For new car buyers, tariffs can't come at a worse time
New car buyers could see a positive trend reverse soon.
These days, when most people talk about inflation, they are referring to everyday items like eggs, milk, and gasoline.
However, over the past five years, car prices have increased at a rate faster than inflation. According to Car Edge, average transaction prices across the new car market increased by 34% between Q4 2019 and Q4.