With Tariffs, Used Car Prices Likely to Rise Soon
Car dealers paid less for used cars at auction in March than in February. But tariffs likely mean prices will rise soon.
Car dealers paid less for used cars at auction in March than in February. But tariffs likely mean prices will rise soon.
Mercedes-Benz will not hike prices to account for new tariffs on cars and car parts for now, according to a new report.
Hyundai and Genesis have pledged to keep prices flat until June. Honda and Toyota have not set a date, but will aim to keep prices steady.
Automakers have paused production or shipment of some cars in an early response to new tariffs. Millions of cars are still in stock at dealerships.
Learn about dealer markup and market adjustments on cars and find out what to avoid when buying a car in today’s auto market.
President Trump’s car tariffs have begun. Early responses include plant pauses, temporary layoffs, and new window stickers.
President Trump enacted a 25% tariff on new cars last night, but car prices didn’t go up 25%. Price changes will be complicated and shifting.
President Donald Trump announced sweeping new tariffs on almost all imports today, but their effects do not combine with existing car tariffs.
President Trump has announced new auto industry tariffs, but left many details unclear. Even automakers can’t predict prices yet.
Car dealers are readying for an onslaught of shoppers brought on by promised tariffs. Should you join them? We explore how to decide.