Ringing in 2025 with Stabilizing New Car Affordability
Hi Larry,
Cars.com’s 2025 Automotive Trends Report
<https://www.cars.com/articles/2025-trends-car-prices-remain-stubbornly-high-in-new-year-and-potential-tariffs-could-add-pressure-but-shoppers-may-find-silver-lining-in-new-affordable-inventory-according-to-cars-com-502774/>
shows ongoing stabilization in the new car market with the average
new-vehicle price at $49,000, slightly below its June 2023 peak of $50,300.
Do you have any interest in covering the 2025 automotive outlook? If so, I
would love to get you connected with David Greene, industry and marketplace
analytics principal, for an interview.
“In 2025, more car shoppers may turn to new cars as the better option. The
late-model used inventory just isn’t there, due to fewer sales and leases
in the past three years. As a result, the options available will continue
to command inflated prices,�?? says David Greene, Cars.com analyst. “For new
car shoppers, it will be beneficial as they may get more for their
trade-in, which also helps offset the price of a new car.�??
Other findings include:
-
Used-EV prices dropped more than twice as fast as the broader used-car
market, making them more accessible to a wider range of consumers.
-
New EVs are priced $13,000 above the average new car price.
-
Foreign automakers with U.S.-based manufacturing facilities now rival
legacy Detroit brands, particularly in states like Alabama, Tennessee
and Texas, as highlighted in the 2024 American Made Index
<https://www.cars.com/american-made-index/>.
-
The inventory of new vehicles priced under $30,000 increased by 42% year
over year in November.
The potential implementation of tariffs in 2025
<https://www.cars.com/articles/proposed-tariffs-on-mexican-canadian-and-chinese-goods-could-affect-these-cars-the-most-496533/>
could further complicate how “American-made�?? is defined and achieved in the
auto industry. These tariffs are expected to impact vehicle components,
potentially raising the cost of manufacturing new cars. Fully assembled
imported vehicles, already among the most expensive goods affected by such
tariffs, could face even higher costs.
Do you have any interest in covering the news or speaking with David?
Please let me know and I would be happy to connect you.
Best,
Robert
On behalf of Cars.com
Robert Williams
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ldww.co <http://ldwwgroup.com/>