Car Buying in a Tariff World: Prices & Trends Explained
Schwab Network · Schwab Network
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Show Notes
Brian Moody breaks down the impact of tariffs on new car prices, which may not be as dramatic as expected. Many automakers are absorbing price increases to avoid driving away customers, while others are passing on costs through destination fees and decontenting. Moody also discusses how the used car market is faring, particularly for electric vehicles, which are depreciating rapidly, but still offer a good deal with expiring tax credits. Additionally, he shares his insights on popular car models, including the ongoing popularity of pickup trucks and the rise of small SUVs like the Toyota RAV4.
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