Michael Wilson+FollowCar Buying Frenzy Turns Into a HangoverEveryone rushed to buy cars before Trump’s tariffs hit, but now dealerships are basically ghost towns. Prices are creeping up (again), and monthly payments just hit a record high—ouch. Dealers say people are holding off because no one wants to drop $50k on a car with all this economic uncertainty. And get this: some experts think prices could jump another $2,000 by year’s end. The party’s definitely over for car shoppers! #Cars #CarMarket #Tariffs20Share
Stephanie Crawford+FollowUsed Cars Are Basically New Car Prices?!Used car prices are wild right now—like, almost as much as buying new! The average 3-year-old car is going for over $30k, just $17k less than brand new. Thanks to pandemic chip shortages and fewer leases, there’s way less inventory, so prices are spiking. If you leased a car recently, you might actually make money trading it in. But for everyone else, the window for a deal might have already closed. Tariffs could make things even crazier soon! #CarMarket #UsedCars #CarPrices #Cars00Share
Jacqueline Ray+FollowUsed Car Prices Are Wild Again!Remember the pandemic car chaos? It’s back, but this time in the used car market. Thanks to that old chip shortage, there just aren’t enough gently-used cars out there, and prices are spiking—again. The average 3-year-old car is now just $17k less than a new one, and even used cars are sitting on lots longer because buyers are balking at the prices. Waiting it out? Experts say that might backfire, with tariffs set to make things even pricier. If you’re selling, congrats! If you’re buying… good luck. #UsedCars #CarMarket #PandemicProblems #Health2425Share
Stephanie Lee+FollowCar Shopping? Here’s Why It Sucks NowThinking about buying a new car? Brace yourself. Inventories are tanking—down 7.4% just last month—and prices are climbing fast. Toyota and Lexus barely have any cars left, while some brands are overflowing. The average new car now costs over $48k, and that’s up $1,300 from last year. Tariffs and production halts are making things even messier. If you can wait, you probably should! #CarShopping #AutoNews #CarPrices #InventoryShortage #CarMarket #Cars10Share