Scary Predictions About Trump Vehicle Tariffs Proven False
Predictions of massive vehicle price increases due to tariffs have proven to be false.
- Media outlets predicted severe price shocks to automobile consumers in early 2025.
- Q3 data shows vehicle prices have remained virtually unchanged since President Trump took office.
- Compact and midsized cars are now less expensive.
- The overall average transaction price has changed less than 1%, specifically 0.68%.
Vehicle prices have remained virtually unchanged since President Trump took office.
Author's summary: Tariff predictions proved false, with minimal price changes.