{'byline': 'by Lauren Barry', 'hosts': '', 'byline_sources': '', 'audience_id': '', 'original_station': [{'station': 'wccoradio', 'path': 'wccoradio/news/national/tariffs-could-spike-the-price-of-used-cars-nearly-usd3k'}], 'syndicated_items': '', 'original_item': {'_index': 'published-content_v43', '_type': '_doc', '_score': None, '_source': {'date': '2025-04-22T14:57:03.910Z', 'lead': [{'data': {'title': 'IMF projections suggest surging U.S. tariffs will weaken global economy, push up inflation', 'thumbnail_url': 'https://s1.dmcdn.net/v/YH3_M1e1kjFR46dfc', 'id': 'x9ia28m', 'created_time': 1745265669, 'mode': 'vod', 'private_id': 'k5DE2qsefYVOrWCUdgy', 'owner': 'x2yitaa', 'description': "The 2025 World Bank Group/IMF Spring Meetings have opened in Washington, DC. The annual event runs through April 26. U.S. tariffs, and their impact on the global economic will be an important focus of this year's meetings. According to projections to be released this week by the International Monetary Fund, surging U.S. tariffs will weaken the global economy and push up inflation in 2025.", 'channel': 'news', 'tags': ['WCCOAM', 'Tariff', 'Tariffs', 'Trade War', 'China', 'United States', 'President Donald Trump', 'Trump Administration', 'World Bank', 'Washington DC'], 'private': False, 'addPublic': True}, 'original_ref': 'www.audacy.com/_components/dailymotion/instances/cm9skcd1q0034357s2y4wef80@published'}], 'slug': 'tariffs-could-spike-the-price-of-used-cars-nearly-usd3k', 'tags': ['National News', 'Audacy News', 'WCCO-AM', 'tariffs', 'Donald Trump', 'Automotive Industry'], 'feeds': {'msn': True, 'rss': True, 'postup': True, 'facebook': True, 'newsfeed': True, 'sitemaps': True, 'frequency': True, 'smartNews': True, 'apple-news': False, 'smart-news': True, 'most-popular': True, 'reversechron': True, 'google-news-feed': True}, 'hosts': [], 'adTags': {'original_ref': 'www.audacy.com/_components/ad-tags/instances/cm9sj78nc001v01rti5eww5rc@published'}, 'byline': [{'names': [{'name': 'Lauren Barry', 'text': 'Lauren Barry', 'slug': 'lauren-barry'}], 'sources': [], 'hosts': [], 'prefix': 'by'}], 'teaser': 'Tariffs could spike the price of used cars nearly $3K', 'authors': ['Lauren Barry'], 'content': [{'data': {'text': 'Prices for used cars have already increased recently, <a href="https://www.iseecars.com/used-car-prices-study#v=202503">and a new study from car search engine iSeeCars</a> indicates that tariffs could make them shoot up by around $3,000. For some popular vehicles, prices could go up even higher.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9sj78nc001z01rtvvrt2fxi@published'}, {'data': {'text': '<iframe width="100%" height="165px" frameborder="0" src="https://player.amperwavepodcasting.com?&feed-link=https%3A%2F%2Frss.amperwave.net%2Fv2%2Fepisode%2F7358147_2025-04-07-153347&withPlaylist=false&theme=dark&playerDisplay-logoType=Audacy" allow="clipboard-write"></iframe>', 'isIframe': True, 'componentVariation': 'html-embed', 'fbInstantArticleHtml': '<iframe width="100%" height="165px" frameborder="0" src="https://player.amperwavepodcasting.com?&feed-link=https%3A%2F%2Frss.amperwave.net%2Fv2%2Fepisode%2F7358147_2025-04-07-153347&withPlaylist=false&theme=dark&playerDisplay-logoType=Audacy" allow="clipboard-write"></iframe>'}, 'original_ref': 'www.audacy.com/_components/html-embed/instances/cm9sj9p2j000t357sy13jykmc@published'}, {'data': {'text': '“Used car prices had been falling by as much as 7.3% in June 2024, but over the past six months, used car prices stabilized,” said iSeeCars executive analyst Karl Brauer. “Now used car prices are going up, and this is before tariffs have impacted new car pricing, which will add further upward pressure to both new and used car prices.”', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmla004k357sr8vq7tju@published'}, {'data': {'text': 'Between March and November 2020, when the COVID-19 pandemic was having a major impact on the economy and the supply chain, used car prices rose 8.2%, per iSeeCars. If overall used car prices increased 5% due to President Donald Trump’s tariff plans impacting goods from our international trading partners, they would cost $1,581 more. If they increased 10%, they would cost $3,162 more.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmn4004l357s15ld0o7g@published'}, {'data': {'text': '“A price bump between $1,300 and $3,800, depending on vehicle segment, is probably not what the average used car shopper wants to face over the next six to 12 months, but it’s a definite possibility if new car pricing rises,” said Brauer.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmp4004m357skxhdgss8@published'}, {'data': {'text': 'Based on the iSeeCars study, <strong>here’s what</strong> <strong>5% and 10% price increases would mean for some of the most popular used car models in the U.S.:</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmr9004n357sp7y14ia3@published'}, {'data': {'text': '<strong>Chevrolet Tahoe (average price $51,691 as of last month)</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmtc004o357syas36pmv@published'}, {'data': {'text': '5% - $2,585', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmv6004p357sd1qrm8ex@published'}, {'data': {'text': '10% - $5,169', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnmx0004q357smf2n4ham@published'}, {'data': {'text': '<strong>GMC Sierra 1500 (average price $47,184 as of last month)</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnn0e004r357sp7fqja1z@published'}, {'data': {'text': '5% - $2,359', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnn24004s357sqpyvh3cz@published'}, {'data': {'text': '10% - $4,718', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnn3y004t357s8b3lbu28@published'}, {'data': {'text': '<strong>Ford F-150 (average price $41,483 as of last month)</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnn65004u357sae25m7cq@published'}, {'data': {'text': '5% - $2,074', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnn84004v357sr4ec2mwr@published'}, {'data': {'text': '10% - $4,148', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnn9t004w357skn4y93c7@published'}, {'data': {'text': '<strong>Chevrolet Silverado 1500 (average price $39,504 as of last month)</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnbm004x357sb0vfxnut@published'}, {'data': {'text': '5% - $1,975', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnde004y357s9heyab5x@published'}, {'data': {'text': '10% - $3,950', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnfg004z357se2h6mm7p@published'}, {'data': {'text': '<strong>Ram 1500 (average price $38,784 as of last month)</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnha0050357s4prcu1mu@published'}, {'data': {'text': '5% - $1,939', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnjf0051357st7ut4l2m@published'}, {'data': {'text': '10% - $3,878', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnkz0052357srzf0r8sg@published'}, {'data': {'text': '<strong>Toyota Highlander (average price $36,035 as of last month)</strong>', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnmo0053357s4h4zc290@published'}, {'data': {'text': '5% - $1,802', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnod0054357sw0rys44v@published'}, {'data': {'text': '10% - $3,603', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnq40055357sw2s5xkmr@published'}, {'data': {'text': 'Already, prices for one to five-year-old used cars have increased for the first time in more than two years. As of March, these cars generally cost $31,624 in March 2025, up 1% ($317) from a year ago, with every major segment except for electric vehicles and cars/minivans. However, iSeeCars noted that even Tesla prices – which have fallen over the past two years – could increase due to tariffs.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnns40056357scg5rdyrf@published'}, {'data': {'text': '<iframe width="100%" height="500px" frameborder="0" src="https://player.amperwavepodcasting.com?&feed-link=https%3A%2F%2Frss.amperwave.net%2Fv2%2Ffeed%2Faudacy%2Faf2c3117d69eb7aee476aefdc80af2c3&theme=dark&playerDisplay-logoType=Audacy"></iframe>', 'isIframe': True, 'componentVariation': 'html-embed', 'fbInstantArticleHtml': '<iframe width="100%" height="500px" frameborder="0" src="https://player.amperwavepodcasting.com?&feed-link=https%3A%2F%2Frss.amperwave.net%2Fv2%2Ffeed%2Faudacy%2Faf2c3117d69eb7aee476aefdc80af2c3&theme=dark&playerDisplay-logoType=Audacy"></iframe>'}, 'original_ref': 'www.audacy.com/_components/html-embed/instances/cm9sj9ws30016357s1jd8bj5s@published'}, {'data': {'text': '<strong>“</strong>Tesla produces all of its U.S.-sold vehicles domestically, which would reduce the impact of tariffs. But like every automaker Tesla imports a substantial share of its vehicle components from Asia, which could mean higher new and used vehicle prices,” iSeeCars explained.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnu00057357srjkq0lb2@published'}, {'data': {'text': 'Cars aren’t the only things that are expected to become more expensive due to tariffs. Earlier this month, <a href="https://www.audacy.com/krld/news/national/tomato-prices-and-more-likely-to-spike-with-tariff-on-mexico">Audacy reported</a> that tomatoes could get pricier due to the tariffs, costs that U.S. companies have to pay to get international goods and are thus expected to pass on to consumers.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/cm9smnnw50058357s0fp24the@published'}], 'feedImg': {'data': {'alt': 'Brand new Nissan cars are displayed on the sales lot at North Bay Nissan on April 17, 2025 in Petaluma, California. Nissan plans to max out production at its 6-million-square-foot facility in Smyrna, Tennessee, to get ahead of President Donald Trump’s 25% auto tariffs and will roll back production of the popular Nissan Rogue by an estimated 13,000 units at its manufacturing facility in Japan. ', 'url': 'https://images.radio.com/aiu-media/GettyImages2210776336-9d9f61c0-637f-401c-a329-a5df07499435.jpg', 'width': 594, 'credit': '(Photo by Justin Sullivan/Getty Images)', 'height': 396, 'mimeType': 'image/jpeg', 'sizeInBytes': '48682', 'componentVariation': 'feed-image'}, 'original_ref': 'www.audacy.com/_components/feed-image/instances/cm9sj78nc001w01rteunlj8eq@published'}, 'sources': [], '_version': 24, 'featured': False, 'headline': 'Tariffs could spike the price of used cars nearly $3K', 'msnTitle': 'Tariffs could spike the price of used cars nearly $3K', 'textTags': ['National News', 'Audacy News', 'WCCO-AM', 'tariffs', 'Donald Trump', 'Automotive Industry'], '_msnTitle': {'shouldOverride': False}, 'apContent': None, 'isOpinion': False, 'pageTitle': 'Tariffs could spike the price of used cars nearly $3K', 'sideShare': {'original_ref': 'www.audacy.com/_components/share/instances/cm9sj78nc001x01rtf8nnqsoz@published'}, 'feedImgUrl': 'https://images.radio.com/aiu-media/GettyImages2210776336-9d9f61c0-637f-401c-a329-a5df07499435.jpg', 'feedLayout': 'small', 'showSocial': True, 'stationURL': 'https://www.audacy.com/wccoradio', 'breadcrumbs': [{'hidden': False, 'text': '830 WCCO', 'url': '//www.audacy.com/wccoradio'}, {'hidden': False, 'text': 'News', 'url': '//www.audacy.com/wccoradio/news'}, {'hidden': False, 'text': 'National', 'url': '//www.audacy.com/wccoradio/news/national'}], 'contentType': 'article', 'seoHeadline': 'Tariffs could spike the price of used cars nearly $3K', 'stationName': '830 WCCO', 'stationSlug': 'wccoradio', 'dateModified': '2025-04-22T15:09:31.026Z', 'featuredNews': True, 'sectionFront': 'news', 'fullWidthLead': False, 'shortHeadline': 'Tariffs could spike the price of used cars nearly $3K', 'syndicatedUrl': None, 'unityPageType': 'article', 'editorialFeeds': None, 'featuredSports': False, 'msnTitleLength': 53, 'seoDescription': 'Prices for used cars have already increased recently, and a new study from iSeeCars indicates that tariffs could make them shoot up by around $3,000. For some popular vehicles, prices could go up even higher. ', 'stationLogoUrl': 'https://images.radio.com/logos/WCCOAM.jpg', 'isContentFromAP': False, 'noIndexNoFollow': False, 'pageDescription': 'Prices for used cars have already increased recently, and a new study from iSeeCars indicates that tariffs could make them shoot up by around $3,000. For some popular vehicles, prices could go up even higher. ', 'primaryHeadline': 'Tariffs could spike the price of used cars nearly $3K', 'stationCallsign': 'WCCOAM', 'stationTimezone': 'CT', 'genreSyndication': None, 'socialDescription': 'Tariffs could spike the price of used cars nearly $3K', 'syndicationStatus': 'original', 'componentVariation': 'article', 'stationSyndication': [], 'hasSecondaryBylines': False, 'corporateSyndication': None, 'rollingStandoutCount': 0, 'secondarySectionFront': 'national', 'contentPageSponsorLogo': {'original_ref': 'www.audacy.com/_components/google-ad-manager/instances/cm9sj78nc001y01rtk3iohiqh@published'}, 'displayLogoSponsorship': False, 'plaintextShortHeadline': 'Tariffs could spike the price of used cars nearly $3K', '_opinionHeadlineOverride': {'shouldOverride': False}, 'plaintextPrimaryHeadline': 'Tariffs could spike the price of used cars nearly $3K', 'canBeMarkedGoogleStandout': True, 'isContentFromNoIndexByline': False, 'availableStandoutArticleInventory': True, 'articleWithinGoogleStandoutPublishDateLimit': True, 'canonicalUrl': 'http://www.audacy.com/wccoradio/news/national/tariffs-could-spike-the-price-of-used-cars-nearly-usd3k', 'site': 'demo', 'slugLock': True}, 'sort': [5365426], 'stationSlug': 'wccoradio', 'original_id': 'www.audacy.com/_components/article/instances/cm9sj78nc002001rt72jai8me@published'}}

Condition: Post with Page_List

Video

Tariffs could spike the price of used cars nearly $3K

By Lauren BarryApr 22, 2025

Lauren Barry

Lauren Barry is a Chicago-based news content producer for Audacy’s central news team. She is the host/co-producer of The On Deadline Podcast, as…

Follow:

Prices for used cars have already increased recently, and a new study from car search engine iSeeCars indicates that tariffs could make them shoot up by around $3,000. For some popular vehicles, prices could go up even higher.

“Used car prices had been falling by as much as 7.3% in June 2024, but over the past six months, used car prices stabilized,” said iSeeCars executive analyst Karl Brauer. “Now used car prices are going up, and this is before tariffs have impacted new car pricing, which will add further upward pressure to both new and used car prices.”

Between March and November 2020, when the COVID-19 pandemic was having a major impact on the economy and the supply chain, used car prices rose 8.2%, per iSeeCars. If overall used car prices increased 5% due to President Donald Trump’s tariff plans impacting goods from our international trading partners, they would cost $1,581 more. If they increased 10%, they would cost $3,162 more.

“A price bump between $1,300 and $3,800, depending on vehicle segment, is probably not what the average used car shopper wants to face over the next six to 12 months, but it’s a definite possibility if new car pricing rises,” said Brauer.

Based on the iSeeCars study, here’s what 5% and 10% price increases would mean for some of the most popular used car models in the U.S.:

Chevrolet Tahoe (average price $51,691 as of last month)

5% - $2,585

10% - $5,169

GMC Sierra 1500 (average price $47,184 as of last month)

5% - $2,359

10% - $4,718

Ford F-150 (average price $41,483 as of last month)

5% - $2,074

10% - $4,148

Chevrolet Silverado 1500 (average price $39,504 as of last month)

5% - $1,975

10% - $3,950

Ram 1500 (average price $38,784 as of last month)

5% - $1,939

10% - $3,878

Toyota Highlander (average price $36,035 as of last month)

5% - $1,802

10% - $3,603

Already, prices for one to five-year-old used cars have increased for the first time in more than two years. As of March, these cars generally cost $31,624 in March 2025, up 1% ($317) from a year ago, with every major segment except for electric vehicles and cars/minivans. However, iSeeCars noted that even Tesla prices – which have fallen over the past two years – could increase due to tariffs.

“Tesla produces all of its U.S.-sold vehicles domestically, which would reduce the impact of tariffs. But like every automaker Tesla imports a substantial share of its vehicle components from Asia, which could mean higher new and used vehicle prices,” iSeeCars explained.

Cars aren’t the only things that are expected to become more expensive due to tariffs. Earlier this month, Audacy reported that tomatoes could get pricier due to the tariffs, costs that U.S. companies have to pay to get international goods and are thus expected to pass on to consumers.

Condition: Post with Page_List