Business
Tariffs Loom, But Shoppers Still Have Options: Cars.com Releases Its 2025 Affordability Report
Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company powering automotive, today unveiled its 2025 Affordability Report: Best Value New Cars, offering a timely guide to help car shoppers get the most for their money in an ever-changing market.
About this update from Cars.com Inc.
[{"type":"text","content":"Nissan and Ford Offer Consumers the Most Vehicles in 'Best Value' Category","length":82,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, April 1, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company powering automotive, today unveiled its 2025 Affordability Report: Best Value New Cars, offering a timely guide to help car shoppers get the most for their money in an ever-changing market.","length":338,"tagName":"p"},{"type":"image","alt":"Cars.com logo (PRNewsfoto/Cars.com)","displaySize":"","headline":null,"caption":"Cars.com logo (PRNewsfoto/Cars.com)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":157,"url":"https://media.zenfs.com/en/prnewswire.com/9cd7894b9e69b99e03877cb08e9ad596"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kQEcU2tXvR8cEgjbSVVXXQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9cd7894b9e69b99e03877cb08e9ad596","width":400,"height":157}},"href":"https://mma.prnewswire.com/media/1013611/cars_com_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The current administration's pending 25% tariffs on all vehicles assembled outside the U.S. — alongside increases on automotive materials and parts from Mexico, Canada and China — could have a sweeping impact on prices. For now, current dealer inventories are shielded, and new-vehicle prices have held steady at around $49,000 on average for over a year — but prices are expected to rise by late spring or early summer if tariffs are going into effect as planned on April 3.","length":479,"tagName":"p"},{"type":"text","content":""With the potential for some vehicle prices to rise between $3,000– $10,000 due to pending tariffs, shoppers are increasingly feeling pressure to act now to get the best deal," says Jenni Newman, Cars.com editor-in-chief. "It could take months for vehicle prices to increase, but consumers should be aware of three things while shopping: First, there is a well-rounded selection of affordable vehicles available on dealer lots if you know what you're looking for. Second, no vehicle currently sitting on a lot should have a tariff fee added until after tariffs go into effect. Third, look for models assembled in the U.S. w...