Car Prices Remain Stable in May Despite Tariffs

Dodge Salesman Says May Was Terrible For Sales. Here’s Why - Data Intelligence

So much for Memorial Day sales.  Memorial Day weekend is usually one of the best times of the year to buy a car, as dealerships are eager to move older inventory to make room for fall’s new models. But despite big banners and flashy promos, this year was a flop, according to a car salesperson who had an unexpectedly bad sales month. Are tariffs to blame, or is something else scaring off potential buyers? Dodge Salesman Vents About Bad Month In a…

Car prices dipped slightly in May

(ABC36 NEWS NOW) — Despite new tariffs on imported vehicles and car parts, average new car prices in the U.S. declined slightly in May. According to new data from Edmunds.com, the average price paid for a new car fell 0.2% compared to April, even though automaker sticker prices rose slightly by 0.2% last month. Analysts say most of the vehicles sold in May were already on dealer lots before the tariffs took effect, helping to keep prices in chec…