Buying a car is still really expensive even though prices have actually come down slightly. According to Kelly Blue Book, the average transaction price of a new vehicle as of February was $47,244.

To me that sounds steep. Yet they say that’s actually down 2.2% from the February before in 2023 and down a surprising 5.4% from where the average price peaked in December of 2022. CheapInsurance.com confirms the slight price relief.

Still, it’s daunting.

With prices so high buying a car can be an anxiety-provoking endeavor. Especially in an already expensive state like New Jersey. Every trim decision and bell and whistle could keep a Garden State resident up at night.

So what are people in the financially unforgiving land of New Jersey buying? Cheap Insurance says it compiled a list of the five bestselling cars in the Garden State.

5. Toyota Rav 4

Photo by Vlad Kutepov on Unsplash
Photo by Vlad Kutepov on Unsplash
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Price range: $28,675 – $38,380

4. Jeep Grand Cherokee

Photo by Kirk Thornton on Unsplash
Photo by Kirk Thornton on Unsplash
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Price range: $36,495 - $68,940

3. Tesla Model 3

Photo by Charlie Deets on Unsplash
Photo by Charlie Deets on Unsplash
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Price range: $28,675 – $38,380

2. Honda CRV

Photo by Kushan Pancholi on Unsplash
Photo by Kushan Pancholi on Unsplash
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Price range: $29,500 – $40,200

1. Tesla Model Y

Photo by Tyler Casey on Unsplash
Photo by Tyler Casey on Unsplash
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Price range: $43,990 – $52,490

All of these being too rich for my blood, I’ll stick with my nearly decade old Ford Explorer with the ‘falling off’ trim package and the 204,000 miles on the odometer.

Price range: paid for (priceless)

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Opinions expressed in the post above are those of New Jersey 101.5 talk show host Jeff Deminski only.

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