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A current inspection really isn't an good indication of the quality of the car. The only possible problem would be a failure of the emissions system when inspected by the new owner. But in reality, a year old inspection wouldn't even guarantee that.
If you were really worried, have a trusted mechanic look it over. But as yiou now own it, it's a bit too late.
Any car sold by a dealer in the state of NJ carries the guarantee of passing state inspection. However, the car does not need to have a current inspection sticker. If the car has a valid NJ inspection sticker, it should be left alone and no inspection is necessary. If the car does not have a current NJ inspection sticker (chances are the dealer bought the car from another state) then you will get a pink card with your registration that gives you 14 days to get the car inspected. Take it to the inspection station and if you pass that's it. If it doesn't pass take the printout they give you and go back to the dealer who is required to make the necessary repairs and then you get the car re-inspected.
If you purchased the vehicle from a private seller [not from a dealer], I haven't found any information that states it is illegal to sell the vehicle without a current inspection. You have 14 days to get your car inspected.
"If the vehicle is from another state or does not have a valid New Jersey inspection sticker, the vehicle must be inspected within 14 days after registration." http://www.state.nj.us/mvc/pdf/Licen.../Chapter_9.pdf
Cars are very often sold without inspection, either because the other inspection expired or the car may be from a different state. No biggie, it either passes or not.
NJ now only checks emissions and of course your documents, i.e. driver license of whomever drives the car in, reg and insurance.
If you really are interested in knowing about the rest of the mechanicals of the car, i.e. brakes, suspension, engine, etc., you either check it yourself or many local garages will look it all over for you.
Just bring the car to get it inspected.....nuff said. If it fails, get whatever sensor or emission-related problem fixed. Should you worry that you bought a car without inspection? I say no since you bought it already and should have seen the car had no sticker. You knew what you were buying I'm sure. You could have bought it with a sticker ready to expire next month and have it fail next month. Bottom line is NJ only checks for check engine light and emissions. You can have broken brakes, broken brake lights, busted head lights, cracked windshield......and still pass. Or you can drive a 2009 Mercedes mint condition with a CE light....and fail. Go figure.
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