental and economic benefits, including less air pollution and reduced greenhouse gas emissions. For those who do want to buy now, more than a third said they were willing to pay a premium of up to 13%, or about $5,600, over regular prices, the study said.
Supply of adequate vehicles is still far short of demand in the Garden State. And in some cases, the situation has worsened, as the U.S. continues to battle supply disruptions caused by the coronavirus pandemic and fewer used vehicles hit the market because consumers are only trading them in if they can get the new car they desire in return. If you’re in the market for a new or used car in New Jersey, you’ll probably end up paying more for the vehicle than you thought you would.
According to an analysis in Consumer Reports, used car prices have shot up more than 20% from a year ago, and the price of new vehicles is also up almost 9%.
April had the highest volume of sales in 15 years.
Jim Appleton, president of the New Jersey Coalition of Automotive Retailers, said the supply of new vehicles has been limited for several reasons including a well publicized chip shortage.
A shortage of semiconductors has limited the supply of microchip processors that are used in new vehicles, right as consumer demand for new cars is shooting higher, now that the pandemic seems to be winding down.
Read More: As the COVID metrics improve, vehicle demand in New Jersey is up | https://nj1015.com/as-the-covid-metrics-improve-vehicle-demand-in-new-jersey-is-rising/?utm_source=tsmclip&utm_medium=referral Read More: Buying a car in NJ may be more annoying, costly for another year | https://nj1015.com/buying-a-car-in-nj-could-be-more-annoying-and-costly-for-another-year/?utm_source=tsmclip&utm_medium=referral Kelly Blue Book KBB.com gives you everything you need to research a new, certified (CPO) or used car, compare cars, find cars for sale and make a well-informed decision. The National Insurance Crime Bureau’s (NICB) much anticipated Hot Spots report shows Colorado auto thefts increased by 37% in 2020 over 2019. Additionally, the Bakersfield, Calif, Metropolitan Statistical Area (MSA) had the highest theft rate in the country for the second consecutive year. Overall, there were 880,595 vehicle thefts nationwide in 2020, about one stolen vehicle every 36 seconds, up from 794,019 in 2019.
2021 Hot Spots Web Infographic “Auto thefts saw a dramatic increase in 2020 versus 2019 in part due to the pandemic, an economic downturn, law enforcement realignment, depleted social and schooling programs, and, in still too many cases, owner complacency,” said David Glawe, president and CEO of the NICB. “ Average New Listing Price: September Up $43,103
Average Used Listing Price: September Up $26,646 The average price of all used vehicle digital listings. Source: vAuto Available Inventory
Average Transaction Price: September Up $45,031 The estimated negotiated price for a new light vehicle in the U.S. excluding incentives, trade-in amounts, taxes, fees or F&I.
New Jersey drivers will need to bring a drivers license and proof of residency to prove to the dealership that you can safely and legally drive the car from their lot.
The next vital documents to have are your proof of insurance and financing information handy. two most recent pay stubs, proof of residency, and a list of references. Bringing your insurance information along with you can also make it easier to transfer information and provide peace of mind that your new ride will be protected when you drive off the lot.
Finally, though not needed, a vehicle history report is very much recommended when buying a used car. Based on a car’s vehicle identification number (VIN), the report usually provides a current or recent odometer reading, accident history, and damage history.
Even a New Jersey auto dealer said there's no difference in price between the two states. ... One big reason people think it's cheaper to buy in New Jersey is the sales tax, Van Duren said. New Jersey's maximum is 7 percent, including state, county and local tax, according to Edmunds.com, while New York's is 8.75 percent.
In New Jersey, a sales tax of 7% is charged on the sale price of any new or used car. If you’ve made an out-of-state purchase, you’ll have to pay the sales tax due when you register your used vehicle at the Division of Motor Vehicles. The only exception to this may be if you purchased a vehicle at a dealership in Pennsylvania, in which case the dealership may take over the responsibility of transferring the sales tax.
If you’ve already paid the sales tax at a Pennsylvania dealer, remember to keep documentation to prove this. Otherwise, you could run the risk of being charged sales tax a second time when you go to the DMV to register your vehicle.
Registration After you conclude a vehicle purchase in Pennsylvania, you have 60 days to register it in New Jersey or until the registration expires in Pennsylvania, whichever comes first. This gives you plenty of time to drive your used car back home after you’ve purchased it. But remember to keep track of your registration deadline so you don’t miss it, which can result in a penalty fee.
You’ll have to pay an ownership transfer fee and a registration fee to register your vehicle with the New Jersey DMV. While the transfer fee is a one-time payment, you pay the registration fee annually.
The exact cost of these fees vary according to several factors, including the type of vehicle you purchase, how you pay for it, and how many liens are on the title. For example, a title with one lien costs $60 to transfer, while one with two liens costs $85. Registration fees can range from about $50 to $100, depending on the size and age of your vehicle.
Documentation Requirements Before you go to the DMV to register your vehicle, you’ll need to ensure that you have several documents if you made an out-of-state purchase. First, you’ll need the title to the vehicle signed by the previous owner as proof that you have a clean title. You’ll also require your auto insurance details to confirm that you’ve bought insurance in the state.
In addition, you’ll need your driver’s license and social security information. You’ll also need to complete New jersey’s vehicle registration and transfer forms. Finally, don’t forget to take a reading of your vehicle’s odometer, which is required by the DMV.
Emissions Some states have different vehicle emissions standards, meaning that vehicles permitted to be driven in some states may not be allowed in others. Luckily, if you’re going to Pennsylvania to buy a car, you’ll be happy to hear that New Jersey and Pennsylvania have both adopted the more stringent emissions regulations first introduced in California. That means you’ll have no problem with the emissions of your used car, since both states follow the same rules.
Leasing a Vehicle Leasing a vehicle in another state works slightly differently, since it’s up to the dealer to register it in your home state on your behalf. You’ll still need to present your driver’s license and auto insurance details to complete this process. Benefits of an Out-of-State Purchase While an out-of-state purchase can come with some additional costs and paperwork, you may find that these added burdens are worthwhile if you can get what you want. For example, if you’re looking for a very specific vehicle, such as a vintage car, you may only be able to find it at a specialist dealership or private seller. In such a situation, you’ll need to decide whether the extra effort involved in an out-of-state purchase is worth it.
A second potential benefit is price. You may be lucky enough to find an excellent deal from a private seller or a dealership providing a great purchase offer. However, like all used car purchases, it’s worth getting a vehicle history report to confirm that the car is in good working order before you go through with the purchase.
If you’re buying out-of-state from a private seller, you’ll also want to get the car checked out by a competent mechanic before you close the deal so you can identify any problems or maintenance requirements. This can save you having to pay unexpected costs when you register the vehicle in your home state and learn that it requires substantial maintenance before you can hit the road.
Buying a Used Car in New Jersey As you can see, purchasing a car in Pennsylvania or another state comes with several extra hurdles. If you’re looking for a hassle-free purchasing process, your best option may be to look closer to home. Here at NJ State Auto, we have a great selection of cars, vans, SUVs, and trucks to meet your needs.
At our lot in Jersey City, we have a wide range of used makes and models, including Honda, Nissan, and Toyota. If you’re after a more luxury experience behind the wheel, consider our range of BMW, Mercedes, and Audi vehicles.
If you’re trying to sell your old car, we can help with that too, by providing you with a fair trade-in quote. We also offer excellent financing options in case you’d like to spread out your car payments over a longer period. Check out our online estimated payment calculator to learn more.
If you’d like to get the buying process started or ask about our wide range of used vehicles, don’t hesitate to contact us today. Our team of auto experts is ready to help.
What Is the New Jersey Used Car Lemon Law?
The New Jersey Used Car Lemon Law protects your used vehicle purchase when the vehicle is acquired from licensed dealerships in New Jersey. Specifically, it protects consumers who experience repeated issues with their used vehicle purchase. The Used Car Lemon Law (UCLL) requires dealerships to provide a warranty to the purchaser. The length of that warranty depends on the mileage on the vehicle at the time of purchase. The UCLL also requires dealerships to fix any malfunctioning or defective parts covered under the used vehicle’s warranty. The dealership must provide this warranty free of charge to the purchaser of a qualifying used vehicle.
What Vehicles Does the New Jersey Used Car Lemon Law Cover? Vehicles purchased from a licensed dealership that are less than seven model years old, have less than 100,000 miles, and have a minimum purchase price of $3,000 are covered under the New Jersey Used Car Lemon Law. The law covers all passenger cars, trucks, and SUVs. The minimum duration of the warranty is based on the mileage on the vehicle’s odometer at the time of purchase. A consumer may waive their right to a warranty to negotiate a better purchase price. That waiver must be in writing to be valid in the state of New Jersey.
Minimum warranty durations are:
Thirty days or 1,000 miles, whichever comes first, for any vehicle that has between 60,000 and 100,000 miles on its odometer. Sixty days or 2,000 miles, whichever comes first, for any vehicle with 24,000 to 60,000 miles on its odometer. Ninety days or 3,000 miles, whichever comes first, for a vehicle with 24,000 or fewer miles on its odometer. This written warranty will require the dealership to fix the defect or malfunction on a used vehicle purchase within that warranty period. The vehicle must be brought to the dealership for repair and is subject to a $50 deductible, which the vehicle owner pays.
Vehicles that are excluded from the New Jersey Used Car Lemon Law include those with a salvage title, vehicles purchased from a private seller, motorcycles, motor homes, commercial vehicles, off-road vehicles, leased vehicles, a used vehicle under the original manufacturer’s warranty, and a used car that has been abused, modified, or not maintained by the purchaser.
What Parts Does the Used Car Lemon Law Cover? The warranty issued by the dealership will only cover specific parts of the used vehicle under the New Jersey Used Car Lemon Law. These parts include:
Front-wheel drive: All seals, gaskets, axle shafts, front hub bearings, internal lubricated parts, and constant velocity joints. Rear-wheel drive: All seals, gaskets, axle shafts and bearings, supports and U-joints, propeller shafts, and internal lubricated parts. Transmission automatic/transfer case: All seals, gaskets, vacuum modulators, torque converter, transmission mounts, and internal lubricated parts. Transmission manual/transfer case: All seals, gaskets, pressure plate, throw-out bearings, clutch master or slave cylinders, transmission mounts, and internal lubricated parts, excluding a manual clutch. Engine: All seals, gaskets, turbocharger housing, timing chains, timing belt, oil pump and gears, harmonic balancer, oil pan, engine mounts, manifolds, water pump, pulleys and cover, valve covers, oil pump and gears, gears and cover, flywheel, and internal lubricated parts. The cylinder heads, engine block, and housing are only covered if they are damaged due to an internal lubricated part’s failure.