The Supreme Court’s Tariff Ruling Won’t Bring Car Prices Back to Earth
It has never been more expensive to buy a new car. The average transaction price last month for buyers in the United States was $48,576, up nearly a third from 2019, according to Edmunds. The “affordable” car—$20,000 or less—is dead. The high prices have been pinned on plenty of economic dynamics: lingering pandemic-era supply-chain issues,…