Reported 2 days ago
Rising auto tariffs are expected to increase vehicle prices by at least $2,000, prompting many car manufacturers to either absorb the costs or implement modest price hikes. Kelley Blue Book's Brian Moody advises prospective buyers to expedite their purchasing decisions, especially for used cars, as inventory tightens and prices are anticipated to rise. While the market is navigating these changes, consumers could benefit from a proposed tax break on auto loan interest that may make new cars more affordable.
Source: YAHOO