-22.2 C
Ottawa
Tuesday, January 27, 2026

New Car Prices Edge Higher, but Tariff Impact Remains Limited

Date:

New Car Prices Edge Higher, but Tariff Impact Remains Limited

A sign in front of a CarMax dealership in Santa Rosa, Calif., on April 10, 2025. Justin Sullivan/Getty Images

The cost of buying a new car in the United States rose in June, according to a July 14 press release from Kelley Blue Book.

The average transaction price (ATP) of a new vehicle in June was $48,907, higher by 0.4 percent from the downwardly revised May ATP of $48,717, said the report. June numbers registered an annual increase of 1.2 percent, the largest year-over-year gain in 2025.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Federal Reserve Expected to Leave Interest Rates Unchanged This Week

Federal Reserve Chair Jerome Powell speaks at a news...

Record Number of Americans Reaching Retirement AgeHow Prepared Are Cities?

A crowd lines up at a town hall meeting...

Does Homeowners Insurance Cover Water Damage?

A standard homeowner’s policy may cover costs associated with...

Australia Adds Another $550 Million to Pacific Climate Fund

Minister for Foreign Affairs Senator Penny Wong listens in...