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Despite Two Months of Tariffs, Car Prices Aren’t Going up. Is Now the Time to Buy? | News Channel 3-12

Summary by KRDO

By Chris Isidore, CNN (CNN) — American car buyers braced for the worst when President Donald Trump’s auto tariffs started taking effect in April. But so far, prices are little changed. However, industry experts don’t expect that will remain true for long if tariffs stay in place— so Americans may want to buy a car now before prices start to rise within a few months. “So far there’s a mismatch between the expectation of what would happen, and the…

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Despite two months of tariffs, car prices aren’t going up

American car buyers braced for the worst when President Donald Trump's auto tariffs started taking effect in April. But so far, prices are little changed.

2 days ago·Flint, United States

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CNN

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Lean Left

Despite two months of tariffs, car prices aren’t going up. Is now the time to buy?

American car buyers braced for the worst when President Donald Trump’s auto tariffs started taking effect in April. But so far, prices are little changed.

2 days ago·Atlanta, United States

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Carscoops

Car Prices Are Rising Again But Not How Experts Predicted

Average new car prices rose to $48,883 in May, up 0.5 percent overall. Inventories are falling again, hitting 2.47 million units by early June. Jaguar and Audi have more than 120 days of unsold new vehicle inventory. New car prices are creeping upward, but not in the dramatic fashion many predicted. Despite all the noise surrounding tariffs and market instability, most buyers haven’t felt the full impact. At least not yet. It had been widel…

2 days ago

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