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Prices on many models have crept up. But the average marketed price industrywide is flat, at about $49,700, according to Cloud Theory, which tracks car inventory on dealer websites across the country.
New-car inventory is falling while prices are elevated and likely to rise more as the tariff era continues. And that’s good news for the used-car sector.
Automakers should set reasonable annual production and sales targets and should not transfer inventory to dealers and force them to stockpile cars, the chamber proposed on Tuesday.
Used vehicle prices surge above $30K as tariffs reshape market dynamics. Trade-in values rise amid dwindling inventory and a narrowing price gap.
Meanwhile, inventory continues to move quickly, with buyers snapping up cars off lots within 39 days. This is notably the same trend we saw in 2021, when the pandemic led to a used car market boom.
Data from iSeeCars and Cox Automotive shows that used car pricing is increasing, and the time closely correlates with the announcement of President Donald Trump's tariffs.
Automotive experts say tariffs could reduce the number of entry level-priced vehicles in the market as dealerships cut back on inventory with low margins.
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(iSeeCars) – A car’s build sheet is based on the car’s unique vehicle identification number (VIN). It lists both standard and optional equipment that a specific vehicle was originally built w… ...
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