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

US Raises Travel Advisory for Spanish Area Amid Illegal Immigrant Influx

The U.S. Department of State on Saturday increased a...

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...