Reported 4 months ago
As car prices fluctuate, consumers face uncertainty with changing tariff impacts. Used car prices dropped slightly by 0.5% in April but remain higher year-over-year. New vehicle prices held steady, and American automakers anticipate profit challenges due to tariffs, particularly affecting brands like Ford. Despite the confusing landscape, experts suggest that the summer buying season may still offer favorable conditions for consumers, with various incentives and financing options available.
Source: YAHOO